Everett Co-operative Bank Opening New Branch in Medford
Everett Co-operative Bank has announced plans to open a new branch in Medford, according to an SEC filing.
Everett Co-operative Bank has announced plans to open a new branch in Medford, according to an SEC filing.
Webster Five has opened a new branch at 400 Southbridge St. in Auburn, and Bay State Bank has a new branch in Shrewsbury’s White City Plaza, on the Boston Turnpike.
The branch will serve Lawrence, Andover and North Andover with deposit, lending and wealth management services.
The bank continues its expansion into Rhode Island with a new loan office.
Whittinsville-based UniBank played a big role in launching the redevelopment of the area around Worcester’s Polar Park. Now, it’s getting a branch in a premier location just across from the ballpark’s main gates.
After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch.
BankFive’s County Street Branch in New Bedford reopened on May 23 after an extensive renovation.
Two financial institutions are in the process of setting up shop in Plymouth.
The bank tied to the new leaseholders for Boston’s Quincy Market retail complex has filed to open its first location in Boston, among the applications by banks to open new branches last month.
Berkshire Bank scored another high-ranking hire from the former Silicon Valley Bank and announced plans to relocate a downtown Boston branch to support its growing private banking team.
Ware-based Country Bank is planning to put up a branch in Springfield by 2025 to establish a physical presence there amid growth opportunities and intensifying competition in the Western Massachusetts market.
After launching its private bank and hiring around 200 bankers last year, Citizens Bank is hiring two key executives to further grow its wealth management business.
After announcing a $20 billion “community investment plan” in five metro areas, including Boston, TD Bank said it will open a branch in Nubian Square in Roxbury in the fall as a part of an effort to serve low- and moderate-income individuals and families, and minority communities.
The $6.2 billion-asset Middlesex Savings Bank is opening a new branch in Worcester, its first location in Central Massachusetts.
Brookline Bank is planning to open two branches – one in Braintree and another in an unspecified location north of Boston – as the bank looks to expand in new markets.
BankFive is planning to open two full-service branches on Cape Cod and in Rhode Island next year after it saw the success its loan offices had in the area.
After opening a loan office in downtown Springfield in October, Connecticut-based Liberty Bank officially opened its first bank branch in Massachusetts following successful expansion of its business lending in the Pioneer Valley this year.
The Village Bank, headquartered in Newton, has opened its ninth branch in Waltham after years of serving the residents and businesses there from branches outside of town.
Lowell Five Bank said it moved its flagship branch in downtown Lowell from 34 John St. to a building at 60 Fletcher St., formerly owned by McKittrick Industrial Supply.
Connecticut-based Liberty Bank recently opened a new loan office in Springfield, and is set to open a full-size branch in East Longmeadow “later this fall” as it chases what it believes is strong growth potential in the Western Massachusetts market.