Cambridge Savings Bank grows in Somerville, adding Assembly Square as its 18th branch site
Cambridge Savings Bank opened its 18th branch location Thursday in Somerville’s Assembly Row. Until the opening, the bank had only one Somerville location: a Wilson Square ATM.
Blue Owl rooftop bar and Toscanini’s openings will mark victories in the struggle for 907 Main
Ice cream lovers don’t need to line up quite yet outside the once and future Toscanini’s at the 907 Main hotel, but those yearning for the Blue Owl rooftop bar don’t have much longer to wait. That both are soon to happen is a relief to hotel owner Patrick Barrett.
Attend meetings on gun violence, reparations, trees and climate, apartments and much more
Public meetings this week look at gun violence, reparations and the environment; school reopening plans and resolutions for the deceased and the retiring; plans in Central and Harvard squares for apartments; hiring the next city manager; and much more.
Attend meetings about a digital equity timeline, city budget, 2072 Massachusetts Ave. building
Public meetings this week look at a digital equity timeline, outdoor dining and Alewife traffic congestion; the next fiscal year’s budget, department by department; Covid vaccinations for kids and an Eversource brochure backlash; and affordable apartments proposed for 2072 Massachusetts Ave.
Families in cities outside Cambridge are eligible for Just-A-Start, Cambridge Savings rent help
The nonprofit developer Just-A-Start and Cambridge Savings Bank are supporting families with emergency rental assistance and affordable housing in Chelsea, Revere, Everett and Malden.
Attend meetings on condo conversion fee idea, neighbor groups, Envision goals, Alewife plan
Public meetings this week look at the city’ credit ratings, zoning plans and whether to add affordable housing to a city parking lot in West Cambridge; services for students; neighborhood group representation and the goals of Envision Cambridge; and a possible condo conversion fee.
Coalition: This is the time to Move Your Money into small banks that care about the community
For decades, we have entrusted too much of our money to a handful of really big banks that hold power over our communities without giving back, regularly practicing unethical and biased lending practices and catering disproportionately to big, not small, businesses. We have to move our money.
Rodney’s closes in Central Square and for winter before seeking new home; A bank may replace it
Rodney’s Bookstore has closed in Central Square, with its wares stored in anticipation of a spring opening in a new location. It could be replaced by a relocated bank, but recently passed zoning complicates that move.
Cambridge Trust merges with Wellesley Bank in $122 million deal, leaping up to 22 branches
Wellesley Bancorp, the parent of Wellesley Bank, has agreed to an acquisition by Cambridge Bancorp in a deal valued at $122 million. The transaction is expected to be complete in the second quarter of 2020.
Another bank branch is under construction, East Boston Savings filling former wine shop
Coming shortly to 1741 Massachusetts Ave., formerly the University Wine Shop, is a – wait for it – bank. An East Boston Savings Bank branch will open its doors as soon as a remodel is complete, according to the leaser of the property.
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