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March 20
Support for the arts was a luxury most banks couldn't afford after the meltdown, but not all of them stopped giving.
When donations to arts organizations dried up during the recession, Union Savings Bank in Ridgefield, Conn., kept backing the 23,000-person town's symphony and other cultural events.
"We've made a real effort over the past five years not to lose sight of our arts organizations," says Marie O'Neill, the bank's executive vice president and chief marketing officer. When push comes to shove, companies usually cut arts funding ahead of, say, social services, she says.
The bank this year donated $10,000 to the symphony, according to Gina Wilson, who
"They've been a sponsor for quite a while," she said in an interview. "We're just incredibly grateful to them. I know the requests outweigh the ability to support."
Each year Union Savings receives funding requests from organizations across town. "Frankly, if you're a viable nonprofit, we'll usually give you a donation," O'Neill says.
In May, the bank sponsored the symphony's "
Union Savings typically sponsors one concert per year, and has some discretion in choosing the type of music that is associated with its brand. "It's usually my choice," says O'Neill, adding that the shows attract a range of age groups, from young families to senior citizens.
The bank's donation also supports the symphony's music program in the local schools, as well as pre-concert lectures and smaller shows for senior citizens in the area.
The Ridgefield Symphony was established
The group's music director,
And, if that doesn't convince you of this small-town symphony's caliber, take a look at their most recent
Wilson says that next year, the bank will take a turn from Gershwin jazz and, instead, sponsor a classical concert with a young soloist.
The bank likes music that is "more accessible," she says.