Daily News

bankESB Honored Again as One of Massachusetts’ Most Charitable Companies

EASTHAMPTON — bankESB announced it has been recognized by the Boston Business Journal with the 2025 Corporate Citizenship Award, reaffirming its status as one of Massachusetts’s most charitable companies.

This marks the 11th consecutive year bankESB has earned this recognition, an acknowledgment of the bank’s deeply rooted commitment to community support through both financial contributions and volunteerism.

Central to bankESB’s philanthropic framework is its signature charitable giving initiative, the Giving Tree. Through this program, bankESB champions a range of community needs, supporting food security, affordable housing, education, veteran services, youth sports, and more throughout the cities and towns it serves.

“We’re so proud to be recognized as a good corporate citizen because that’s exactly what we strive to be,” said Matthew Sosik, president and CEO of bankESB. “We truly believe in unlocking the potential of the communities we serve and that we can enhance everyone’s quality of life if we work to solve our biggest problems — together.”

Over the past decade, the Giving Tree has donated more than $4 million to area nonprofits. In 2024 alone, the program contributed nearly $515,000, and this year’s initiatives — including seasonal food pantry drives and local education grants — continue to strengthen local institutions and impact lives.

This year, 99 companies qualified for distinction as Top Charitable Contributors by reporting at least $100,000 in cash contributions to Massachusetts-based charities last year. The honorees this year include companies from such industry sectors as financial and professional services, healthcare, technology, retail, and professional sports.