Investors Bank Grants $100K to Stony Brook Hospital During Pandemic

Investors Bank Grants $100K to Stony Brook Hospital During Pandemic

Investors Bank on Route 25A in Setauket. Photo by Rita J. Egan

Investors Bank donated $100,000 to Stony Brook University Hospital to aid during the height of the COVID-19 crisis.

Investors, which recently completed the acquisition of Gold Coast Bancorp, granted Stony Brook the funds in April through the bank’s charitable foundation to the university hospital’s foundation. 

“We want Stony Brook to use this grant to fight this pandemic and provide assistance to the real heroes – those doctors, nurses, and administrators on the front line,” Investors Bank Chairman and CEO Kevin Cummings said in a statement. “They are doing a fantastic job under unimaginable circumstances and we want to support them any way we can.”

The original impetus for the grant came from John Tsunis, the former Gold Coast Chairman and CEO and current Chairman of Investors Bank Long Island Advisory Board. He said he was grateful Investors “is continuing that partnership and that its core values echo what the Long Island communities have come to expect from Gold Coast.”

Since the start of the ongoing pandemic, Stony Brook University Hospital has seen support from many sides, from donations such as this to average citizens and local businesses donating hospital supplies and food to beleaguered health care staff.

“Words cannot describe how grateful we are to receive this grant,” said Carol Gomes, the CEO of Stony Brook University Hospital. “We could not get through this without the community doing everything humanly possible to assist. On behalf of everyone, we so greatly appreciate your support, kindness and generosity. It will be put to very good use.”