Collaborative program introduces business students to the world of arts and nonprofits
MONTGOMERY, N.Y. (October 3, 2017) – A new group of Mount Saint Mary College students were welcomed into the Walden Savings Bank Medici Program at a reception held September 20. The students were the third group inducted into the prestigious program since its inception in 2015.
The Walden Savings Bank Medici Program is a collaborative program that introduces undergraduate business and accounting students to the world of nonprofits in the arts and social services. At the reception, held at Walden Savings Bank’s headquarters in Montgomery, the students were introduced to leaders of the two nonprofit organizations taking part in this year’s program, Abilities First and the Greater Newburgh Symphony Orchestra.
The competitive program is available to eight undergraduate business or accounting students each year. At the conclusion of the annual program, students will deliver a presentation to Walden Savings Bank’s leadership and board of directors. The presentation will review the students’ experiences, including what they learned and how they hope to apply it to their careers following graduation.
Walden Savings Bank’s endowed gift will allow Mount Saint Mary College to meet the financial needs of the program, including transportation and meeting costs as well as expenses incurred from program-related events on campus.
“At Mount Saint Mary College, we are committed to educating the whole person, and we strive to graduate students who possess effective leadership skills and embrace civic responsibility,” said Dr. David A. Kennett, Interim President of Mount Saint Mary College. “We are proud to collaborate with Walden Savings Bank, Abilities First, Inc. and the Greater Newburgh Symphony Orchestra to mentor and encourage our students.”
“On behalf of Walden Savings Bank, I wish the best of luck to these bright students,” said Walden Savings Bank President and CEO, Derrik R. Wynkoop. “The Medici Program not only provides valuable experience to students, but also delivers needed support to nonprofit organizations in our community. We are thrilled to play a role in this important initiative.”
About Mount Saint Mary College
Located 60 miles north of New York City, Mount Saint Mary College is ranked a Top-Tier Regional University by U.S. News & World Report, and offers bachelor’s and master’s degree programs preparing students for careers in healthcare, business, education, social services, communication/media, and more. To learn more, visit www.msmc.edu.
About Walden Savings Bank
Walden Savings Bank, established in 1872, is the 11th oldest federally chartered mutual savings bank headquartered in Montgomery, New York. With a total of 11 full-service branches serving Orange and Ulster Counties, the Bank’s progressive style of community banking provides products that cater to both the individual and the growing mid-size business. In addition, Walden Investment Services, located at Walden Savings Bank, offers personalized advice for financial planning. To learn more about the Bank and its products and services, visit their website at www.waldensavings.bank