Annisquam Gloucester, scenic view of board walk to lighthouse with ocean view and sunset in the background.

Community Involvement

Rooted in Community. Focused on People. 

Our community is the foundation of our business, and every year we commit to doing everything we can to help it thrive. From local events and volunteer efforts to scholarships and nonprofit partnerships, we're proud to support the people and organizations that make our communities stronger.

 

Supporting Education

BankGloucester believes in service to the community and supports students who exemplify this principle. Each year, we award $12,500 in scholarships to five high school graduates; each receiving $2,500 in recognition of their hard work, educational achievements, and community service. For more information and to apply for our scholarship program, students in their senior year should contact their guidance department to learn how to apply.

As part of our community initiative to make financial education more accessible to our neighbors, we have also partnered with Banzai, a financial education platform that is available to local schools free of charge. Banzai offers intuitive and engaging ways to learn about a variety of financial topics including budgeting, college preparation, and even the process of buying a home.


Check out our News and Events page to stay updated on all our Community activities.

In 2008, we established “Banking for the Community.” The event, which runs each year throughout September, invites residents of Cape Ann, Ipswich, and surrounding communities to vote for their favorite local businesses and organizations. At the end of the month, votes are tallied, and prizes are awarded based on number of votes received.

 
2025 BFTC Winners2025 Banking for the Community big group photo of all nominees in the BankGloucester lobby.

Each year, BankGloucester awards five $2,500 scholarships to graduating seniors to graduating seniors who demonstrate academic achievement, leadership, and community service.from:

  • Gloucester High School
  • Rockport High School
  • Manchester-Essex Regional High School
  • Ipswich High School
  • Essex North Shore Agricultural & Technical School

Students should contact their guidance department for application information.

BankGloucester President Patrick Thorpe and Vice President Amy Mitchell presenting the 2026 graduates with their scholarships in the BankGloucester lobby.

As part of our community initiative to make financial education more accessible to our neighbors, we have partnered with Gloucester and Ipswich Public Schools to teach teens the foundations of money management. We also offer Banzai, a financial education platform that is available to local schools free of charge. Banzai offers intuitive and engaging ways to learn about a variety of financial topics including budgeting, college preparation, and even the process of buying a home.

Gloucester branch manager Britney Tarantino performing presentation at local Gloucester High School about how to write checks. Photo of Britney and young male student both smiling as she presents.

We proudly sponsor over 100 programs, events, and initiatives each year that enrich life the lives of our Cape Ann neighbors and beyond.
 
Team BankGloucester at local Cape Ann Lanes for Candlepins for a Cause to compete in friendly bowling event.







business meeting in a coffee shop between business man coffee shop owner
Commercial Loans

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