Liberty Bank Makes $1 Million Gift To Start Community Fund In Memory Of Former Board Chair

MIDDLETOWN, CT — Middletown-based Liberty Bank has announced that it has made a gift of $1 million to the Community Foundation of Middlesex County, Inc. to establish the Mark Gingras Liberty Bank Community Fund in memory of Mark R. Gingras, a longtime Board Chairman and Wallingford resident, who passed way unexpectedly in March 2024.

Prior to his passing, Gingras was the owner and operator of G&G Distributors. He
had served on the Liberty Bank Board of Directors since 2001 and became board chairman in
2007.

The new fund was created through a gift from Liberty Bank to honor Gingras' "generous
community-minded spirit, and it will help advance charitable initiatives, particularly those
that positively impact education and children and families," bank officials said.

While Liberty Bank made the gift of $1 million to establish the fund, the Mark Gingras
Liberty Bank Community Fund will be managed by the Community Foundation of
Middlesex County, Inc.

"Team Liberty greatly appreciated the time, talent and ‘Be Community Kind’ spirit Mark
shared with us over the years. He was part of the fabric of our organization for more
than two decades, helped set the course for our bank and is one of the reasons why
Liberty remains a mutual bank today,” Liberty Bank President and CEO David W. Glidden said. "This $1 million gift from Liberty Bank enables us to honor an admired businessman, respected leader and
generous community partner by ensuring we continue to help others in his memory."

Added Cynthia Clegg, the president and CEO of the community foundation, "It’s our honor to manage this fund in memory of a kind and loyal leader – one who made a tremendous impact on Middlesex County. Mark Gingras will continue to make a difference for
many years to come."

In addition to Gingras’ involvement with Liberty Bank, he also served on several local
boards and commissions in his hometown of Wallingford. He was awarded the highest
honor a local Rotarian can receive from Rotary International – the Paul Harris Fellow.

"This fund is truly a gift that will keep on giving,” Christine Gingras said. "My husband was devoted to his family, but also to the Liberty Bank team and his community, and we will continue to help others in his memory."