PeoplesBank, Cornerstone Bank to Merge

Western Massachusetts’ biggest local bank and a prominent Worcester-area community bank say they plan to merge holding companies, the latest pair of mutual banks to combine using this increasingly popular method.

Community Good Works

Fitchburg’s Rollstone Bank gave $10,000 to Ginny’s Helping Hand to help fund food, clothing and other daily basics for people in need in Leominster. See who else gave back.

From Megabank to Mutual Bank

Worcester County’s Cornerstone Bank is facing off in a fight for deposits against some of the same giant banks where its head of retail banking, Altaf Ahmed, worked for 20 years.

Community Good Works

City Realty Group Managing Partners Fred Starikov and Stephen Whalen visited the AME Zion Church in Boston, part of Boston-based CRG’s yearly tradition of donating turkeys and pies to help those in need.

Community Good Works

Somerville-based Naveo Credit Union employees dressed up in costumes on Monday, October 31 and raised over $160 for The Leukemia & Lymphoma Society during their Costumed for a Cure event.

Community Good Works

Monson Savings Bank launched its Build-a-Bike campaign this year, with the aim of buying over $20,000 worth of bikes and donating them to local children in honor of the bank’s 150th birthday.

Community Good Works

Danvers-based engineering firm United Civil helped give a local child with acute lymphoblastic leukemia her wish for a Swiss Family Robinson-style treehouse.

Community Good Works

Brockton–based HarborOne Bank made a donation through its foundation of $220,000 in grants to 26 different organizations supporting children and families.