Corporate Releases

Thomaston Savings Bank joins Post University Partners In Education program to provide employees access to higher education

WATERBURY, CONN. (November 30, 2009) – As a new participant in Post University’s Partners in Education Program, Thomaston Savings Bank will be able to offer its employees access to quality undergraduate higher education at a reduced tuition rate.

Under the agreement, Post University will offer a tuition grant to employees of Thomaston Savings Bank who want to earn an associate’s or bachelor’s degree by enrolling in one of the university’s Accelerated Degree Programs.  Employees also will have the option of enrolling in a Post University master’s degree program. Thomaston Savings Bank offers employees partial tuition reimbursement, making the path to a degree even more affordable.                              

“At Thomaston Savings Bank, we have always looked for ways to improve the lives of our employees,” said Rebecca Kayfus, Vice President. “This program is just another way to provide employees with the education they want and need to improve their skills and advance their careers.”

Employees will have the option of taking courses at one of the university’s regional locations or completely online.  They can earn a master’s degree in as little as 14 months, and a bachelor’s degree in as little as 18 months.  Thomaston Savings Bank employees also will receive college credit for select corporate education and training courses, as well as for courses taken at other accredited colleges or universities.

“We are delighted that Thomaston Savings Bank has joined our growing Partners in Education program to provide their employees a flexible, convenient and affordable way to earn a college degree,” said Frank Mulgrew, president of Post University Online.  “We’ve had tremendous success with this program because it gives working adults the opportunity to not only earn a degree, but immediately improve their workforce skills.”

Established in 1874, Thomaston Savings Bank is a state chartered mutual savings bank dedicated to providing financial services of the highest quality and value to customers and businesses in the communities in which we do business. The cornerstone of Thomaston Savings Bank’s business philosophy is building long lasting relationships with their customers. Thomaston Savings Bank prides themselves on being a good corporate citizen, responding to the needs within the community and encouraging their employees to volunteer in improving the quality of life for their neighbors.

Founded in 1890, Post University is a student-focused, career-driven university.  Located in Waterbury, Conn., Post University provides a wide array of degree programs for on-campus and online students of all ages. It is known for its quality, career-driven academic programs, small classes, national award-winning student activities, and competitive NCAA Division II athletics. In 2009, it was voted “Best of Waterbury” by the U.S. Commerce Association, and its Online MBA Degree Program received the Connecticut Quality Improvement Award for Innovation Prize.  Also in 2009, it extended its commitment to serving members of the military by becoming a “Yellow Ribbon” University.  Its nearly 4,000 full- and part-time students come from the United States and abroad, and are supported by faculty whose mission is to prepare students to compete and succeed in today’s global workplace.  To learn more about Post University, visit or call 800-345-2562.