Almost any college student would find scholarhip money beneficial. That's why Beneficial bank is marking the opening of its new Springfield branch on Baltimore Pike with a $500 donation to the Springfield Area Education Foundation.
Foundation Board member Donald Mooney accepted the donation on behalf of the foundation Thursday evening at a ceremonial ribbon cutting and reception for the new branch, which bank officials call a campus. Beneficial President Gerry Cuddy tells Patch the donation is in keeping with the theme of educating the public about personal finances.
Mooney says the money will be put toward the foundation's scholarship fund which gives more than $45,000 to graduating Springfield High School students to help with the cost of their college educations.