Bank awards scholarships to CRLS seniors
Cambridge Rindge & Latin School seniors Arjun Agarwala and Ashley Vincent have won scholarships from Cambridge Savings Bank’s charitable foundation as well as offers of summer jobs at the bank, allowing them to earn extra money to help with college expenses, a bank spokesman said Tuesday.
The bank’s Cambridge Savings Charitable Foundation typically awards two $2,500 scholarships to local graduating seniors, one for a traditional four-year program and a second for a two-year technical, vocational or community college program, said Tom Halkin, of Boston’s Mills & Co.
Agarwala, Vincent and the rest of this year’s recipients were honored at a ceremony at Café Escadrille in Burlington.
The awards come through the Kevin J. Fitzgerald Scholarship Program, now in its 20th year. It awarded a total of $65,000 this year to graduating seniors in Eastern Massachusetts, Halkin said, meaning it has given away more than $750,000 since its start in the bank’s Community Reinvestment Act communities: Acton, Arlington, Bedford, Belmont, Brookline, Burlington, Cambridge, Concord, Lexington, Lincoln, Medford, Newton, Somerville, Waltham, Watertown, Winchester and Woburn.
The award is named after Kevin J. Fitzgerald, who began working at the bank while in college through a cooperative education program and started his full-time banking career upon graduating in 1967. During his career, Mr. Fitzgerald served as the bank’s president, chief operating officer, chief executive and as chairman of the board.
This post was written from a press release.