RSB and QCAP Partner to Bring Financial Education Programs to Randolph

February 18, 2016

Randolph Savings Bank in its efforts to further its support of education and promotion of financial literacy presented a check to the Quincy Community Action Programs (QCAP) to partner with the organization in presenting consumer financial education seminars in Randolph.

The $7,500 donation will fund programs on a variety of topic including budgeting and first time home buying. The first of the QCAP seminars, a two-part program focused on first-time home buying, will take place March 15 and 19.

“Education is essential to the financial health of the communities we serve,” explained Richard Olson, SVP Retail Banking at Randolph Savings Bank. “Randolph Savings Bank supports providing opportunities for individuals to improve their financial literacy. Understanding money, knowing our options - it’s empowering! Through our partnership with QCAP and the seminars we will bring to our customers and community, we’ll provide people with the knowledge that is essential to feeling in control of their financial well-being.”

“We’re excited to work with Randolph Savings Bank to bring financial education programs to Randolph,” said Beth Ann Strollo, Chief Executive Officer of Quincy Community Action Programs. “It is the mission of the QCAP to minimize the effects of poverty and increase self-sufficiency. Sharing knowledge is fundamental in driving our efforts to help people realize and achieve their long-term financial goals.”

The United Way works to bring businesses and non-profits together for greater community impact. “Randolph Savings Bank is a natural choice to partner with QCAP and the United Way,” explained Merrill Davidson, Development Director of Community Relations for the United Way. “We’re always looking out for the needs of our community – and we recognized the growing need for financial literacy and support for families in Randolph. These seminars will be a benefit for families in the community.”

Quincy Community Action Programs, Inc. (QCAP) is a leading private nonprofit organization in the Greater Quincy area dedicated to reducing poverty and helping low-income people achieve self-sufficiency. QCAP was incorporated in 1965 and is one of 24 Community Action Agencies in Massachusetts. QCAP serves approximately 20,000 unduplicated people annually. Their service area includes Quincy, Weymouth, Braintree, Milton, Hull and surrounding Norfolk County and Randolph communities.