Many regional banks have combined an initiative to improve voter registration and participation from the U.S.
Cambridge Savings Bank, Cambridge Trust Co. and Eastern Bank are one of the companies engaging in “A Day for Democracy,” that a coalition launched this week by CEOs and leaders of companies in finance, property and building, venture funds, greater education, entertainment, hospitality and health, and other sectors.
The non-partisan initiative asks companies across the U.S. to commit to activities that will give workers time off to vote to take part in voter registration initiatives.
The coalition Was Made by Peter Palandjian, chairman and CEO of Boston-based Intercontinental Real Estate Corp.
“There is no more important or patriotic act than voting,” Palandjian stated in a statement. “I’ve always been troubled by routine low turnout in U.S. elections and wanted to find a way to have a positive effect on increasing voter participation. As a CEO, I recognize that I can help by removing barriers for my own employees and encouraging others to do the same. We can all do better, and this non-partisan effort is an important first step.”
The coalition said in a statement the U.S. has among the lowest voter participation rates of any democracy in the world, with less than 56 percentage of the U.S. voting age population casting ballots in the last presidential elections. Contrary to the U.S., many other democracies hold elections .
Joining Palandjian at “A Day for Democracy” are Ronald O’Hanley, chairman and CEO of Condition Street Corp.; Miceal Chamberlain, Bank of America’s Massachusetts Market President; and even much more than 90 other firms representing 300,000 workers.
Other participants include the Massachusetts Bankers Association, The Davis Cos., Bulfinch Cos., the Greater Boston Chamber of Commerce and Suffolk Construction.