News: Financial Digest

Bridgewater Savings Bank donates $2,000 to School on Wheels of MA

Raynham, MA According to Bridgewater Savings Bank, its employees and the BSB Charitable Foundation has made a donation of $2,000 to School on Wheels of MA.

School on Wheels of MA (SOWMA) is a non-profit organization with a mission to educate children impacted by homelessness by providing academic support and one-on-one mentoring so that children can reach their full potential. Many children impacted by homelessness attend schools located in our communities.

Shown (from left) are: Lena Hajjar, SOWMA Systems and communications coordinator; Barbara Fox,
SOWMA community outreach director;Diane Pereira, BSB marketing coordinator;
Brittany Schmidt, BSB commercial credit analyst; Carol DeMoranville, BSB senior vice president;
Bethany Souto, BSB payroll & benefits administrator; Rick Fisher, BSB executive vice president;
Kris Resendes, BSB vice president; Cathy Milani, BSB vice president; Michelle Fraser, BSB accounting assistant;
James Morin, BSB assistant operations officer; and Suzanne Catraio, BSB vice president.

 

BSB Employees donated money and school supplies to dress in jeans on Friday, August 11. With an additional contribution from the Bridgewater Savings Charitable Foundation, a total of $2,000 was donated to SOWMA.

“A surprising number of students in our communities are homeless,” said Peter Dello Russo, Bridgewater Savings president and CEO. “The work that Cheryl Opper, SOWMA Founder & Executive Director, and School on Wheels of MA provides is priceless. We at Bridgewater Savings strive to help our communities and we are excited to provide assistance to programs such as this that educate children impacted by homelessness.”

The Bridgewater Savings Charitable Foundation was established in 2003. Bridgewater Savings is a full service financial institution offering commercial, consumer and residential loans as well as business and personal banking. 

Bridgewater Savings is a member of the Federal Deposit Insurance Corporation (FDIC) and a member of the Depositors Insurance Fund (DIF). Bridgewater Savings is an Equal Housing Lender.

MORE FROM Financial Digest
Financial Digest

Example Story Title FD 5

Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
What’s UP with that? - by Kyle Kadish

What’s UP with that? - by Kyle Kadish

Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.