Savings bank

The Federal Savings Bank of Piedmont partners with Insuritas and Community Insurance Services, a subsidiary of (NCBA)

Piedmont Insurance Agency will offer a full range of auto, home and small business insurance products to its customers through this joint venture The Piedmont Federal Savings Bank is always looking for opportunities for the benefit of its customers. — David P. Barksdale, Federal Director General of Piedmont EAST WINDSOR, CT, USA, March 16, 2022 […]

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Logansport Savings Bank prepares future leaders | News

“It’s your painting.” It was a statement repeated in the boardroom of the Area Five Agency on Aging on Wednesday afternoon as a group of teenagers held a board meeting. There was a bit of chaos, some misunderstanding of roles, some general confusion about what was to come. This is part of what Logansport Savings […]

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City Savings Bank strengthens value formation in times of pandemic

CITY Savings Bank Inc. (CitySavings) aims to help revitalize character-building and values-building programs in schools with the launch of its national economic development and values-building webinar series. The program is designed to guide Department of Education (DepEd) public schools in reviving character education programs with a focus on values ​​and virtues that could contribute to […]

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Thomaston Savings Bank donates $31,500 to area nonprofits

Wolcott Branch of Thomaston Savings Bank and President and CEO Steve Lewis present their Act to Impact grant to Donna Belval of the Wolcott Senior Center. The Thomaston Savings Bank Foundation recently organized its Act to Impact Employee Giving campaign. This initiative was implemented to enable Bank employees to give back to the communities the […]

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5th Annual Union Savings Bank Library and Book Drive Yields Big Results with Community

As part of its 5th annual “Share the Love of Reading” book drive, Union Savings Bank recently collected over 2,000 new and gently used children’s books from customers and staff. The books are now available for the public to pick up and keep at 28 USB branches and offices through the new Share the Love […]

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Monson Savings Bank celebrates 150 years in business

MONSON – Banks often merge or are taken over by larger financial institutions, but not Monson Savings Bank (MSB). It remained local and independent for 150 years. “All of us at Monson Savings Bank are incredibly proud to be a trusted local community bank for 150 years,” Dan Moriarty, president and CEO of Monson Savings […]

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Millville Savings Bank Announces New Directors and New Chairman

Louis L. Petrini, Sr. Millville Savings Bank announced that Robert P. Gehring and Louis L. Petrini, Sr., have been added to the Bank’s Board of Directors, and current Board Member Chuck Wyble has been named Chairman of the Board. President and CEO David Greenfield said, “We are delighted with the additions to our Board of […]

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20 for the Next 20: Tony Mizuno, American Savings Bank

The SVP and Manager of Commercial Real Estate Loans at American Savings Bank oversees more than 20 low-income housing projects statewide. Tony Mizuno at the American Savings Bank headquarters in Chinatown. | Photo: Aaron Yoshino Tony Mizuno Senior Vice President and Director of Commercial Real Estate Lending, American Savings Bank Tony Mizuno wasn’t sure if […]

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Lake Shore Savings Bank Announces Appointment to Board of Directors | News, Sports, Jobs

Michelle DeBergalis Lake Shore Bancorp, Inc., the holding company of Lake Shore Savings Bank, announced that Michelle DeBergalis has been appointed to the company’s board of directors, effective February 1. DeBergalis is currently CEO of American Realty Group. Previously, she held positions at some of Western New York’s largest development corporations, […]

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Vicki Clark appointed to Crest Savings Bank Board of Directors | Middle Township

Barbara Jean Tanghare, provided Barbara Jean Tanghare Vice-President, Marketing Director, Crest Savings Bank WILDWOOD – Crest Savings Bank, headquartered in Wildwood, has appointed Vicki Clark to the board of directors, effective January 1. Clark is president of the Cape May County Chamber of Commerce and executive director of the Cape May County Chamber Education Foundation. […]

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Cambridge Savings Bank Provides Auto Advance, LLC $9 Million Revolving Line of Credit to Support Growth Initiatives

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (SCB)a full-service mutual bank with a customer-focused approach and more than $5 billion in assets, today announced that its Asset Based Lending Team granted a $9 million revolving line of credit to Auto Advance, LLC — an automobile finance and loan company located in Wayland, Massachusetts. Working capital supports its […]

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Caisse d’Epargne Territoriale will reopen 2 branches

Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! The Territorial Savings Bank said on Wednesday it would reopen its Pearl City and Kalihi branches on Monday, several weeks after they were temporarily closed. Branches were temporarily closed in mid-January due to staffing issues related to COVID-19. “We are grateful to our staff and customers […]

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American Savings Bank Announces 2021 Community Impact Contributions

The American Savings Bank announced that its charitable contributions for the 2021 calendar year totaled more than $1.5 million. The funds were donated to the community, benefiting nearly 80 local nonprofit organizations, according to an announcement from the company. In addition to financial support, ASB teammates have contributed practical impact through more than 13,000 Seeds […]

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The American mutual savings bank Mascoma in full technological overhaul with Thought Machine

UK-based core banking software provider Thought Machine has signed up its second community bank in the US – Mascoma Bank. Mascoma follows Arkansas-based Arvest, which switched to the provider’s flagship cloud offering, Vault, last year. Mascoma Bank undergoing a technological overhaul Mascoma Bank is a mutual savings bank and Certified B Corporation, with offices in […]

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Washington Savings Bank Acquires Naming Rights to EHS Stadium with $250,000 Donation | Local News

EFFINGHAM — The Washington Savings Bank has acquired the naming rights to Effingham High School’s multipurpose stadium as part of the Unit 40 public-private partnership to install artificial turf and a new scoreboard on the field. WSB President and CEO David Doedtman presented the Board of Education on Monday with a check for $250,000 that […]

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Washington Savings Bank acquires naming rights to EHS Stadium with $250,000 donation

January 25 – EFFINGHAM – The Washington Savings Bank has acquired the naming rights to Effingham High School’s multi-purpose stadium as part of the Unit 40 public-private partnership to install artificial turf and a new scoreboard on the field. WSB President and CEO David Doedtman presented the Board of Education on Monday with a check […]

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Monson Savings Bank donates $15,000 after communities vote on nonprofits

MONSON, Mass. (WWLP) – Monson Savings Bank’s annual community giving initiative invited members of communities served by the bank to vote for local charities they believe should receive donations. Springfield mayor and DPW director saddened after hearing of high school student’s death According to the press release sent to 22News, 3,500 votes were cast to […]

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Board changes, retirements announced at Franklin Savings Bank

Peter Judkins, left, and Richard Walker FARMINGTON — Richard Walker has announced his retirement as Chairman of the Board of Franklin Savings Bank. Elected President in 2017, he has been a member of the Board of Directors since 1991. Former bank chairman Peter Judkins of Farmington was elected by the board of directors to assume […]

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Sturdy Savings Bank celebrates a century of service in 2022 | Cape May

CAPE MAY COURT HOUSE – Sturdy Savings Bank celebrates 100 years of providing personalized banking services to the communities it serves. Founded in 1922, Sturdy Savings Bank’s heritage is built on providing comprehensive banking services and financing solutions to its customers and supporting the community through donations, event attendance and support. The bank’s 100-year slogan, […]

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Former Chicopee Savings Bank CEO dies at 75

William J. Wagner, longtime CEO of Chicopee Savings Bank, passed away on Christmas Day at the age of 76. Wagner had retired from Chicopee Savings’ successor, Westfield Bank, about six weeks before his death. An online obituary did not list the cause of death, noting that Wagner died “unexpectedly and peacefully” surrounded by his wife […]

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Franklin Savings Bank Chairman retires and former Chairman takes office

From left to right, Peter Judkins and Richard Walker. Submitted photo FARMINGTON – Richard Walker has announced his retirement as Chairman of the Board of Franklin Savings Bank. Walker, who was elected president in 2017, has served on the board since 1991. “It has been a real pleasure to serve on the board of directors […]

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Get Updates on Kennebunk Savings, Piscataqua Savings Bank Portsmouth NH

Kennebunk Savings supports local pantries KENNEBUNK – Kennebunk Savings hailed 2021 with $ 27,000 in donations to local pantries and meal programs. Their annual donations for the year totaled over $ 1 million in donations and grants. Last year, the community bank celebrated its 150th anniversary. “We are always aware that times of celebration for […]

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Sturdy Savings Bank celebrates a century of service

Sturdy Savings Bank celebrates 100 years of providing personalized banking services to the communities it serves. Founded in 1922, Sturdy Savings Bank’s century-old legacy is based on providing full-service banking and financing solutions to its customers, and supporting the community through donations, event attendance and support. The bank’s century-old slogan, “Building your future, celebrating our […]

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BayVanguard Bank acquires North Arundel Savings Bank

EDGEMERE, MD/ACCESSWIRE/January 4, 2022/ BV Financial, Inc. (the “Company”) (OTC PINK: BVFL), today announced that its wholly owned subsidiary, BayVanguard Bank, a Maryland chartered savings bank, has acquired North Arundel Bank, a chartered mutual savings bank of Maryland located in Pasadena, Maryland. In connection with the merger, the Company issued 251,004 common shares to Bay-Vanguard, […]

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Franklin Savings Bank chairman retires, former chairman succeeds him

Franklin Savings Bank chairman Richard Walker has retired and the board has appointed a former chairman of the bank, Peter Judkins, to succeed him. Walker was elected president in 2017 and has been a member of the board of directors since 1991 of the Community Bank, which is headquartered in Farmington and has seven branches. […]

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Central Maine Business Notes 0102: Franklin Savings Bank Chairman Retires

Former Franklin Savings Bank chairman Peter Judkins, left, and Richard Walker. Walker announced his retirement as chairman of the board of directors of Franklin Savings Bank. Judkins was elected by the directors to assume the chairmanship of the board in January. Submitted photo FARMINGTON – Richard Walker has announced his retirement as Chairman of the […]

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Walden Savings Bank organizes “22 days of giving”

MONTGOMERY – In the middle of the holiday season, Walden Savings Bank is proud to launch its fifth annual “22 Days of Giving” campaign to give back to the people and organizations that make a difference in the Hudson Valley. Throughout the campaign, the Bank will donate more than $ 24,000 to local causes. “The […]

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The merger of BPI and BPI Caisse d’Épargne Familiale takes effect on January 1, 2022

Bank of the Philippine Islands in Makati on January 19, 2021. Jonathan Cellona, ​​ABS-CBN News / File MANILA – The Bank of the Philippine Islands announced on Friday that its merger with the BPI Family Savings Bank unit will take effect on January 1, 2022. BPI will be the surviving entity as approved by its […]

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Thomaston Savings Bank Employees Donate $ 40,000 to United Way |

Thomaston Bank employees took giving to a new level this holiday season, donating over $ 40,000 to United Way. The nonprofit organization serves basic human needs, financial stability, and education for people across the state. “Thomaston Savings Bank is proud to be a community partner of our local United Way organizations,” said Stephen Lewis, President […]

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Franklin Savings Bank makes vacations brighter for kids and families | Advertisement

FRANKLIN – Children and families in the Franklin area and across the state will have a better vacation because of the kindness of Franklin Savings Bank, its employees and customers. The bank donated $ 1,000 to Franklin Toy Drive run by Boomer’s Barbeque to collect unwrapped toys for children. Additionally, bank employees sponsored 25 children […]

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DeRosa appointed Vice President of Greenfield Savings Bank | Community

CLAREMONT – Greenfield Savings Bank of Greenfield, Massachusetts, announces the hiring of Kevin M. DeRosa as Vice President, Retail Distribution Network. Kevin will be responsible for overseeing the retail operations of all Greenfield Savings Bank offices and the bank’s contact center, which includes the cashier and customer service in the lobbies, call center and customer […]

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Torrington Savings Bank Hosts Holiday Giving Campaign

Staff reports December 17, 2021Update: December 17, 2021 5:51 p.m. Torrington Savings Bank employees raised $ 3,704 through their ‘It’s Giving Season’ fundraising campaign to lend a hand to local charities when they need it. Not needed anymore. Torrington Savings Bank / Contribution Photo TORRINGTON – Torrington Savings Bank Employees Raised $ 3,704 Through ‘It’s […]

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Community Bank System, Inc.Announces Shareholder Approval Received By Elmira Savings Bank For Merger

SYRACUSE, NY, December 17, 2021– (BUSINESS WIRE) – Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that the shareholders of Elmira Savings Bank (“Elmira”), at its special meeting of shareholders held on December 14, 2021, voted overwhelmingly to approve Elmira’s proposed merger with Community Bank, NA (the “Merger”). Elmira said that over 98% of […]

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Community Bank System, Inc.Announces Shareholder Approval Received By Elmira Savings Bank For Merger

SYRACUSE, NY – (COMMERCIAL THREAD) – Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that the shareholders of Elmira Savings Bank (“Elmira”), at its special meeting of shareholders held on December 14, 2021, have voted overwhelmingly to approve Elmira’s proposed merger with Community Bank, NA (the “Merger”). Elmira indicated that over 98% of the […]

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Elmira Savings Bank Announces Shareholder Approval of

ELMIRA, NY, December 16, 2021 (GLOBE NEWSWIRE) – Elmira Savings Bank (NASDAQ: ESBK) announces that the shareholders of Elmira Savings Bank (“Elmira”), at its special meeting of shareholders held on December 14, 2021, have voted to approve the proposed merger (the “Merger”) of Elmira with Community Bank, NA There were over 75% of the issued […]

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Fulton Savings Bank appoints new CEO

Pamela D. Caraccioli has been appointed President and CEO of Fulton Savings Bank (FSB). She succeeds Michael J. Pollock, who is retiring at the end of this year after a 41-year career with the bank. (Photo credit: FSB) FULTON, NY – Fulton Savings Bank (FSB) has announced that it has appointed Pamela D. Caraccioli as […]

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Elmira Savings Bank Announces Shareholder Approval of Merger Agreement

ELMIRA, NY, December 16, 2021 (GLOBE NEWSWIRE) – Elmira Savings Bank (NASDAQ: ESBK) announces that the shareholders of Elmira Savings Bank (“Elmira”), at its special meeting of shareholders held on December 14, 2021, have voted to approve the proposed merger (the “Merger”) of Elmira with Community Bank, NA There were over 75% of the issued […]

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Pamela Caraccioli appointed President / CEO of Fulton Savings Bank – Oswego County Today

Pamela D. Caraccioli has been appointed President and CEO of Fulton Savings Bank (FSB), announced Brian Caswell, Chairman of the Board of Directors of the FSB. She succeeds Michael J. Pollock, who is retiring at the end of this year after a 41-year career with the bank. Pamela D. Caraccioli, above, has been appointed President […]

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Claremont Savings Bank opens a new branch in West Lebanon | Community

CLAREMONT – Claremont Savings Bank, a mutual savings bank headquartered in Claremont and serving personal and business banking clients across the region, opened a new branch in western Lebanon on Monday 6 December. Located at 106 North Main St., the big opening celebrations will take place in the spring of 2022. The location was originally […]

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Lake Shore Savings Bank celebrates 15 years as Rockefeller Season Sponsor

Daniel P. Reininga (center), who is president, CEO and director of Lake Shore Savings Bank, presents a sponsorship check for $ 12,000 to Rockefeller Arts Center director Jefferson Westwood (right) and Tim Murphy, who is Director of Development for the Fredonia College Foundation. Lake Shore Savings Bank marks 15 consecutive years as a season wide […]

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Lake Shore Savings Bank Celebrates 15 Years as Rockefeller Season Sponsor | News, Sports, Jobs

Daniel P. Reininga, center, president, CEO and director of Lake Shore Savings Bank, presents a sponsorship check for $ 12,000 to Jefferson Westwood, right, director of Michael C. Rockefeller Arts Center and Tim Murphy, Director of Development for the Fredonia Foundation College. The 2019-2020 season marks the 15th consecutive year that Lake Shore Savings has […]

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Mike Pollock retires as Chairman and CEO of Fulton Savings Bank | Business

FULTON – After 41 years of dedicated service to Fulton Savings Bank, Mike Pollock will retire as President and CEO of the bank on December 31. The announcement was made by Fulton Savings Bank Chairman of the Board, Brian Caswell. “It’s hard to imagine Fulton Savings Bank without Mike Pollock as President and CEO. Its […]

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Bangor Savings Bank Foundation awards $ 470,000 to nonprofits in Maine and New Hampshire

Access to education and child development, support for domestic violence and food security among subsidized services BANGOR – As part of its continued commitment to improving the well-being of the communities it serves, the Bangor Savings Bank Foundation has awarded $ 470,000 to nonprofits based in Maine and New Hampshire; $ 247,500 will be awarded […]

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Bangor Savings Bank Foundation awards $ 470,000 to nonprofits

logo_alt Bangor Savings Bank Contributed • December 6, 2021 BANGOR – As part of its continued commitment to improving the well-being of the communities it serves, the Bangor Savings Bank Foundation has awarded $ 470,000 to nonprofits based in Maine and New Hampshire; $ 247,500 will be awarded this year, while $ 222,500 will be […]

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Glen Rock Savings Bank becomes Ascendia Bank

The Bank’s new name and corporate identity have been created to better reflect a larger geographic footprint and an expanded portfolio of products and services December 2, 2021 Glen Rock Savings Bank has officially been renamed Ascendia Bank. The new name and branding are not linked to any new ownership or acquisition, and there will […]

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Franklin Savings Bank employees care for the community

Franklin Savings employees deliver groceries to Care and Share Food Closet staff in Farmington. FARMINGTON – During the fall months of 2021, Franklin Savings Bank employees worked hard to support pantries in their local communities, as well as Gold Star service members and veteran families. Franklin Savings Bank holds three celebrations per year to celebrate […]

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Carver Federal Savings Bank to Leverage Moody’s Analytics’ CreditLens Solution to Improve Customer Experience for Business Customers

– The deal with Moody’s Analytics is part of its parent company, Moody’s Corporation’s continued commitment to supporting minority depositories like Carver and fostering economic empowerment in various communities across the country NEW YORK, November 29, 2021 / PRNewswire / – Carver Federal Savings Bank (“Carver”), a Certified Minority Depository Institution (“MDI”), today announced that […]

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Carver Federal Savings Bank to Leverage Moody’s Analytics’ CreditLens Solution to Improve Customer Experience for Business Customers

NEW YORK, November 29, 2021 / PRNewswire / – Carver Federal Savings Bank (“Carver”), a Certified Minority Depository Institution (“MDI”), today announced that it has signed an agreement with Moody’s Analytics to begin integrating the power of its CreditLens solutions to improve the customer experience and provide enhancements such as the ability to apply for […]

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Maine State Treasurer Bangor Savings Bank Launches Monitoring of Maine ABLE Benefits for People with Disabilities

Bangor Savings Bank presented its new product, the first of its kind in the country, Maine ABLE Benefit CheckingSM. The account was created for people with disabilities to allow greater accessibility to financial products and services, while protecting eligibility for federal and state of Maine benefits based on means. Historically, people receiving benefits such as […]

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United Roosevelt Savings Bank (URSB) Donates $ 1 Million to Carteret Performing Arts & Events Center (CPAC)

“The URSB is proud to be the cornerstone of Carteret community and to support the incredible programs, shows and opportunities offered by the Carteret Performing Arts & Events Center, ”said URSB President and CEO. Kenneth R. Totten. “On behalf of our customers, employees and neighbors, we are proud to name this incredible venue URSB Center […]

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Mike Pollock retires as president / CEO of Fulton Savings Bank – Oswego County Today

After 41 years of dedicated service to Fulton Savings Bank, Mike Pollock will retire as President and CEO of the bank on December 31, 2021. The announcement was made by the Chairman of the Board of Directors of the Fulton Savings Bank, Brian Caswell. “It’s hard to imagine Fulton Savings Bank without Mike Pollock as […]

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Caisse d’Epargne completes the acquisition of Standing Stone Bank | Community

CIRCLEVILLE – Savings Bancorp, Inc., an Ohio company headquartered in Circleville, Ohio, the holding company of The Savings Bank, has announced the completion of its acquisition of Standing Stone Bank, a chartered commercial bank of the ‘State of Ohio headquartered in Lancaster, Ohio. After closing, The Savings Bank has approximately $ 531 million in assets, […]

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Fitzgerald joins The Savings Bank as Vice President

Ed fitzgerald Wakefield, Massachusetts Ed Fitzgerald joined The Savings Bank as Vice President – Commercial Lender. Fitzgerald’s new appointment marks his return to the bank, having held the same position from 2008 to 2012. Fitzgerald brings nearly 20 years of commercial lending experience to a relationship management role at the Savings Bank. Most recently, he […]

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Regulators crack down on Federal Savings Bank

The ordinance requires the Federal Savings Bank to establish a compliance committee of at least three members. The majority of the panel should not be employed by the bank. The enforcement action comes four months after former chief executive officer Stephen Calk was convicted by a federal jury in New York of granting $ 16 […]

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Regulators crack down on Federal Savings Bank

The ordinance requires the Federal Savings Bank to establish a compliance committee of at least three members. The majority of the panel should not be employed by the bank. The enforcement action comes four months after former chief executive officer Stephen Calk was convicted by a federal jury in New York of granting the bank’s […]

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Spencer Savings Bank completes merger with Mariner’s Bank

Elmwood Park-based Spencer Savings Bank has completed its merger with Edgewater-based Mariner’s Bank, financial institutions said Thursday. With this all-cash transaction, Spencer adds six full-service branches to its 20 existing financial centers located across New Jersey. Mariner’s Bank locations are concentrated in Bergen County, where Spencer was originally founded and has a significant presence over […]

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Spencer Savings Bank completes merger with Mariner’s Bank

ELMWOOD PARK, NJ – (COMMERCIAL THREAD) – Spencer Savings Bank, SLA today announced the completion of its merger with Edgewater-based Mariner’s Bank in an all-cash transaction. With this merger, Spencer added six full-service branches to its 20 existing financial centers located across New Jersey. Mariner’s Bank locations are concentrated in Bergen County where Spencer was […]

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Spencer Savings Bank completes its merger

November 18, 2021 Spencer Savings Bank, SLA has announced the completion of its merger with Edgewater-based Mariner’s Bank in an all-cash transaction. With this merger, Spencer added six full-service branches to its 20 existing financial centers located across New Jersey. Mariner’s Bank locations are concentrated in Bergen County where Spencer was originally founded and has […]

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Caisse d’Épargne Rondout welcomes Kathleen Pless

KINGSTON – Kathleen Pless joins Rondout Savings Bank as Senior Vice President and Director of Loans. Kathleen has worked in community and regional banking environments and is highly skilled in business development and client management. As a seasoned banking professional, she brings over 20 years of experience in commercial lending, construction lending, CRE, multi-family loans, […]

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Ridgewood Savings Bank welcomes new Bank Director – QNS.com

Sign up for our PoliticsNY newsletter for the latest coverage and to stay informed about the 2021 elections in your district and across New York Ridgewood Savings Bank recently appointed Mark Sanchioni as the new Banking Director, overseeing digital banking, branch operations and many other departments of the company. Sanchioni previously served as the Head […]

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Central Maine Business Records: Kennebec Savings Bank Receives National Service Award

AUGUSTA – Kennebec Savings Bank received the Exceptional Community Bank Service Award from the Independent Community Bankers of America. The ICBA National Community Bank Service Awards recognize the service and volunteer efforts of community banks across the country. KSB, with $ 1.36 billion in assets, was notably recognized for tackling food insecurity during the pandemic. […]

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American Savings Bank Boosts Profits Despite Cutbacks in Loans

October 30 — Gains in investment securities helped Hawaii’s third-largest financial institution, American Savings Bank, increase third-quarter profits 58%. The company, owned by Hawaiian Electric Industries Inc., said in a financial report on Friday that it earned $ 19.3 million in the July-September period, up from $ 12.2 million a year earlier. American Savings said […]

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American Savings Bank Boosts Profits Despite Cutbacks in Loans

Mahalo for his support of the Honolulu Star-Advertiser. Take advantage of this free story! Gains in investment securities helped Hawaii’s third-largest financial institution, American Savings Bank, increase third-quarter profits 58%. The company, owned by Hawaiian Electric Industries Inc., said in a financial report on Friday that it earned $ 19.3 million in the July-September period, […]

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Carver Federal Savings Bank and Touro Graduate School of Business Announce Innovative Scholarship Program

The program aims to provide a pathway for substantial personal growth and development for Carver employees and a pathway to expand the pool of African American and Latin American management talent in the New York tri-state region. This new affiliation between the historic Harlem-based Carver and the graduate business school focused on students at Touro […]

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Ridgewood Savings Bank Celebrates 100 Years of Service, New Main Office Renovations – QNS.com

Sign up for our PoliticsNY newsletter for the latest coverage and to stay informed about the 2021 election in your district and across New York Ridgewood Savings Bank recently remodeled its 10,000 square foot space to accommodate the growing community after celebrating 100 years of service. Many local officials and bank employees attended a groundbreaking […]

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Franklin Savings Bank awards $ 40,000 in grants to 9 organizations

12 October 2021 Nine organizations received a grant from the FSB Fund for Community Advancement, the philanthropic arm of Franklin Savings Bank. This round of funding represents the 44th round of grants totaling $ 40,000 in scholarships. This year’s recipients include Belknap House (Laconia), $ 6,600; Bolduc Park (Gilford), $ 2,500; Franklin Congregational Christian Church, […]

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Franklin Savings Bank awards $ 40,000 in grants to nine organizations | Local

FRANKLIN – Nine organizations received a grant from the FSB Fund for Community Advancement, the philanthropic arm of Franklin Savings Bank. This round of funding represents the 44th round of grants totaling $ 40,000 in scholarships. This year’s recipients include Belknap House (Laconia), $ 6,600; Bolduc Park (Gilford), $ 2,500; Franklin Congregational Christian Church, $ […]

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Spencer Savings Bank Donates $ 75,000 to American Red Cross NJ for Hurricane Ida Relief Efforts

Elmwood Park, NJ, October 9, 2021 – (PR.com) – Spencer Savings Bank, a leading New Jersey-based community bank, donates $ 75,000 to the American Red Cross NJ to support Hurricane Ida relief efforts. “Hurricane Ida had a devastating impact on many communities in New Jersey,” said Jose B. Guerrero, President and CEO of Spencer. “We […]

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Mark Laune, People Savings Bank, elected Vice Chairman of MO Independent Bankers Assc.

Matthew S. Ruge, Executive Director of the Missouri Independent Bankers Association (MIBA), the state’s premier banking association exclusively representing more than 150 independent community banks statewide, announced the election of the new officers of the group for the 2021-2022 mandate. Office: Chairman of the Board: Darrell Harke, Bank of Old Monroe, Old Monroe, Missouri; Chairman: […]

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Community Bank acquires Elmira Savings Bank to strengthen its presence in New York

Community Bank System, a holding company of Community Bank, has entered into a deal to acquire New York-based Elmira Savings Bank in a $ 82.8 million all-cash deal. Under the agreement, Elmira shareholders will receive $ 23.10 in cash for each common share they own. Elmira will strengthen Community Bank’s presence in central New York […]

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Community Bank and Elmira Savings Bank to merge

Community Bank and Elmira Savings Bank to merge DEWITT / ELMIRA – Community Bank, NA and Elmira Savings Bank announced their merger in the first quarter of 2022, pending customary regulatory and shareholder approval. The merger will expand Community Bank’s presence by adding branches in the central New York and southern areas.As a full-service financial […]

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Community Bank System to acquire Elmira Savings Bank for nearly $ 83 million

The branch of Community Bank, NA in Skaneateles. (Adam Rombel / CNYBJ) DeWITT, NY – Community Bank System, Inc. (NYSE: CBU) announced that it has agreed to acquire Elmira Savings Bank (NASDAQ: ESBK) in cash transaction valued at $ 82.8 millions of dollars. Under the agreement, shareholders of Elmira Savings Bank will receive $ 23.10 […]

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City of Cambridge, Cambridge Public Schools and East Cambridge Savings Bank announce kindergarten savings account program

The City of Cambridge today announced the launch of a new program of Cambridge Public School Kindergarten (CPS) students and their families for the 2021-2022 school year, known as the City of Cambridge Children’s Savings Account (CSA). To help children start investing for their future, the City of Cambridge and Cambridge Public Schools have partnered […]

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Fowkes, Rouse and Brown Join Belmont Savings Bank in Belmont County | News, Sports, Jobs

BELLAIRE – Belmont Savings Bank has announced the addition of new members to its team: Joanna Fowkes, Razmine Rouse and Susan Brown. “We are delighted that these women are joining the BSB team. Their experience, knowledge and involvement in the community is a perfect match, and that is exactly what we are looking for to […]

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OTTAWA SAVINGS BANK ANNOUNCES COMPLETION OF CONVERSION TO ILLINOIS CHARTERED COMMERCIAL BANK AND NAME CHANGE TO OSB COMMUNITY BANK

Ottawa, Ill., Sept. 27, 2021 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company of Ottawa Savings Bank, FSB (the “Bank ”), today announced that the Bank has changed from a federally chartered savings bank to an Illinois chartered commercial bank. As part of the charter conversion, the Bank changed its […]

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Thomaston Savings Bank filings to open a second branch in Farmington

Thomaston Savings Bank plans to open a second Farmington branch in a former bank building at 2 South Main St. Thomaston Savings filed August 23 with the State Banking Department to establish the branch, its 15th overall. Stephen Lewis, President and CEO of Thomaston Savings Bank, said in an email that the ongoing interior and […]

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Cambridge Savings Bank opens new branch in Assembly Row in Somerville

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-focused approach and over $5 billion in assets, announced the opening of its new branch in Somerville, MA. Located at 475 Foley Street in Assembly Row, CSB has opened the doors to its 18and physical location on Tuesday, August 17and. CSB’s focus on […]

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Alabama Credit Union agrees to buy Security Savings Bank

Source: Shutterstock The $1.2 billion Alabama Credit Union in Tuscaloosa announced Wednesday that it has entered into a buy-and-hold agreement to buy Security Federal Savings Bank of Jasper for $38.9 million. Financial terms of the cash deal were not disclosed. The transaction will expand ACU’s presence in northern Alabama and bring its total assets to […]

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Bauchi, Gombe, Plateau support Jaiz Bank’s Hajj savings plan

The states of Bauchi, Gombe and Plateau have pledged to support the new Hajj savings plan through the Nigeria National Hajj Commission and Jaiz Bank to facilitate hajj processes for Muslims in Nigeria. Governors Bala Muhammed of Bauchi, Inuwa Yahaya of Gombe and Simon Lalong of Plateau approved the program during launch and awareness exercises […]