For Immediate Release – Bay State Savings Bank continued a long tradition of giving and gratitude with a donation of furniture, equipment and other resources to 15 public schools in the City of Worcester. Bay State’s contribution, valued at close to $50,000, notably impacted children at Tatnuck Magnet School, where new furnishings have helped…
Read MoreThe Dash Between – A Letter of Gratitude to the Community I Love Diane Giampa Announces Her Retirement from Bay State Savings Bank Effective December 31, 2024 Dear Friends and Neighbors, As I take a moment to reflect on my journey, I am filled with a profound sense of gratitude as I prepare to announce my retirement from Bay State Savings Bank…
Read MoreSterling, MA – Bay State Savings Bank and the Worcester Business Development Corporation (WBDC) were proud to finance the new commercial space for Twins Lawn Service. Located at 110 Worcester Rd, Sterling, MA, the newly acquired facility not only accommodates Twins Lawn Service’s corporate operations but also provides ample space for their…
Read MoreWORCESTER, MA – Bay State Savings Bank announced today the appointment of Karin M. Gaffney, Vice President, Commercial Loan Officer. Ms. Gaffney has more than 30 years of banking experience, previously holding positions at Enterprise Bank, Rockland Trust, and St. Mary’s Credit Union. She was also previously employed by Bay State Savings Bank.…
Read MoreOn Thursday morning, The Worcester Regional Chamber of Commerce announced the establishment of the Worcester Regional Strategic Opportunity Fund, a restricted fund to be utilized for strategic economic development and workforce initiatives housed within the Chamber’s 501c(3) foundation. Bay State Savings Bank is proud to be a corporate…
Read MoreLynn, MA – Bay State Savings Bank (NMLS#: 402171) is proud to announce its financing of The Oxford, a mixed-unit construction project in Lynn, MA. The development, led by R|H Investment Group, involves the creation of a 30-unit residential apartment building, complemented by two ground-floor commercial spaces. With a robust real estate…
Read MoreWORCESTER, MA – Bay State Savings Bank is pleased to announce its recent hire of Catherine Hanna, Vice President, Loan Servicing. In this role, Ms. Hanna will lead the loan servicing team, enhancing existing processes to improve the customer journey. “We are very excited to welcome Catherine to our team,” said Tami Gunsch, Chief Retail…
Read MoreOverall, it’s been an exciting year of growth and transition for your community bank. As the year wraps up, we want to take this opportunity to thank all our clients, colleagues, and friends for their support and to wish everyone the best of luck and success in 2024. We look forward to continuing to evolve and grow in the coming year, and we…
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