Danversbank Charitable Foundation, the philanthropic arm of Danversbank, which was acquired by People's United Bank in 2011, announced today that it has awarded a total of $10,000 in college scholarships to four Danvers High School students.

“Danversbank Charitable Foundation has awarded scholarships to Danvers High School students for more than 10 years,” said Kevin Noyes, Director of Danversbank Charitable Foundation. “As a graduate of Danvers High School, I am proud to be part of an organization that supports our local youth as they aspire to reach their college and career goals.”

The scholarship recipients and the colleges they will be attending are: Eric Correia, Worcester Polytechnic Institute; Kallie Dieter, Brigham Young University; Brian Menezes, Holy Cross; and Emily Moore, Johnson & Wales University. Each student received a $2,500 scholarship to be used toward the college of their choice, and was selected by the Danvers High School Guidance Department based on academic ability and need.

"The students chosen for the Danversbank Charitable Foundation represent the best of our community. We are thrilled for them and grateful to the foundation for their continued recognition of and support for students who achieve academically."  Susan Ambrozavitch, Principal of Danvers High School.

About Danversbank Charitable Foundation:

Danversbank Charitable Foundation Inc. was established by Danversbank, which was acquired by People’s United Bank in 2011. Now associated with People’s United Bank, the Danversbank Charitable Foundation continues to provide funding to eligible organizations within the former Danversbank branch communities. The mission of the Danversbank Charitable Foundation Inc. is to strengthen its communities and the residents who reside in them by providing funding to eligible non-profit organizations serving them. Danversbank Charitable Foundation’s primary areas of giving include social, health, youth services, education, affordable housing, cultural, and low-to- moderate income individuals.

About People’s United Bank:

People’s United Bank is a subsidiary of People's United Financial, Inc., a diversified financial services company with approximately $28 billion in assets. People's United Bank, founded in 1842, is the premier regional bank headquartered in the Northeast with approximately $28 billion in assets. People’s United provides a full product suite of consumer, commercial banking and wealth management services through a network of 417 branches in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. Through additional subsidiaries, People's United provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.