Home Posts tagged Monson Savings Bank
Daily News

MONSON — Monson Savings Bank recently announced the promotion of Sara Rodrigues to assistant vice president, Commercial Loan Operations officer.

“Sara is a strong member of the Monson Savings team. Her work with the Commercial Lending team and customers is stellar,” bank President and CEO Dan Moriarty said. “Time and time again, Sara displays her dedication to ensuring our customers have a smooth lending experience. We are grateful for her work and look forward to her continued career growth.”

In her new role, Rodrigues is responsible for managing the Commercial Loan administrative team and Commercial Loan Servicing team at Monson Savings Bank, as well as planning, organizing, and directing all Commercial Loan operations.

She has been with Monson Savings for 10 years, previously serving in the role of Commercial Loan Operations officer. She has 22 years of experience in the banking industry, 21 within the commercial-lending sector. Prior to working with Monson Savings, she worked with TD Bank, N.A. as a Commercial Loan document supervisor.

Rodrigues believes in giving back to the communities she works and resides in. Prior to the pandemic, she participated in Link to Libraries’ Monson Schools Read a Loud program. As a Link to Libraries volunteer, she read to students and helped the organization serve its mission to distribute new books to the school and home libraries of children in need. She is looking forward to the Read a Loud program starting back up again. In addition to her volunteer work, she serves on the Monson Savings Bank community reinvestment committee.

“I am proud to work for a bank that has a strong commitment to not only their customers, but also to the local communities that their customers live in,” Rodrigues said. “Monson Savings Bank also takes great care of their team members and encourages our growth. I look forward to continuing to develop my skills with Monson Savings Bank and help our commercial-loan customers along their financing journey.”

Daily News

MONSON — Monson Savings Bank’s Wilbraham Branch will host a free Community Shred Day on Saturday, Oct. 1 from 9 a.m. to noon. All are welcome. As in past years, Monson Savings Bank is partnering with PROSHRED of Wilbraham for this event. The bank will welcome the public to dispose of their private documents safely and securely.

Storing documents that contain personal information in one’s home can pose a major security risk. Monson Savings Bank is encouraging residents to shred any documents they no longer need, especially those that contain private information. The Community Shred Day is an opportunity to properly discard unwanted documents, such as tax returns, bank or credit-card statements, bills, medical records, and more.

“At Monson Savings Bank, our number-one priority is safeguarding the personal information of our customers and community members,” said Carolyn Balicki, Wilbraham branch manager and AVP retail banking officer. “Our team is very diligent and works hard every day to keep the information of our customers and non-customers safe from falling into the wrong hands. Our Community Shred Day gives us the opportunity to help everyone dispose of their sensitive documents in a secure way, while also gathering together safely as a community for a fun event.”

The Wilbraham branch is located at 100 Post Office Park. Pre-packaged refreshments and giveaways will be available at the event while supplies last. Health and safety protocols will be carefully followed. All visitors are asked to practice social distancing.

Daily News

MONSON — Monson Savings Bank’s Hampden Branch will host a free Community Shred Day on Saturday, Sept. 17 from 9 a.m. to noon. As in past years, Monson Savings Bank is partnering with PROSHRED of Wilbraham for this event. The bank will welcome the public to dispose of their private documents safely and securely.

Storing documents that contain personal information in the home can pose a major security risk. Monson Savings Bank is encouraging residents to shred any documents they no longer need, especially those that contain private information. This free Community Shred Day is the perfect chance to properly discard unwanted documents, such as tax returns, bank or credit-card statements, bills, medical records, and more.

“We are very happy to host our branch’s annual Community Shred Day,” said Adriano Dos Santos, Hampden branch manager. “Our Shred Day gives members of our community the opportunity to safely, conveniently, and securely destroy their old documents. It is always such a fun event, and I look forward to it every year.”

The Hampden branch is located at 15 Somers Road. Pre-packaged refreshments and giveaways will be available at the event while supplies last.

Daily News

MONSON — Monson Savings Bank recently made a $5,000 donation to the Healing Racism Institute of Pioneer Valley, headquartered in Springfield, in support of its work in the region. The Healing Racism Institute aims to help create a better understanding of the root causes and effects of racism, while also explaining the institutional nature of racism. Its hallmark program is its two-day Healing Racism sessions, which provide a safe environment to learn about the impact of racism on our nation and community in an engaging and transformative process.

“Monson Savings Bank supports the Healing Racism Institute of Pioneer Valley and the important work that they are doing for our communities,” said Dan Moriarty, president and CEO of Monson Savings Bank. “We commend them for all of the work that they do to make the world a better place, specifically working to make the communities we live in a better place. Monson Savings is a local bank, meaning everyone who works at the bank lives here. We are working, raising our families, and living in the communities that the Healing Racism Institute serves. The organization holds a special place in our hearts because they are making the places we live a better, more equitable place.”

A contribution from Monson Savings Bank will support Healing Racism Institute’s campaign to be self-sustaining within three years by building infrastructure and building capacity. Funds will be used to hire staff, create a training center, increase the number of trained facilitators, and provide scholarship support.

“On behalf of the Healing Racism Institute, I would like to extend a sincere thank you to Monson Savings Bank for their generous donation,” said Vanessa Otero, Healing Racism executive director. “This donation will help us in our mission to help build racism-free communities.”

Daily News

MONSON — Monson Savings Bank recently presented a $5,000 donation to Leo Williams, president and CEO of Springfield Neighborhood Housing Services.

The mission of Springfield Neighborhood Housing Services is to help transform the lives of families living in Springfield and revitalize the city’s distressed neighborhoods through sustainable homeownership and resident empowerment. The organization’s vision is for homeownership to be an affordable choice, especially for people of color living in the Western Mass. region. Springfield Neighborhood Housing Services believes this will allow for the communities to grow in knowledge and wealth, empowering future residents, community leaders, and business owners.

Monson Savings Bank’s corporate donation to Springfield Neighborhood Housing Services is consistent with the bank’s track record of being a community advocate and financial resource to community members.

“On behalf of everyone at Monson Savings Bank, we are extremely pleased to make this donation to the Springfield Neighborhood Housing Services,” said Dan Moriarty, president and CEO of Monson Savings Bank. “We are proud to be able to support this great organization that works so hard to help people in the communities we serve to obtain homeownership, in turn contributing to overall revitalization of local neighborhoods.”

The bank has remained focused on supporting efforts to revitalize distressed communities, and likewise recognizes the importance of homeownership and how it relates to the betterment of neighborhoods and residents living in those neighborhoods.

“Monson Savings’ mission, values, and vision align with those of the Springfield Neighborhood Housing Services,” said Dina Merwin, the bank’s senior vice president, chief risk and senior compliance officer. “We are dedicated to supporting our communities and the lives of residents in any way that we can. We know that homeownership has been shown to not only increase the quality of life for the homeowner and their family, but also for the neighborhood as a whole.”

Williams added that “Springfield Neighborhood Housing Services is thankful to Monson Savings Bank for their donation in support of our mission. This money will be put to good use as we continue to empower our neighbors through homeownership and transform our communities.”

Daily News

MONSON — Monson Savings Bank has a long history of supporting literacy in its communities that continues as the bank celebrates its 150th Anniversary. Recently, Monson Savings Bank President and CEO Dan Moriarty met with Laurie Flynn, Link to Libraries president and CEO, to present her with a $1,500 donation. This donation was made as a part of the 2022 Monson Savings Bank Community Giving Initiative, where the public was given the opportunity to submit their votes asking the bank to support their favorite local charitable organizations.

“Monson Savings Bank is proud to show our support to the wonderful local organization Link to Libraries,” Moriarty said. “Unfortunately, not all children have access to age-appropriate reading materials. Link to Libraries fills this gap. This organization gives our local youth the valuable gift of reading, providing so many children in our communities with access to books. Because of Link to Libraries, children’s literacy and language skills are positively impacted, helping them to find success in their educational and life journeys.”

Flynn added that “we are very appreciative of Monson Savings Bank’s longtime support of Link to Libraries. Monson Savings is an incredible community partner, not only to our organization, but also to many others throughout our community. Thank you to everyone who voted for Link to Libraries in Monson Savings’ Community Giving Initiative. We are excited to put these funds to good use, purchasing books and distributing them to the children who need them most.”

Banking and Financial Services Special Coverage

Pedal to the Mettle

Monson Savings Bank’s birthday celebration

Monson Savings Bank’s birthday celebration

Monson Savings Bank has been commemorating its 150th birthday in many different ways, from a time capsule to assembling and donating $15,000 worth of bicycles to several area charities. Through all these efforts, the bank is celebrating its continuity and its commitment to a community that is now much larger then when it took its first deposit back in 1872.

Dan Moriarty called it a ‘trial run.’

That’s how he referred to his 60-mile bike ride, which he also called the ‘Tour de Branches,’ on July 17, during which he visited all seven Monson Savings Bank (MSB) locations — five branches, the headquarters, and a loan center — on a trek that took him from Monson to East Longmeadow, with stops along the way in Ware, Wilbraham, and Hampden.

Moriarty, the bank’s president and CEO, said this was a tuneup for a ride two and a half times that length, a number that is significant because 150 is also the number of years the bank is celebrating this year, and the ride, still very much in the planning stages, has now become a poignant part of the celebration.

Dan Moriarty’s ‘Tour de Branches’

Dan Moriarty’s ‘Tour de Branches’ helped him prep for a 150-mile ride as part of Monson Savings Bank’s birthday celebration

“My goal is to raise money to give to a local charity … I’m thinking I could ask for per-mile pledges from friends, family, customers, and businesses,” Moriarty told BusinessWest, adding that the charity is still to be determined. “I’m guessing no other bank president belonging to a bank older than 100 years has done this.”

He’s probably on very safe ground with that statement. Not many bank presidents pedal such distances, although he’s certainly comfortable doing so having competed in several Ironman triathlons, where participants cycle 120 miles while also swimming 2.4 miles and running a full 26.2-mile marathon. And, more to his point, there simply aren’t many banks that can boast about being around for 100 years, let alone 150.

And that, more than anything else, is what MSB is celebrating this year, said Mike Rouette, executive vice president and chief operating officer, noting that this longevity, this stability — not only the same bank, but the same name since Ulysses S. Grant was patrolling the White House — is rare in this era of ongoing mergers and acquisitions.

bank employees buried a time capsule

As part of the 150th birthday celebration, bank employees buried a time capsule filled with a number of items reflective of 2022.

It is reflected, he said, in a borrowed slogan that the bank has adopted: ‘Never forget who you are and where you came from; it’s an important part of you that you will find strength and peace from.’

“It’s short, and it’s sweet, and it says a lot about us,” Rouette noted, adding that, while the bank has grown and expanded its presence within the region, it remains loyal to the principles on which it was founded in 1872.

Moriarty agreed.

“I think it takes a strong sense of loyalty to the legacy of the organization to hang on for that long,” he said. “As we know, in this area, some long-lasting institutions decided to go a different route and either merge or combine. It starts with the organization and how it feels the future can be laid out for a bank that’s been around a long time; if they feel they’re not going to make it, they look to a different situation or combination. So far, we’re not committed to looking in a different direction.”

Moving forward, he said the bank “has a lot to talk about” at its upcoming annual meeting and strategic planning sessions in September, from where, when, and how to expand geographically to anticipating where technology is going and how to maximize it to better serve customers.

“We had very big ideas, and I’m happy to say that we made most of them happen — and very successfully.”

“It’s all about delivery systems, customer service, where we’re physically going next, which means market analysis and possible branch expansion,” he explained. “We’re going to do it in a controlled and managed method.”

 

To a Higher Gear

While Moriarty is, indeed, a veteran of Ironman triathlons, it had been a while, seven years by his estimation, since he had taken part in one of those competitions. Thus, he admits to being a little sore after that 60-mile trial run.

“It was a reality check when I came off the bike that day,” he explained. “I said, ‘whoa … that was 60 miles; I have to do that twice plus another 30 miles.’ This will be a good challenge for me; there was about 3,500 feet of climbing for one loop — that’s like going up half of Mount Washington.”

Monson Savings Ba

Monson Savings Bank has retained its original name and home city for 150 years, a rarity in the banking world.

He’s presently training with long-time friend and Ironman coach Kevin Moloney, who took the 60-mile ride with him. He’s also mapping out a course, one that will essentially take him on the 60-mile loop twice, with an additional loop, totaling 30 miles, tacked on.

As he said, it’s a work in progress when it comes to planning the ride, choosing a beneficiary, and filling in other details. And this ride will, as noted, will be a capstone — along with a formal gala in September to be attended by employees, board members, and plus-ones (total guest list of … you guessed it, 150) — to what has been a full year of activities marking the bank’s milestone.

Recapping them, Caitlin O’Connor, vice president and Marketing officer, said there has been a wide variety of events and programs, from the burying of a time capsule to the commissioning of a painting of the bank’s first president, Charles Merrick; from a traveling historical display featuring antique currency to monthly $150 cash prizes; from the placing of a marker where the original bank building stood at the corner of Main and State streets in Monson to several build-a-bike initiatives, whereby bank employees have assembled and donated $15,000 worth of bicycles to several nonprofits in the area, including I Found Light Against All Odds, Educare Springfield, and the South End Community Center.

“We had a ‘Cheers to 150 Years’ event starting on March 19 to really kick things off; that’s was an employee event and the starting point,” O’Connor told BusinessWest. “And from then on, it just grew and took on a life of its own. We had very big ideas, and I’m happy to say that we made most of them happen — and very successfully.”

Collectively, these events and programs have punctuated the bank’s place in the community — literally, as with the marker placed at the original bank location, but also figuratively, as a community bank that is very much involved in the cities and towns where it has locations, and the region as a whole, Rouette noted, adding that the 150th anniversary has been a great vehicle for making introductions, forging new relationships, and reinforcing existing ones.

“What a great way to walk into a nonprofit that you’re hoping to bring into the bank or a commercial or residential customer,” he said of the celebration and everything that it conveys about the bank, its history, its stability, and a future that will look very much like the present and the past.

“It’s an opportunity to give them your story — who you are, what you’re about, and your overall legacy,” he went on. “People want to do business with people that have been around, that are part of the community — not just here today and gone tomorrow, but institutions that are truly the cornerstone, the bedrock of the area.”

 

The Ride Stuff

That word ‘area’ has taken on new meaning for MSB since its last major anniversary — its 100th, in 1972 — and especially since 1998.

It was during that year that the bank opened its first location outside of Monson, a branch in Hampden. Five years later, a third branch was opened in Wilbraham, and new locations were added in Ware in 2103 and East Longmeadow in 2020. During that same memorable year, MSB’s Loan and Operations Center moved to a state-of-the-art facility in Wilbraham.

‘Build a Bike,’ where employees assemble bikes and donate them to area charities

The 150th celebration has featured a number of programs and events, including ‘Build a Bike,’ where employees assemble bikes and donate them to area charities, in this case, I Found Light Against All Odds.

With these moves, the bank is now serving a much broader area and becoming more involved in the region’s unofficial capital, Springfield, and serving a broader demographic mix of commercial and residential customers, said Dina Merwin, senior vice president and chief risk and senior compliance officer for the bank.

“We’ve well beyond the towns in which we have branches, and so we recognize that we want to reach all potential customers in our market,” she explained. “We recognize also our desire to include financial inclusion in reaching all potential customers in our market, whether that cuts across lines of income levels, race, ethnicity, and any other basis.

“Many of our recent events were focused in the Springfield area,” she went on, “while we continue to support and celebrate all the communities in which we are committed. We also recognize that there have been some demographic shifts in our market area in age and different types of population, so it’s important for us to recognize that and make sure we’re inclusive in all our efforts.”

While the area being served by the bank has changed, the name over the growing number of doors hasn’t, said Moriarty, noting that his institution, unlike many others, has chosen to keep the name of the community where it began as part of the brand, as well as that word ‘Savings.’

“I think the recession will be short and challenging, but I think Monson Savings and other banks are positioned well to weather, manage, and help customers through this period.”

“We’re going against the grain on that in some respects,” he noted. “Mike and I met with the board of directors during a strategic planning session, and we feel that the reputation that the bank has built the past 150 years does mean something, and we believe it’s recognizable in the community. We want to leverage that from a standpoint of legacy — Monson itself, where it all began — and then ‘Savings’ connoting security and trust, even though we feel we are a commercial player in the market.”

Indeed, while celebrating its 150th anniversary in all those ways mentioned above, MSB has also been carrying on with business, said Moriarty, noting that it has been a solid year in many respects, despite a sagging economy, with continued growth in commercial lending and, overall, a $30 million increase in total assets, bringing the bank near the $650 million mark.

“We’re working to strengthen existing relationships while also fostering new ones across the board, from individuals to businesses,” he said. “We’re trying to help them navigate where this challenging environment is going.”

On the commercial-lending side of the ledger, an already competitive landscape has become even more so as rates start to edge up, said Rouette, adding that many businesses are being more cautious amid general uncertainty about where the economy is headed and, overall, a decline in confidence.

“You’re seeing a bit of a slowdown, especially as people hear of the inflationary environment we’re in,” he went on. “People are pushing back potential projects that they have; maybe they were going to start in the third quarter or fourth quarter of this year, and now they’re saying, ‘let’s pump the brakes a little bit and possibly look at next year and see where we land from a rate standpoint and with the economic environment.’

“We had a great first and second quarter,” he went on. “But when you’re out talking to customers, you can hear the apprehension and cautious tone of voice that business owners are using right now.”

Moriarty concurred, and noted that a recession is now more likely than not, in his opinion, and this will add to the many challenges business owners and managers are currently facing.

“I think the recession will be short and challenging,” he said, “but I think Monson Savings and other banks are positioned well to weather, manage, and help customers through this period. And once the Fed gets control of inflation and the employment market evolves a little bit, we’ll see some improvement.”

Looking ahead, and toward creation of a new strategic three-year plan for the bank, Moriarty said a number of topics will be considered, including the need to be more “customer-centric versus product-centric,” as he put it.

“That means that we have to make sure we’re creating frictionless opportunities and delivery systems that make it easy for customers to manage their banking,” he explained. “That includes digital banking; we know we have cutting-edge products now, but we know things are going to change drastically in the next three to five years, so we have to make sure we’re positioned to give those offerings to our customers.

“Artificial intelligence will come more into play in the next three to five years,” he went on. “The usefulness or the quickness with which we can do data analysis of what our customers have and what they need will be important. Customers want to have things at their fingertips; they want to maximize and analyze their financial situation and be able to look forward and make good decisions.”

As for possible geographic expansion, Moriarty said there are many possibilities, and he’s not ready to talk about any of them.

He did say that the consensus among experts in the industry is that the recent pattern of consolidation within the sector will continue, leaving opportunities for smaller, community banks like Monson Savings.

“We feel that we benefit from other mergers and acquisitions because we’ve been around for so long, and we know that where there’s shakeup, there’s also opportunity,” he said. “We’re going to keep an open mind to that.”

 

Going the Last Mile

Returning to the subject of his planned bike ride, Moriarty joked that now that he’s started to talk about it, he’s pretty much committed to doing it.

He’s training two or three times a week with Moloney and looking at a number of options for which charity or charities (probably the latter) he will be fundraising for.

It’s been a while since he’s taken part in an Ironman competition or even a marathon — he’s run in several of those as well, including Boston a number of times. But he said it’s like … well, riding a bike. Not really, but close.

In any case, like the institution he now leads, he’s proven that he’s in it for the long haul — as in the very long haul: 150 miles for him, 150 years for the bank.

They’ve both put the pedal to the mettle.

 

George O’Brien can be reached at [email protected]

Daily News

MONSON — 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 Giving Initiative, where the public was given the opportunity to cast their votes to support their favorite local charitable organizations.

“Monson Savings Bank is extremely proud to donate to the Springfield Shriners Hospital for Children. We know that our donation will support the patient care, medical research, and education that directly benefits children living in local communities,” Moriarty said. “It is essential to have a nearby hospital that parents and guardians can turn to when their child needs specialty care.

“Shriners helps to alleviate a great deal of stress that comes along with their child’s care by making treatment available in one location, and care provided to them regardless of their ability to pay,” Moriarty added. “We are blessed to have this hospital in our community, and Monson Savings Bank is very pleased to support the excellent care provided every day.”

Perlmutter added that “we are very grateful to Monson Savings for their continued support of the Springfield Shriners Hospital for Children. Monson Savings Bank’s loyal generosity over the years has contributed to our patients receiving the best quality care, which ultimately transforms their quality of life. The Springfield community is so fortunate to have a local bank committed to supporting our communities and our hospital.”

Daily News

MONSON — Monson Savings Bank’s 150th anniversary celebrations began earlier this year and will continue throughout the year. Most recently, to carry on the commemoration of the bank’s sesquicentennial, employees joined together to bury a time capsule that will be excavated and opened in 25 years at the bank’s 175th anniversary in 2047.

It was a team effort to determine which items would be included in the time capsule. The 150th anniversary committee reached out to the all employees of the bank to get their feedback on which items should be added. Some of the items included were photos, business cards, brochures, a piggy bank, letters, deposit slips, 150th-anniversary articles, and, of course, Monson Savings branded masks and hand sanitizer.

Dan Moriarty, president and CEO of Monson Savings Bank, led the crew to the time capsule burial location for a brief ceremony.

“We thought burying a time capsule would be a unique way for us to commemorate this momentous occasion of Monson Savings Bank turning 150 years old,” he said. “It gave us an opportunity to think about the future and those who may be opening this capsule in 25 years at our 175th anniversary. We all feel honored to be a part of the Monson Savings legacy. We carefully thought about the items and messages we would want to share with future generations of the bank.”

“There is so much history behind Monson Savings Bank — a 150-year history of making a difference for the residents, businesses, and communities we serve,” added Michael Rouette, executive vice president and chief operating officer. “It was exciting to be together adding items to the time capsule and discussing the bright future we all believe is ahead for Monson Savings Bank.”

Daily News

MONSON — Monson Savings recently marked its 150th anniversary by unveiling a historical marker at the original location of Monson Savings Bank in Monson. Massachusetts.

The event took place on June 1, a day chosen since it was the first day Monson Savings Bank accepted deposits in 1872. Guests gathered nearby the Monson Town Offices, where the original granite building stood that housed Monson Savings Bank at its incorporation in 1872.

A granite block from the original building reading “BANK” was expertly placed at the base of the historical bronze plaque marker located on a pole. Surrounding the display was a new landscaped area.

To begin, Dan Moriarty, President and CEO of Monson Savings Bank, addressed the guests, thanking them for joining. He read aloud the text on the plaque which remained concealed with a custom-made cover.

Moriarty read aloud, “In the mid 1800’s demand for banking service(s) became essential in Monson, Massachusetts due to the flourishing population, industries, and retail establishments. To afford working men and women an opportunity to save, Monson Savings Bank was incorporated on March 27, 1872, enacted by the Senate and House of Representatives. At this location stood a small, granite banking house on the corner of Main and State Streets that housed the home of the local community bank.”

Daily News

MONSON — In the spirit of its 150th Anniversary, Monson Savings Bank announced earlier this year that it will be launching its 150 Build-a-Bike campaign. The community bank has purchased more than $20,000 worth of bikes to donate to local children and they have partnered with various non-profits in the area to host Build-a-Bike events throughout the year. Most recently, Monson Savings delivered 10 bikes and 10 helmets to YWCA of Western Mass. 

Elizabeth Dineen, executive director of YWCA of Western Massachusetts Executive Director, and her team, welcomed Monson Savings Bank members to the YWCA campus. She expressed gratitude for the bank’s generosity and commented on the impact they are making in Western Massachusetts. 

“We are so happy Monson Savings Bank reached out to invite us to be a part of this wonderful campaign,” she said. “We are so thankful that Monson Savings is giving us bikes for our YWCA campus, allowing children using our services to enjoy some carefree time riding a bicycle. The continued support that the bank provides to Springfield and the surrounding communities is truly amazing.” 

Members of the Monson Savings team delivered the bikes that they helped to assemble with Ray Plouffe, owner of Family Bike Shop in East Longmeadow. Many members of the team expressed feelings of gratitude and a sense of fulfillment after building and delivering the bikes. 

“All of us were very excited to come together for the YWCA Build-a-Bike event. Our team had a great time getting to know the YWCA team and confirming our knowledge about all of the incredible ways they help those in need,” said Dan Moriarty, President and CEO of Monson Savings Bank. “Plus, it was wonderful to deliver the bikes and hear how the YWCA plans to make a safe, designated area for children to enjoy the bikes as they receive support from the organization.” 

Throughout the summer, Monson Savings Bank will also partner with I Found Light Against All Odds and the Springfield Housing Authority, South End Community Center, and Educare Springfield to host more 150 Build-a-Bike events, continuing to spread happiness to children and families throughout the area. 

To learn more about Monson Savings Bank’s 150th anniversary, the bank’s historical timeline, and to view a full schedule of events visit www.monsonsavings.bank/anniversary 

Daily News


MONSON — Monson Savings Bank’s East Longmeadow Branch will host a Community Shred Day from 9 a.m. to noon on June 4. 

Monson Savings is partnering with PROSHRED of Wilbraham for this event. The goal of this event is to educate the public on the importance of protecting personal information in order to aid the safety of the community. 

People are welcome to safely and securely dispose of their private documents such as tax returns, bank or credit card statements, bills, medical records, and more. This event is free and open to the public. Pre-packaged refreshments will be available at the event, while supplies last, as well as giveaways for guests. 

For more information, visit Monson Savings Bank’s Safety and Security blog on their website, www.monsonsavings.bank. 

Daily News

MONSON — Monson Savings Bank announce the election of five new corporators. At the Bank’s recent annual meeting, it was announced that Nikki Burnett, Cesar Ruiz, John Zienowicz, Ciara Speller, and Christian D’Amour had been elected by existing Corporators.  

 

“We are pleased to welcome our new Corporators to the Monson Savings Bank family. These successful and well-regarded professionals will certainly lend their experience and expertise to add value to the Bank,” said Dan Moriarty, Monson Savings Bank president and CEO. “Our corporators’ values align with ours. They are invested in the wellbeing of our local communities because, like Monson Savings, they are a part of these communities. We are confident in the guidance that they will offer us as Corporators. They will undoubtedly support the bank in better serving our communities.” 

 

Burnett is the executive director of Educare Springfield. She also sits on national committees for the Educare Learning Network, such as the Educare Policy Work Group, the Collaborative Fundraising Advisory Board, and the Red Nose Day Advisory Board. Additionally, she is a trustee for the Community Foundation of Western Mass., and serves on the Distribution Committee as co‐chair; the Diversity, Equity, and Inclusion subcommittee; and the Executive Committee. She is also a member of the Baystate Community Benefits Advisory Council. 

 

Ruiz is the founder, president and CEO of Golden Years Home Services.He was the first Hispanic popularly elected official in the Commonwealth of Massachusetts, serving on the Springfield School Committee from 1980-1986. Prior to founding Golden Years, he worked in banking at Region’s Bank. He was recently recognized as one of business’s most influential Latinos by Hispanic Executive magazine. 

 

Zienowicz is the executive director of the Ware Council on Aging. Furthermore, he sits on the board of directors for the Quaboag Hills Community Coalition, the Ware Cable Access Television, and the Advisory Board for BHN Carson Center. He is a member of the Bay State Eastern Region Community Benefits Advisory Board, the Quaboag Region Coordinating Council, and the Quaboag Hills Substance Use Alliance. 

 

Speller is a well-known weeknight news anchor for Channel 22 WWLP. She serves as a board member for local nonprofit I Found Light Against All Odds, is a member of the National Association of Black Journalists, volunteers for the Miss Western Massachusetts Scholarship Assoc., and is a panelist for Girls Inc. of the Valley. Additionally, she was the recipient of the “Leadership in Broadcasting Award” from Bay Path University in 2019 and a 2021 Boston/New England Regional Emmy Winner. 

 

D’Amouris thedirector of E-Commerce at Big Y World Class Market and a third-generation member of Big Y Foods’ founding D’Amour family. Prior to working at Big Y, he worked at Delta Dental of Rhode Island as a sales and marketing representative. Additionally, he holds a B.A. from Saint Michael College. 

Daily News

MONSON — Monson Savings Bank’s Monson branch will host a free Community Shred Day on Saturday, April 16 from 9 a.m. to noon. As in past years, Monson Savings Bank is partnering with PROSHRED of Wilbraham for this event. The bank will welcome the public to safely and securely dispose of their private documents on site.

Storing documents that contain personal information in the home can pose a serious security risk. Monson Savings Bank is encouraging local residents to shred any documents they no longer need, especially those that contain private information. The bank’s free Community Shred Day is a chance to do some spring cleaning and properly discard unwanted documents, such as tax returns, bank or credit-card statements, bills, medical records, and more.

“Our Community Shred Days are always a very popular event,” said Wil Morales, Monson branch manager and Retail Banking and Security officer. “These events … bring the community together while also promoting safety and security. We look forward to hosting this event.”

The bank’s Monson branch is located at 146 Main St. Prepackaged refreshments and giveaways will be available at the event, while supplies last.

Daily News

MONSON — As it gets ready to celebrate its 150th anniversary, Monson Savings Bank (MSB) announced ways it is sharing the celebration with customers, employees, residents, local businesses, nonprofits, and the entire community.

Monson Savings Bank’s anniversary pmarks 150 years of helping consumers and businesses reach their financial goals, supporting local nonprofits, and contributing to the overall progress of the local area. Additionally, the anniversary commemorates 150 years of MSB being a true mutual, independent bank — one of few left in Massachusetts to not merge and remain mutually independent over the past century and a half.

“All of us at Monson Savings Bank are incredibly proud of achieving 150 years of being a trusted, local, community bank,” said Dan Moriarty, president and CEO of the institution. “We have worked hard to remain mutually independent, free of mergers, and it is elating to reach this milestone and celebrate our 150th anniversary with everyone.

“Without our dedicated team members and the support of our customers and communities over the years, this would not be possible. We are eternally grateful,” he added. “Now we are ready to celebrate, and then serve the local area for another 150 years.”

To officially kick off the 150th anniversary plans, Monson Savings Bank team members will join together at a “Cheers to 150 Years” event on Saturday, March 19. Then, March 28 through April 2, the bank will celebrate with its customers, local businesses, and communities during its 150th Anniversary Week celebrations. All those who visit a branch, whether through the front door or through drive-up, will be welcomed with a planned schedule of excitement throughout the week.

As a throwback to the Monson Savings Bank grand reopening event in 1966, the bank will also have ‘then and now’ grand-prize drawings, with winners being announced at the culmination of Anniversary Week.

To extend the festivities, each month from March through December, MSB customers will be automatically entered for a chance to win a monthly $150 cash prize. At the end of the month, a winner will be drawn and announced.

To further commemorate the anniversary and accomplishments of the bank, MSB will unveil a historical plaque at both the original bank building at Main and State streets and at the current Monson branch. At the unveiling ceremony, team members will fill a time capsule with mementos, artifacts, and reminders of the year 2022. The capsule will be buried at the Monson branch during the ceremony and will be excavated at the bank’s 175th anniversary in 2047.

To learn more about the anniversary, the bank’s historical timeline, and a full schedule of events, visit www.monsonsavings.bank/anniversary.

To further honor the 150th anniversary, the bank is pledging to show extra support to nonprofits and have an extra level of community participation throughout the year. This will be in addition to the typical nonprofit support and community participation MSB offers each year.

For example, Monson Savings Bank will launch a Build a Bike Campaign, purchasing more than $15,000 worth of children’s bicycles and helmets from the Family Bicycle Shop in East Longmeadow. Bank team members will then partner with five local nonprofits — YMCA of Greater Springfield, YWCA of Western Massachusetts, I Found Light Against All Odds, Educare Springfield, and the South End Community Center — to assemble the bikes for local children.

The bank will be a major sponsor of Spirit of Springfield’s World’s Largest Pancake Breakfast taking place on Saturday, May 14, as well as hosting its annual Shred Days and supporting various other large-scale community events throughout the year.

Daily News

MONSON — Monson Savings Bank provides $28,000 in scholarships to local graduating high-school seniors annually. The bank’s 2022 scholarships are now available to graduating seniors in the Monson, Ware, Hampden-Wilbraham, and East Longmeadow school districts. The purpose of the Monson Savings Bank scholarship is to promote the attainment of higher education for graduating seniors who reside within the communities the bank serves.

“Monson Savings Bank is always proud to be an integral part of its greater community,” said Dan Moriarty, Monson Savings Bank president and CEO. “Providing local high-school graduates with scholarships to help them with the cost of continuing their education is just one of the ways we demonstrate this. We are happy to help these hard-working young people continue their education and find success in this next chapter of their lives.”

To qualify, graduating seniors must be planning to attend an accredited college, technical school, or certification program.

Scholarship awards will be based on the applicant’s financial need, academic performance, and extracurricular activities. A candidate for this scholarship should have also demonstrated a commitment to their community. In addition to an application, applicants should include an essay outlining the service that they have generously given to their community and the impact achieved through this contribution.

If students are interested in applying for the Monson Savings Bank scholarship, they should contact their high-school guidance department for an application. The deadline for application acceptance is April 5.

Daily News

MONSON — Monson Savings Bank’s team members donated $8,880 to various local nonprofits in 2021 through the bank’s Team Giving Initiative Friday (TGIF) program.

“One of our most prominent principles here at Monson Savings Bank is supporting the communities that the bank serves,” said Dan Moriarty, president and CEO of Monson Savings Bank. “Western Massachusetts is not only the bank’s home, but home for many of our team members. We work here, live here, and raise our families here. We are invested in the well-being of the local landscape and ensuring that our neighbors’ needs are met.”

The $8,880 donated throughout the year was comprised of individual contributions to the TGIF program, through which employees elect to donate $5 out of each of their paychecks. The money raised is donated to employee-selected 501(c)(3) nonprofit organizations that support local communities.

“The TGIF program is just one example of our employees holding up the bank’s value of helping our neighbors in need,” Moriarty said. “I often refer to us as a team here at Monson Savings. The TGIF program is a true team effort. Participants of this program donate just $5 out of their pay, and each donation comes together to create a large impact.”

The TGIF program was launched in January 2015. Since its inception, Monson Savings Bank employees have donated a total of $45,170 to various charitable organizations.

Daily News

MONSON — The people have voted, and the results are in for the Monson Savings Bank (MSB) 2022 Community Giving Initiative. After MSB asked its community members to cast their vote for their favorite nonprofit, they did just that with great enthusiasm, submitting over 3,500 votes.

In total, 373 organizations were nominated. Now that the votes have been tallied, Monson Savings Bank is donating a total of $15,000 to the top 10 vote recipients to stay true to their longstanding mission of supporting of local communities.

“Each and every origination is a well-deserving nonprofit, and it is clear why they were chosen by our community members,” said Dan Moriarty, president and CEO of Monson Savings Bank. “Each nonprofit provides tremendously valuable resources to our communities and their residents.”

The 2022 Monson Savings Bank Community Giving Initiative recipients include Academy Hill School Scholarship, Behavioral Health Network, I Found Light Against All Odds, Miracle League of Western Massachusetts, Shriner’s Hospitals for Children, and Women’s Empowerment Scholarship, all based in Springfield; Rick’s Place and Wilbraham United Players, both based in Wilbraham; Link to Libraries Inc. of Hampden; and Monson Free Library in Monson.

This was the 12th year of the Monson Savings Bank Community Giving Initiative, and public participation has grown throughout the years.

“All of us at Monson Savings Bank are so happy to have such a passionate involvement from the public year after year through our Community Giving Initiative. We love working directly with the community and giving members a voice to ensure that the nonprofits that make a positive impact in our communities are recognized and supported,” said Michael Rouette, executive vice president and chief operating officer. “As a local, community bank, we are committed to doing whatever it takes to support our customers, businesses, and communities. We understand that these charitable organizations have the power to truly make a difference for our neighbors. Thank you for casting your votes.”

Daily News

MONSON — Monson Savings Bank announced the recent promotion of Catherine Rioux to commercial portfolio officer. She will be based out of the Monson Savings Bank Loan & Operations Center at 75 Post Office Park in Wilbraham.

“We are very fortunate to have Catherine on our team here at Monson Savings Bank,” said Dan Moriarty, the bank’s president and CEO. “During her time here, Catherine has demonstrated true commitment, helping our customers and her fellow employees achieve success. Additionally, she has assisted many business owners with achieving their financial goals. We are all very excited to see what the future has in store for Catherine in her new role.”

Rioux is very involved in the local communities. She is a member of the Ludlow Rotary Club and the Monson High School scholarship committee, and volunteers with local organizations, including St. Patrick’s Church and I Found Light Against All Odds.

Rioux is a graduate of Western New England University, where she earned a bachelor’s degree in business administration. She is also a graduate of the New England School of Financial Studies and the Springfield Regional Chamber Leadership Institute.

Rioux has had the unique opportunity of working in many departments of the bank, gaining vast knowledge of the industry. In 2006, she started her career with Monson Savings Bank as a high-school intern in the Human Resources department. When her internship ended, she accepted a position as a receptionist, shortly after moving to the Retail department. In 2013, she joined the Residential Lending department as a residential loan servicer. In early 2015, she accepted a position in the Commercial department as a commercial loan servicer. She thrived in this department and would go on to become a junior credit analyst before being promoted to credit analyst. Prior to this most recent promotion, she served as commercial portfolio manager.

With more than 15 years of banking experience, Rioux has the knowledge to serve Monson Savings Bank’s commercial borrowers. As commercial portfolio officer, she will work directly with the bank’s commercial loan officers to help borrowers secure financing for their business. She will assist throughout the entire lending process, from origination to closing and beyond.

“I am grateful for the opportunities that I have been provided with throughout my career at Monson Savings Bank,” said Rioux said. “In my new position, I am very much looking forward to developing and enhancing relationships with individuals and businesses in the local communities that we serve. I am excited to continue to grow with Monson Savings.”

Daily News

MONSON — Monson Savings Bank recently announced the hiring of William Toth as branch manager of the East Longmeadow location at 61 North Main St.

“Bill is a welcomed and valuable addition to the Monson Savings Bank team,” said Dan Moriarty, president and CEO of Monson Savings Bank. “Bill has extensive experience in retail banking, and I am confident that his experience and knowledge will contribute to satisfaction of our customers and the overall success of the bank.”

Toth will be assisting customers with all of their banking needs, including loan applications and closing needs of borrowers. Additionally, he will be responsible for planning, organizing, and directing branch operations, as well as fostering an environment of teamwork.

Toth has been in the banking industry for 26 years, with his experience in retail banking spanning 19 of those years. He most recently served as branch manager of Arrha Credit Union’s West Springfield location. There, his responsibilities were to oversee the day-to-day operations of the branch, while assisting new and current members with their financial and banking needs. He assisted members with consumer-loan applications, credit-card requests, and home-equity line of credit questions and document closing. He served as the primary resource to employees and oversaw the training of new and current branch staff.

Toth has strong roots in the local communities, and is involved with the West of the River Chamber of Commerce, East of the River Five Town Chamber of Commerce, and the Security & Loss Prevention Assoc. He is a graduate of Springfield Technical Community College with an associate degree in business administration.

“I am completely humbled and honored to be the newest addition to the Monson Savings Bank team, and I am greatly appreciative that I have been given the opportunity to show my skills, knowledge, and expertise for this great financial institution,” Toth said. “I am extremely excited to be part of the East Longmeadow branch and its surrounding communities. I will make every effort to oversee its success in growth and prosperity.”

Daily News

MONSON — With the season of giving right around the corner, Monson Savings Bank (MSB) is reaching out to the public and requesting they submit their votes for the bank’s 2022 Community Giving Initiative.

For more than a decade, MSB has been seeking the help of the community to plan the bank’s community-giving activities by inviting members of the community to vote for the organizations they would like the bank to support during the upcoming year. Everyone is welcome to participate and can cast their vote online by clicking here.

Voters may provide the names of up to three organizations they would like the bank to donate to in 2022. The only requirements are that the organizations be designated a nonprofit and that the organizations provide services within the bank’s geography. To be fair, the bank is requesting that each person vote only one time for their three organizations. Voting ends on Friday, Dec. 31 at 3 p.m.

Monson Savings Bank pledges to support the top 10 organizations that receive the most votes. The 10 organizations will be announced by mid-January, and donations will then be distributed.

Visitors to the voting page can also view a compiled list of organizations the bank has supported in years past, as well as previously nominated organizations.

“We are excited to open up voting for our 2022 Community Giving Initiative. Every year, we get such an overwhelmingly positive response from the local community members,” said Dan Moriarty, president and CEO of Monson Savings Bank. “Monson Savings Bank donates thousands of dollars to support the members of our communities. By holding a vote and gathering input from locals, we can ensure that the communities’ most beloved charitable organizations will be supported. It is a fantastic tradition that we are proud to continue year after year.”

Daily News

MONSON — Monson Savings Bank recently donated $1,000 to the town of Monson’s Christmas lights display to honor the hard work and long careers of John Malo and John Morrell.

Malo recently was recognized by the town of Monson for his 50 years of service to the town’s post office, and he has no plans to retire. On July 23, family members, friends, and town residents gathered together at the Post Office to celebrate his long and successful career.

In November 2020, Morrell celebrated 53 years of service to the Monson Highway Department as the Monson highway surveyor. He started his career with the town in 1968 as a truck driver and spent many years working hard to keep the townspeople safe.

“I’m homegrown in Monson, so I have grown up around these two and have been a witness to their hard work. Both men have demonstrated superior service and dedication to our town,” said Dan Moriarty, Monson Savings Bank president and CEO. “The bank is very thrilled to be able to present this donation to the town in their honor. When this year’s Christmas lights go up around town, we will all be reminded of them and their longtime devotion to the town of Monson.”

Both Malo and Morrell said they are grateful to the bank for making this donation to the town they have enjoyed serving for so many years.

Daily News

MONSON — Monson Savings Bank announced it will donate $100,000 to the Food Bank of Western Massachusetts to support people who struggle with food insecurity.

Monson Savings Bank President and CEO Dan Moriarty recently attended the Food Bank’s capital-campaign kickoff at the Chicopee Moose Lodge, where he joined Andrew Morehouse, executive director of the Food Bank of Western Massachusetts, and Erica Flores, president of the Food Bank’s board of directors, to present the donation.

Monson Savings Bank was a major charitable donor to the Food Bank’s capital campaign, which is focused on gathering funding for the new Chicopee facility that will serve as its future headquarters. The Food Bank is aiming to raise $22 million to help fund the new headquarters, set to open in 2023. It has surpassed the halfway mark, raising $12 million so far. Monson Savings Bank’s $100,000 contribution to the project helps the Food Bank reach its goal of providing essential services in an area that is most accessible to those facing food insecurity.

“Monson Savings Bank is a proud supporter of the Food Bank of Western Massachusetts. It is with great pride and happiness that we make this donation to help fund their new facility,” Moriarty said. “The Food Bank of Western Massachusetts is a pillar in our communities. They help so many of our neighbors, giving them access to a basic need by providing them with meals. The new facility will help them to expand their reach and better serve those who rely upon them for survival.”

Daily News

MONSON — Monson Savings Bank announced the election of five new corporators. At the bank’s 2021 annual meeting last month, it was announced that Stefan Davis, Brendan Greeley, Erica Nunley, Rebecca Smith, and James White had been elected by existing corporators.

“We are very happy to welcome our new corporators to our team. They are successful and well-regarded professionals in the local communities we serve. Their experience and expertise will certainly add value to the bank,” said Dan Moriarty, Monson Savings Bank president and CEO. “Our corporators value the local communities because they are a part of them, just like Monson Savings Bank is. Our values align. We are confident in the guidance and insight that they will offer us. They will undoubtedly help Monson Savings Bank to better serve our communities.”

Davis is president and CEO of I Found a Light Against All Odds, a Springfield-based nonprofit that works with at-risk youth to address social, emotional, and economic issues they may be facing. He is also an educator in the Springfield public school system.

Greeley is president of R.J. Greeley Co. Inc., a real-estate firm located in Springfield that specializes in commercial and industrial real estate. He is also the vice president of the board of directors for the East Longmeadow Educational Endowment Fund.

Nunley is a Realtor leading the Nunley Group at Keller Williams Realty. She is also a member of the Greater Hartford Board of Realtors, the National Assoc. of Realtors, the Massachusetts Assoc. of Realtors, and the Massachusetts Landlord Assoc.

Smith is a Realtor on the Neilsen Team at Keller Williams Realty. In 2012, she was named a KW Cultural Icon for her dedication to giving, knowledge, kindness, and service to others. She is a member of the Board of Realtors, co-founder of Massachusetts Ride for the Ribbon, and a licensed horseback-riding instructor.

White is the President of Go Graphix, an East Longmeadow business that specializes in architectural graphics, signs and films, vehicle wraps, and more. He sits on various committees and boards, contributing to the East of the River Five Town Chamber of Commerce, East Longmeadow Bike Path, Springfield Performing Arts Development Corp., and LPVEC CareerTech & Putnam Vocational School advisory committees.

Daily News

MONSON — Monson Savings Bank recently announced it awarded $28,000 in scholarships to 14 graduating seniors of local high schools.

On June 23, the bank held a scholarship ceremony at its corporate office in Monson. This event provided refreshments, opportunities for bank staff to meet the students and their parents, presentation of the scholarship checks, and a gift for each scholarship recipient to take with them on their educational journey.

Monson Savings Bank awarded $2,000 scholarships to the following recipients:

Joseph Angelica, Cameron Boucher, Abigale Bridges, Camille Lobik, and Zackery Wysk (Monson High School); Shaun Buteau, Carlie Simpkiss, and Peter Wurszt (Minnechaug Regional High School); Lillie Hellyer, Ariana Nevins, and Olivia Watson (East Longmeadow High School); and Myles Francis McGrail, Lexie Orszulak, and Olivia Vadnais (Ware High School).

“All of us at Monson Savings Bank are incredibly proud of these students for the fortitude they have shown over these unique past years,” said Dan Moriarty, the bank’s president and CEO. “We are thrilled to be able to offer these brilliant students with financial support so they can pursue their education. This is the beginning of an amazing ride for these graduates, and we hope they will stay in touch, sharing updates on their educational journey. We know they will accomplish remarkable things.”

Daily News

EAST LONGMEADOW — Monson Savings Bank’s East Longmeadow Branch announced it will host a free Community Shred Day on Saturday, June 26 from 9 a.m. to noon. As in past years, the bank is partnering with PROSHRED of Wilbraham for this event. The bank welcomes the public to dispose of their private documents safely and securely.

Storing documents that contain personal information in the home can pose a major security risk. Monson Savings Bank is encouraging residents to shred any documents they no longer need, especially those that contain private information. This Community Shred Day is an ideal chance to properly discard unwanted documents, such as tax returns, bank or credit-card statements, bills, medical records, and more.

“The East Longmeadow branch has been open for almost a year now; we have really enjoyed being a part of the town’s community,” said Aimee Kohn, branch manager. “We are very excited to host our branch’s first Community Shred Day. We prioritize protecting the personal information of our customers and community members. Every day, our employees, in every department of the bank, do everything they can to keep the information of our customers and noncustomers safe. Our Shred Day gives the community the opportunity to safely gather together at a fun event, while providing them with a convenient and secure way to destroy their documents.”

Pre-packaged refreshments and giveaways will be available at the event, while supplies last.

Daily News

MONSON — As part of its efforts to support the health, happiness, and overall well-being of local children, Monson Savings Bank has embraced Shriners Hospitals for Children – Springfield as a continued community partner, with MSB making its second donation to the children’s hospital this year.

Monson Savings Bank President and CEO Dan Moriarty met with Stacey Perlmutter, director of Development for the hospital, and special guest Fezzy Bear, the Springfield Shriners’ adored ambassador, to present the bank’s $1,500 donation to the Shriners’ Putting for a Purpose Mini Golf Tournament.

While visiting MSB’s East Longmeadow branch, Fezzy Bear did what he does best, spreading joy and cheerfulness to those around him. He made his introductions and took photos with staff and customers visiting the location. He even happily waved to passing traffic in front of the branch on North Main Street.

“To say that Monson Savings Bank is proud to support Springfield Shriners Hospital would be an understatement,” Moriarty said. “Shriners provides sick and suffering children the medical attention they need and parents and guardians a nearby hospital to trust in. We are honored to support Springfield Shriners Hospital; the work they do is incredible.”

Shriners Hospitals for Children – Springfield is a pediatric hospital that specializes in treating orthopedic conditions, burns, spinal-cord injuries, urology, cleft lip, and cleft palate. The children’s hospital offers both inpatient and outpatient levels of care, with services including rehabilitation, fracture care, and sports health and medicine.

Shriners provides treatment to children regardless of families’ financial capabilities and relies on donations from events, like its fund-raising Putting for a Purpose Mini Golf Tournament, to provide expert care to children. This year’s event is set to take place Sept. 9-11 at Stony Falls Miniature Golf at McCray’s Farm in South Hadley. More information about the fundraiser and an opportunity to contribute to the hospital can be found by clicking here.

Daily News

MONSON — Monson Savings Bank announced the recent hire of Jason Berry as vice president and commercial loan officer.

“We are very happy to welcome Jay to the Monson Savings Bank team,” said Dan Moriarty, the bank’s president and CEO. “Jay has extensive banking experience and has been a commercial lender within our local market. He is extremely knowledgeable in his field and has a strong customer-service background. I am confident he will be a major asset to the bank and our business customers searching for commercial-lending solutions.”

In his new role, Berry will focus on providing customized, sensible lending and deposit solutions to businesses. He will assist in the maximization of cash flow and bringing the full scope of the bank’s products and high-tech services to the businesses he serves. He will also introduce business partners, who are experts in their field, to support businesses.

Berry graduated from Westfield State University with a bachelor’s degree in political science after earning his associate degree in liberal arts at Holyoke Community College. He brings more than 15 years of banking and financial experience to Monson Savings Bank. He most recently held the role of vice president, Business Banking relationship manager at People’s United Bank.

Berry is active in the community, offering support to various local charitable organizations and engaging with local chambers to support the local business community. He enjoys volunteering and has given his time to the Food Bank of Western Massachusetts, Susan G. Komen, United Way, and Junior Achievement. Additionally, he is a member of the East of the River Five Town Chamber of Commerce and West of the River Chamber of Commerce.

“To say that I am thrilled to be part of Monson Savings Bank is an understatement,” Berry said. “My entire career has been focused on doing the right thing for my customers and being responsive to any and all questions and inquiries. I’m passionate about advocating for businesses and helping them evolve by providing candid, strategic, and sensible solutions. I look forward to being a dependable ambassador for Monson Savings and an extension of support for our business customers.”

Daily News

MONSON — Monson Savings Bank announced it will host five of its popular, free Community Shred Days in 2021, and all are welcome. The events, one Shred Day taking place at each branch location, have been scheduled to begin on March 27, with the last on Aug. 7.

As in past years, Monson Savings Bank is partnering with PROSHRED of Wilbraham for this series of events welcoming the public to discard their documents in a safe and secure manner. This is a perfect opportunity to dispose of unwanted documents such as tax returns, bank or credit-card statements, bills, or medical records. Pre-packaged refreshments and giveaways will be available while supplies last. Health and safety protocols will be carefully followed. All visitors are asked to practice social distancing and will be required to wear a mask.

Monson Savings Bank’s free Community Shred Days will take place on the following dates and locations, all from 9 a.m. to noon:

• March 27, 15 Somers Road, Hampden;

• May 22, 136 West St., Ware;

• June 5, 100 Post Office Park, Wilbraham;

• June 26, 61 North Main St., East Longmeadow; and

• Aug. 7, 146 Main St., Monson.

“The protection of personal information and data is extremely important to us here at Monson Savings Bank, and we are happy to have partnered with PROSHRED to provide this complimentary opportunity to not only our customers, but to all community members,” said Dan Moriarty, president and CEO. “All are welcome to visit Monson Savings Bank and the PROSHRED trucks during the scheduled events, to bring their materials they would like to discard of securely.”

Daily News

MONSON — Monson Savings Bank announced the promotion of Paul Shepardson to digital systems officer.

“We are very happy to have Paul lead our digital banking team and for his continued growth with the bank. He has been instrumental in ensuring our customers receive the service and support needed in order to bank digitally,” said Dan Moriarty, president and CEO of Monson Savings Bank. “Digital banking services have become increasingly valuable and popular, especially in the last year. With Paul at the helm, we know that our customers will be well taken care of and that we will continue to be at the forefront of adoption when it comes to the latest and greatest digital services for our customers.”

In his role as digital systems officer, Shepardson is responsible for overseeing Monson Savings Bank’s electronic banking services and support. Additionally, he is responsible for staying up to date on cutting-edge and convenient digital banking options that could be offered to the bank’s customers.

Shepardson began his career in the banking industry with Monson Savings Bank 10 years ago. He initially worked as a customer service associate before being promoted to customer service representative. He later became the bank’s first business banking administrator and e-banking specialist. Since then, he has excelled in the electronic-banking department. He is a graduate of the New England School of Financial Studies.

“I am excited for what the future holds in regard to online banking technology and the many conveniences it will provide to our customers,” Shepardson said. “I am proud to be a member of the Monson Savings Bank team, for it is comprised of passionate, hardworking individuals who stop at nothing to ensure that the customer is nothing less than completely satisfied.”

Daily News

MONSON — Monson Savings Bank announced the hire of Caitlin O’Connor as vice president and marketing officer in the bank’s Marketing department.

“Caitlin’s extensive background in community-bank marketing is incredibly valuable to our customers and our entire team at Monson Savings Bank. She is invested in our customer- and community-focused approach as a local bank working to serve the financial needs of our area,” said Dan Moriarty, president of Monson Savings Bank. “I know she will be effective in communicating our high-quality customer service, our many product and services, and our convenient technology and tools. She is a great fit for the Monson Savings Bank culture, and we are happy to have her here.”

In her new role, O’Connor will oversee all aspects of the bank’s brand and business-line marketing, advertising, public relations, and communications efforts. She will also be responsible for establishing and implementing an effective, innovative, and comprehensive marketing plan that aligns with the bank’s vision, mission, values, and strategic goals.

O’Connor has been in the banking industry for 13 years and has 17 years of experience in the marketing and design industry. She is a graduate of Mount Ida College in Newton, now a campus of UMass Amherst. Prior to joining Monson Savings Bank, she held the role of vice president and marketing manager of North Brookfield Savings Bank.

“I am incredibly happy and proud to join Monson Savings Bank and continue my career with such a great community bank,” O’Connor said. “They have such a positive and elevating employee culture here that really is very special. They genuinely care about the well-being of their customers and the communities they serve and continually prove this through the attention, service, and support provided every day. I look forward to continuing to get to know the Monson Savings Bank team and exploring new ways we can help our customers throughout every life stage of their financial journey.”

Daily News

MONSON — Monson Savings Bank President and future CEO Dan Moriarty recently met with Hope Bodwell, library director of the Monson Free Library, to present a $1,000 donation of behalf of the bank. The donation was made following the public voting results of the 2021 Monson Savings Bank Community Giving Initiative.

“I am so happy to visit the Monson Free Library to deliver this donation. This organization makes a large-scale difference for all members in the Monson community by giving access to not only reading materials but many other valuable resources residents depend on,” Moriarty said.

The Monson Free Library is dedicated to serving the residents of Monson as a continually evolving and vital community resource center for all ages, focusing on community priorities, culture, and education through diverse collections, services, technology, and programming. The library, like many others, has made many adjustments during the pandemic. Those wishing to utilize the library’s resources should first visit monsonlibrary.com.

“This donation is extra special to us because the community voted and showed us how important the library is to them,” Bodwell said. “We are very grateful for the continued support that Monson Savings gives to the towns that it serves and for the votes submitted through the bank’s Community Giving Initiative.”

The donation will greatly benefit the Monson Free Library, she added, giving the public access to important and valuable library programs.

“The community voted, and the money will go back into the community in the form of library programs. Whenever we receive a donation like this one, it goes directly into developing programs for all ages, since programming is not in our budget and is funded through the generosity of our Friends of the Library, other partner organizations, and grants. Since it was so well-received in the past, it is our hope that we will be able to host another Patio Party later in the year.”

Daily News

MONSON — Monson Savings Bank (MSB) recently announced the promotion of Heather Arbour to the role of BSA officer and compliance manager.

“Heather is an amazing employee who has time and time again proven her commitment to the bank and ensuring we always remain in compliance with regulations,” Monson Savings Bank President Dan Moriarty said. “She is an asset to our team, and we can’t wait to see her growth continue with Monson Savings Bank.”

In her new role, Arbour is responsible for overseeing MSB’s Bank Secrecy Act and anti-money-laundering programs and ensuring compliance with banking regulations. Additionally, she manages the Retail Operations department.

Arbour has been with Monson Savings Bank for 13 years, previously serving in the role of compliance and BSA manager. She is currently enrolled in the New England School of Financial Studies and will be graduating in the spring from Springfield Technical Community College with a business administration degree.

A volunteer and co-treasurer for the Monson and Palmer Salvation Army and a dedicated parent volunteer for the Monson Parent Teacher Student Assoc., Arbour also serves on the Monson Savings Bank pandemic reopening preparedness committee.

“As I began my journey with Monson Saving Bank, I found that the bank had such a warm and inviting culture, not only within the community but with its employees as well,” she said. “I am so happy to continue to grow with Monson Savings Bank and work with the entire team here.”

Daily News

MONSON — After Monson Savings Bank asked community members to cast their votes for their favorite charitable organizations as a part of the Monson Savings Bank 2021 Community Giving Initiative, more than 3,400 votes were received.

Now that the votes have been tallied, Monson Savings Bank is donating a total of $15,000 among the top 10 vote recipients. In total, 200 organizations received votes.

“We express our heartfelt congratulations to the top 10 recipients of votes received through the Monson Savings Bank 2021 Community Giving Initiative,” said Dan Moriarty, president of Monson Savings Bank. “They are all well-deserved nonprofit organizations, and we can see why they were chosen by community members.”

The recipients include Women’s Empowerment Scholarship (Greater Springfield), Wilbraham United Players, Shriners Hospitals for Children – Springfield, Rick’s Place (Wilbraham), I Found Light Against All Odds (Greater Springfield), Academy Hill Private School Scholarship (Springfield), Scantic Valley YMCA (Wilbraham), Monson Free Library, St. Michael’s Players (East Longmeadow), and Link to Libraries Inc. (Hampden). This was the 11th year of the Monson Savings Bank Initiative.

“All of us at Monson Savings Bank are so happy to continue to receive such enthusiastic involvement through the Community Giving Initiative. We love working together with the public to ensure that the nonprofits that make a positive impact in our communities are recognized and supported,” Moriarty said. “As a local community bank committed to doing whatever it takes to support our customers, businesses, and communities, we understand how much of a difference these organizations can truly make for our neighbors.”

Daily News

MONSON — Monson Savings Bank announced the hire of Sabina Vegiard as vice president of Monson Savings Bank and financial advisor with Infinex Investments Inc.

“Sabina is a welcomed addition to the Monson Savings Bank team,” said bank President Dan Moriarty. “The guidance and support she provides to our customers to help them plan for their financial future is invaluable. I know she will help many customers moving forward to understand their financial situation and reach their goals.”

In her new role, Vegiard is responsible for helping customers to plan for their short- and long-term financial goals, including buying a home, paying for their children’s education, retirement, and life-insurance needs. She brings a wealth of knowledge and understanding to help her customers achieve their financial goals through strategic planning and tailored investment solutions.

Vegiard has been in the finance industry for 15 years, with her experience as a financial advisor spanning 10 of those years. She most recently served as vice president and branch manager at Key Bank, where her responsibilities were to manage the day-to-day operations of the branch and staff as well as act as financial advisor for six branch locations. She is a graduate of Trinity College in Hartford, Conn. with a bachelor’s degree in economics.

“My career has always been in the financial-services industry, and I look forward to continuing on that path as I provide financial guidance to both current and future customers,” Vegiard said. “I am thrilled to be with Monson Savings Bank, a bank that really focuses on building relationships by learning about their customers and tending to their needs.”

Daily News

MONSON — Monson Savings Bank announced the hire of Anita Richard as vice president and residential operations officer of the bank’s Residential and Consumer Lending department.

“We are incredibly happy to welcome Anita Richard to our team here,” said Dan Moriarty, president of Monson Savings Bank. “Anita’s experience in residential lending, compliance, and customer service have already proven to be a great asset to our customers and to our entire team. We look forward to her continued contributions, which will surely benefit us all.”

In her new role, Richard is responsible for planning and organizing the residential and consumer lending operations, including streamlining loan processing, closing, and servicing. She also manages the staff in the Residential and Consumer Lending departments.

Richard has more than 31 years of experience in the banking industry, with 27 years focused in the mortgage-lending area. She most recently served as Home Lending Compliance manager at Berkshire Bank and Savings Institute Bank and Trust, where she was responsible for all residential-lending regulatory compliance. Previously, she was director of Mortgage Operations at Alden Credit Union, managing the daily operations of the residential-lending area as well as compliance and loan servicing.

“I am very excited to join Monson Savings Bank and work alongside their amazing residential-lending team,” Richard said. “After 27 years in the mortgage business, I still really love what I do. I look forward to bringing that enthusiasm to work every day in order to help continue the service excellence that Monson Savings Bank is known for.”

Daily News

MONSON — Monson Savings Bank recently announced the promotion of Sara Rodrigues to Commercial Loan Operations officer.

“Sara has always been a positive contributor to our team at Monson Savings Bank, and that is no different when it comes to her work with the commercial-lending team and customers,” President Dan Moriarty said. “She has continually displayed her dedication to making sure our customers have a smooth lending experience. We are grateful to have her as a part of the team and look forward to her continued growth.”

In her new role, she is responsible for managing the commercial-loan administrative team and servicing team at Monson Savings Bank, as well as planning, organizing, and directing all commercial-lending operations.

Rodrigues has been with Monson Savings for eight years, previously serving in the role of Commercial Loan Operations manager. She has more than 20 years of experience in the banking industry, with 19 of those years within the commercial-lending sector. Prior to working with Monson Savings Bank, she worked with TD Bank, N.A. as a commercial-loan document supervisor.

A believer in giving back to the communities she works and resides in, Rodrigues is a volunteer with Link to Libraries and the Monson Schools Read a Loud program. She reads to schoolchildren and helps the organization with its mission to distribute new books to the school and home libraries of children in need. She also serves on the Monson Savings Bank community reinvestment committee.

“Since I started my career with Monson Savings Bank, it has been clear to me that this bank has a strong commitment to serving their customers with the best service possible and giving back to the local communities,” Rodrigues said. “Likewise, they take care of their employees and encourage growth. I am so happy to continue to develop my skills with Monson Savings Bank and help our commercial-loan customers along their financing journey.”

Daily News

MONSON — Monson Savings Bank announced the recent promotion of Rob Chateauneuf to senior vice president and senior commercial loan officer.

“Rob has more than proven his value over the years through his hard work and dedication to Monson Savings Bank’s customers and his team members. We are so pleased to recognize his commitment with this well-deserved promotion,” Monson Savings Bank President Dan Moriarty said. “Rob puts his heart into his work. His in-depth understanding of commercial lending, his welcoming disposition, and his enthusiasm to help commercial borrowers make him an asset to our team and our customers.”

In his new role, Chateauneuf will be responsible for leading the bank’s Commercial Lending team as they continue to serve local businesses of all sizes. He is skilled in commercial real-estate lending, C&I lending, construction lending, and SBA lending.

At Monson Savings Bank, he most recently served as first vice president of Commercial Lending and has been the bank since 2012. With more than 20 years of banking experience, including commercial lending, residential lending, and retail branch management, he has a comprehensive understanding of the needs and challenges of commercial businesses.

Chateauneuf earned a bachelor’s degree in business management from the Isenberg School of Management at UMass Amherst. Additionally, he is a graduate of the Springfield Regional Chamber’s Leadership Institute at Western New England University and the American Bankers Assoc. Stonier Graduate School of Banking – Wharton School of Business at the University of Pennsylvania. In 2014, he was recognized as one of BusinessWest’s 40 Under Forty.

He served on the board of directors at Hawthorn Services from 2006 to 2010, serving as president and chair from 2008 to 2010. When Hawthorn Services merged with the Center for Human Development (CHD), he was asked to join the CHD board, which he served as chair of the program committee and a member the board of directors from 2010 to 2020. He also served on the board of directors of the South Hadley Chamber of Commerce from 2004 to 2013. He has also been involved in myriad other charitable organizations and volunteer events throughout the years, including those benefiting Habitat for Humanity, the Westfield Boys & Girls Club, the United Way, and the towns of Agawam and South Hadley.

“I am excited to be a part of Monson Savings Bank, a community bank that focuses on the true needs of our local businesses,” Chateauneuf said. “Monson Savings Bank supports the local economy by providing businesses with capital to grow, resulting in more local jobs and vibrant communities.”

Daily News

EAST LONGMEADOW — In June, Monson Savings Bank announced its plan to open a full‐service branch located at 61 North Main St. in East Longmeadow. While opening a new location during the height of the COVID‐19 pandemic may seem like an uncommon move, the bank’s leaders felt it was important to serve the East Longmeadow community.

“Where we are seeing other banks pulling back and closing locations, like in East Longmeadow, we see it as an opportunity to expand, to fill a need for personal and business banking in a community,” said Steve Lowell, CEO of Monson Savings Bank, which recently opened the East Longmeadow location. “As a mutually chartered bank, we were incorporated to serve the community. So, when new opportunities become available that allow us to serve our customers even better, no matter what the challenges, we always make them a priority.”

The newly renovated East Longmeadow branch features an open-concept lobby layout, a team of knowledgeable and friendly banking professionals, two drive‐up lanes, a 24‐hour drive‐up ATM, and a coin machine. It also has offices specifically for mortgage lending, investment, and business-banking specialists who will be available to customers on site or by appointment.

“While we love seeing our customers when they visit our branch lobbies, we also understand that some may not be comfortable in the current environment,” Lowell said. “We are also serving customers through drive-up, by appointment, and with cutting-edge digital banking options.”

Added Aimee Kohn, branch manager, “the team here at the East Longmeadow branch is very excited, and we look forward to providing residents and business owners with banking solutions to make their lives better. We have a lot of customers living in East Longmeadow already, and we are very eager to welcome them to the branch, as we know they are happy about our new office here.”

Daily News

MONSON — Monson Savings Bank announced the recent hiring of Kandra Tranghese as vice president and chief financial officer.

“We are so pleased to welcome Kandy to the Monson Savings Bank team,” President Dan Moriarty said. “With Kandy’s education and comprehensive years of experience within the banking industry, including the auditing of financial institutions, we know that she will be integral in the continued success and growth of the bank.”

In her role as vice president and chief financial officer, Tranghese will be responsible for planning, directing, and controlling the bank’s financial plans, policies, and accounting practices.

Tranghese most recently served for 23 years as senior audit manager for Wolf & Co., P.C., a regional CPA firm providing financial accounting and audit services. In this role, she was responsible for managing a team of professionals and providing audit and other assurance services to financial institutions.

She earned a bachelor’s degree in accounting from Fairfield University and is a licensed certified public accountant (CPA), as well as a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.

An active participant in the community, Tranghese currently serves as treasurer for the Wilbraham Hampden Academic Trust and previously was president of the Children’s Study Home. She looks forward to participating with Monson Savings Bank on future community-outreach initiatives.

“I am very happy to join Monson Savings Bank,” she said. “As an auditor for over 20 years, observing financial institutions and how they work, it is exciting to be a part of the team involved in making the behind-the-scenes decisions — decisions that ensure Monson Savings Bank continues to be a staple in the local communities.”

buy ivermectin for humans buy ivermectin online
buy generic cialis buy cialis
payday loans online same day deposit 1 hour payday loans no credit check