Quick Asked: Dedham Institution For Savings Contact Us?

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Last update: 12 Apr, 2024 278 Views

Is dedham savings bank still in business? Dedham Savings is one of the oldest American banks still in operation and one of the oldest banks in the state of Massachusetts still doing business under its original charter. Deposits at Dedham Savings are insured up to current limits of the Federal Deposit Insurance Corporation, which defines the institution as a community bank.

What is the dedham savings community foundation? The Dedham Savings Community Foundation is a privately funded foundation created by Dedham Savings in 2000 to provide financial support to charitable organizations that serve disadvantaged populations within the Bank’s community reinvestment area.

Who was the first depositor of dedham bank? Originally founded as Dedham Institution for Savings on March 19, 1831, the bank has a rich history that includes connections to many prominent inpiduals, both locally and nationally, including Horace Mann. Sophia Foord, an acquaintance of Henry David Thoreau, was the bank’s first depositor.

Why choose drivededham savings bank? Dedham Savings offers a range of financial and electronic banking services to inpiduals, businesses and organizations. In addition to an array of banking, lending, and commercial products, the bank began offering investment services in 1992.

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Dedham Savings Community Foundation Supports Beth Israel Deaconess Needham The Dedham Savings Community Foundation has donated $25,000 to Beth Israel Deaconess Needham (BID Needham). This donation is the 2nd installment of a $50,000 multiyear grant awarded in the fall of 2020.

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