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Bristol County Savings Bank Opens Commercial Loan Office in Providence, Rhode Island

TAUNTON, MA, August 7, 2024 — Bristol County Savings Bank (BCSB), with headquarters in Taunton, Massachusetts and offices throughout southeastern Massachusetts and Rhode Island, announces the opening of a Commercial Loan Office at 5 Exchange Street in the Homewood Suites by Hilton Downtown Providence building. From this convenient, high-profile location, the Bank’s experienced commercial and community lending teams will assist customers with a variety of lending needs, from commercial and personal loans and mortgages to cash management services. The 4,800 sq. ft. office, located at the northeast corner of Kennedy Plaza, features an urban design, two floors of business-forward space and a community room available for non-profit organizations to use for meetings.

“Over the past several years we have experienced particularly strong loan growth in Rhode Island with a considerable portion of the Bank’s lending portfolio now residing in the state,” said John Silva, President of Bristol County Savings Bank. “We are focusing our efforts to further expand in Rhode Island and are excited to enjoy a premier, physical location in downtown Providence to combine our brand of personal service with a process that is simple and streamlined to help our customers focus on building their businesses.”

Silva added that the Bank’s team for the build out included Jamie and Jeff Karam, Co-CEOs of First Bristol Corporation based in Fall River, Massachusetts; Leeds Mitchell IV, Executive Vice President with MG Commercial in Providence; Glenn Kornichuk, President, along with David Costa, Vice President and Mark Trettel, Senior Project Manager from The Torrey Company based in Attleboro, Massachusetts; and Jeff Porter, Project Manager, ZDS Architecture, also based in Providence.

“We’ve been supporting the growth of businesses in Rhode Island since the opening of our first branch in Pawtucket in 2001,” said Tim Chaves, EVP/Chief Lending Officer for the Bank. “We see this move to a premium space in the hub of Providence as a natural progression for our expansion plans. The execution will be similar to our expansion into downtown New Bedford several years ago where we capitalized on a relationship-driven and community-focused strategy.”  More recently, the Bank has expanded its footprint in Rhode Island with the acquisition of branch offices in Greenville and Cumberland.