Gloucester Educational Savings Bank
In 2020, the Gloucester Educational Savings Bank graduated its 29th class!
At Cape Ann Savings Bank, we understand that the youth of our communities are the future of our communities. As part of our deep commitment to Cape Ann, we have partnered with Gloucester High School to offer students an extraordinary learning opportunity for the past 29 years.
Cape Ann Savings Bank Scholarships
As part of our commitment to education, paired with the understanding of the rising costs of a college education, Cape Ann Savings Bank offers scholarship opportunities, annually, for graduating seniors of Gloucester, Manchester-by-the-Sea and Rockport High Schools. Three scholarships, per eligible community, will be awarded to graduating seniors, in the amount of $1,500.00 each. Our Gloucester High School Scholarship is the Sandra L. Tucker Memorial Scholarship. Preference is given to Gloucester High School seniors who have successfully completed the Gloucester Educational Savings Bank Program. To apply for the scholarships, please refer to your school's scholarship booklet or contact your Guidance Department.
Abbott Scholarship Trust
The Abbott Scholarship Trust awards scholarships in the amount of $3,000.00 or more, annually, to graduating seniors and currently enrolled college students who are residents of Gloucester, Essex or Rockport.
Here at Cape Ann Savings Bank, we like to see savings grow. As a participating member of the Commonwealth of Massachusetts "Saving Makes Cents Program," we are active in our local elementary schools in Gloucester, Manchester-by-the-Sea and Rockport helping children in third through fifth grades learn how to save.
It's as easy as this:
"Saving Makes Cents" runs during the school year. Additional deposits are always welcome year round at our Main Office in Gloucester, Manchester-by-the-Sea Branch, or Granite Branch in Rockport.
* May be subject to 1099 reporting