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Belmont Savings Bank Sponsors Annual Watertown Education Foundation Spelling Bee

Posted on January 1st, 2014 at 2:25 PM

WATERTOWNBelmont Savings Bank will sponsor the Watertown Education Foundation's (WEF) Annual Youth Spelling Bee on Sunday, January 26 beginning at 10 a.m. at Watertown Middle School. This year marks the 4th anniversary of the community event.

Teams of first through fifth-grade students will show off their spelling skills during this fun-­â€filled day. Members of the winning team from each grade will receive Belmont Savings Bank passbooks  each with a $50 deposit.

"Partnering with the Watertown Education Foundation for this new, great annual tradition is an absolute delight," said Bob Mahoney, president and CEO of Belmont Savings Bank. "We are proud to collaborate with the Watertown Education Foundation to provide Watertown Education Rewards Checking, which is a best-­â€in-­â€market checking account that rewards our customers as well as the Watertown Education Foundation with $50 each for every new account opened.”

Belmont Savings Bank staff will be on hand at the event, and encourage parents and children to stop by the Bank’s table.  Information about the Watertown Education Rewards Checking account as well as the Belmont Savings’ prize wheel will be featured. Prizes include piggy banks, highlighters, water bottles and balls. Additionally, visitors can enter to win a Bose Sound Link speaker, courtesy of Belmont Savings.

Belmont Savings will also present a $6,500 check to the Watertown Education Foundation as a result of the many Watertown Education Rewards accounts that have been opened at Belmont Savings Bank in the last year. This donation to the WEF will be used to purchase new Chrome Books for the Watertown Middle School.

The spelling bee is free to attend, and refreshments will be sold in the cafeteria.

Last year, the spelling bee raised more than $13,000, with almost 300 Watertown elementary and middle school students participating.

The Watertown Education Foundation is a non-­â€profit, volunteer-­â€run organization that engages the community in supporting excellence and enrichment in the Watertown Public School System. Since 2011, the Belmont Savings Bank Foundation has given nearly $5,500 to the Watertown Education Foundation.

Watertown Education Rewards Checking is a unique checking account created in support of the Watertown Public Schools. For each new account that is opened at Belmont Savings Bank, the WEF receives $50 and the account holder receives $50. In addition, the WEF earns .25% on all account balances. To learn how you can open a Watertown Education Rewards Checking Account, visit http://www.belmontsavings.com/home/promotions/watedreward.

For information and event schedules, visit the Foundation's website http://watertowned.org.

About Belmont Savings Bank

Belmont Savings Bank is a $1 billion, full-­service Massachusetts savings bank dedicated to quality, convenience, and personalized service. The Bank builds on a proud history of financial strength and a tradition of active involvement in the community. Belmont Savings Bank provides a full range of banking services for professional commercial real estate investors, developers and managers as well as individuals and local small business owners through seven full-­service branches in Belmont, Cambridge, Newton, Waltham and Watertown. Find out more information by visiting: https://www.belmontsavings.com or Like Belmont Savings on Facebook at http://www.facebook.com/BelmontSavingsBank. Member FDIC. Member DIF.

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