City of Binghamton Proclaims “Security Mutual Week”; Sock Out Cancer® Day Proclaimed In New York State
Binghamton Mayor Jared M. Kraham, alongside local leaders, proclaimed the week of June 3, 2024, “Security Mutual Week,” in the City of Binghamton. The proclamation recognizes the many ways Security Mutual Life has given back to its local community and beyond.
“Every year we come together for Security Mutual Week, celebrating the contributions of a foundational institution business here in Binghamton that’s been around since 1886, employs hundreds of people, helps drive what makes downtown Binghamton great, and what makes this community great. Security Mutual is not just an employer in our region, they are a driving force behind a lot of the good that we see in the community,” stated Binghamton Mayor, Jared M. Kraham.
In honor of Security Mutual Week, downtown Binghamton will be decorated with Security Mutual Life flags and hanging flower baskets, co-sponsored by Security Mutual Life, in an effort to help beautify the City.
“Security Mutual Week gives us a window of opportunity to highlight our involvement in the community and to make note that a single week is carved out to represent a full year of initiatives and activity. We are proud to serve this community and are looking to spread that service across the country, while always giving recognition to our hometown of Binghamton, New York,” said Kirk R. Gravely, President and Chief Executive Officer of Security Mutual Life.
Additionally, officials from the New York State Senate and New York State Assembly joined representatives from Sock Out Cancer® and Security Mutual Life in presenting resolutions proclaiming June 2, 2024, Sock Out Cancer Day in New York State. Sock Out Cancer Day coincides with National Cancer Survivors Day®. Sock Out Cancer also announced details surrounding its annual benefit concert, taking place Saturday, October 19, 2024, at the Broome County Forum Theatre.
“On behalf of Security Mutual Life and Sock Out Cancer, we thank our elected officials for the announcement that a unanimous Resolution was passed declaring June 2, 2024, as Sock Out Cancer Day in New York State. We again thank you for everything you are doing for us and the community,” said Bruce W. Boyea, Security Mutual Life Chair of the Board.
Founded in 2017, the mission of Sock Out Cancer is to assist financially distressed cancer patients and their families pay for non-medical necessities such as food, transportation, and housing, so that patients can focus their energy on fighting cancer. Since its inception, Sock Out Cancer has distributed $1.6 million to participating hospital foundations and other charitable organizations.
Founded in 1886, Security Mutual Life –– The Company That Cares® –– is one of the leading mutual life insurance companies in the United States. Security Mutual Life has been helping protect families and businesses during periods of prosperity, as well as during wars and times of economic uncertainty. The Company is recognized by leading life insurance analysts for its sound investment policies and performance. A.M. Best rates Security Mutual Life’s Financial Condition and Operating Performance Rating: A- (Excellent.) * Security Mutual Life is licensed in all 50 states, as well as the District of Columbia and the U.S. Virgin Islands.
* A.M. Best assigns their “A-” (Excellent) rating to companies, which have, on balance, excellent financial strength, operating performance, and market profile when compared to the standards they have established. A.M. Best feels these companies have an excellent ability to meet their ongoing obligations to policyholders. The “A-” rating is fourth highest on A.M. Best’s 16-step rating scale. A.M. Best rating is current as of the date of publication. Ratings reflect a rating agency’s opinion of a company’s financial strength and ability to meet its obligations to its policyholders. A rating is not a recommendation of a company or any specific policy form.
Sock Out Cancer® is a nonprofit initiative that aids financially distressed families so they can put all of their energy into fighting cancer. It is funded through donations, community-based fundraising efforts and the sale of its signature multi-colored socks, all of which also help raise public awareness of the financial challenges facing families fighting cancer. To learn more about Sock Out Cancer, please visit SockOutCancer.org and the Sock Out Cancer Facebook page. Sock Out Cancer®, LLC, is wholly owned by the Security Mutual Life Foundation, which is a New York 501(c)(3) public charity.