At Bay State Savings Bank, we believe that it is our personal responsibility to serve our local communities, not only as a neighborhood bank, but also as a true neighbor. The Bay State Savings Bank Champions for Children initiative was created in 2004 to recognize and support local organizations and individuals who provide education, mentoring, training, life skills development, or recreational opportunities to the youth of the community.
Each year, Bay State Savings Bank employees participate in the United Way "Day of Caring," which pairs volunteers with non-profit organizations to complete "done-in-a-day" projects.
Bay State Savings Bank is dedicated to investing in the local communities through partnerships, various volunteer programs and much more. Check out some of the many ways we get involved!
At Bay State Savings Bank's Annual Meeting on May 29th, it was announced that George F. Sullivan, Jr., Treasurer – Sullivan, Garrity & Donnelly Insurance and Chairman of the Board of Directors, has retired after 40 years of service to the Bank, and John H. McCabe, Corporate VP/Executive Advisor to CEO – Nypro and current Vice Chair of Bay State’s Board of Directors, has been elected Chairman. In addition, James Cahn, Partner - Cahn & Barron LLC; Gerald Maddaus, Jr., Attorney - Worcester; Tracey Porcaro, Vice President – Robert Powers Insurance/Worcester; Iain McKinlay, Owner – McKinlay’s Liquors/Holden; Christopher Powers, Senior Vice President – Benefit Development Group/Worcester and Michele Sloan, Owner – W.J. Hoey Tire Co./Worcester have been named Corporators.
After a bitter-sweet celebration of Mr. Sullivan’s 40-year tenure, culminating with the presentation of a bronze plaque dedicating the Bank’s Executive Board Room to the retiring Chairman and a standing ovation, the new Chairman and Corporators were welcomed by Bay State Savings Bank President & CEO, Peter Alden and the Board of Trustees.
In January of 2003, Bay State Savings Bank established the Bay State Savings Charitable Foundation, Inc. as yet another demonstration of the Bank's continuing commitment to reinvest in the people and organizations that live and operate in its service area.