Claremont Savings Bank Presents $3 Million Check to the City of Claremont by EON

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									Claremont Savings Bank Presents $3 Million
Check to the City of Claremont
Generous Contribution adds vitality to downtown Claremont

Allows City to Build a New Community Recreation Center

December 15, 2011 10:01 AM Eastern Time 

CLAREMONT, N.H.--(EON: Enhanced Online News)--Claremont Savings Bank (CSB) is pleased to announce
that it has awarded a check for $3 million to the City of Claremont to help kick-off the development of a new
50,000-square-foot Community Recreation Center in Claremont.

“We’re so thrilled that we were able to support this tremendous initiative which benefits the community we have lived
and worked in for over 100 years,” said Sherwood Moody, President and CEO of Claremont Savings Bank.

After trying to salvage the current community center facilities which are approaching 70 years old, the City of
Claremont and the Claremont Parks and Recreation Department were faced with a tough decision – keep the
deteriorating facilities open or begin mapping out a plan, and rally community support, to build a new one.

Although various sites around the community were considered for the new facility, Claremont Savings Bank again
stepped in and donated a tract of land a few blocks away from their Broad Street location.

The new location lies in the heart of a complex that includes the middle school, the New Hampshire Community
Technical College Claremont, Arrowhead Ski recreational area, Monadnock Park which contains the area’s track,
soccer, and baseball fields, and the rail trail that connects the walking, bicycling, ATV and snow mobile trails
throughout the City and the neighboring communities. The High School is located next door, so the new recreation
center will also be the new hub of the school’s recreational activities.

“A contribution from an institution like what we received from Claremont Savings Bank is unheard of with a project
such as ours,” said Scott Hausler, Claremont Parks and Recreation Director. “Contributions at this level are usually
seen in large metropolitan communities. This just goes to show what an investment CSB was willing to make in its
own community.” 

Through the donation, the $9 million project, expected to open at the end of 2012, will include a larger pool, with a
smaller therapeutic pool, two separate sports courts (volleyball, basketball, etc.), elevated walking/jogging track,
cardio fitness area, multi-function community room or class room, portable seating for large functions, teen room,
locker rooms and family changing areas. The new center would replace the Goodwin Community Center, the indoor
pool and the Zotto gym.

“This is a huge win for the entire community,” said Guy Santagate, City Manager of the City of Claremont. “It will
change the face of Claremont in a way we couldn’t envision a few years ago, and it’s in large part, thanks to the
generation donations from CSB that this project was even possible.” 

About Claremont Saving Bank

Founded in 1907, Claremont Savings Bank is headquartered in Claremont with offices in Charlestown and Cornish.
The bank offers a wide range of banking and financial products and services to individuals, businesses, and
organizations. Bank assets total an excess of $324 million. Claremont Savings Bank is an equal housing lender, and
member of the FDIC. For more information, visit www.claremontsavings.com.

Contacts
Griffin York & Krause
on behalf of Claremont Savings Bank
Liz Steinhardt Pollock, 603-625-5713
Public Relations Manager
liz@GYKmarketing.com

Release Tags
   l   Check Presentation
   l   Claremont
   l   Claremont Savings Bank
   l   Community Recreation Center

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Left to right, Scott Hausler, Claremont Parks and Recreation Director; Guy A. Santagate, City Manager of the City
of Claremont; Sherwood Moody, President and CEO, Claremont Savings Bank; Joseph J. Gorman Jr., Chairman of
the Claremont Savings Bank Board of Trustees, and Deborah L. Cutts, Mayor of the City of Claremont, pose with a
check for $3 million from Claremont Savings Bank that will help aid with the development of a new 50,000-square-
foot Community Recreation Center in Claremont. (Photo: Business Wire)

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Release Summary
Claremont Savings Bank today announced that it has awarded a check for $3 million to the City of Claremont to
help begin the development of a new Community Recreation Center in Claremont.

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