Quantcast

Unity Bank Provides $3.5 Million Loan For Township Church

StThomasChurchRendering

An artist’s rendering of the St. Thomas Syro-Malabar Catholic Church on Elizabeth Avenue. The church recently received a $3.5 million construction loan from Unity Bank.

St. Thomas Syro-Malabar Catholic Church of Franklin Township has received a $3.5 million loan and a $5,000 donation toward construction of its new church on Elizabeth Avenue.

The 10-acre site, currently under construction, will feature an 11,000-square-foot church, a 10,000-square-foot fellowship hall, meeting rooms and a kitchen, according to a press release about the loan.

In addition to the loan for the $6 million project, the Clinton-based bank has also donated $5,000 to the church’s “Brick-by-Brick” fundraising campaign.

“Unity Bank is committed to supporting the communities we serve and St. Thomas is growing by leaps and bounds,”  Unity Bank President & CEO James A. Hughes said in the release. “It’s very rewarding to be able to partner with a parish creating a facility that will benefit the community for many years to come. Supporting the fundraising effort is the least we could do and I am confident many other local businesses will join in the Brick-by-Brick campaign.”

The Syro-Malabar Church is an Apostolic Church based in India. St. Thomas was founded in 2000 in Milltown before renting a space in East Millstone in 2004 and moving to Livingston Avenue in 2006.

“Our church started as a mission of 15 families in 2000 and we now have approximately 500 parishioners,” St. Thomas Trustee Tom Perumpail said in the release. “The new church is a dream come true for our parish family and we are so thankful to Unity Bank for making this vision of the future a reality. Every single person we have worked with at Unity Bank has been focused on meeting our goals.”

Your Thoughts

comments

Please Support Independent Journalism In Franklin Township!

No other media outlet covering Franklin Township brings you the depth of information presented by the Franklin Reporter & Advocate. Period. We are the only truly independent media serving the Eight Villages.

But we can only do that with your support. Please consider a yearly subscription to our online news site; at $37 a year, it’s one of the best investments you can make in our community.

To subscribe, please click here.

Other News From The Eight Villages …

Sign Up For The Morning Report!