MIDDLETOWN, CT — During the months of April and May, applying for a mortgage at Liberty Bank offers more than a great rate and superior service for applicants: it also helps homeless people throughout the area served by the bank.
Liberty’s Giving Circle program sets aside $100 for every mortgage application received by the bank during April and May, and then divides the accumulated funds among local agencies that provide emergency or transitional housing for homeless families and individuals. As of 2018, the total donated through the 24-year-old program rose to almost $595,000.
“As new homebuyers celebrate a milestone in their lives and current homeowners refinance, they’re also holding out a helping hand to someone with no home at all. A very satisfying ‘pay it forward’ moment,” said Shirley Cote, Senior Vice President of Liberty Bank’s Retail Lending group.
Giving Circle funds for 2019 will be granted to the following nonprofit organizations, including seven new organizations in Hartford and one in East Hartford:
Bristol Homeless Shelter, operated by St. Vincent DePaul Mission of Bristol, Inc.
East Hartford Community Shelter
Friendship Service Center, New Britain
Interval House, Hartford
Open Hearth, Hartford
Prudence Crandall Center, New Britain
Salvation Army Marshall House, Hartford
Salvation Army Shelter, New Britain
Soromundi Commons, Hartford
South Park Inn, Hartford
Stewart B. McKinney Emergency Shelter, Hartford
The Eddy Center, operated by The Connection, Inc., Middletown
Middlesex Family Shelter, operated by Columbus House, Middletown
New Horizons Domestic Violence Shelter, operated by Community Health Center, Middletown
New Haven County:
Christian Community Action, New Haven
Columbus House, New Haven
Emergency Shelter Management Services, New Haven
Liberty Community Services, New Haven
New Reach, Inc., New Haven
Safe Haven of Greater Waterbury
Salvation Army Emergency Shelter for Families, Waterbury
Shelter Now, operated by New Opportunities, Inc., Meriden
St. Vincent DePaul Mission of Waterbury
Umbrella Center for Domestic Violence Services, Ansonia
Wallingford Emergency Shelter, Wallingford
Greater New London:
Always Home (previously Mystic Area Shelter & Hospitality)
Covenant Shelter of New London
New London Homeless Hospitality Center
Safe Futures, New London
Thames River Family Program, operated by Thames River Community Service
Holy Family Home & Shelter
Windham No-Freeze Hospitality Center
In addition, Connecticut homebuyers with purchase applications that go under contract on or before May 31, 2018 will be eligible to receive a $200 closing cost credit toward their Liberty Bank mortgage*. Credit applies to first mortgages only; Connecticut Housing Finance Authority (CHFA) loans are not eligible. One closing credit per application. Please contact a Loan Originator for Liberty Bank’s mortgage specials for those looking to purchase homes this spring: www.liberty-bank.com/personal/home-lending.
Established in 1825, Liberty Bank is Connecticut’s oldest bank, with more than $4.7 billion in assets and 55 banking offices throughout the central, eastern, and shoreline areas of the state. As a full-service financial institution, Liberty offers consumer and commercial banking, home mortgages, insurance, and investment services. Named as a “Top Workplace” by the Hartford Courant for six consecutive years, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement.
*All loans subject to credit and underwriting approval
Member FDIC Equal Housing Lending NMLS # 459028