Photo courtesy Martha's Vineyard Bank
Martha’s Vineyard Bank is opening its second Falmouth branch in a renovated historic building that has been a bank for more than 200 years.
Located on the Village Green at 84 Main St., the new branch will have a public grand opening on June 18, the bank said in a statement. The branch will also host a “Business After Hours” event today in conjunction with the Falmouth Chamber of Commerce.
“Our newest location at the historic Village Green location furthers our commitment to the Falmouth community,” James M. Anthony, president and CEO of Martha’s Vineyard Bank, said in the statement. “All of us at Martha’s Vineyard Bank look forward to serving our neighbors in Falmouth.”
The building was once home to Falmouth Savings Bank and was most recently a Bank of America branch that closed in 2019. Martha’s Vineyard Bank began renovations on the building in January “with the goal of preserving as many historical components as possible while adding technology and innovation to meet customer needs,” the bank said.
One phase of the project is complete, and the second phase is expected to begin this fall. The project architect is Joanne Gosser of Synergy MV.
Renovation highlights Include:
- All original brass hardware on the front door that was preserved and polished by a boat specialist.
- Ship model at end of teller line to remind customers of Martha’s Vineyard Bank’s connection to the shipbuilding and whaling industries.
- Addition of a vault that dispenses cash instead of teller drawers, enabling the use of more open space for deposits and withdrawals.
- Wainscoting that was matched throughout the space for a uniform look.
- Use of original moldings where possible.
The branch will also have an interactive teller machine.
“We look forward to sharing a unique approach to banking that combines personal service, a proactive consultative approach, and local decision-making with all of the conveniences of modern technology,” said Teri Ferreira-Keyes, Falmouth regional branch manager for Martha’s Vineyard Bank.
Martha’s Vineyard Bank Charitable Foundation will announce Community Impact Grant awards on Thursday to three nonprofits that will each receive $2,500. Two awards will be given to Falmouth nonprofits as part of the grand opening celebration.
In addition to the two Falmouth locations, Martha’s Vineyard Bank has eight branches on Martha’s Vineyard.
