Category Archives: Bank News

Welcome, Bill!

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William_Eastty2Please join us in welcoming Bill Eastty, Vice President of Residential Lending, to the MutualOne Bank family! Bill has nearly three decades of lending experience, most recently at Crescent Credit Union in Brockton, where he headed up the residential and commercial lending departments for nearly a decade. Previously, he had served for 12 years as vice president of residential lending at Mayflower Cooperative Bank in Middleboro.

A New Jersey native, Bill graduated from Bryant College (now University) in Rhode Island with a bachelor’s degree in business administration — with a concentration in restaurant management. But it only took a few years to realize that restaurant life wasn’t the life for him, he says.

He opted instead for financial services, where his first position was negotiating secondary market loan sale transactions with private investors, first with a mortgage insurance company in New Jersey and then moving on to a Virginia bank. Bill met, and later married, his wife, Diana, in Virginia and the couple happily returned to New England. They settled in Wrentham, where they still live today, with daughters Heather and Kayla.

Bill’s outside interests include golf, skiing, and running. And, yes — he did run the Boston Marathon “once upon a time,” finishing in 2:48. This year, though, he’ll be enjoying a sidelines view of the Marathon from the vicinity of one of MutualOne’s Framingham or Natick locations!

Welcome to MutualOne and MetroWest, Bill!

Now Showing

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MoVisitors to the AMC Movie Theater in Framingham will see our new video playing during the previews.

The video stars our new mascot “Mo” (Mutual + One = Mo) demonstrating how easy and convenient it is to bank with MutualOne, thanks in part to Mobile Banking and our Mobile Banking apps.

Enter to win movie passes!
Each Monday until April 1, 2013 we will be giving away four packs of movie passes to the AMC Framingham 16. Visit our Facebook Page for details or to enter.

Missed our video? You can meet Mo by watching the video below!

This promotion is in no way sponsored, endorsed or administered by, or associated with, Facebook. You are providing your information to MutualOne Bank and not to Facebook. The information you provide will only be used for Notification of winners and other contest information.

No purchase necessary. One winner will be selected each week, and notified by e-mail, with additional notification through the Bank’s Facebook Page. Passes will be mailed to the address provided at time of entry. Employees of MutualOne Bank are not eligible.

Gogliormella named manager of our Natick office

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DonnaGMark R. Haranas, president and CEO of MutualOne Bank, announced today that Donna Gogliormella has been promoted to manager of the Bank’s Natick office.

Gogliormella previously served as senior account representative at Framingham
Co-operative Bank prior to that institution’s 2012 merger with Natick Federal Savings Bank and the subsequent formation of MutualOne Bank. She had been named assistant manager of the Natick office following the merger.

She joined Framingham Co-operative Bank in 2007 with more than 15 years of banking experience at local institutions including TD Banknorth, Bank of Boston, BayBank Middlesex, and Framingham Savings Bank. She also has retail, systems, and human resources experience.

A Worcester resident, Gogliormella attended Framingham State College.

New Hours – Effective February 4th

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M1-NewHoursPlease note our new office hours which will take effect February 4, 2013.

Framingham: One Lincoln Street
Lobby & Drive­-up
• Monday – Thursday: 8:30 am – 4:30 pm
• Friday: 8:30 am – 6:00 pm

Framingham: 828 Concord Street
Lobby & Drive-up
• Monday – Thursday: 8:30 am – 5:00 pm
• Friday: 8:30 am – 6:00 pm
• Saturday: 9:00 am – 1:00 pm

Natick: 49 Main Street
Lobby & Drive-up
• Monday – Thursday: 8:30 am – 4:30 pm
• Friday: 8:30 am – 6:00 pm
• Saturday: 9:00 am – 1:00 pm

Framingham Loan Center: 160 Cochituate Road
• Monday – Friday: 8:00 am – 5:00 pm

Telephone Client Services: (508) 820-4000
• Monday – Friday: 7:30 am – 5:30 pm
• Saturday: 9:00 am – 1:00 pm

Click here for our current hours.

 

Bank’s $6,000 gift will help local veterans

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In Appreciation — Paul Carew, Natick’s director of veterans services (left), presented certificates of appreciation to MutualOne Bank and to the Bank’s Rachel Stewart, business development officer, and Steven Sousa, executive vice president and chief operating officer, following the Bank’s donation to the Natick Veterans Relief Fund.

MutualOne Bank has donated $6,000 to the Natick Veterans Relief Fund, a special fund recently established by Paul Carew, director of veterans services, to serve local veterans in need.

The Bank’s donation was raised during its signature Checking for Charity promotion. According to Steven M. Sousa, executive vice president and chief operating officer, the Bank donates $10 to a designated charitable cause for each new personal or business checking account opened during the promotion period.

Carew credited MutualOne’s donation with enabling him to grow the Veterans Relief Fund to nearly $12,000 in a short time. “The Bank helped us get off to a real good start; we’re extremely grateful,” he said.

The Natick Veterans Relief Fund is designed to supplement the number of resources available to veterans through the local Department of Veterans Services. While a number of established programs are available through the department, many of them involve a long process or restricted criteria. The Relief Fund is a source of immediate financial assistance to veterans in need, said Carew.

Get to know MutualOne Bank

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Why did you choose the name MutualOne Bank?
A mutual bank is a conservative, non-stock financial institution that operates for the benefit of its depositors and the community, not for stockholders.

The merger of two community-based mutual institutions into one financial entity designed to serve a combined and expanded marketplace called for a new, descriptive name reflecting its focus rather than its geography.

Framingham Co-operative Bank and Natick Federal Savings Bank are now MutualOne Bank, operating under a mutual Massachusetts co-operative bank charter.

Why would two solid community banks join forces?
Combining the inherent strengths of two popular independent community banks, each with the desire to grow, made good financial sense. The result is an even stronger institution better equipped to  embrace today’s technology and enhance product offerings while upholding a longstanding commitment to local residents and businesses.

How big is the “new” MutualOne Bank?
MutualOne Bank has three full-service banking offices in two thriving MetroWest communities, Framingham and Natick, and also a loan center and administration office in Framingham.

Has the leadership team changed?
The top management team at MutualOne Bank is headed by Mark R. Haranas, former president and chief executive officer of Framingham Co-operative Bank. Brian K. Peoples, former president and chief executive officer of Natick Federal Savings Bank, is now a consultant to MutualOne Bank and also serves on the Bank’s board of directors. All other employees of the two original institutions remain in place.

Will the practice of “giving back to the community” continue?
Through its MutualOne Charitable Foundation and other avenues of support, the Bank will continue a long, combined history of commitment to improving and enhancing the quality of life in Framingham, Natick, and surrounding communities. Last year alone, the Foundation provided over $235,000 to local charitable, educational, and civic initiatives. MutualOne Bank will continue to be a good neighbor!

Are my deposits insured at MutualOne Bank?
Yes. Your deposits are fully insured by the Federal Deposit Insurance Corporation (FDIC) and the Share Insurance Fund (SIF) of The Co-operative Central Bank.. Each depositor is insured by the FDIC to at least $250,000. All deposits over this amount are insured by the SIF. There are no maximum account or amount limitations.

Andrew Miller joins MutualOne Bank

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Mark R. Haranas, president and CEO of MutualOne Bank, announced today that Andrew R. Miller of Needham has joined the Bank as vice president, commercial lending.

Miller has a decade of commercial and residential lending experience, most recently as a commercial banker with Citizens Bank. Earlier in his career, he served as chief operating officer with Residential One Mortgage, LLC.

Currently pursuing doctoral studies in leadership at the University of Phoenix with an expected completion date of 2013, Miller also holds a bachelor’s degree from Purdue University and an MBA from Babson College.

Active in the community, he coaches Babson College undergraduates on leadership and is a HOPE program volunteer, teaching inner-city children about banking, budgeting, and credit. He also volunteers at the Pine Street Inn in Boston.

Important Information for customers of Natick Federal Savings Bank

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Online Banking and Bill Payment service has been terminated
Online banking service through the Natick Federal Savings Bank web site (NatickFederal.com) ended on Friday, September 21 at 3:00 PM. Any bills scheduled for payment through September 21 were paid. Any bills or transfers scheduled for payment after that date – or any recurring payments scheduled to be paid after that date – were not paid. You will need to enter those payments into the new MutualOne Bank online banking system.

Sign up for online account access at MutualOne.com
Click here to sign up for online banking at MutualOne Bank. It only takes a few minutes to register, and all you need are your driver’s license number, primary account number and Social Security number. It may also be helpful to have the balance in your primary account as of the latest statement date. You can expect your Online Banking service to be activated within two business days or less.

Set up Bill Payment
When you sign up for Online Banking, you will be automatically enrolled in our Bill Payment service unless you choose otherwise. Once your Bill Payment service has been activated, you can enter your payees at the Make a Payment section of the Online Banking home page.