Tuesday, November 20, 2012
Why isn't BSB CEO Bob Mahoney ever seen in the same room with "Tom"?
That was no turkey people saw entering the Belmont Savings Bank Monday afternoon, Nov. 20. In fact, that was Belmont Savings' President and CEO Robert Mahoney wearing the over-sized turkey costume. But this was not a bank promotional gone bad or the long-time banker paying off a losing bet. For the second time in as many years, Mahoney played 'Tom Turkey' delivering fresh holiday birds to bank employees a few days before Thanksgiving. Mahoney – who for the past two years has been in charge at Belmont Savings – made the rounds Monday to each branch office, the backroom operation on Concord Avenue and finally finishing at the main office just before closing, carrying 125 birds around Waltham, Watertown and Belmont for staff to take home. "…
42.39667
-71.17589
Belmont Savings Bank
2 Leonard St, Belmont, MA
/articles/tom-turkey-makes-holiday-deposit-to-belmont-savings-staff
156588
/locations/8174163
Wednesday, February 8, 2012
Office inside Shaw's Supermarket marks first venture outside Belmont, Watertown.
BSB Bancorp, Inc., the holding company for Belmont Savings Bank, announced Wednesday, Feb. 8, a partnership with Shaw’s Supermarket to open an in-store branch at Shaw’s location at 1070 Lexington St. in Waltham. The target opening of May 1 is scheduled for the new in-store branch. The branch will have five staff members, a business banking officer, two ATMS and a night deposit drop off for businesses. The branch will be open six days per week with extended hours: Monday – Friday, 10 a.m. to 7 p.m., Saturday, 10 a.m. to 5 p.m. The branch marks the Belmont bank’s first expansion in a decade and the bank’s first Waltham branch. During the bank’s conversion from a mutual bank to a stock-ownership holding company this past summer, branch …
42.39667
-71.17589
Belmont Savings Bank
2 Leonard St, Belmont, MA
/articles/belmont-savings-opens-branch-in-waltham
156588
/locations/6340914
Wednesday, October 19, 2011
Hits on personal service and commitment to its community .
After more than 125th anniversary, Belmont Savings Bank is sporting a spiffy new look. As part of its ongoing branding campaign, BSB Bancorp – the stock-ownership holding company of Belmont Savings – introduced this week a new logo, updated signage at it's four offices and an advertising campaign that gives the institution's two cents on banking services with the tagline, "How Can We Help You?" BSB Bancorp – symbol BLMT – is now offered on the Nasdaq stock exchange. BSB stock is currently at $10.26 a share as of the end of the day Tuesday, Oct. 18. “This rebranding really builds on our 125 year history of being rooted in the community and providing personalized service,” said Bob Mahoney, President and CEO of Belmont Savings Bank. “But its…
42.39667
-71.17589
Belmont Savings Bank
2 Leonard St, Belmont, MA
/articles/belmont-savings-presents-new-branding-logo
156588
/locations/5624198
Monday, October 17, 2011
Grossman, BSB officials join to pump state funds into growing firms such as FE French.
When Michael French and his brother, Frank, were looking for a bank last year to take their small, growing business – F. E. French Construction, a 14 employee, 10-year-old, full-service excavation and utility contractor – they selected their hometown bank, Belmont Savings Bank. "It felt like a good fit," said the tall and somewhat imposing French. And when the 30-somethings applied recently for "a security blanket," an equity loan to allow the company to pay their bills within 30 days and purchase equipment, the French's became the first recipients of an innovative program in which Massachusetts This past Friday, at French's garage in Waltham near the Belmont line, Massachusetts Treasurer Steven Grossman and Belmont Savings CEO Robert …
42.39667
-71.17589
Belmont Savings Bank
2 Leonard St, Belmont, MA
/articles/belmont-savings-treasurer-provides-french-bread-for-business
156588
/locations/5808633
Monday, August 22, 2011
CEO hopes move from mutual bank will allow 126-year-old institution to raise capital to grow.
With an eye on raising capital to push its growth agenda, Belmont Savings Bank announced today, Aug. 22, that it is beginning the process of converting the 126-year-old institution from a mutual bank to a stock-ownership holding company. "We are growing the bank and the way to do that is with capital," said Bob Mahoney, Belmont Savings' president and chief executive officer. "And the only way to get that capital to meet our goal of being the most admired bank in the area is by selling stock," said Mahoney, who said the prospectus was sent in the mail to depositors on Friday, Aug. 19. Mahoney said the conversion should be completed by the end of September. Despite the widespread pummeling both national and local banks and their stocks …
42.39667
-71.17589
Belmont Savings Bank
2 Leonard St, Belmont, MA
/articles/belmont-savings-to-convert-to-stock-company
156588
/locations/5160390
Matt Sullivan
4:00 pm on Wednesday, February 8, 2012
The best bank in town! Good luck with the new branch! more ›