Page 14 - BusinessWest August 8, 2022
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  Banking & Finance
Pedal to the Mettle
Monson Savings Celebrates 150 Years — and its Place in the Community
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.
DBy George O’Brien
an 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 signifi- cant 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.
“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 busi- nesses,” 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 com- fortable doing so having competed in several
Dan Moriarty’s ‘Tour de Branches’ helped him prep for a 150-mile ride as part of Monson Savings Bank’s birthday celebration that has been marked in many ways over the course of this year.
        14 AUGUST 8, 2022 BANKING & FINANCE BusinessWest
 



















































































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