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Monson Savings Bank Donates $5,000 to Healing Racism Institute of Pioneer Valley

Left to Right: Ryan McCollum, Healing Racism Board of Directors; Paul Robbins, Healing Racism Board of Directors; Vanessa Otero, Healing Racism Executive Director; Dina Merwin, Monson Savings Bank SVP

Chief Risk & Senior Compliance Officer; and Dan Moriarty, Monson Savings Bank President and CEO. 

Monson, MA – Monson Savings Bank, a locally operated bank celebrating its 150th year of business this year, has a longstanding history in Western Massachusetts communities. Likewise, the Bank has a longstanding history of supporting all people living in the communities that the Bank serves.

Recently, Monson Savings Bank made a $5,000 donation to the Healing Racism Institute, headquartered in Springfield, in support of their work in the region. The Healing Racism Institute aims to help create a better understanding of the root causes and effects of racism, while also explaining the institutional nature of racism. The Institute’s hallmark program is its two-day Healing Racism sessions, which provide a safe environment to learn about the impact of racism on our nation and community in an engaging and transformative process.

“Monson Savings Bank supports the Healing Racism Institute of Pioneer Valley and the important work that they are doing for our communities,” said Dan Moriarty, President and CEO of Monson Savings Bank. “We commend them for all of the work that they do to make the world a better place, specifically working to make the communities we live in a better place. Monson Savings is a local bank, meaning everyone who works at the Bank lives here. We are working, raising our families, and living in the communities that the Healing Racism Institute serves. The organization holds a special place in our hearts because they are making the places we live a better, more equitable place.”

A contribution from Monson Savings Bank will support Healing Racism Institute’s campaign to be self-sustaining within three years by building infrastructure and building capacity. Funds will be used to hire staff, create a training center, increase the number of trained facilitators, and provide scholarship support.

“On behalf of the Healing Racism Institute, I would like to extend a sincere thank you to Monson Savings Bank for their generous donation,” said Vanessa Otero, Healing Racism Executive Director. “This donation will help us in our mission to help build racism-free communities.”

To learn more about the Healing Racism Institute of Pioneer Valley, please visit:

About Monson Savings Bank

Incorporated as a mutually chartered community bank in 1872, Monson Savings Bank has one of the longest tenures of service and stability in its market. Civic leaders chartered the bank with the intent to give working men and women the opportunity to save, which – incredibly, they could not do prior to the bank’s inception.  Today, Monson Savings Bank retains its legacy of empowerment through savings, but has expanded to serve its customers with a variety of innovative financial services, including digital banking, online mortgage applications and business banking, and commercial lending. The bank has expanded on its promise of “where people save, businesses prosper, and communities benefit” by opening offices in Hampden, Wilbraham, Ware, and most recently East Longmeadow, Massachusetts. The bank also opened a retail and business loan operations center in Wilbraham in 2020. Member FDIC, Member DIF, Equal Housing Lender