Norwood Bank has rolled out a new name after completing its acquisition of Foxboro Federal Savings in December.
The combined bank is now known as OneLocal, the bank said in a statement. Following the merger, the bank has about $800 million in assets, 88 employees and four branch locations.
“OneLocal will remain a proud local institution, an independent financial resource for area families and businesses, and a strong supporter of local charities and causes,” the bank said.
The new branding includes the tag line, “Everyday Banking,” which the bank said reflects OneLocal’s commitment to meet each customer’s needs.
“Everything we do centers around the idea of finding new and innovative ways of delivering an extraordinary banking experience for our customers,” John Galvani, OneLocal’s president and CEO, said in the statement. He added, “We’ve never been better positioned to leverage our combined staff, branch locations, expanded product offerings, enhanced technology, and exciting positive work culture to deliver an even-better banking experience for our customers.”
OneLocal will have an enhanced charitable foundation, continuing the commitment that Foxboro Federal Savings and Norwood Bank had to community investment, the statement said.