Allen Street Groundbreaking
We broke ground at our second Hampden County branch on Tuesday, June 12th! Our new, full-service branch will be located at 1444 Allen Street in Springfield.
“We’re coming to Springfield!” John Heaps Jr., President and CEO, told a crowd of roughly fifty people who gathered for the celebratory event. “Our focus is on our customers and on helping to reinvigorate the community.”
Heaps grew up in the Springfield area, and he said the expansion into Springfield “is like coming back home. I used to hang around here. This feels great.”
Likewise, Nikki Gleason, branch manager for the Allen Street location, said, “Springfield is my home, where I work, volunteer and spend much of my time. I am thrilled to be serving as the branch manager and happy to be working for Florence Bank. I look forward to seeing many familiar faces and meeting new customers and friends.”
“We’re looking at opening two more branches in Hampden County” Heaps said. “This is not just dipping our toe in the water. We’re here, and we’re going to be part of this community for a long time.”
Heaps said the time was right for expansion into the Springfield area because bank mergers and acquisitions in past years have left Springfield without a local bank headquartered there.
As he spoke to the crowd at the groundbreaking, Springfield Mayor Domenic Sarno picked up on this point. “Sometimes, the community touch is lost,” Sarno said.
“Florence Bank is accessible. A person will answer the telephone,” he added. “The city of Springfield is growing, and Florence Bank will continue to move it forward.”
The new branch is expected to open later this year.