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22 May 2007
Butterfield Bank helps Bermuda’s seniors live healthy and productive lives throughout their aging years

Butterfield Bank has donated $25,000 to Age Concern to help build an ‘Aging Information Network’. 

 

Patrice Horner, Chairperson of Age Concern Bermuda said making more information accessible to local seniors was important because the aged population now formed 11 percent of the Island’s population – a sector that had grown 25% over the last ten year period.

 

 “Age Concern imagines a day when through collaboration and coordination, all seniors in Bermuda, regardless of economic status, can obtain information and access the services they need in order to live a healthy and productive life throughout their aging years,” Ms. Horner said. “Age Concern Bermuda has a strong history of acting as a leader, an advocate and a partner for the benefit of Bermuda’s seniors and their families.”

 

“Now that the transition to becoming an independent non-profit agency is complete, Age Concern is ready to move ahead with its plans to develop the Aging Information Network – a model for mobilising a country to meet the needs of its older people through the coordinated efforts of Government, business and nonprofit service providers.”

 

While Ms. Horner conceded that some local services for seniors already existed in Bermuda, numerous studies conducted here over the past two decades had echoed the need for coordination, information and education programmes to meet seniors’ needs.

 

“These conclusions were most recently affirmed in the 2004 study ‘Aging in Bermuda’ by Fordham University, in which fragmentation of services was cited as a primary barrier,” Ms. Horner said.

 

Paget Wharton, Vice Chairperson of Age Concern Bermuda said since the release of Fordham University’s study, the charity had been working to prioritise and address specific coordination, information and education gaps with a five-year business plan provided by Boston-based ‘Action Tank’ Root Cause Institute.

 

Claudette Fleming, Age Concern’s Executive Director said in order to prepare for this opportunity, in the past year Age Concern had moved into new office space, hired key positions in the organisation and signed a memorandum of understanding to work together with the National Office of Seniors – formed in 2003.

 

“In addition, Age Concern has already published a directory of service providers that is available to the public in both print and web formats,” Mrs. Fleming stated. “The proposed business plan will use elements of these projects as well as any other work that has or is being developed when appropriate, to avoid recreating work that has already been done and ensure that all of the work is integrated seamlessly into a sustainable strategy for the organisation.”

 

Brian Hofland, Ph.D., Director of the Ageing Programme of the Atlantic said, “For 25 years, Age Concern’s mission has been to create better conditions for older persons in Bermuda. Today, they are the only membership organisation whose sole mission is to meet the needs of Bermuda’s older citizens. They are the right organisation at the right time to make this happen.”

 

Alan Thompson, Butterfield Bank President & Chief Executive Officer said Butterfield Bank was glad to have been able to assist Age Concern with a $25,000 donation.

 

“Butterfield Bank is proud to assist Age Concern with its vital work in the community,” Mr. Thompson said. “Charitable giving is part of the focus on community that is at the heart of the culture of Butterfield Bank.”

 

Note to Editors:

 

Butterfield Bank is Bermuda’s first and largest independent bank, and a specialist provider of offshore financial services. The Butterfield Bank Group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the Group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Switzerland and the United Kingdom. The Group provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, Canada, the Cayman Islands and Guernsey, which include investment and pension fund administration, asset management and corporate trust services.  Butterfield Bank is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges. Further details on Butterfield Bank can be obtained from our website at: www.butterfieldbank.com.


Media Relations Contact:   

 

Stuart Roberts  
Senior Communications Specialist
The Bank of N.T. Butterfield & Son Limited
Phone: (441) 298-4610
Fax: (441) 295-3878

E-mail: stuartroberts@bntb.bm

www.butterfieldbank.com

 

 

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 Content Editor ‭[3]‬

 
 

 Content Editor ‭[2]‬