Israel Bonds Maryland has been collaborating with Hopkins Federal Savings Bank for a decade, supporting the tradition of equally matching all Israel bonds investments by the community during the High Holidays. The acquisition of Hopkins Federal Savings Bank by Bay Bank earlier this year left some people uncertain about whether this support would continue. However, Bay Bank has confirmed that this partnership will not be impacted. The High Holidays match will continue this year.
Along with their other partners, The Associated: Jewish Community Federation of Baltimore, the Haron Dahan Foundation and the Sandra R. & Malcolm C. Berman Charitable Foundation, Israel Bonds has successfully raised more $75 million of investments for Israel in the past decade with this program.
“Having Bay Bank as a matching partner continues the program started by Hopkins Federal Savings Bank and strengthens the bond between the Baltimore community and Israel,” said Alan Dorenfeld, Israel Bonds’ executive director in Maryland, in a news release.
“We are proud to continue Hopkins Federal Savings Bank’s 10-year tradition,” said the CEO of Bay Bank, Joseph J. Thomas, in a prepared statement.
The news release also states: “An Israel bond investment declares appreciation for the ideals and values of the State of Israel — democracy, diversity and putting human creativity and ingenuity to work to make the world a cleaner, safer, healthier, better place.”