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Education & Scholarships

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Gloucester Educational Savings Bank Moves to Cape Ann Savings Bank Internship Program

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 over thirty years. As of the start of the 2025/2026 school year the traditional high school teller run bank branch at Gloucester High School is transitioned into an internship opportunity for eligible GHS Seniors. For more information regarding the internship program and application process, Gloucester High School students should speak with their guidance counselor.


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-Essex, and Rockport High Schools. Three scholarships, per eligible community, will be awarded to graduating seniors, in the amount of $2,000.00 each. Our Gloucester High School Scholarship is the Sandra L. Tucker Memorial Scholarship, named in memory of a former Cape Ann Savings Bank employee. To apply for the scholarships, please refer to your school's scholarship booklet or contact your Guidance Department. 2026 Winners will be announced after each school awards the scholarships. 

Gloucester High School 2025: Rose Groleau, Alessia Numerosi, Cameron Nunes
Manchester-Essex High School 2025: Charlotte Crocker, Rachel Gallant, Zubin Pathria
Rockport High School 2025: Warren Adams, Maria Eduarda Oliveira, Madison Slier

Cape Ann Savings Bank Student Athletes of the Year

The Cape Ann Savings Bank Student Athletes of the Year award celebrates the top two male and female graduating "student athletes" who represent excellence in their sport/s, in the classroom, and as great role models in their communities. The award, in the amount of $1,500.00 each, is given to the chosen graduating seniors from Gloucester, Manchester-Essex, and Rockport High Schools. Cape Ann Savings Bank works with each school's Athletic Director and Administration to chose the annual winners based off of the "Student Athlete of the Week" school year interview list provided by the Kelley Media Sports Desk. 2026 winners will be announced this summer, date to be determined.

Gloucester High School 2025: Skye Ciolino & Brayden Francis
Manchester-Essex High School 2025: Ella Arntsen & Samuel Bothwell
Rockport High School 2025: Allison George & Chase Wheat


Abbott Scholarship Trust

The Abbott Scholarship Trust awards scholarships, annually, to graduating seniors and currently enrolled college students who are residents of Gloucester, Essex or Rockport.

About the Abbott Scholarship Trust: The Abbott Scholarship Trust was established by the Will of James N. Abbott, Jr., "to help underwrite students from Gloucester, Rockport, and Essex to attend full-time accredited institutions of higher learning subsequent to their graduation from high school." The Will provides that "Scholarship recipients shall be bona fide residents domiciled in Gloucester, Rockport and Essex", possessing, in addition to strong academic and moral qualifications, a firm commitment to the area of Cape Ann demonstrated insofar as possible by expressed intention and willingness to reside in the area after completion of their studies, practicing their professions, skills, business and talents within this community, thus returning in some measure the benefits conferred upon them by this "Trust."

The 2026 Abbott Scholarship applications appear below. The deadline to apply is June 15, 2026.
Abbott Scholarship High School Graduating Senior Application
Abbott Scholarship College Student Application


2025 Abbott Scholarship Award Winners, $5,000.00 each:
Skye C. Ciolino - Gloucester, MA
Jada T. Exama - Gloucester, MA 
Brayden M. Francis - Gloucester, MA
Abigail E. Marshall - Rockport, MA
Daniel P. O'Leary - Gloucester, MA
Sofia M. Orlando - Gloucester, MA
Mia A. Sargent - Gloucester, MA 
Francesca J. Twombly - Rockport, MA


Saving Makes “Cents”

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:

  • Open a savings account with one of our representatives with a minimum of $5.00.
  • Receive $5.00 from Cape Ann Savings Bank as a one-time matching deposit for starting your account.*
  • Receive a zip up bank bag and piggy key chain.
  • Save your money and see one of our representatives at your elementary school on weekly Banking Day during the school year.
  • Earn additional key chains as you save, save, save.
  • Sit back and watch your savings grow!

"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.

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* May be subject to 1099 reporting

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