Even while the coronavirus pandemic closed branch lobbies throughout the state, Needham Bank moved forward with plans to open a new branch in Mission Hill.

Needham Bank’s first Boston has opened at 1457 Tremont St., near Roxbury Crossing.

“When the pandemic first started, bringing one of the most challenging economic crises I’ve ever witnessed, we never rethought our choice to open in Mission Hill,” Joe Campanelli, Needham Bank’s president and CEO, said in a statement. “We thought, who opens a bank branch at a time like this? We do. Because we know how important a strong local financial partner will be to help community members and local businesses get back on their feet.”

Maria Ramos will manage the Mission Hill branch. Needham Bank has opened five branches in the past five years and now has 10 locations.

“We’d searched for a couple years to find the perfect location in Boston,” Carrie Vargas, senior vice president, said in a statement. “I’m thrilled with how the building came together, but even more excited about the team we have in place there, led by Maria Ramos, our branch manager. I have full confidence that they will provide the top-notch service and community support that we’re known for.”

Needham Bank’s chief marketing officer, Karen Marryat, said in the statement that Needham Bank had looked at various locations for its Boston office.

“In looking at various communities, we immediately clicked with Mission Hill,” Marryat said. “This is a truly vibrant community with strong local businesses supported by Mission Hill Main Streets, thriving artists and musicians, and some terrific organizations supporting our new neighbors. As we’ve gotten to know the community better in the past few months, we are more and more impressed and excited by what’s to come in Mission Hill.”

Needham Bank had total assets of about $2.5 billion as of March 31.

Image courtesy of Needham Bank

Needham Bank Opens First Boston Branch in Mission Hill

by Banker & Tradesman time to read: 1 min
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