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Monson Savings Bank Supports Community Revitalization with $5,000 Donation to Springfield Neighborhood Housing Services

Dan Moriarty,Monson Savings Bank President and CEO (right), and Dina Merwin, Monson Savings Bank SVP Chief Risk and Senior Compliance Officer (center), visited Leo Williams, President and CEO of the Springfield Neighborhood Housing Services (left), to present him with a $5,000 donation.

Monson, MA – As a true community-focused, personal and commercial bank, Monson Savings Bank makes contributing to the improvement of local communities a top priority. Most recently, Monson Savings Bank’s President and CEO Dan Moriarty, and Senior Vice President Chief Risk & Senior Compliance Officer Dina Merwin, presented a $5,000 donation to Leo Williams, President and CEO of Springfield Neighborhood Housing Services.

The mission of the Springfield Neighborhood Housing Services is to help transform the lives of families living in Springfield and revitalize the city’s distressed neighborhoods through sustainable homeownership and resident empowerment. The organization’s vision is for homeownership to be an affordable choice, especially for Blacks, Latinos, and minority people of color living in Western Massachusetts. Springfield Neighborhood Housing Services believes this will allow for the communities to grow in knowledge and wealth, empowering future residents, community leaders, and business owners.

Monson Savings Bank’s corporate donation to Springfield Neighborhood Housing Services is consistent with the Bank’s track record of being acommunity advocate and a financial resource to community members.

“On behalf of everyone at Monson Savings Bank, we are extremely pleased to make this donation to the Springfield Neighborhood Housing Services,” said Dan Moriarty, President and CEO of Monson Savings Bank. “We are proud to be able to support this great organization that works so hard to help people in the communities we serve to obtain homeownership, in turn contributing to overall revitalization of local neighborhoods.”

The Bank has remained focused on supporting efforts to revitalize distressed communities, and likewise recognizes the importance of homeownership and how it relates to the betterment of neighborhoods and residents living in those neighborhoods.

“Monson Savings’ mission, values, and vision align with those of the Springfield Neighborhood Housing Services,” said Dina Merwin, Monson Savings Bank SVP Chief Risk and Senior Compliance Officer. “We are dedicated to supporting our communities and the lives of residents in any way that we can. We know that homeownership has been shown to not only increase the quality of life for the homeowner and their family, but also for the neighborhood as a whole.”

Springfield Neighborhood Housing Services greatly appreciated the support that they received from the local bank.

“Springfield Neighborhood Housing Services is thankful to Monson Savings Bank for their donation in support of our mission,” said Leo Williams, President and CEO of the Springfield Neighborhood Housing Services. “This money will be put to good use, as we continue to empower our neighbors through homeownership and transform our communities.”

To learn more about Springfield Neighborhood Housing Services visit

To learn more about Monson Savings Bank 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