Community News

At bankESB, Growth Continues On A Number Of Fronts

January 8, 2019

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.

Matt Business West

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

December 21, 2018

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.

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bankESB welcomes Trenton E. Taylor as Senior Vice President of Commercial Lending

December 18, 2018

Easthampton, MA – Matthew S. Sosik, President and CEO of bankESB, announced that Trenton E. Taylor has been hired as Senior Vice President of Commercial Lending.

Taylor brings over 40 years of experience in banking, most recently serving as Senior Vice President of Commercial Lending at Westfield Bank, managing a $270 million portfolio. Taylor spent three years with Chicopee Savings Bank prior to its merger with Westfield Bank in April 2016.  He also worked as Senior Vice President of Commercial Lending at Polish National Credit Union.

Trent Taylor

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bankESB welcomes Amy Fyden as AVP, Branch Officer, of Hadley Branch, John Vassallo to retire after 24 years

December 7, 2018

Easthampton, MA – Matthew S. Sosik, President and CEO of bankESB, announced that Amy Fyden has been hired as the Assistant Vice President, Branch Officer, of the Hadley branch on 100 East Street. Fyden will be taking over for John Vassallo, Vice President and Senior Branch Officer of the Hadley branch, who will be retiring on January 18, 2019.

Fyden brings over 20 years of experience in financial services, lending and corporate management, most recently serving as an Underwriter for UMassFive College Federal Credit Union. Within her 20 years of experience, she spent 16 of those years in a branch officer or branch manager position. Fyden holds a Bachelor’s degree in Management and a minor in Communications from Western New England College.

Amy Fyden

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bankESB Celebrates Grand Opening & Ribbon Cutting Ceremony of new Holyoke branch

November 20, 2018

Holyoke, MA – On Monday, November 5th, bankESB celebrated the ribbon cutting ceremony to commemorate the Grand Opening of its new branch in Holyoke at 170 Sargeant Street.

President and CEO of bankESB, Matthew S. Sosik, officiated at the Grand Opening celebration with Guest of Honor Mayor Alex. B Morse, along with other distinguished guests, including state representative Aaron Vega, Senator Donald Humason, Jr., and President of the Greater Holyoke Chamber of Commerce, Barry Feingold. Vega and Humason presented citations for the branch.

Holyoke Mayor Alex B. Morse explained that bankESB’s million dollar investment places the property back on the tax rolls, creates jobs and the first time in decades that a bank has chosen to build a new branch in the downtown area. The bank has also provided construction financing for projects in Holyoke such as Gary Rome Hyundai, The Cubit, Fiesta Cafe, International Container and C&D Electronics.

 Holyoke Ribbon Cutting

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Forbes names bankESB runner-up in Best-In-State Bank survey

October 30, 2018

We are excited that Forbes named bankESB the runner-up in their first-ever Best-In-State Bank survey! And we want to thank YOU for making that happen.



Forbes, a top ranked magazine and global media company, and Statista, an online statistics, market research and business intelligence portal, named bankESB the runner-up in their first-ever Best-In-State Bank survey.

The best banks in every state were chosen based on an independent survey from a vast sample of more than 25,000 U.S. citizens spread among all states. In every state, the banks with the highest score were awarded. The length of the top lists in every state varies between 5 and 1 (depending on the amount of evaluations collected and the score). In total, 124 banks were awarded as the Best-In-State Banks of 2018. 

The total score of banks resulted from evaluation of different categories. Participants had to rate every bank at which they have/had a checking account regarding overall recommendation and satisfaction. The five different categories were Trust, Terms and Conditions, Branch Services, Digital Services and Financial Advice.

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bankESB welcomes Tiffany Raines as AVP, Branch Officer of new Holyoke branch

October 26, 2018

Easthampton, MA – Matthew S. Sosik, President and CEO of bankESB, announced that Tiffany Raines has been hired as the Assistant Vice President, Branch Officer, of the new Holyoke branch located at 170 Sargeant Street (the corner of Sargeant Street and Beech Street). 

Raines brings over 18 years of experience in banking, most recently serving as the Assistant Vice President, Banking Center Manager, of PeoplesBank’s West Springfield Banking Center. In addition to 10 years as a Branch Manager and spending time managing the West Springfield, Amherst and East Longmeadow offices, she also spent 6 years supervising the High Street and Hampden Street offices located in Holyoke.

                                                                                  Tiffany Raines

Pictured: Tiffany Raines, AVP, Branch Officer at the Holyoke branch

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Internship Success Story: Matt Gilbert joins bank as Loan Servicing Specialist

August 20, 2018

We would like to congratulate Matt Gilbert on his successful transition from interning in the Operations department to accepting a full-time position as a Loan Servicing Specialist!

During Matt's internship, his responsibilities included organizing, scanning and indexing all of the bank’s original loan notes and a variety of other older documents in order to retrieve efficiently in Identifi.

 Matt Gilbert

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Hackers scam homebuyers out of millions — and it's getting worse

July 11, 2018

According to new data provided by the FBI, in fiscal year 2017, nearly $1 billion ($969 million) was "diverted or attempted to be diverted" from real estate purchase transactions, and wired to "criminally controlled" accounts.

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bankESB hires Dena M. Hall as Executive Vice President, Chief Marketing Officer

June 13, 2018

Easthampton, MA –Matthew S. Sosik, President and CEO of bankESB, announced that Dena M. Hall has been hired as Executive Vice President, Chief Marketing Officer.

Hall brings over 20 years of experience in bank marketing and community engagement, most recently serving as the Western Massachusetts Regional President and Chief Marketing Officer for United Bank based in Hartford, Connecticut. Hall specializes in brand strategy, demand generation product marketing, social media, customer satisfaction programs and community relations. In her new role, Hall will oversee the marketing and public relations efforts at both bankESB and bankHometown, as well as their charitable giving programs.

Dena Hall

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bankESB receives the “2018 Workplace Champion Award"

May 24, 2018

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

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bankESB hires Mortgage Originator

May 8, 2018

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of bankESB, announced the bank’s hiring of Andrew G. Inglot as a mortgage originator.

Inglot joins the bank with over 22 years of local experience from many institutions in the area, originating  variety of mortgage loans from Conventional and FHA, to USDA, VA and Mass Housing. He has passion for helping first time buyers with guidance and assistance financing their first home. 

Andrew Inglot

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Volunteerism Recognition presented to bankESB Director Stanley Paulauskas

April 27, 2018

 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 & Matt

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

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Internship Success Story: Christopher Tarbox joins bankESB as Credit Analyst

January 26, 2018

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

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Groundbreaking ceremony held for bankESB's new Holyoke Office

November 1, 2017

HOLYOKE, MA - bankESB officials expect to open by summer a branch under construction at Sargeant and Beech streets in a $1 million project that will provide seven to eight new jobs, a spokeswoman said Wednesday.

"We believe strongly in the future of the city and we're excited to be a part of that progress forward," President and CEO Matthew S. Sosik said in a press release.

Click here for video covering the event.

Holyoke Groundbreaking ceremony

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bankESB pledges $100,000 to Cooley Dickinson Hospital’s new Breast Center

October 16, 2017

NORTHAMPTON, MA:  Matthew S. Sosik, President and CEO of bankESB, announced their commitment of $100,000 to Cooley Dickinson Hospital’s new Breast Center.  The Center brings together cutting edge diagnostic capabilities and a dedicated, highly accomplished staff into a single, easily navigable, patient-centered environment where patients receive consistent, timely and high-quality health care across the breast care continuum.

Donation to Cooley Dickinson Hospital
Pictured from L to R: Thomas W. Brown, Executive Vice President, Retail Banking; Joanne Marqusee, CEO of Cooley Dickinson Hospital; Matthew S. Sosik, President & CEO of bankESB

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Concerned about the Equifax breach? Here's what you need to know.

September 14, 2017

Although bankESB is not responsible for this information breach, we feel strongly that all consumers should be educated about the details of the Equifax Credit Bureau breach.  The list of Frequently Asked Questions below were provided by Equifax.  Reading through them will help you to understand the details and options so that you can make an informed choice regarding any action that may be right for you.

Frequently Asked Questions

I’ve been hearing about the Equifax breach in the news. What happened?

Equifax, one of the three major credit bureaus, experienced a massive data breach. The hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They also stole credit card numbers for about 209,000 people and dispute documents with personal identifying information for about 182,000 people.

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bankESB hires Vice President of Residential Lending

August 28, 2017

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of bankESB announced that Barbara Yanke has been hired as the new Vice President of Residential Lending. Yanke brings 21 years of banking experience to the job. She previously worked for Peoples United Bank in Brattleboro, VT. Yanke is a Certified Mortgage Professional and is certified with the Vermont Mortgage Bankers Association.

Yanke hired

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June 30, 2017

HOLYOKE, MA - Marge Manton, Treasurer and CFO of Loomis Communities and Chairman of the Holyoke Chamber Board of Directors announced the selection of Harry Montalvo, Community Development Specialist at bankESB, to receive the Henry A. Fifield Award for Voluntary Service to the Chamber. The award is named for the late Henry A. Fifield, former Amped executive and civic leader who served in leadership positions with the Chamber.

Harry Montalvo, Community Development Specialist
Harry Montalvo, Community Development Specialist

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bankESB Names Two New Branch Officers

May 8, 2017

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of bankESB announced that Betsy Schabacker has been promoted to Branch Officer of the Southampton Office and Natalie Didonna has been promoted to Branch Officer of the Main Street, Easthampton Office.

Betsy Schabacker Natalie Didonna

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Congratulations on your retirement, Julie Ouimette!

April 24, 2017

After 33 years of service to bankESB, Julie Ouimette, Senior Branch Officer of the Southampton Office, is retiring from the bank on April 28th. Best wishes and good luck on your retirement!

Julie Ouimette Retirement

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2017 Community Action Volunteer of the Year

February 22, 2017

Congratulations to Erin Joyce for being named the 2017 Volunteer of the Year from Community Action! of Franklin, Hampshire, and North Quabbin Regions. For the past 10+ years, she has been a part of the organization’s Volunteer Income Tax Assistance (VITA) outreach program.  This Free Tax-Assistance Program helps taxpayers with lower incomes maximize their tax refund or reduce their taxes due.  

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L to R: Jackie Brousseau-Pereira, Board President of Community Action; Erin Joyce, Special Assets Officer; Clare Higgins, Executive Director of Community Action; and Matthew Leger-Small, VITA program coordinator.

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bankESB hires Vice President Portfolio Manager

December 19, 2016

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of bankESB announced that Melissa Soto, has joined the bank as VP Portfolio Manager.

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Soto will support the commercial banking team at bankESB in maintaining and growing relationships, performing financial analyses and providing input to the loan decision process. She has over 20 years of experience in banking, most recently as VP Commercial Portfolio Manager at TD Bank. She held previous positions at People's United Bank and Hampden Bank.

Soto holds a Bachelors Degree in Business Administration from American International College and an Associates Degree from STCC. She is a graduate of the Mass Bankers School for Financial Studies.

Soto lives with her family in Westfield. 

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bankESB gets preliminary OK for drive-through service at branch planned in Holyoke

December 6, 2016

HOLYOKE:  Easthampton Savings Bank Monday received a favorable recommendation from a City Council committee at City Hall to include a drive-through-service window for a branch planned at Sargeant and Beech streets.

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bankESB partners with First-Time Homeowners, City of Holyoke and OneHolyoke CDC

November 14, 2016

First-Time Home Owner, Rafael Rivera, said the deal wasn't possible for the family without the help of the city, OneHolyoke CDC, and bankESB.

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PICTURED: Alicia Zoeller, Director of the City of Holyoke’s Office for Community Development; bankESB Community Development Specialist Harry Montalvo; new homeowners Rafael Rivera and Sheila Velasquez; Holyoke Mayor Alex Morse; and Michael Moriarty, Executive Director of OneHolyoke CDC.

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Providence Ministries Service Network (PMSN) Food Drive comes to a close

November 7, 2016

bankESB held multiple food drives throughout the month of October to collect food for Margaret’s Pantry and Kate’s Kitchen, both programs of the Providence Ministries Service Network based in Holyoke. A huge thank you to those who filled the donation boxes. Click below for full story.
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bankESB presents donations for a month-long food drive for Providence Ministries.

Pictured: Kathleen Burke, Director of Community Development (PMSN), Harry Montalvo, Community Development Specialist (bankESB),
Karen M. Blanchard, Executive Director (PMSN).






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Cyber Security Awareness Month - Spam & Phishing

October 7, 2016

Cybercriminals have become quite savvy in their attempts to lure people in and get you to click on a link or open an attachment.

The email they send can look just like it comes from a financial institution, e-commerce site, government agency or any other service or business.

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Cyber Security Awareness Month - Keep a Clean Machine.

October 1, 2016

The Internet is a powerful and useful tool, but in the same way that you shouldn’t drive without buckling your seat belt or ride a bike without a helmet, you shouldn’t venture online without taking some basic precautions.

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bankESB partners with Providence Ministries Service Network (PMSN) for Food Drive

September 30, 2016

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bankESB is partnering with Providence Ministries Service Network (PMSN) to run a month long food drive beginning October 1st.  This food drive will benefit Kate’s Kitchen, which serves meals 365 days/year to anyone in need no questions asked. Kate's Kitchen is located at 51 Hamilton Street, Holyoke.

Food items are at a critical low point at the Kitchen. Shelves need to be replenished with staples like peanut butter/jelly, tuna, hamburger helper, pasta/sauces, soups, stews, canned vegetables, baked beans, cake and cookie mixes and snack items.
Boxes will be placed at the following bankESB office for the month of October: Main Office, 241, Southampton, South Hadley, King Street, Locust Street and Westfield. Please spread the word and help us stock up the shelves before winter.

Also, PMSN needs volunteers to help run their daily activities. Please consider volunteering with PMSN from 9:00-2:00 p.m., or anytime between those hours; Monday through Friday at Kate's Kitchen, Margaret's Pantry and St. Jude's Clothing Center; and additional hours Saturday and Sunday 9:00 - 2:00 p.m. at Kate's Kitchen.

To volunteer please contact Brenda Lamagdeleine at 413-538-8026 or by email: For more details on our needs, call PMSN's main office at 413-536-9109.


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September 28, 2016

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of bankESB announced that the bank has been honored by the Boston Business Journal at the 11th annual BBJ Corporate Citizenship Summit. For the third year in a row, the bank was named a Top Corporate Charitable Contributor in Massachusetts. And, even more notably, for the second consecutive year the bank was recognized as the #1 business in the state with the highest average number of employee volunteer hours.

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bankESB Sponsors Nuestras Raices’ Community Garden Project

September 26, 2016

EASTHAMPTON, MA — Matthew Sosik, president and CEO of bankESB, announced the bank’s sponsorship of Nuestras Raices’ Community Garden project in Holyoke.

bankESB is sponsoring the purchase and installation of new signs at 12 community gardens throughout the city. “We are excited to participate in this unique, community-focused program that brings residents of Holyoke together in a positive way,” Sosik said.

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bankESB contributes $75,000 to Mercy Medical Center's Cancer Center Capital Campaign

June 1, 2016

SPRINGFIELD — Easthampton Savings Bank has donated $75,000 to Transforming Cancer Care – The Capital Campaign for the Sister Caritas Cancer Center.

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(Seen here celebrating the donation: Sister Mary Caritas; Thomas Brown, Executive Vice President, Retail Banking, Easthampton Savings Bank; Matthew Sosik, President and CEO, Easthampton Savings Bank; and Philip Glynn, MD, director of oncology, Sister Caritas Cancer Center. (Danny George/ Photo Provided )

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bankESB to Build Branch in Holyoke

May 23, 2016

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of bankESB announced the bank’s intention to build a branch in Holyoke. 

The entry into Holyoke provides an opportunity for bankESB to be a part of the recent revitalization of the City of Holyoke. It also reinforces the bank’s commitment to community banking in the local market.


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Kristine Koczajowski, VP Financial Services, awarded the Paul Harris Community Fellow Recognition

April 27, 2016

Please join us in congratulating Kristine Koczajowski, VP Financial Services, on being awarded the distinguished Paul Harris Community Fellow Recognition by the Rotary Club of Easthampton. Paul Harris Fellowship is awarded to a Rotarian whose work has been deemed “Beyond the line of duty” and exhibits “Service above Self”.  The individual must be focused on helping improve the welfare and happiness of people and has made a difference in the quality of life of others. 

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7 Tips for Protecting Yourself Online

February 1, 2016

Though the internet has many advantages, it can also make users vulnerable to fraud, identity theft and other scams. bankESB recommends the following tips to keep you safe online:


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10 Ways to Protect your Mobile Device

January 1, 2016

Your mobile device provides convenient access to your email, bank and social media accounts. Unfortunately, it can potentially provide the same convenient access for criminals. bankESB recommends following these tips to keep your information - and your money - safe.

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November 9, 2015

EASTHAMPTON, MA: Matthew S. Sosik, President and CEO of Easthampton Savings Bank, announced the Bank has been named Massachusetts’s Small Business Lender of the Quarter for the fourth quarter of fiscal year 2015 by the Small Business Administration (SBA). The bank generated 8 approvals during the quarter and 19 for the year. The SBA also designated Easthampton Savings Bank as a Preferred Lender.

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Typosquatting Alert

March 2, 2015

Typosquatting, also called URL hijacking or fake url, is a form of cybersquatting, and possibly brandjacking which relies on mistakes such as typographical errors made by Internet users when inputting a website address into a web browser.  For example:

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January 1, 2015

Thank you to everyone that voted for us!  We are truly proud to serve you. 

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