Needham Bank announced last week that its new Mission Hill branch on Tremont Street is now open for business.
The new branch, located at 1457 Tremont St. in Mission Hill, marks the Bank’s first location in the City of Boston.
When the pandemic first started, bringing one of the most challenging economic crises I’ve ever witnessed, we never rethought our choice to open in Mission Hill,” said Needham
Bank’s President and CEO Joe Campanelli. “We thought, who opens a bank branch at a time like this? We do. Because we know how important a strong local financial partner will be to help community members and local businesses get back on their feet.”
According to Campanelli the 128-year-old bank headquartered in Needham has a strong history of being a community partner and experienced record growth in recent years.
The Mission Hill location is one of five new Needham Bank branches that opened during the past five years, bringing its total branch locations into the double digits.
“We’d searched for a couple years to find the perfect location in Boston,” said Senior Vice President, Carrie Vargas. “I’m thrilled with how the building came together, but even more excited about the team we have in place there, led by Maria Ramos, our branch manager. I have full confidence that they will provide the top-notch service and community support that we’re known for.”
Needham Bank’s Chief Marketing Officer Karen Marryat said the choice to move to Mission Hill out of all the potential locations in Boston, was a no-brainer.
“In looking at various communities, we immediately clicked with Mission Hill,” she said. “This is a truly vibrant community with strong local businesses supported by Mission Hill Main Streets, thriving artists and musicians, and some terrific organizations supporting our new neighbors. As we’ve gotten to know the community better in the past few months, we are more and more impressed and excited by what’s to come in Mission Hill.”
The bank offers a full range of products like free checking accounts that boast no fees, full ATM fee reimbursement, and no minimum balance required to earn interest. All of this comes with a robust online banking experience and a five-star-rated mobile app.
The bank’s Business Banking teams offer commercial, small business and commercial real estate loans along with a cash management suite of products to save companies time and money on banking services.