Bank Opens Loan Office in West Springfield
FLORENCE — Florence Savings Bank (FSB) is increasing its commitment to small businesses with two new initiatives – a new loan office in West Springfield and an increased commitment of $100 million in loan funds. The new loan office, located at 117 Park Ave., will feature a team of commercial loan officers and will expand the bank’s reach into Hampden County. The new office will be staffed by James Montemayor who has more than 21 years in banking, and Michael Whitman with more than 12 years in banking. Both were recently named vice presidents of FSB.
MassMutual Recognized for Web Sites; Captures InformationWeek 500 Ranking
SPRINGFIELD — Massachusetts Mutual Life Insurance Company (MassMutual) has garnered the top spot in DALBAR’s latest WebMonitor rankings of the best Web sites in the life insurance and annuity industry. FieldNet ®, the Web site for financial professionals produced by MassMutual, received an “Excellent” designation for the ninth straight quarter and has earned first place for six of those quarters. WebMonitor tracks Web site improvements and innovations across the financial services industry and identifies the industry’s best sites. In other company news, MassMutual Retirement Services has been awarded the No. 1 ranking in this year’s InformationWeek 500 “Wireless Innovation” category for its e4 (SM) wireless enrollment technology. MassMutual pioneered the patent-pending e4 technology, short for Electronic Enhanced Enrollment Experience, to help American workers take an active role in planning for retirement by simplifying participation in company sponsored 401(k) plans.
Monson Savings Offers New Online Banking Service
MONSON — Monson Savings Bank recently introduced a new service, Enhanced Login Security, which adds another layer of protection against unauthorized access to online banking accounts. The service not only recognizes passwords but also the customer’s computer. Additionally, the bank is taking steps to educate its customers about identity fraud and Internet security by handing out a comprehensive Q+A package at its branches and by making the information available online at www.monsonsavings.com. The measures are in response to the Federal Financial Institutions Examination Council which requires financial institutions to conduct a risk assessment of its Internet banking service.
WNEC Enters Public Phase of $20M Campaign
SPRINGFIELD — Western New England College has embarked on the most ambitious fund-raising campaign in its history, a $20 million effort that will enable the college to advance its mission of helping students achieve their educational and career goals. Titled “Transformations: The Campaign for Western New England College,” it is the first time the college has undertaken a comprehensive campaign with multiple priorities. Since the launch of its leadership phase in July 2003, the campaign has raised more than $15 million from a select group of individuals, foundations, and corporations. The public phase of the campaign, which began Sept. 19, is expected to last through December 2007. Gifts to the campaign will support initiatives and programs in four areas: academic quality, $8.45 million; student enrichment, $4.05 million; financial aid endowment, $5 million, and The Fund for WNEC, $2.5 million. Persons interested in becoming involved in the campaign can contact the Advancement Division at (413) 782-1335 or toll-free at (800) 325-1122. Campaign-related news and information is available by visiting www.wnec.edu/campaign.
Greenfield Savings Names New CEO/President
GREENFIELD — Rebecca “Becky” Caplice, currently chief operating officer at Greenfield Savings Bank, will become president and CEO of the bank and its holding company, GSB, MHC, on Jan. 1. Caplice currently directs and supervises all bank operations and administrative departments as COO. Current president and CEO Joseph Poirier will stay with GSB as a member of its business development team. The bank’s governing body recently approved the leadership change at its quarterly trustee meeting. Caplice says she will build on the strong foundation that Poirier has contributed to during his 18 years at the bank. Her tenure with GSB began in 1991 as a senior vice president. In 1999, she was elected to GSB’s Board of Trustees and then promoted to executive vice president. In 2004, Caplice was promoted to COO. A resident of Shelburne, Caplice has been an active member of the Franklin County community since 1977. She is particularly interested in local economic development and Greenfield’s downtown revitalization.
Peter Pan’s Hall of Fame Bus Unveiled
SPRINGFIELD — Peter Pan Bus Lines recently unveiled its newly decorated Basketball Hall of Fame bus, complete with “HoopHall.Com” graphics and a basketball appearing on the front section of the bus. The bus is a regular Peter Pan line-run, 55-passenger motorcoach that travels the northeast corridor between Boston and Washington, D.C. The graphics promoting the Hall of Fame were the idea of Peter A. Picknelly, president of Peter Pan, who also serves on the Hall of Fame board, as a way to increase recognition of the Hall. The bus was wrapped in the new graphics by a Peter Pan affiliate, Coach Builders, which operates out of the Trolley Barn on Main Street.
Nursery Launches Parenting Services
SPRINGFIELD — Springfield Day Nursery has launched a parenting program to assist families in gaining self-sufficiency, acquiring better parenting skills, and becoming more involved in their child’s education, thanks in part to its new Under Five Initiative and funding from the Community Foundation of Western Massachusetts. Joni Beck Brewer, LICSW, will serve as the new vice president of parent services, and will be responsible for designing, developing, and implementing parent education and support services. In addition, Brewer will supervise Springfield College School of Social Work interns who will offer intensive case management, including child and family assessments and home visits to teach and model parenting skills. Brewer will also oversee the creation of a parent advisory council. For more information on services, call (413) 858-3108.
Spalding Takes Never Flat Success to Soccer Field
SPRINGFIELD — Spalding is now bringing its industry leading innovation – NEVER FLAT technology – to the soccer fields. The Spalding NEVER FLAT soccer ball line, centered around similar technologies found in its NEVER FLAT basketballs, are the first-ever soccer balls with proprietary pressure-retention technologies and are guaranteed to stay inflated 10 times longer than traditional soccer balls. All products within Spalding’s NEVER FLAT soccer line use patent pending, exclusive full-ball construction technologies, a first within the inflated sports category, to dramatically increase pressure retention. The soccer ball line will reach sporting goods store in early November and will feature three product levels – the NF-5000, the NF-3000, and the NF-1500.
Third Generation Taking Over Furniture Business
SPRINGFIELD — Hampden Furniture’s inventory is currently being liquidated and new owners are hoping to reopen the business as a Broyhill furniture gallery in a neighboring town by early 2007. Owner Eugene Z. Baker is retiring from the business and his children, Ira and Carol Baker, will take over daily operations when the new location is determined. Hampden Furniture occupies 45,000 square feet in downtown Springfield, but the future site is expected to only accommodate Broyhill’s new store format that is much smaller. The liquidation sale will continue until all inventory is sold, according to Eugene Baker.
UMass Amherst Wins $1 Million Grant to Support Doctoral Program in Nursing
AMHERST – The School of Nursing at UMass Amherst has been awarded a three-year, $1 million grant from the U.S. Department of Health and Human Services to support its new doctorate in nursing practice and the related Your Life Matters Program (LIFEMAP), a health-risk assessment, health and lifestyle management initiative. In May, the UMass Board of Trustees approved the doctorate in nursing practice (DNP), making UMass Amherst the first school in the state to offer the advanced degree. The DNP, a four-year post-baccalaureate degree, focuses on preparing advanced practice nurses for functioning at the highest level of nursing practice. The grant provides funding for implementation of the new doctoral program. The grant proposal was written by School of Nursing faculty in cooperation with the UMass Amherst School of Public Health and Health Sciences (SPHHS).
Zasco Productions Moves into New Quarters
CHICOPEE — Zasco Productions, a multi-media, event-production company, has moved into new quarters at 340 McKinstry Ave. In Chicopee. The 5,100-square-foot facility enables the company, this year celebrating its 20th anniversary, to bring office, production, and warehouse operations under one roof.