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East Cambridge Savings Bank donates $10,000 to Cambridge Local First

Cambridge, MA East Cambridge Savings Bank (ECSB) donated $10,000 to Cambridge Local First. Since 2005, ECSB has been a founding partner of Cambridge Local First. Cambridge Local First is a non-profit network of locally-owned and independent businesses formed in October 2005 to build a strong local economy and a vibrant community. Their mission is to support, promote and celebrate a “Local Economy Community” by educating the public and government about the significant environmental, economic and cultural benefits of a strong local economy.east-cambridge

Gilda Nogueira, East Cambridge Savings Bank president and chief executive officer said, “We are pleased to support Cambridge Local First. They do so much for our community and really help the local economy thrive.”

East Cambridge Savings Bank is a full-service, mutually-held savings bank that believes in connecting with customers. The Bank was established in 1854 and is dedicated to providing businesses and individuals with a full line of banking services in the communities it serves. Headquartered in Cambridge, the Bank has offices in Arlington, Belmont, Cambridge, Chelsea, Medford, Somerville, and Waltham, as well as an educational training facility at Cambridge Rindge and Latin School, Cambridge, Mass. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF) of Massachusetts.

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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.
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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.
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)