Monson Savings Bank Historical Marker is Unveiled for 150th Anniversary
Dan Moriarty, President and CEO of Monson Savings Bank and Michael Rouette, EVP and Chief Operating Officer of Monson Savings Bank unveil the historic plaque located at the original Bank location at its incorporation in 1871.
Being in business 150 years is a major milestone when it comes to the history of Monson Savings Bank. To memorialize the occasion, the Bank recently unveiled a historical marker at the original location of Monson Savings Bank in Monson, Massachusetts.
The event took place on June 1st, a day chosen since it was the first day Monson Savings Bank accepted deposits in 1872. Guests gathered nearby the Monson Town Offices, where the original granite building stood that housed Monson Savings Bank at its incorporation in 1872.
A granite block from the original building reading “BANK.” was expertly placed at the base of the historical bronze plaque marker located on a pole. Surrounding the display was a new beautifully landscaped area.
To begin, Dan Moriarty, President and CEO of Monson Savings Bank, addressed the guests, thanking them for joining. He read aloud the text on the plaque which remained concealed with a custom made cover.
Moriarty read aloud, “In the mid 1800’s demand for banking service(s) became essential in Monson, Massachusetts due to the flourishing population, industries, and retail establishments. To afford working men and women an opportunity to save, Monson Savings Bank was incorporated on March 27, 1872, enacted by the Senate and House of Representatives. At this location stood a small, granite banking house on the corner of Main and State Streets that housed the home of the local community bank.”
Moriarty went on to thank all of the people who made Monson Savings Bank’s vision possible.
“Many people came together, volunteering their time and hard work to make this memorial possible,” said Dan Moriarty, President and CEO of Monson Savings. “Thank you Jennifer Wolowicz, Monson Town Administrator, for embracing our vision for this project. Thank you to the select board for their approval of this effort. Thank you to Ben Murphy, of the Monson Highway Department, and Randy Pascale of Pascale Construction for their part in the granite stone restoration and installation process. We are so grateful to everyone who supported us to make this possible.”
In addition to various officials from the Town of Monson, Monson Savings Bank employees were joined by many other notable guests. Some guests in attendance included Senator Ryan Fattman; Robin Frechette, Massachusetts State Representative Brian Ashe’s Chief of Staff; Steve Lowell, previous Monson Savings Bank President (2011-2020) and Current Chairman of the Board; and Neil W. Marshall, Previous Monson Savings Bank President (1992-1999).
L to R: Patricia A. Oney, Town of Monson Select Board; Dr. Richard M. Smith, Town of Monson Select Board; Monson Savings Bank EVP & COO Michael Rouette; Monson Town Administrator Jennifer Wolowicz; Monson Savings Bank President & CEO Dan Moriarty; Senator Ryan Fattman, Steve Lowell, previous Monson Savings Bank President (2011-2020) and Current Chairman of the Board; and Neil W. Marshall, Previous Monson Savings Bank President (1992-1999).
L to R: Chief Stephen Kozloski, Monson Police Department; Dan Moriarty, Monson Savings Bank President and CEO; Ben Murphy, Monson Highway Department Surveyor; and Chief Brian S. Harris, Monson Fire Department Fire.
Dan Moriarty, President and CEO of Monson Savings Bank and Michael Rouette, EVP and Chief Operating Officer of Monson Savings Bank are shown moments before unveiling the historic plaque which is covered by a custom made cover designed by Heather Arbour, BSA Officer & Compliance Manager of the Bank.