FDIC-Insured - Backed by the full faith and credit of the U.S. GovernmentLiberty Bank Makes a $1 Million Gift to Establish Community Fund in Memory of Former Board Chair
Liberty Bank announced today they’ve made a gift of $1 million to the Community Foundation of Middlesex County, Inc. to establish the “Mark Gingras Liberty Bank Community Fund” in memory of Mark R. Gingras, longtime Board Chairman and Wallingford resident, who passed way unexpectedly in March 2024.
Prior to his passing, Gingras was the owner and operator of G&G Distributors. He served on Liberty Bank’s Board of Directors since 2001, becoming Board Chairman in 2007.
This new fund was created through a gift from Liberty Bank to honor Gingras’ generous community-minded spirit, and it will help advance charitable initiatives, particularly those that positively impact education and children and families.
While Liberty Bank made the gift of $1 million to establish the fund, the Mark Gingras Liberty Bank Community Fund will be managed by the Community Foundation of Middlesex County, Inc.
“Team Liberty greatly appreciated the time, talent and ‘Be Community Kind’ spirit Mark shared with us over the years. He was part of the fabric of our organization for more than two decades, helped set the course for our bank and is one of the reasons why Liberty remains a mutual bank today,” said David W. Glidden, President & CEO of Liberty Bank and President of the Liberty Bank Foundation. “This $1 million gift from Liberty Bank enables us to honor an admired businessman, respected leader and generous community partner by ensuring we continue to help others in his memory.”
“It’s our honor to manage this fund in memory of a kind and loyal leader – one who made a tremendous impact on Middlesex County,” said Cynthia Clegg, President and CEO of the community foundation. “Mark Gingras will continue to make a difference for many years to come.”
In addition to Gingras’ involvement with Liberty Bank, he also served on several local boards and commissions in his hometown of Wallingford. He was awarded the highest honor a local Rotarian can receive from Rotary International – the Paul Harris Fellow.
“This fund is truly a gift that will keep on giving,” said Christine Gingras. “My husband was devoted to his family, but also to the Liberty Bank team and his community, and we will continue to help others in his memory.”
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