Welcome to our quarterly President's Message – a place where you can quickly catch up on what has been happening and get a glimpse at what we are looking forward to.
We are pleased to report that 2017 has been a great year for us so far and that the future looks increasingly bright. Our financials remain strong and our asset size is still growing. As we continue to progress, we are presented with more opportunities to serve the financial needs of our neighbors and support the well-being of our surrounding communities.
As a team, we enjoy participating in community events where we can support great causes while becoming better acquainted with area residents and local businesses. You may have seen us in the Bridgewater 4th of July parade. We also hosted the 15th Annual Foundation Golf Classic at LeBaron Hills Country Club. All proceeds from the tournament went to The Bridgewater Savings Charitable Foundation, and from there funds will be distributed as financial grants and monetary gifts to local non-profit organizations.
In addition to supporting many local organizations, including United Way, Old Colony YMCA, Father Bill’s and MainSpring, and various chambers of commerce, we look for ways to support the aspirations of area residents. With another school year quickly approaching, we were thrilled to award 14 local students with $21,000 in scholarships. Best of luck to all recipients on their academic endeavors and beyond!
While there is always a lot happening throughout the community, we are busy in our branches as well. We pride ourselves on an ever-growing suite of products and services. Most recently, we introduced AddVantageSM Checking to our lineup of account options. With AddVantage, as customers’ balances grow, so do their benefits – giving them an extraordinary banking experience.
As time progresses and even greater convenience is found through enhanced banking technology, we continually reevaluate our digital security efforts to ensure all customer information remains safe. In order to keep our technological infrastructure up-to-date at all times, we train our employees and educate our customers about the many red flags associated with cyber threats.
We value secure practices and keep them top-of-mind as we seek to find fun ways to connect with our online community via our website and social media platforms. We had a great time hosting a Seasons of Bridgewater Savings Photo Contest on Facebook to gather local photography for our 2018 calendar. Many photos of local scenery were submitted for a chance to win the grand prize and spot in the calendar. We enjoyed seeing the community through many different lenses. Congratulations to Dagny Kream for winning first place and to Bob Morse and Rob Spera for winning second and third place, respectively.
As 2017 continues, our focus will remain fixed on offering our customers dependable financial solutions, ensuring individualized service, and making a positive impact throughout our region. Keep an eye out for details about events we are planning for later in the year, including a First Time Home Buyer Seminar and SEED Entrepreneurial Workshops.
We greatly appreciate your support as we pursue these various endeavors and seek to strengthen our institution as a whole. Loyal customers are essential to our growth, and we value your unwavering support as we continually work to enhance your “uncommon” banking experience. Thank you for trusting us to be your bank.
Peter Dello Russo
President and CEO