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

bankESB Supports Pioneer Valley Habitat for Humanity's Big Enough Initiative Project

Florence, Massachusetts - On Saturday, June 1st, people gathered to celebrate the newly built Pioneer Valley Habitat for Humanity home located at 1 Garfield Avenue in Florence to learn more about Dennis Reish, the homeowner and part of the project team, and how this is the first small home to be built as part of Pioneer Valley Habitat’s Big Enough Initiative project.

Easthampton Saving Bank Foundation donates $2,500 to Northampton Survival Center’s Partners in Doing Good Business Program

Easthampton, Massachusetts – Matthew S. Sosik, President and CEO of bankESB, announced that the Easthampton Saving Bank Foundation awarded a $2,500 grant to the Northampton Survival Center’s “Partners in Doing Good Business” program.

At bankESB, Growth Continues On A Number Of Fronts

In this era of rampant mobile banking, opening a physical branch is a different proposition than it used to be, Matt Sosik said. But it’s still an important one.

“At this point in the cycle of our industry, branching has fallen by the wayside a little bit,” said Sosik, president and CEO of bankESB, which recently opened its 11th branch on Sargeant Street in Holyoke — a move that, despite the declining emphasis on bricks and mortar, made a lot of sense.

“We feel we’ve been banking with the people of Holyoke for years and years, so Holyoke is a natural extension of our footprint,” he said, noting that today’s branches are smaller and more efficient than those built in the past, but still must emphasize customer service — something that Tiffany Raines, Holyoke’s branch manager, has said she will emphasize there.

bankESB donates $75,000 to Riverside Industries Bridge Replacement Campaign

Easthampton, MA: Matthew S. Sosik, President and CEO of bankESB, presented a check for $75,000 to Riverside Industries on December 19, 2018, toward the Riverside Industries Bridge Replacement Campaign.

The donation to Riverside Industries came from the need to replace a 90 year-old bridge on their property that had become unsound, which was critical to the safety of over 500 people who live and work there. This bridge now provides emergency access and a safer path to enter and exit the entrance to the building. 

bankESB welcomes Michael T. Oleksak as Vice President of Commercial Lending

Easthampton, MA –Matthew S. Sosik, President and CEO of bankESB, announced that Michael T. Oleksak has been hired as the Vice President of Commercial Lending.

Oleksak brings over 15 years of experience in banking, most recently serving as the Vice President of Commercial Lending Officer for Westfield Bank, managing a $25+ million portfolio. Before Westfield Bank, Oleksak was the Assistant Vice President, Business Banking Officer at United Bank based in West Springfield, MA.

bankESB receives the “2018 Workplace Champion Award"


Easthampton, MA - On Tuesday, May 22, at the United Way of Hampshire County’s Annual Celebration, bankESB received the “2018 Workplace Champion Award”.

The Workplace Champion Award is presented to an organization and its Campaign Coordinator in recognition of their overall achievement in running a successful campaign and answering the call to make our community a better place. This matches our mission statement, “We strive to be the bank of first choice by delivering on our commitment to the community” and it is an excellent affirmation of our core value, “work as a team; together, we accomplish more.”

We at bankESB are proud to work with the United Way!

United Way Recognition

United Way Awards

Volunteerism Recognition presented to bankESB Director Stanley Paulauskas

Stanley Paulauskas, President of FPS Inc., was presented the bankESB Director Community Service Award at the Board of Directors Meeting yesterday evening.  In presenting this award, Matt Sosik, President & CEO of bankESB, praised Stan’s community involvement, which includes over 15 years with the Easthampton Learning Foundation (ELF) as a Director.  Stan currently serves as the President of ELF’s Board of Directors.

Stan and Matt

L to R: Stanley Paulauskas, President of FPS Inc.; Matt Sosik, President & CEO of bankESB

Internship Success Story: Christopher Tarbox joins bankESB as Credit Analyst


EASTHAMPTON, MA - We would like to give a warm welcome back to Christopher Tarbox, a recent graduate of the University of Hartford, with a degree in Business Administration and Economics/Finance. Chris participated in our bankESB Summer Internship Program in the Commercial Credit Department, and continued as a part-time employee while he completed his degree during the fall semester. Chris has returned as a full-time Credit Analyst, working under the direction of Rob Wheten, Vice President and Commercial Credit Officer.

Summer Internship Program

Pictured from L to R: Christopher Tarbox, Credit Analyst; Rob Wheten, Vice President and Commercial Credit Officer; and Lora Thayer, Commercial Lending Assistant