East Boston Savings Bank’s President and CEO, Richard Gavegnano invited seventh-grader, Ashley Reardon to the bank’s Peabody Headquarters where he presented her with a community scholarship of $1,000 for retrieving an American flag she found entangled high in a tree. Reardon, a Saugus resident and seventh-grader at St. Mary’s School in Melrose, noticed the American flag in a tree while riding in the car with her mother after a snowstorm. She knew that it was wrong for the flag to be tangled in the tree instead of on the flag pole showing the highest honor of respect.
When asked, “What does the flag symbolize to you”? Ashley responded, “There are people out there in the Army and in the Navy risking their lives every single day for us, our country, so we can sleep safely at night knowing that we are safe and sound. We take it so much for granted; I feel like we need to show how thankful we are and it really shows respect for our country and flag and for those who have fought and died; and put their lives on the line everyday.”
“I am always impressed to see the younger generation support the troops and show their patriotism. After seeing Ashley on the news for climbing a tree to retrieve the American flag made me want to meet her and present her with a special scholarship,” said Gavegnano.
To watch Ashley’s full interview with Fox News, click here: https://youtu.be/vvqBgC2VVx4.
Founded in 1848, EBSB is a proven community bank that offers products and services that meet the deposit and financing needs of both consumers and businesses. East Boston Savings Bank currently operates 35 full-service branches and operates a mobile banking unit in the greater Boston metropolitan area and offers a variety of deposit and loan products to individuals and businesses located in its primary market, which consists of Essex, Middlesex, Norfolk and Suffolk counties.