Category Archives: News

Spring Community Shredding Days Announced!

InfoShred® Document Destruction will provide on-site shredding of personal, confidential paper documents on the spot.

Bring up to the equivalent of one or two copy-paper/file-sized boxes of documents.

There is no charge.

The following locations will be holding Community Shredding Days from 9 AM – Noon:

May 5th: Putnam Office |182 Main Street, Putnam, CT

May 12th: Athol Office | 90 Exchange Street, Athol, MA

June 2nd: Lancaster Office | 131 Main Street, Lancaster, MA

June 9th: Sturbridge Office | 331 Main Street, Sturbridge, MA

bankHometown Contributes $12,800 to Local United Way Chapters

OXFORD, MA:  Michael Hewitt, President and CEO of bankHometown, announced the bank has raised $12,800 during their Annual Giving Campaign benefiting three local chapters of the United Way.

Chapters of United Way are vital links between local non-profit organizations and the residents who live in those towns to ensure better lives for those less fortunate in our communities.  These funds have been exclusively raised by bankHometown employees over the past year.

bankHometown employees, throughout their 13 branches and Operations Center, have been participating in this bank wide Annual Giving Campaign for more than 30 years.  In addition to their monetary support, employees volunteer at a variety of events with the United Way and their partner organizations, including a bank-wide “Day of Caring” held each September.

The chapters that benefited from this year’s campaign are:
United Way of Webster and Dudley, Massachusetts
United Way of Southbridge, Sturbridge and Charlton, Massachusetts
United Way of North Central Massachusetts

Tina Puza, Assistant Vice President and Branch Manager at bankHometown’s Auburn Office, coordinated this year’s successful campaign for the bank.  She said, “I am so thankful for all bankHometown employees that have either made donations or have volunteered their time for United Way this year. The resources and dedication that the United Way provides to our communities are invaluable and we thank them for all that they do on a daily basis. I truly feel that together we are helping those in need and making a positive difference in our communities.”

bankHometown is headquartered in Oxford, Massachusetts and has $730 million in assets.  bankHometown has served its communities since 1889 and operates thirteen full service offices; eight in central Massachusetts and five located in northeastern Connecticut.

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Hometown Bank Community Foundation Donates $6,000 to Sponsor Day Kimball Healthcare Junior Volunteer Program

OXFORD, MA – Michael Hewitt, President of Hometown Bank Community Foundation announced a contribution of $6,000 in support of Day Kimball Healthcare’s (DKH) 2018 Junior Volunteer Program at Day Kimball Hospital in Putnam, CT.

The sponsorship funds will support Day Kimball’s highly-competitive Junior Volunteer Program, available to just 60 area high school students for seven weeks during the summer months. Junior volunteers have the opportunity to gain valuable insight into a possible future career in healthcare while also providing valuable service to the community. Junior volunteers contributed 3,790 hours of volunteer service across 11 departments at Day Kimball Hospital last summer.

”This is a great opportunity to support Day Kimball and a program that will have ongoing impact on our community by instilling the value of volunteerism in the students.  Volunteering in the communities we live and work is a cornerstone of our culture and mission and we are pleased to support the sharing of this value with the future leaders of our communities,” said bankHometown President and CEO Michael D. Hewitt.

“We are extremely grateful for this opportunity and excited to be partnering with bankHometown in support of one of the hospital’s most valuable and long-standing community service programs,” said DKH Director of Development Kristen Willis. “It has become increasingly challenging to provide adequate resources for important programs such as this while fulfilling our primary duty and responsibility to provide high quality acute, clinical, and emergent care to our patients. Having bankHometown’s support for this program will help us to continue to enrich lives while preparing the future workforce and citizens of northeast Connecticut.”

“Being a hospital volunteer adds a whole new dimension to a student’s life, allowing them to gain valuable experience while helping to serve their communities,” said Janet Johnson, DKH Volunteer Services Coordinator, who has been heading up the Junior Volunteer Program for the past 15 years. “We’re so grateful to bankHometown and the Hometown Bank Community Foundation for supporting our Junior Volunteer Program. The impact that volunteer service has, not only on the continued success of the hospital but on the lives of our young volunteers, is immeasurable.”

bankHometown is headquartered in Oxford, Massachusetts and has $730 million in assets.  bankHometown has served its communities since 1889 and operates thirteen full service offices; eight in central Massachusetts and five located in northeastern Connecticut.

Hometown Bank Community Foundation Contributes $5,000 to NewVue Communities

Oxford, Massachusetts – Michael D. Hewitt, President of Hometown Bank Community Foundation, Inc., announced today that a contribution in the amount of $5,000 was presented to NewVue Communities, formerly known as Twin Cities CDC.

NewVue Communities is a non-profit organization, located in Fitchburg, MA, that serves 22 communities in central Massachusetts.  Since its founding in 1979, NewVue Communities has endeavored to improve local communities and the lives of their residents, regardless of their background.  The contribution from Hometown Bank Community Foundation helps to support the various programs and services provided by NewVue Communities, including affordable housing, financial literacy, education and foreclosure prevention.  It also helps with small business technical assistance for the creation and retention of jobs.  Marc Dohan, Executive Director of NewVue Communities, stated that NewVue Communities “envisions healthy neighborhoods where residents choose to live, work and invest.”

Hometown Bank Community Foundation, Inc. was formed in early 2016 by bankHometown, a state-chartered cooperative bank headquartered in Oxford, Massachusetts with $730 million in assets.  Christina DiRusso, assistant vice president of commercial lending for bankHometown, serves on the board of NewVue Communities.  In addition, a number of bankHometown employees also serve as speakers at NewVue’s first-time homebuyer seminars.

bankHometown has served its communities since 1889 and operates thirteen full service branch offices; eight located in central Massachusetts and five located in northeastern Connecticut.  Depositors of bankHometown have their deposits insured by the Federal Deposit Insurance Corporation for amounts up to $250,000 with amounts in excess of $250,000 insured in full by the Share Insurance Fund, a private excess insurer.

 

 

bankHometown CEO to Retire

Oxford, Massachusetts – bankHometown announced that Michael D. Hewitt, its President and Chief Executive Officer, has decided to retire on June 30, 2018. Sam S. Pappas, Chairman of the Board, stated that “We have been very fortunate to have Mike Hewitt as the leader of our Bank since 2013. His vast banking experience and strong leadership will be missed by us all.  We wish Mike all the best in retirement.”

Mike Hewitt joined the Bank in 2011 and was appointed President and Chief Executive Officer in 2013. The Bank has more than doubled in size under his leadership and is widely considered to be one of the best performing banks in the region. Mr. Hewitt added that “I have truly enjoyed my time at bankHometown. I am grateful for having had the opportunity to work closely with the dedicated professionals on bankHometown’s Board of Directors over the past five years. It goes without saying that I will miss my daily interactions with bankHometown’s exceptionally talented staff and management team. With that said, after 40 years in banking, I am excited to turn my attention to spending more time with my family.”

To provide continuity and maintain the Bank’s strategic direction, the bankHometown Board of Directors has chosen to fill Mike Hewitt’s role with Matthew S. Sosik, the President and Chief Executive Officer of bankHometown’s mutual holding company. Mr. Pappas added that “This decision maximizes our flexibility and leaves many strategic opportunities available to us. Matt formerly served as President and Chief Executive Officer of bankHometown for a period of 17 years up until 2013. We are fortunate to have someone with the familiarity and experience  with bankHometown who can seamlessly fill Mike’s role upon his retirement.”

bankHometown is headquartered in Oxford, Massachusetts and has $735 million in assets. In 2016, bankHometown merged its mutual holding company with that of bankESB, a $1.35 billion bank headquartered in Easthampton, Massachusetts. The two banks are now both subsidiaries of Hometown Financial Group, MHC, a $2.2 billion mutual holding company. The two banks operate autonomously and share many of their back office and administrative resources.

Mr. Sosik stated that “We are committed to mutuality and strongly believe in the value of our mutual holding company model. We hope to attract other like-minded banks into our growing and successful company as scale and size have become critical elements of being successful in today’s banking environment.” Sosik further added that “As excited as I am about the future of our mutual holding company and our two affiliate banks, I am truly excited for Mike on his upcoming and well deserved retirement.  Mike is a great banker, but he’s an even better  person, and all of us wish him the very best in his retirement later this year.”

bankHometown has served its communities since 1889 and operates thirteen full service offices; eight in central Massachusetts and five located in northeastern Connecticut. Depositors of bankHometown have their deposits insured by the Federal Deposit Insurance Corporation for amounts up to $250,000 with amounts in excess of $250,000 insured in full by the Share Insurance Fund, a private excess insurer.

FOUNDATION CONTRIBUTES $15,000 TO NORTH CENTRAL MA DEVELOPMENT CORPORATION’S ECONOMIC ADVANCEMENT FUND

OXFORD, MA:  Michael Hewitt, President of Hometown Bank Community Foundation announced a contribution of $15,000 to North Central MA Development Corporation (NCMDC).

NCMDC serves twenty six communities within Worcester, Middlesex and Franklin Counties focusing on micro-lending, creating jobs and operating small business workshops. Their recent efforts have helped create dozens of new businesses and helped dozens more grow thereby creating several hundred new jobs in local communities.

In celebration of NCMDC’s 30 years of service, they are launching an Economic Advancement Fund to help expand their economic development efforts. bankHometown has supported NCMDC for years and this recent $15,000 contribution from Hometown Bank Community Foundation will help support this new fund and NCMDC’s efforts to further job and business growth.

Christina DiRusso, bankHometown’s assistant vice president of commercial lending, is a member of NCMDC’s micro loan committee. She said “I see first-hand the number of businesses that are helped with counseling and micro loans.” She added that they are a valuable organization in their market as they “facilitate and connect businesses and help promote local businesses with events and press.”

bankHometown is headquartered in Oxford, Massachusetts and has $730 million in assets.  bankHometown has served its communities since 1889 and operates thirteen full service offices; eight in central Massachusetts and five located in northeastern Connecticut.

bankHometown recognized by SBA as a Top Lender in CT Market

HARTFORD, CT – The U. S. Small Business Administration (SBA) announced its 2017 Eagle Award recipients at its Annual Lenders & Partners Meeting yesterday at Stony Creek Brewery in Branford, CT.

The SBA lending results in Connecticut for the federal government’s fiscal year ending September 30, 2017 reported positive trends.

SBA in Connecticut supported over $284 million dollars in loans through its three premier loan programs: the 7a Loan Guaranty Program, the Certified Development Company/504 Loan Program and the Micro-Loan Program. Connecticut surpassed last year’s loan volume total by 3 percent for a grand total of 819 loans. As a result of these loans, over 6,200 jobs were either created or retained in Connecticut.

bankHometown was recognized as the Top Lender in the 504 Loan Program category, based on loan amount in the state of Connecticut.

The SBA 504 Loan program is a powerful economic development loan program that offers small businesses another avenue for business financing, while promoting business growth, and job creation.  As of February 15, 2012, the $50 Billion in 504 loans has created over 2 million jobs.  This program is a proven success and win-win-win for the small business, the community and participating lenders.

The 504 Loan Program provides approved small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization.  504 loans are made available through Certified Development Companies (CDCs), SBA’s community based partners for providing 504 Loans.

 

bankHometown Continues Neighbors Helping Neighbors Program

OXFORD, MA:  Michael Hewitt, President and CEO of bankHometown, the 2017 Neighbors helping Neighbors Campaign has resulted in total donations of $25,000.

This is the 14th year that bankHometown has challenged local residents and businesses to help support local food pantries. It’s a way for the bank and its customers to make a real difference in the lives of local residents.

Customers of the bank and community members are invited to be a “Hometown Hero” for a $1 donation or a “Hometown Superhero” for a $5 donation. In addition to the in-branch fund drive, bankHometown also sends a letter to business customers inviting their contributions. bankHometown then matches all of the donations dollar for dollar and splits the funds among food pantries that serve the areas surrounding each of its thirteen offices in Massachusetts and Connecticut.

This year’s Neighbors Helping Neighbors donations benefit the Oxford Ecumenical Food Shelf at the Oxford Community Center; Food Share, a Southbridge-based program that serves residents of Sturbridge, Charlton and Southbridge; the St. Vincent de Paul Food Pantry at Sacred Heart Church in Webster; the Athol Salvation Army Food Pantry; CARE Food Pantry in Clinton, the Auburn Youth and Family Services, Inc. Food Pantry and Ginny’s Helping Hand in Leominster. The Connecticut pantries being served this year are Daily Bread in Putnam; Friends of Assisi in Killingly and Thompson Ecumenical Empowerment Group (TEEG) in Thompson.

At the check presentation each organization shared a bit about their particular program and how they are striving to feed the hungry in their communities. John Kneeland of the Ecumenical Food Shelf in Oxford stated that they “are able to leverage each $1.00 raised to buy the equivalent of about $4.00 worth of food”.

Each representative also shared how the generous donations raised collectively from our customers, employees, and the bank, would positively impact their programs and why it means so much that the local communities stepped forward to help.  Karen Osbrey of The Daily Bread located in Putnam, CT shared that “IHSP continues to respond to the ever-changing economic challenges in northeast Connecticut, but we can’t accomplish this alone.  That is why we are so grateful for our many community partners, like bankHometown.” Collectively, the recipients provide meals to thousands of individuals and families each month.

Lt. Michael Buzzard of the Athol Salvation Army shared “in addition to the donation received today, I am also so appreciative of the support that bankHometown employees provide throughout the year whether it is spending time on committee work, fundraisers or other support of our programs”.

Michael D. Hewitt, President and CEO of bankHometown added that branch employee involvement in the community “is yet another example of Neighbors Helping Neighbors.”

To date, more than $142,500.00 has been distributed through this program.

Area businesses contributing to the 2017 Neighbors Helping Neighbors campaign include:

All Phase Dental Lab Service Inc.

American Lanes

Arland Tool & Mfg Inc

Attorney Brian S. Mead

Attorney Stephen J. Adams

BC Custom Homes LLC

Central Mass Builders, Inc.

Dan Amorello Services Inc.

DJD Realty, LLC

Double G Enterprises LLC

DRL Corporation

East Woodstock Co-Op

EPV Plastics Corporation

Ewings Construction Services Inc

Floor Source Inc.

French Knot LLC

Giguere Lumber Sales Inc.

Griffin And Company, PC

J F Rosseel Contracting Co.

J S K Financial Service Inc.

J.O.C. Inc.

Jezierski Plumbing & Heating Inc.

JK Emerald Realty, LLC

JK Lake Realty, LLC

Kangaroo Quick Prints

KLMB Properties LLC

Knapik Builders Inc.

Laskey Group LLC

Linemaster Switch Corp

Marc & Ernest Pallotta Foundation

Mass Ten Enterprises, LLC

Nordic Industrial Properties, LLC

Northeast Merchant Systems Inc.

O’Connell & O’Connell, P.C.

Osbrey Broadcasting Company – WINY Radio

Oxford Insurance Agency, Inc.

Paradis-Givner Funeral Home, Inc.

Precision Auto Rebuilders Inc.

Premier Listings Inc.

Ramshorn Excavating Inc

S & N Excavators Inc

Sam S Pappas CPA

Sixty-Five West LLC

Soper Construction Company Inc.

Standard Source Inc.

Stephen A Solomon DMD

T & S Inc.

Taylor Brooke Winery LLC

The Shopper-Turnpike Corp

Tyler Latour, d/b/a Island Storage

Vandi Auto Supply, Inc.

West Dudley Hydro LLC

bankHometown DONATES TO WOODSTOCK PLAYGROUND

OXFORD, MA:  Michael Hewitt, President and CEO of bankHometown, announced that bankHometown has made a donation of $1,000 for the Woodstock playground.

Viktor Toth, Superintendent, along with Wendy Durand, WMS Principal and Crystal Adams, Woodstock Playground Committee Chair, recently received a check for $1,000 from bankHometown’s Woodstock Branch Manager George Dimopoulos.

With this donation, the Woodstock Playground Committee is now over half of the way to their $100,000 goal. The playground will be located behind the Woodstock Middle School and is well designed for older children. It will also be available for area families and children to enjoy when classes are not in session. In addition, families at the adjacent sports fields will be able to use the playground during practices and games.

“We are very grateful for the support and trust bankHometown has shown us,” said Adams. “They have also generously allowed us to use their coin-counting machine during our recent Pennies for Playground’s fundraiser. We look forward to inviting them next year to the ribbon-cutting ceremony for the playground.”