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News Stories (58 Results) - Cambridge Savings Bank

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that its Asset-Based Lending (ABL) team has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits... Read Story
October 17, 2024, 09:06 AM


Valiant Energy Solutions, an energy services company with a 60-year legacy throughout Connecticut, announced a strategic partnership with Cambridge Savings Bank (CSB). This partnership will enable Valiant Energy to expand its portfolio, offering the... Read Story
October 08, 2024, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that Daniel Carey has been promoted to Senior Vice President, Chief Financial Officer (CFO). Previously the Head of... Read Story
September 06, 2024, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that Ian Brandon has been promoted to Executive Vice President, Chief Commercial Banking Officer (CCBO).Brandon’s... Read Story
August 15, 2024, 08:00 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that Kevin McGuire, previously the Chief Information Officer (CIO), has been appointed as the new Chief Operating... Read Story
July 17, 2024, 08:03 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that Angela Conti will be joining the leadership team as Head of Consumer and Small Business Banking. In her newly... Read Story
June 05, 2024, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it has provided Chesterbrook Community Foundation with a $25,000 donation to support the renovation of the... Read Story
May 10, 2024, 06:00 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Corporate Banking team has provided Fair Haven Community Health Care (Fair Haven CHC) with a combined $26.1... Read Story
April 04, 2024, 07:39 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that its Asset-Based Lending (ABL) team has provided a $10.5 million credit facility to Stauer, a direct marketing... Read Story
March 21, 2024, 07:57 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it was the lead bank in a $45 million participation loan for Modera Wealth Management, LLC (Modera)’s transaction... Read Story
February 22, 2024, 07:53 AM


Cambridge Savings Bank (CSB) announced that it has hired Ryan Bailey as the bank’s new President and Chief Executive Officer (CEO).Bailey was hired after the bank conducted a national search to succeed current president and CEO, Wayne Patenaude, who... Read Story
February 15, 2024, 08:02 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided the Melrose Affordable Housing Corporation (MAHC) with a 30-year, $500,000 commercial mortgage loan. The MAHC is a local... Read Story
February 01, 2024, 07:43 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, provided a small business administration (SBA) term loan to restaurateur Tom Schlesinger-Guidelli. The loan will be used to... Read Story
December 05, 2023, 07:46 AM


Cambridge Savings Bank (CSB) announced that its small business lending team provided a $250,000 loan to Enhanced Mechanical Contracting, LLC. Based in Boston, Enhanced Mechanical Contracting provides customized HVAC services to facilities across... Read Story
October 31, 2023, 07:27 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, announced the appointment of Michael Richardson to the role of Vice President, Relationship Manager, on the Asset-Based... Read Story
October 26, 2023, 08:00 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Asset-Based Lending (ABL) team has provided a credit facility to Bigbelly Solar, LLC (Bigbelly), the global... Read Story
October 19, 2023, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $2.6 million in financing to support the acquisition and transition of ownership for White Wood Kitchens, the well-known... Read Story
August 11, 2023, 08:04 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Asset-Based Lending (ABL) team provided a $10 million revolving line of credit to Leadpoint Business Services... Read Story
July 25, 2023, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, has increased the Commercial and Industrial (C&I) revolving line of credit for First Boston Construction Holdings, LLC (FBCH) to... Read Story
June 28, 2023, 07:45 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, appointmented Tony Macchi to the role of Senior Vice President, Digital and Products. Macchi will spearhead the bank’s ongoing... Read Story
June 15, 2023, 07:42 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has invested $1 million in Healthy Neighborhoods Equity Fund II (HNEF II). Developed by Massachusetts... Read Story
June 13, 2023, 07:38 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Asset-Based Lending team (ABL) provided a senior credit facility to BFC Solutions (BFC), a national provider of... Read Story
April 19, 2023, 08:01 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $15.3 million in financing to ROC USA® since 2021. Headquartered in Concord, NH, ROC USA is a nonprofit organization on a... Read Story
April 12, 2023, 07:45 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $10 million in financing to American Gas Products (AGP), a full-service national industrial and specialty gas supplier.... Read Story
March 02, 2023, 08:02 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that it is supporting Allen & Gerritsen (A&G) in its effort to reimagine its work environment with a $1 million equipment... Read Story
February 22, 2023, 07:41 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $5.3 million in lending to support the transition of ownership of Formaggio Kitchen, a regional chain of gourmet food... Read Story
February 14, 2023, 08:03 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, announced that its Asset-Based Lending team provided an $8.8 million credit facility to Cascade School Supplies. Based in North Adams... Read Story
January 19, 2023, 08:01 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced it is the lead bank in a $93 million construction loan to support the Innes Redevelopment Project, with the  development... Read Story
December 08, 2022, 07:58 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced that it has provided $16 million in funding to support the expansion of Tropical Products, a private label manufacturer... Read Story
November 10, 2022, 07:58 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, announced that its Asset-Based Lending team provided a $4 million revolving line of credit to Artist & Craftsman Supply (A&C), a... Read Story
November 01, 2022, 07:56 AM


Cambridge Savings Bank (CSB), a full-service?mutual bank with a customer-first approach and more than $5 billion in assets, provided a loan to finance the rollout of an Employee Stock Ownership Plan (ESOP) for Metro Walls, a full-service commercial... Read Story
September 29, 2022, 07:59 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, provided construction loans totaling $84.5 million to Strategic Land Ventures (SLV), a vertically integrated real estate... Read Story
August 30, 2022, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a revolving line of credit to Crave Better Foods, LLC, a provider of... Read Story
August 17, 2022, 07:45 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Corporate Banking team provided new client, Fulfillment America, Inc., with a $6.5 million financing... Read Story
August 03, 2022, 07:43 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has provided a $61.7 million construction loan to The Michaels Organization (Michaels), a national leader... Read Story
July 21, 2022, 07:56 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Corporate Banking team led the financing for the ground-up construction of Lovell Arena with a $20... Read Story
July 07, 2022, 07:58 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Corporate Banking team provided Atlantic Equipment with $4.3 million in funding to support its expansion... Read Story
June 02, 2022, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a $2.1 million commercial real estate mortgage and construction to... Read Story
May 19, 2022, 07:40 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies’... Read Story
February 08, 2022, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a $9 million revolving line of credit to Auto Advance, LLC — an auto... Read Story
February 03, 2022, 08:02 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team offered a lending solution to support the growth of LAB Medical Manufacturing with... Read Story
December 02, 2021, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a $4M credit facility to GWA Auto Parts (GWA), an importer, distributor... Read Story
November 23, 2021, 08:01 AM


Cambridge Savings Bank (CSB) announced that its Asset-Based Lending team has closed a custom financing package for Medical Record Associates, LLC (MRA), a leading provider of medical coding, auditing and cancer registry services. The Wellesley... Read Story
November 02, 2021, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach, announced that its Asset-Based Lending team provided a revolving line of credit to Noreast Outdoorz, LLC, an outdoor sporting and recreational equipment supplier... Read Story
October 26, 2021, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has extended an $8 million credit facility to The Ockers Company, an information... Read Story
September 23, 2021, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced Michael Bonsey has joined the bank as Chief Credit Officer. Bonsey’s charge is to maintain the standing of the... Read Story
September 10, 2021, 07:40 AM


Cambridge Savings Bank announced that its Asset-Based Lending team has added on to an existing credit facility extended to Purity Services, Inc., a full-service healthcare linen rental and commercial laundering company based in New Bedford... Read Story
July 29, 2021, 07:45 AM


Cambridge Savings Bank announced that its Commercial Lending team has extended financing to R.J. Forbes Painting Contractor, Inc. (R.J. Forbes) by securing a SBA 504 Loan through Bay Colony Development Corporation, a certified development company... Read Story
June 15, 2021, 07:35 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced it provided Worcester Envelope Company with an expanded credit facility, based upon the growth expected as Worcester... Read Story
April 13, 2021, 07:21 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced it has successfully transitioned Melrose Bank customers and added CSB’s 17th physical location. Following the... Read Story
March 12, 2021, 07:15 AM


Cambridge Savings Bank (CSB) recently extended a new credit facility for Freeport, Maine-based Eastland Shoe Corp. By taking the time to understand the company’s unique needs and challenges, CSB’s Asset-Based Lending team created a custom solution... Read Story
February 09, 2021, 07:50 AM


Cambridge Savings Bank (CSB) announced the closing of a $7,200,000 deal with Premier Fence, LLC. Premier Fence, LLC a fence contractor, based in Canton, MA, specializes in design, fabrication, and installation of residential and commercial fences.The... Read Story
September 29, 2020, 09:00 AM


Cambridge Savings Bank (CSB) announced the closing of an $8,000,000 senior secured credit facility with Mohawk Rubber Sales of NE Inc. (Mohawk Rubber Sales), the largest family-owned and operated distributor of tire parts, equipment and supplies to... Read Story
September 09, 2020, 09:00 AM


Cambridge Savings Bank (CSB) announced the closing of a $4,350,000 senior secured credit facility with Purity Linen Services, Inc., a full-service linen commercial laundry company serving the healthcare industry based in New Bedford... Read Story
July 23, 2020, 09:05 AM


Cambridge Savings Bank (CSB) announced the closing of $4,500,000 in senior secured credit facilities with a New England based steel framing manufacturer and fabricator.The credit facilities provided by CSB’s Asset-Based Lending Team allowed the... Read Story
June 25, 2020, 08:41 AM


Cambridge Savings Bank (CSB) announced the closing of a senior secured credit facility with Worcester Envelope Company, a print and mail solutions company headquartered in Auburn, Massachusetts.The credit facility provided by CSB’s Asset-Based... Read Story
November 19, 2019, 08:40 AM


Cambridge Savings Bank (CSB) announced the closing of a $12,500,000 senior secured credit facility with New England and Northeast Linen Supply (NELS), a leading linen service and uniform rental company that provides a full suite of textile products... Read Story
June 26, 2019, 08:39 AM


Cambridge Savings Bank (CSB), one of the oldest and largest community banks in Massachusetts, announced today that it has hired the veteran Asset-Based Lending (ABL) team of Keith Broyles and Yvonne Kizner to lead CSB’s newly created ABL business... Read Story
June 18, 2019, 08:55 AM