banking

BCSB plans on Freetown branch

Posted 4/2/13

TAUNTON – Continuing with its steady growth, Bristol County Savings Banks announced that it will be opening a new branch in East Freetown in Crossroads Commons during May, pending regulatory approval.

“We are looking forward to showing the residents of East Freetown and the surrounding area the value we place on personal customer service and the strong commitment we have always had to the communities we serve,” said Patrick J. Murray Jr., president and CEO of Bristol County Savings Bank. The branch formerly was a Bank of America branch.

Bristol County Savings Banks recently received regulatory approval to complete the acquisition of four Admirals Bank branches, two in New Bedford, one in Fall River and one in Raynham, which it plans to convert into BCSB offices on April 8.

The bank has $1.4 billion in assets, and with the completion of the opening of the East Freetown branch, it will have 16 full-service branches in the region, which in addition to those mentioned already are located in Attleboro, Dartmouth, Fall River, Franklin, North Attleborough, New Bedford, Taunton, Raynham, Rehoboth and Pawtucket, as well as two branches located in high schools in Attleboro and Taunton.

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