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Stay informed about what is happening at our branches and within the communities we serve.

Old Sturbridge Village Partners with bankHometown to Launch “One Room School House” Initiative

Sturbridge, Massachusetts, October 29, 2020 – Old Sturbridge Village (OSV) with the support of bankHometown based in Oxford, Massachusetts, in response to urgent needs brought on by the pandemic, has created a “One Room School House” learning pod for children in the museum community.

bankHometown Provides Economic Lifelines to Northern Worcester County Businesses Through Paycheck Protection Program Loans

Oxford, Massachusetts,June 26, 2020—bankHometown has approved over 700 Paycheck Protection Program (PPP) loans totaling approximately $68 million, allowing hundreds of local businesses across central Massachusetts and northeastern Connecticut to keep more than 7,500 employees on the payroll.

A Message to Our Valued Customers

I hope this letter finds you healthy and safe. When the Coronavirus first reached our shores a few months ago, I don’t think any of us fully imagined the impact it would have on our everyday lives. We’re heartbroken for the family and friends directly affected by COVID-19. We’re adjusting to social distancing and seeing familiar faces behind masks and plexiglass. And we’re applauding the essential workers helping us through it all.

bankHometown Continues to Provide Economic Lifelines to Local Businesses Through Paycheck Protection Program Loans

Through the initial round of funding, bankHometown has approved over 400 Paycheck Protection Program (PPP) loans totaling more than $51 million, allowing hundreds of local businesses across central Massachusetts and northeastern Connecticut to keep more than 6,000 employees on the payroll.

Our Commitment to our Customers and Communities

Since 1889, bankHometown has supported its customers and communities during times of prosperity and optimism and through times of hardship and doubt.  Through it all, bankHometown has been dedicated to ensuring the health, safety, and well-being of our customers, employees, and members of the community.  That is why we continue to monitor the developments and potential impact of the Coronavirus (COVID-19) pandemic.   

A Change in Deposit Insurance Coverage

Effective March 17, 2020, The Co-operative Central Bank (CCB) and its Share Insurance Fund (SIF) merged into the Depositors Insurance Fund (DIF). As a result, bankHometown has become a member of the DIF.

Rest assured that your deposits with bankHometown will continue to be insured in full. Each depositor is insured to at least $250,000 by the FDIC. Effective March 17, all deposits above the FDIC limit are insured by the DIF.

The DIF has a long history of protecting deposits.  Since 1934, when the DIF was created, no depositor has lost a penny in a member bank. 

bankHometown Pledges $10,000 to Millbury Parents Club

Oxford, Massachusetts —bankHometown recently pledged to donate an additional $10,000 to the Millbury Parents Club. The bank’s commitment, which will be funded over three years, supports the club’s mission to fund educational activities and cultural experiences for students in Millbury Public Schools. With the recent merger of bankHometown and Millbury Savings, this contribution demonstrates bankHometown’s continued commitment to the Millbury schools and extends Millbury Savings’ previous commitment an additional three years.

bankHometown Donates $1,000 for Transportation Program

Millbury, Massachusetts —bankHometown recently donated $1,000 to the Friends of the Millbury Seniors’ transportation program, which serves the area’s elderly and disabled residents. Together with Millbury Savings Bank, which merged with bankHometown last October, the combined bank has provided more than $30,000 in contributions to this program over the past decade, including funding to purchase the program’s vehicles.

bankHometown Commits $25,000 to Fuel Fund

Millbury, Massachusetts — In time for the home heating season, bankHometown has contributed an additional $25,000 to the Community Energy Assistance Program, a fund first established by Millbury Savings Bank in 2005 to help low-income residents pay their home energy costs. With the recent merger of bankHometown and Millbury Savings, this contribution demonstrates bankHometown’s continued commitment to the program and brings total contributions to $380,000.

bankHometown Promotes Todd Donohoe to Assistant Vice President of Commercial Lending

Oxford, Massachusetts  Robert J. Morton, President and CEO of bankHometown, announced that Todd Donohoe has been promoted to Assistant Vice President of Commercial Lending. In this role, Donohoe will serve as a trusted advisor to local businesses, connecting them to the financing and other solutions they need to grow.

bankHometown Raises $26,000 for Local Food Pantries in 16th Annual Neighbors Helping Neighbors Fundraising Campaign

Oxford, Massachusetts – Robert J. Morton, president and CEO of bankHometown, announced that this year’s Neighbors Helping Neighbors program raised more than $26,000 for local food pantries. This brings the total amount raised over the 16 years the program has been in place to $193,500.

bankHometown to Host Children's Concerts and Hayrides During Millbury Chain of Lights

Millbury, Massachusetts — bankHometown will host an array of free activities during the Millbury Chain of Lights on Sunday, December 8, from 11:30 a.m. to 3:30 p.m.

Back for his 11th year is award-winning children’s musician and puppeteer Mr. Kim Webster, who will perform two free children’s concerts at 1:00 p.m. and 2:30 p.m. in the bank’s lobby. Mr. Kim’s performances feature friendly puppets like “Ted Bear” and “The Dude,” plus interactive sing-alongs including every child’s favorite, “The Popcorn Song,” from his CD “Children of the Sea.”

bankHometown Teams Up with Goretti’s Supermarket for Holiday Giveaway

Oxford, Massachusetts — Robert J. Morton, President and CEO of bankHometown, announced that the bank has partnered with Goretti’s Supermarket at 1 Providence Street in Millbury for a special holiday giveaway. Shoppers who visit Goretti’s from November 15 to December 16, 2019, will receive a free bankHometown tote bag and can enter to win Goretti’s gift cards at that time. A total of four gift cards will be awarded: one for $250, two for $100, and one for $50.

bankHometown voted best in Customer Service and Overall Quality by the 2019 Banking Choice Awards

Oxford, Massachusetts — Robert J. Morton, President and CEO of bankHometown, announced that the bank was recently honored at the 2019 Banking Choice Awards in the categories of Customer Service, Technology and Tools, Community Contribution, and Overall Quality. The awards were presented as part of the Best Bank Expo at the MGM Springfield Resort and Casino.

bankHometown completes merger with Millbury Savings Bank and welcomes Robert J. Morton as President and CEO

Oxford, Massachusetts — Matthew S. Sosik, CEO of Hometown Financial Group, announced today that Oxford, Massachusetts-based bankHometown has completed its merger with Millbury Savings Bank.  Robert J. Morton, President and CEO of Millbury Savings Bank, has been appointed President and CEO of bankHometown.

Shauna Roberts receives two awards from the North Central Massachusetts Association of Realtors

Oxford, Massachusetts — We are excited to announce that Shauna Roberts, a bankHometown Mortgage Loan Originator located at the Lancaster, MA, office, was presented the 2019 Business Partner Society Award, as well as the Good Neighbor Award by the North Central Massachusetts Association of REALTORS (NCMAR).

Hometown Financial Group Promotes Karen Yancik to Senior Vice President, Senior Compliance and Risk Management Officer

Easthampton, Massachusetts — Matthew S. Sosik, CEO of Hometown Financial Group, Inc., announced that Karen Yancik has been promoted to the position of Senior Vice President, Senior Compliance and Risk Management Officer. Yancik has responsibility for internal audit, compliance and risk management for the subsidiary banks of Hometown Financial Group; bankESB, bankHometown and Abington Bank.

Hometown Bank Community Foundation donates $6,500 to Sponsor Day Kimball Healthcare Junior Volunteer Program

Oxford, Massachusetts – Matthew S. Sosik, President and CEO of bankHometown, announced that the Hometown Bank Community Foundation awarded a $6,500 grant in support of Day Kimball Healthcare’s (DKH) 2019 Junior Volunteer Program at Day Kimball Hospital in Putnam, CT.

Hometown Bank Community Foundation donates $15,000 to Head Start Renovation Project in Webster, MA

Oxford, Massachusetts – Matthew S. Sosik, President and CEO of bankHometown, announced that the Hometown Bank Community Foundation awarded a $15,000 grant to the Head Start Renovation Project at Worcester Community Action Council, Inc. (WCAC), to support their newly renovated Webster location located at 116 School Street.

bankHometown and Millbury Savings Bank to merge creating a $1 billion community bank with 15 offices

Oxford and Millbury, Massachusetts – Matthew S. Sosik, President and CEO of bankHometown, and Robert J. Morton, President and CEO of Millbury Savings Bank, announced today that the banks have signed an agreement to merge operations under the bankHometown name. The combined bank will have approximately $1 billion in assets and 15 branch offices located throughout central Massachusetts and northeastern Connecticut.

bankHometown donates $25,000 from 2018 Neighbors Helping Neighbors Campaign

OXFORD, Massachusetts: Matthew S. Sosik, President and CEO of bankHometown, announced that its 2018 Neighbors Helping Neighbors Campaign has resulted in total donations of $25,000. This is the 15th year that bankHometown has invited local residents and businesses to help support local food pantries as a way for the bank and its customers to reduce food insecurity in their communities.