First $30K supports virtual programming amidst the COVID-19 pandemic
MANCHESTER, NH (February 19, 2021) — St. Mary’s Bank, a long-time supporter of The Palace Theatre, along with St. Mary’s Bank Charitable Foundation, recently made a three-year, $180,000 commitment to become the Theatre’s new performing arts series sponsor.
The credit union’s initial gift of $30,000, made at the end of 2020, supports the Palace’s line-up of virtual shows that are now streaming as the theatre takes an intermission. The balance of St. Mary’s gift will be used for the reopening of its Professional Performing Arts Series.
“St. Mary’s Bank has been a generous Palace Theatre donor and advocate for many years,” said Peter Ramsey, Palace Theatre President and CEO “Their sponsorship enables us to continue producing entertainment and educational programs for patrons of all ages. We are very grateful to have St. Mary’s support at this critical time.”
“The Palace Theatre has been part of the Manchester community for over a century,” said Ron Covey, St. Mary’s Bank President and CEO. “They have a long legacy of meeting the cultural and entertainment needs of our city and creating a more vibrant community. We are pleased to have this opportunity to help sustain the mission of such a historic and community-focused institution.
Pictured: Peter Ramsey, Palace Theatre President & CEO (left), and Ron Covey, St. Mary's Bank President & CEO (right)
About The Palace Theatre
Built in 1914, the Palace Theatre is listed on the National Register of Historic Places. The Palace Theatre is a nonprofit performing arts center that hosts its own professional company, youth and teen programs, and presenting acts. It is committed to achieving its mission through preserving the historic facilities of the theatre, responding creatively to the cultural and entertainment needs of the community, and governing in a fiscally responsible and strategic manner.
About St. Mary’s Bank
St. Mary’s Bank is a full-service, not-for-profit financial cooperative with branch locations in Manchester, Hudson, Londonderry, Milford, and Nashua and dedicated mortgage centers in Nashua, Concord, and Portsmouth. Founded as the nation’s first credit union in Manchester in 1908 and still headquartered there today, St. Mary’s Bank emphasizes a long tradition of service excellence, convenience, and value in its delivery of progressive banking products and services that help members save, invest, borrow, plan, insure, and retire.