Submitted by Needham Bank

Needham Bank, with five branches throughout the greater Boston area, will commemorate its 120th anniversary with a week-long celebration from May 7-12.

Opened for business in May 1892 as the Needham Cooperative Bank, the long-standing community bank had its beginning in a room at the corner of Chestnut Street and Great Plain Avenue—at the time the town of Needham held a population of just 2,000. 

Throughout the years, the bank grew with the community, providing banking services that encouraged savings, home ownership and enterprise.

Known for friendly customer service and a deep commitment to the community, the Needham Cooperative Bank continued to thrive, opening its current main office in 1923. The Medfield Cooperative Bank merged with the Needham Cooperative Bank in 1965, and 10 years later, the bank opened its Westwood branch. In 1978, the Wellesley branch was added and, in 2007, the Dedham Cooperative Bank merged with the Needham Cooperative Bank to form Needham Bank. 

“Throughout the past 120 years, we have remained loyal to our primary mission of consistently offering the products and services that are among the best while never forgetting the importance of community,” said Mark R. Whalen, president and COO of Needham Bank. “We thank our customers for their constant support and look forward to serving them for another 120 years.”

Refreshments, special contests and more are planned throughout the week of May 7-12 at each of the bank’s branches. All are invited to join in the celebration. Visit the bank website for more details.