OTIS Federal Credit Union Contributes $1,000 to Canton Bicentennial Celebration
For Immediate Release
November 4, 2020
OTIS Federal Credit Union Contributes $1,000 to Canton Bicentennial Celebration
JAY, Maine – OTIS Federal Credit Union will serve as a Pewter Sponsor of the upcoming Town of Canton Bicentennial Celebration, having recently contributed $1,000 to the Bicentennial Committee. These funds will be used to put on two celebrations in 2021: a Gala Celebration on February 5th, to feature a dance party, a sit-down dinner, and dancing; and a Summer Celebration on August 5th through 8th, an admission-free four-day event throughout the town featuring a Founder’s Dinner, a parade, historical displays, fireworks, a street dance, a band performance, raft races, and much more.
The Town of Canton Bicentennial Committee was formed at the request of the Town’s Selectmen and first convened on September 20, 2016. Its seven members meet twice weekly and have held numerous fundraisers to date, including four annual February dance parties marking the anniversary of the town’s incorporation, and two summer Margarita Parties.
In addition to their fundraising efforts, the Committee has reached out to many Canton-based businesses, as well as to businesses which serve the Canton community, with opportunities to sponsor the Bicentennial Celebration. The Committee hopes to raise a total of $15,000 as a result of these sponsorships.
“We are honored to serve as a sponsor of Canton’s upcoming Bicentennial Celebration,” said Sarah Hayes, Director of Marketing and Communications at OTIS FCU. “An incredible amount of hard work, time, and care has been devoted to planning these upcoming events. We are thrilled to be able to support these efforts, and look forward to 2021’s commemoration of a very special community.”
First incorporated as a part of the town of Jay in 1795, the town of Canton was itself separately incorporated on February 5th, 1821 by the State of Maine Legislature. It is located in Oxford County, and had a population of 990 as of the 2010 US Census.
Media Inquiries
Please direct all media inquiries to Sarah Hayes, Director of Marketing and Communications, at (207) 320-4985, or email SarahH@otisfcu.coop
About OTIS Federal Credit Union
OTIS Federal Credit Union was founded in April of 1954 by eleven local mill workers. Pooling their respective deposits of $5 each, they associated themselves as charter members of OTIS under the provision of the Federal Credit Union Act. At a time in America when obtaining a loan was difficult for the average family, the founders of OTIS sought to form a cooperative, independent financial institution operated and controlled solely by its local membership.
Since its inception, OTIS has been committed not only to providing quality financial products and services to its shareholders, but to giving back to the community. Today, OTIS is a full-service financial center offering real estate, auto, and personal lending; online and mobile banking; a variety of checking, savings, and investment accounts; VISA debit and credit cards; financial planning; and much more. OTIS serves more than 11,000 members and holds over $199 million in assets, employing 31 people from Jay and the surrounding area. The credit union is located at 170 Main Street in Jay, Maine. For more information, please visit www.otisfcu.coop or call (207) 897-0900.
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