News: Financial Digest

Bridgewater Savings Bank and Mansfield Bank combine to form Bluestone Bank

Raynham, MA According to Peter Dello Russo, CEO, together with Meg McIsaac, president, Bridgewater Savings Bank and Mansfield Bank have  join together, effective October 1st. The two well-established community banks with a long history of service in southeastern Massachusetts joined together to become Bluestone Bank.

Bluestone Bank is a larger, stronger, more dynamic financial institution that will positively impact customers, employees and the communities it serves. Customers can expect to receive the same unparalleled commitment to their financial needs, along with the added conveniences of more banking locations, more ATMs, new products, services, and technology advances. Its expanded size makes it a better bank and allows it to be a better community leader too, with a greater capacity to give back to its neighborhoods.

In a joint statement released by Russo and McIsaac, they welcomed customers, old and new, and community partners to Bluestone Bank, “Welcome to Bluestone Bank. We are very proud of our heritage and the trust we’ve earned for over 130 years. Bluestone Bank is here to support your goals and needs to ensure your financial success, every step of the way. Our foundation is built on community values and shared responsibility, and you’ll see it in the way we do business. We’re excited to embark on this journey with you!”

MORE FROM Financial Digest

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.