NCEF Receives $12,000 from Jewett City Savings Bank for Endowed Scholarship
On Monday, November 17th, Jewett City Savings Bank President and CEO Michael Alberts and Executive Vice President Diana Rose invited the Northeast Connecticut Education Foundation (NCEF) to the bank’s Dayville branch to present a $12,000 donation. The funds will add to the JCSB endowed scholarship with the NCEF. This contribution demonstrates the confidence Jewett City Savings Bank has in the NCEF and their mission to provide scholarships and other financial support to local students who want to pursue higher education. JCSB President and CEO Mike Alberts noted, “Jewett City Savings Bank, a mutually-owned community savings bank, is rooted in the fabric of eastern Connecticut. We have a responsibility to support those organizations like the Northeast Connecticut Education Foundation that are likewise committed to improving the lives of our area residents.” The presentation included NCEF President Joseph Adiletta and Coordinator Sarah Wolfburg. President Adiletta shared his appreciation for the donation, “The NCEF is pleased to accept this significant donation from Jewett City Savings Bank. The bank has been a longtime supporter of the Foundation, both financially and with a commitment to volunteering with over 20 bank employees volunteering their time at the Tackle the Trail event in 2025. JCSB truly understands the value of education and demonstrates it by their ongoing support.” Scholarships endowed with the NCEF are available to local students through an annual application process that opens for a six-week period from February through mid-March. With over 100 individual awards ranging from $500 to $2,500, scholarships can be used for direct educational expenses including tuition, fees, books, course supplies, and technology. More details about scholarship amounts and criteria will be available at the NCEF website in February of 2026. Jewett City Savings Bank President/CEO Michael Alberts and Executive Vice President Diana Rose present a $12,000 check to Northeast Connecticut Education Foundation Coordinator Sarah Wolfburg and President Joseph Adiletta