News

December 2016

Bank Helps VFW Launch Training Program

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Letter: Thanks to Bank for Standing Desks

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October 2016

INSTITUTION FOR SAVINGS PURCHASES FORMER HAMILTON GARDENS

October 27, 2016

NEWBURYPORT, MA – After months of working closely with the Town of Hamilton, the Institution for Savings recently received final approval from the Zoning Board of Appeals to open a new full-service banking office at 545 Bay Road in Hamilton.

The 3000 square-foot full service office, the site of the former Hamilton Gardens, will have a drive-up banking lane and 24-hour walk-up ATM. In keeping with the Bank’s other locations, it will also feature onsite parking, and a warm and welcoming lobby complete with a wood-burning stone fireplace.

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FORMER WCVB REPORTER AND BREAST CANCER SURVIVOR KELLEY TUTHILL TO SPEAK AT OCTOBER CHAMBER LUNCHEON

FOR IMMEDIATE RELEASE

October 11, 2016

NEWBURYPORT - Ten years ago Kelley Tuthill was an award-winning journalist at Boston’s WCVB Channel 5. Just 36 years old, at the peak of her career and having recently given birth to her second child, Kelley received a devastating diagnosis in December of 2006: stage 3 breast cancer. While many choose understandably to keep their battles private, Kelley shared her struggle through diagnosis, treatment and recovery with the world through “Kelley’s Story,” a ten-part series documenting her struggle that was featured on “Good Morning America” and CNN and is to this day an inspiration to so many going through cancer.

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Triton Community Celebrates Grand Opening of Triton Memorial Field at Institution for Savings Stadium

FOR IMMEDIATE RELEASE

Byfield, MA

October 5, 2016

The Triton Regional School District is pleased to announce the Grand Opening of Triton Memorial Field at Institution for Savings Stadium at the Middle and High School campus. The opening ceremony will take place prior to the home opener football game on October 14th, 2016 at 6:45pm, with the kickoff scheduled for 7pm. On the agenda are welcoming remarks by Institution for Savings President, Michael Jones, Athletic Director Sean McInnis, and student athlete Erin Savage.

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July 2016

Institution for Savings Leader Takes on Statewide Fight Against Workplace Stigma

Michael J. Jones is a CEO Against Stigma

FOR IMMEDIATE RELEASE

July 7, 2016

Newburyport, MA – For 196 years, the Institution for Savings has prided itself on “building stronger communities together.” Michael J. Jones, the President and CEO, understands that a vision like that for the communities the Bank serves takes a strong employee commitment. So, he is making sure his staff knows that they are his priority as well. Jones has joined the growing list of business, state, and municipal leaders across the Commonwealth vowing to establish stigma-free places of work for their employees. He has signed a pledge to become a CEO Against Stigma, the workplace initiative created by the state chapter of the National Alliance on Mental Illness (NAMI Mass).

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June 2016

WORK BEGINS ON NEW TURF FIELD AT IPSWICH HIGH

Originally published in The Salem News by Amanda Ostuni (Staff Writer)

IPSWICH — Years of planning and fundraising culminated on Friday in a groundbreaking ceremony for a new turf field at Ipswich High School.

The project is being funded by various public and private sources. A key contributor, the Institution for Savings, through its 2 Depot Square Charitable Foundation, pledged $600,000 toward construction costs. In honor of the donation, the School Committee voted unanimously last October to name the school’s athletic facilities — the overall area encompassing the track, tennis courts and the Jack Welch Stadium — the Institution for Savings Athletic Complex.

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March 2016

INSTITUTION FOR SAVINGS REPORTS STRONG EARNINGS AND GROWTH, ELECTS NEW CORPORATORS AND OFFICERS AT 2015 ANNUAL MEETING

Newburyport – 2015 was the sixth consecutive year that the Institution for Savings reached all-time highs in total loans, total deposits and total capital, reported President and Chief Executive Officer Michael J. Jones at the Bank’s 196th Annual Meeting. The meeting was held recently at the Black Swan Country Club in Georgetown. There were approximately 350 people in attendance.

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February 2016

INSTITUTION FOR SAVINGS MIDDLETON OFFICE EXCEEDS $100 MILLION IN ITS FIRST NINE MONTHS

Middleton, MA – After opening its doors just a little more than nine months ago, the Institution for Savings’ Middleton office has exceeded $100 million in deposits, announced President and Chief Executive Officer Michael J. Jones recently. This milestone is particularly impressive given the growing national trend for banks to close offices rather than open new ones.

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Port Bank Donates Land for Affordable Housing

BY ANGELJEAN CHIARAMIDA, STAFF WRITER

Reprinted from The Daily News of Newburyport,
Thursday, February 4, 2016

A local bank’s teaming with Habitat for Humanity could bring at least four affordable homes to Salisbury in the coming years. The Institution for Savings donated a 1.8 acre of buildable land on County Road to Merrimack Valley Habitat for Humanity, according to MVHH executive director Randy Larson.

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