Company Research Report: Dedham Savings

Company Overview

• Name: Dedham Savings

• Mission: Dedham Savings believes in supporting their clients' dreams, goals, and plans, delivering products and services that help clients every step of their financial journey.

• Founded: Incorporated in 1831

• Founders: No specific information on individual founders.

• Key People:

• Peter Brown, President and Chief Executive Officer

• Mark Ingalls, Executive Vice President | CFO & COO

• Liz Bissell, Executive Vice President | Chief Marketing Officer

• Laura W. Dorfman, Executive Vice President | Residential & Consumer Lending | NMLS #915580

• Robert Erasmi, Executive Vice President | Chief Retail Banking Officer

• Victoria Graves, Executive Vice President | Chief Information Officer

• John Huether, Executive Vice President | Chief Risk Officer

• Victoria Kane, Executive Vice President | Chief Human Resources Officer

• Douglas Shaw, Executive Vice President | Senior Lending Officer

• Headquarters: 55 Elm Street, Dedham, MA 02026

• Number of Employees: Not specified in the available information.

• Revenue: Not specified in the available information.

• Known For: Dedham Savings is known as one of the oldest banks in Massachusetts, maintaining its original charter. It focuses on technology-driven solutions in a client-centric manner to promote financial success for individuals, families, businesses, non-profits, and municipalities.

Products

• Product Offerings:

• Personal Banking: Includes checking, savings, family banking, online & mobile banking, credit & debit cards, mortgages, and loans.

• Business Banking: Offers business accounts, cannabis banking, online & mobile banking, cash management, business loans, real estate loans.

• Investments & Insurance: Provides personal and business insurance, personal investments, and group retirement plans.

• Product Descriptions:

• Checking and Savings Accounts: Varied services for personal and family banking needs.

• Mortgages and Loans: Tailored mortgage options and personal loans aiming to make financial journeys easier.

• Online & Mobile Banking: Access and manage accounts from anywhere using mobile devices.

• Business Loans and Accounts: Support for businesses with account management and loan services.

• Investments & Insurance: Guidance for personal and business financial security and growth planning with investment and insurance services.

Recent Developments

• Recent Appointments:

• Stephen Caputo was appointed as Senior Vice President, Commercial Lending. In this role, he focuses on cultivating and managing commercial and industrial (C&I) client lending relationships.

• New Initiatives:

• Dedham Savings made a $150,000 grant contribution to the Dedham Town Green project through their community foundation. This grant is the largest donation to the project, pushing fundraising efforts toward their $500,000 goal.

• Community and Digital Enhancements:

• Continued investment in community support and digital banking feature enhancements, as indicated in their annual reports.

Additional Information

• Note: More detailed financial information like revenue and employee numbers have not been disclosed in the available data.

• Contact Information:

• Phone: 1 (781) 329-6700

• Website: Not explicitly provided but associated with Dedham Savings bank.

• Address: 55 Elm Street, Dedham, MA 02026

Dedham Savings continues to support its communities by providing inclusive, client-centered banking experiences while focusing on modernizing its digital solutions for greater customer convenience.