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Newtown Savings Bank Amplifies Support For Community Well-Being And Financial Literacy Initiative



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Newtown Youth and Family Services (NYFS) announces Newtown Savings Bank’s (NSB) commitment to the community by becoming the Premier Sponsor of the 39th Annual Holiday Festival benefiting NYFS.

With a generous donation of $7,500, Newtown Savings Bank solidifies its dedication to fostering the well-being of youth, adults, and families in the greater Newtown area.

NYFS Executive Director Candice Bohr said the local bank’s generosity allowed NYFS to “further our mission of promoting mental health programs vital to the resilience and prosperity of our community.” Newtown Savings Bank’s investment in the Holiday Festival underscores its commitment to nurturing the future of Newtown’s youth while ensuring a safe and healthy environment for all residents, Bohr added.

In addition to its Premier Sponsorship of the 2024 Holiday Festival, NSB is taking proactive steps to address financial literacy in the community.

Recognizing the importance of sound financial practices, Newtown Savings Bank Foundation is initiating a donation of $2,500 to support NYFS’ pilot program, Thriving Together, its financial literacy program. The program aims to educate the community on healthy financial habits, from youth to seniors, through workshops partnering with Newtown Savings Bank employees.

“With the State of Connecticut ranked overall the eighth least-financially literate state according to a WalletHub Report, there’s a critical need for initiatives like the NYFS pilot program,” Bohr remarked. “We’re proud to partner with Newtown Savings Bank to empower individuals with the knowledge and skills they need to make informed financial decisions, whether a young adult or senior citizen.”

The partnership between NSB and NYFS exemplifies a shared commitment to enhancing the financial well-being of the community, laying the groundwork for a brighter and more prosperous future for all.

NYFS is a nonprofit organization dedicated to providing comprehensive behavioral health, prevention, and intervention services to children, adolescents, adults, and families in the greater Newtown area. Since its inception, NYFS has been committed to promoting emotional well-being, fostering resilience, and enhancing the quality of life for individuals and families in the community.

Newtown Savings Bank is a community bank headquartered in Newtown, with over $1.8 billion in assets. For over 168 years the bank has been deeply invested in the customers and communities it serves.

NSB has 15 branches in Newtown, Bethel, Bridgeport, Brookfield, Danbury, Monroe, Oxford, Shelton, Southbury, Trumbull, and Woodbury, along with the New Haven Regional Lending Center in Hamden.

Newtown Savings Bank’s has signed on as the Premier Sponsor of the 39th Newtown Holiday Festival benefiting NYFS.
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