FIRST SAVINGS CHARITABLE FOUNDATION MAKES GIFT TO JUNIOR ACHIEVEMENT

01.08.2010

Above:  First Savings Charitable Foundation Board Members and students look on as the Major of JA BizTown gives the Key to the City to President and CEO, Larry Myers.

First Savings Charitable Foundation recently presented Junior Achievement of Kentuckiana, Inc. with a donation of $15,000. The contribution will be used to fund participation by southern Indiana students in Junior Achievement’s Exchange City and Biztown. It is anticipated that more than 350 southern Indiana students will be able to participate in the program as a result of this contribution.

First Savings Charitable Foundation was formed in October, 2008, coinciding with the conversion of First Savings Bank to a stock organization. The Foundation focuses on three primary areas: Education, Economic Development and Community Vitality.

The focus on Education can be further defined as skills development to include job entry skills for the new economy workers and the retraining of unemployed or underemployed workers. For pre-K through grade 12 the focus will be on math, science and technology programs. Higher education will focus on scholarships and programs for business, finance and management. Under Economic Development, the Foundation supports programs that promote job growth in the community along with providing resources to attract new businesses and cultivate the expansion of existing commerce. Community Vitality will address issues involving health and human services, the arts, public safety and community leadership development.

First Savings Charitable Foundation funds only 501(c) (3) organizations and those with “public charity” status or its equivalent. There will be no funding to political groups, fraternal organizations, sectarian or religious activities, family foundations or individuals. The Foundation does not provide funding for operational expenses. The target area is made up of those communities in which First Savings Bank and its related entities operate.

First Savings Financial Group is the holding company for First Savings Bank, F.S.B. and Community First Bank. First Savings Bank, F.S.B. is a federally-chartered savings bank headquartered in Clarksville, Indiana, offering financial services within its local communities through its main office and six branch offices located in Clarksville, Jeffersonville, Charlestown, Sellersburg, Floyds Knobs and Georgetown, Indiana. Community First Bank operates seven offices in the Indiana communities of Corydon, English, Leavenworth, Marengo, Milltown and Salem. Due to its strong financial position, First Savings Bank has not accepted any federal TARP funds authorized under the recent financial bailout program.

For more information, visit www.fsbbank.net/asp/community.asp