Money Mule Scams: Don't Get Tricked Into Moving Dirty Money
When it comes to scams, it is easy to think it will not happen to you. However, scammers are manipulative and often convincing, sometimes making people become unknowingly involved in illegal situations - such as becoming a money mule.
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Monson Savings Bank Announces the Promotion of Heather Arbour to BSA Officer and Compliance Manager
Monson Savings Bank recently announced the promotion of Heather Arbour to the role of BSA Officer and Compliance Manager. In her role as BSA Officer and Compliance Manager she is responsible for overseeing the Monson Savings Bank's Bank Secrecy Act and anti-money laundering programs and ensuring compliance with banking regulations. Additionally, she manages the Retail Operations Department.
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Monson Savings Bank Announces Dylan Pilon as the $50 Gift Card Winner to Tony's Famous Barber Shop
Another lucky winner has been announced as a part of Monson Savings Bank's celebration of their new East Longmeadow Branch! Each week, through the end of February, The bank is holding a weekly drawing for a $50 local business gift card and announcing a new winner. The most recent winner of the gift card drawing is Dylan Pilon. Dylan was pleasantly surprised when he found out he won a gift card to the revered local business, Tony's Famous Barber Shop.
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The Community Giving Initiative Votes are Tallied, Monson Savings Bank donates $15,000 to Local Non-Profits
The public has spoken. The results are in. After Monson Savings Bank asked community members to cast their vote for their favorite charitable organizations as a part of the Monson Savings Bank 2021 Community Giving Initiative, they did that with passion, submitting over 3,400 votes. Now that the votes have been tallied, Monson Savings Bank is donating a total $15,000 among the top ten vote recipients to follow through on their mission to be a supporter of its communities. In total, 200 organizations were among the list that received votes.
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Monson Savings Bank Prepared for Transition of Leadership in 2021
Monson Savings Bank's leadership transition plan announced earlier in 2020 has been a success with the Bank well-prepared for the transition taking place in February 2021. Daniel Moriarty, Sr., the current President and future CEO of Monson Savings Bank will be carrying on the bank's legacy following the retirement of Steve Lowell, the bank's President and CEO for the last 10 years. Michael Rouette will be leading alongside Moriarty as the Executive Vice President and Chief Operating Officer.
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