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Richard O'Neil
Everett Bank CEO Richard O'Neil addresses the School Committee on Tuesday, April 16.

A Co-Operative Effort

Everett Bank CEO Richard O’Neil Addresses School Committee


Thanks to a generous donation from Everett Bank, Everett High School’s STEM racing team will travel to Texas A&M University later this month to compete in the Ten80 Education Student Racing Challenge (SRC) National Finals.

The donation, which covers the complete cost of the trip, was officially accepted by the Everett School Committee on Tuesday, April 16. At the outset of the meeting, Everett Bank CEO Richard O’Neil delivered an impassioned address affirming the bank leadership’s commitment to the Everett Public Schools and the community as a whole.

O'Neil and Barrett
Everett Bank CEO Richard O’Neil and EHS Vice Principal Christopher Barrett.

The SRC is the flagship series in the National STEM League (NSL). Through it, students own a motorsports business featuring a remote-control car. The ultimate goal is to engineer performance — personal performance, team performance and race performance. Teams with the fastest, most stable and fuel-efficient car will win races. However, race points are only one-third of a team’s total. Like professional race teams, SRC teams must also have a strong research and development focus (Data-Driven Design and MODS), marketing strategy and work toward becoming leaders in their communities. Everett’s team is called “Crimson Bolt,” and in recent years the team has done very well in competitive settings, both regionally and nationally.

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