Financial Services

Pittsfield Cooperative Bank Supports Resilience Fund for Farmers

Berkshire Agricultural Ventures (BAV) announced it has been awarded a $5,000 grant from Pittsfield Cooperative Bank to support its Resilience Fund for Farmers. This new fund was established in response to the COVID-19 crisis and the resulting impact on local farmers, who are hurting right now as stores, restaurants, and other income-generating avenues like farmers’…

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Big Y, Antonacci Family Foundation, aid Food Bank of Western Massachusetts, as coronavirus pandemic makes it tough for families to keep food on the table

The Food Bank of Western Massachusetts received more than $250,000 through the Antonacci Family Foundation and its Millions of Meals Initiative. The Food Bank and the foundation headed up by Frank M. Antonacci, COO of USA Waste & Recycling, announced the donation Wednesday. Big Y Foods also announced that it is donating an additional $125,000…

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New Valley bank announces street-level downtown Springfield branch

New Valley Bank & Trust Co. celebrated its one-year anniversary Friday by announcing its plans for a street-level branch office in Monarch Place downtown. It will relocate from the ninth floor of the office tower to the lobby in an expanded 6,000-square-foot bank branch and headquarters. Read the source article at masslive.com

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Rising Food Insecurity Prompts Big Y to Make Second Round of Donations

With regional food banks experiencing unprecedented demand, Big Y is providing an additional $125,000 in support to address the rise in food insecurity. With the donations made in March, Big Y has provided $250,000 in financial assistance to area food banks in addition to the healthy surplus food it provides to them on a weekly…

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Monson Savings Bank Delays Branch Reopenings

Although several governments are allowing some businesses to reopen, leaders at Monson Savings Bank feel it is important to keep their employees and customers safe, so, for the health and safety of everyone, the bank’s lobbies will remain closed. Monson Savings Bank will continue to meet the needs of customers with drive-up locations, ATMs, online…

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After slow start, Florence Bank says partner Kabbage is processing 500-600 Paycheck Protection Program coronavirus relief loans

Florence Bank prides itself on being a local bank with local decision makers and personal service. But to handle Paycheck Protection Program loans through the U.S. Small Business Administration as quickly as possible, it outsourced work to online processor Kabbage, said Florence Bank President Kevin R. Day. But Kabbage got a slow start, missing out…

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Westfield Bank Future Fund Awarded More Than $300,000 in Grants in 2019

Westfield Bank announced that the Future Fund, a philanthropic endeavor dedicated to supporting local 501(c)(3) organizations that have a positive impact on the region’s educational, recreational, cultural, and social well-being, awarded more than $300,000 to more than 40 organizations in Western Mass. and Northern Conn. in 2019. Grant recipients included the Boys & Girls Club…

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Coronavirus: $125K from Antonacci Family Foundation launches Millions of Meals drive at Food Bank of Western Mass.

The Antonacci Family Foundation has donated $125,000 to launch the Millions of Meals food drive with the Food Bank of Western Massachusetts during the COVID-19 pandemic. The $125,000 donation was announced by representatives of the foundation and the Food Bank at Trinity United Methodist Church on Sumner Avenue on Tuesday morning. Read the source article…

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From doggy daycare to handyman companies, Citizens Banks issues $15,000 grants to 32 small businesses in Massachusetts

Thirty-two small businesses across Massachusetts will receive $15,000 grants from Citizens Bank, which announced the funding Thursday. As part of its Small Business Recovery grant program the funding can be used for operating costs amid the coronavirus pandemic. The businesses range from restaurants in Boston, transportation companies in Springfield, doggy daycare in Saugus and plumbing…

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