Financial Services
New Valley Bank & Trust to Cut Ribbon on West Springfield Branch on Oct. 7
New Valley Bank & Trust will cut the ribbon on its newest full-service branch at 333 Elm St., West Springfield, on Friday, Oct. 7 at 11:30 a.m. Joining the bank’s board chair, Frank Fitzgerald, will be West Springfield Mayor Will Reichelt, state Sen. John Velis, and state Rep. Michael Finn. Refreshments will be served featuring…
Read MoreCountry Bank Earmarks $10 Million to Support Affordable Housing
Country Bank has introduced a new affordable-housing program featuring no down payment for first-time homebuyers. The first-of-its-kind program will assist low- to moderate-income families in purchasing a home. Country Bank has pledged $10 million to the program to help make a difference for these first-time homebuyers. This program is designed to help those who need…
Read MoreFlorence bank gifts $30K to Pioneer Valley Habitat for Humanity
A $30,000 donation has been renewed by Florence Bank, in an effort to give back to Pioneer Valley Habitat for Humanity. “Florence is a very community-spirited bank, and we are a very community-spirited organization. Our missions align,” said Amy Landry, the director of resource development at Habitat for eight years. “Clearly, they have been a…
Read MoreChase Bank to Open First Springfield Branch
Chase Bank plans to open its first Springfield branch next year at 1391 Main St. in downtown Springfield. There are plans to add at least three more locations in the Greater Springfield area over the next few years. The expansion is part of the bank’s recently announced plans to more than double its presence in…
Read MoreMonson Savings Bank Donates $2,250 to Shriners Hospitals for Children
Monson Savings Bank President and CEO Dan Moriarty recently presented a $2,250 donation to Stacey Perlmutter, director of Development for Shiners Hospitals for Children – Springfield, which provides specialty orthopedic, neuromuscular, cleft lip and palate, and urologic care exclusively to children. The donation was made as a part of the 2022 Monson Savings Bank Community…
Read MoreBerkshire Bank’s Foundation Contributes $205,000 to Springfield Nonprofits
Berkshire Bank presented a total of $205,000 in funding last month to Springfield non-profit organizations during Berkshire’s BEST Community Comeback Tour. The grants aim to help power the financial potential of the local communities the bank serves through organizations impacting the areas of gender equality, small-business technical assistance, housing, neighborhood stabilization, and education. Read the…
Read MoreNew Valley Bank to Open Third Office in West Springfield
New Valley Bank & Trust Co. plans to open its third office in West Springfield in September. MassLive reported that New Valley has a lease to occupy the former Holyoke Credit Union office at 333 Elm St. in West Springfield and is working on regulatory approval, according to President and CEO J. Jeffrey Sullivan. The…
Read MoreMonson Savings Bank wins fitness challenge, $500 donated to Educare
Monson Savings Bank won the Monson Fitness Challenge by outstepping a team of Town of Monson employees. According to a news release sent to 22News by Hartling Consulting, from June 1 to June 21, Monson Savings Bank’s team of fifty-six employees walked on average 4.5 miles per day compared with Town of Monson employees who…
Read MoreFood Bank of western Massachusetts groundbreaking in Chicopee
Construction has officially begun at the Food Bank of Western Massachusetts’ new facility in Chicopee. The Food Bank of Western Massachusetts is just on the cusp of their goal of $26.4 million. The funding for the new building comes from state and federal funds as well as private donations, and it comes at an important…
Read MoreFood Bank of Western Massachusetts starts construction of new headquarters in Chicopee
The Food Bank of Western Massachusetts will officially start the construction phase for its larger and greener food distribution center and headquarters with an event in Chicopee on June 2. According to the news release sent to 22News by the Food Bank of Western Massachusetts, the private event will take place in the Chicopee Business…
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