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January 31, 2017

Bank donates $30K to Colonial Theatre restoration

Skowhegan Savings Bank will donate $30,000 toward the restoration of the historic Colonial Theatre in Augusta.

Colonial Theatre Inc.'s mission is to restore and operate the historic Colonial Theatre, which dates to 1912 and is in downtown Augusta,”for the artistic, educational and charitable benefit of its community,” which encompasses the Kennebec Valley.

"Skowhegan Savings is pleased to support the restoration and expansion of the Colonial Theatre," said Dan Tilton, senior vice president of customer relations for the bank. "When completed, we feel that the theatre will be a great asset to the community of Greater Augusta and we're proud to be able to be a part of that."

"We are very grateful for this gift from Skowhegan Savings and for their commitment to bringing this beautiful theater back to life," said Richard Parkhurst, co-chair of the capital campaign to restore the Colonial. "It is truly a gift to the community.”

Once opened, the Colonial Theatre will serve as a cultural venue for film, live performances, digital programming, space for community groups and corporate meetings, and for numerous other charitable events and educational purposes.

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