With support from Emigrant Savings Bank, Mayor Bloomberg ushered in the Year of the Dragon at celebratory reception

NEW YORK, Feb. 9, 2012 /PRNewswire/ -- Emigrant Savings Bank Chairman and CEO Howard P. Milstein joined New York City Mayor Michael Bloomberg last week at a reception celebrating the Lunar New Year 4710.

(Photo: http://photos.prnewswire.com/prnh/20120209/NY51015-a)

(Photo: http://photos.prnewswire.com/prnh/20120209/NY51015-b)

Emigrant Savings Bank was the primary financial supporter of the Mayor's event, which took place on January 30, 2012, at the historic Emigrant Industrial Savings Bank building on Chambers Street that was once the bank's headquarters. Mayor Bloomberg addressed attendees of the reception, who were then treated to a performance by the New York United Lion and Dragon Dance Troupe. Sun Guoxiang, New York Consul General for the People's Republic of China, also attended the event.

Included in the event were many Chinese-American Emigrant banking customers from throughout the area.

Mayor Bloomberg and Mr. Milstein painted the eyes of the dragon used in the performance, a tradition that signifies bringing the dragon to life at the start of the New Year.

"We were honored to sponsor an event celebrating so important a holiday for the Asian-American community," Mr. Milstein said. "For more than 160 years, Emigrant has served immigrant populations in New York City, and we continue to find innovative ways to build bridges with the Chinese community, both in America and abroad."

The Lunar New Year is a tradition steeped in ritual and lore, and is the most important annual celebration for Chinese, Vietnamese and Korean Americans. Derived from Chinese astrology, the moon's lunar cycle begins in a different sign every year, each of which is denoted by an animal. Each lunar animal recurs every twelfth year. The Dragon, a symbol of opulence, power and innovation, marks this year's Lunar Cycle bringing with it a very welcomed positive and ambitious energy.

About Emigrant Bank

Founded in 1850 to serve the financial need of a growing America and a dynamic emigrant population, Emigrant Bank has served generations of new Americans who came to America to seek a better way of life for themselves and their families.  In keeping with Emigrant's core mission, the bank's branch-based giving was built upon a similar foundation of helping to sustain and improve the communities where Emigrant provides retail-banking services.

Emigrant's branch-based contribution program supports local community initiatives that sustain and enhance the vibrancy of the neighborhoods Emigrant calls home. The bank's regional focus allows it to identify needs where financial support can build on the successes of non-profit organizations. At each of Emigrant's regional banks, consideration is provided for contribution requests addressing five primary issues: education/youth initiatives, health/social services, cultural programs, faith-based programs, and community development.

 

SOURCE Emigrant Savings Bank

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