Since 1869, our Bank has stayed true to its mission to provide a secure place for local residents to save and to access financial products and resources. Today, we continue that commitment with offices throughout Franklin and Hampshire Counties and through online and mobile banking. As a result of electronic banking technologies, we can offer our customers the ability to bank from anywhere they choose via the internet and mobile devices, while remaining a local bank.
We believe that the services that we provide help improve the quality of life of our customers. But we also recognize that our responsibility to be a positive force in our communities goes beyond banking. That is why we are a leader in supporting local non-profits both financially and through the volunteer efforts of our directors and employees. We believe that giving back moves us forward.
All of us at Greenfield Savings Bank, our employees, management, directors and corporators share a strong commitment to preserving our local bank for local residents of today and for the future generations of the communities we service. All of our decisions are based on long term thinking and our commitment to exceptional service to our customers.
- Letter from the President
- Community Support
A Letter from Our President & CEO
Welcome to Greenfield Savings Bank! I know that selecting the right bank for you, your family and your business is important. I am confident that our bank is the right choice for you and here are some of the reasons why:
Stability: For more than 150 years, GSB has been serving the financial needs of residents and businesses in our local communities. As a local mutual bank, our decisions are guided by the needs and interests of our customers and the communities we serve—not dictated by stockholders. Banking locally supports the local economy.
Banking Locally Improves and Protects Our Community: All of the money deposited at our Bank, stays here in the Valley—it doesn’t go out-of-state or to stockholders. Your deposits circulate again and again throughout our community in the form of loans for homes and businesses. Banking with us is one of the ways you can support the local economy.
Local Banking from Anywhere You Go: GSB’s Online Banking and GSB Mobile App allow you to bank from anywhere, using your computer or mobile device. You can even deposit checks using our GSB Mobile App.
Local Convenience and Service: We offer local banking through a network of branches, ITMs and ATMs located throughout Franklin and Hampshire counties. Our staff is friendly, knowledgeable and committed to assisting you with your banking needs.
Building A Better Community: Our Bank is committed to supporting our local communities through our philanthropic activities. We are a leader in charitable contributions –supporting more than 300 local non-profits that are improving the quality of life in our communities. In addition, GSB executives, employees, directors and corporators collectively volunteer thousands of hours of their time and talents to local community causes and organizations.
Locally Owned Financial Services: In addition to traditional banking services, Our GSB Wealth Management and Trust Services department offers Portfolio Management, Estate Settlement and Trust Administration Services.
I welcome you to join with your neighbors and local businesses that bank with us.
Thomas J. Meshako
President and CEO
President and CEO
A History of Providing Safe and Secure Banking
Greenfield Savings Bank was founded in 1869 to provide a safe and secure institution in which the working class of Greenfield and Franklin County could save their money.
From our humble origin in the lobby of the Franklin County National Bank, in 1880, we moved to an independent storefront in the Mansion House in the center of Greenfield. We operated there until 1959 when a fire destroyed the Mansion House. After the fire, the Bank moved into temporary offices across the street in the Masonic Building. In 1963 we opened our new headquarters on the site of the former Mansion House at 400 Main Street.
In 1967 Greenfield Savings Bank merged with the Crocker Institution for Savings. Founded in 1870, the Crocker Institution served Turners Falls and Montague. The partnership of the two banks formed a strong, well-capitalized banking institution.
Beginning in 1972, in order to meet the needs of customers throughout Franklin County, we added a third branch office in South Deerfield followed by offices in Shelburne Falls and Conway. In 1991, to complement our banking services, we opened our Trust & Asset Management Division, now called GSB Wealth Management and Trust Services. Today, Greenfield Savings Bank has the only trust company headquartered in Franklin County.
In the early 1990s, Greenfield Savings Bank purchased the adjacent building at One Federal Street in Greenfield and connected it with our main office resulting in our current headquarters.
In the early 2000s, to better serve our customers in Hampshire County, the Bank opened locations in Amherst and Northampton. In 2017, additional offices were opened in both downtown Amherst and Northampton. In the spring of 2018, the Bank opened an office in Hadley.
These new offices feature Teller-Access ATMs that allow customers to talk with tellers at the Bank’s call center via a live video feed. This new ATM technology allows the Bank to extend the office’s hours of teller services, including cashing checks to the penny, beyond the normal business hours of the office.
Online and Mobile Banking, advanced ATM scanning technology, and security controls that allow customers to control their debit cards from mobile devices are just a few of the new conveniences and services thanks to technological advances adopted by GSB.
Today, because Greenfield Savings Bank is a bricks and mortar bank, an online bank, and a mobile bank, customers can bank at any of our convenient locations, from their homes, or from anywhere in the world.
Community Support Donation Request Guidelines
As a local mutually-owned bank, we are committed to supporting the many non-profit organizations that help improve the quality of life in our community. In addition to the many hours our employees and directors volunteer to local charitable causes, our Bank is committed to being leader in corporate giving to our local non-profit organizations.
We support a wide range of community-based programs including:
- Community Development & Enhancement
- Social Services & Families in Need
- Youth Services
- Elderly Services & Support
- Arts & Culture
- Health and Well Being
Who can Apply?
All applicants must be charitable non-profit organizations, with a current 501(c)(3) status. Organizations must have administrative offices and/or program activities located in our market areas of Franklin and Hampshire counties.
How to make a request
All donation requests must be received at least two months before funding is needed. We review and approve applications on a monthly basis. Please allow additional time for capital campaign requests.
To request financial support for your non-profit organization, please complete the Greenfield Savings Bank ONLINE Contribution Application.
NOTE: For requests of $500 or more, please attach the following documentation to your online application:
- IRS letter confirming non-profit status.
- Mission Statement and brief history of organization.
- Current list of your Board of Directors and senior officers.
- Summary of your current banking relationships (e.g. checking, savings, loans, CDs, financial services, etc.) Note which are with Greenfield Savings Bank. (You need not identify other banks if you do not wish to do so.)
- Description of the constituency you serve (number served, income levels, geographic dispersion, and targeted ages of beneficiaries.)
- Detailed explanation of how the funds will be used.
- Overview of the promotional benefits to Greenfield Savings Bank.
- Percent of your budget that this donation will represent.
- Percent of budget provided by the United Way of Franklin County or United Way of Hampshire County.
- Extent of funding from other banks or local credit unions. Please specify percentage from each.
Yearbook/Program Advertising Requests
Complete the online contribution application, and be sure to include ad sizes, specifications, and deadlines.
Greenfield Savings Bank appreciates recognition from recipient organizations for support given through our donations. Use of the Bank’s logo in thank-you ads, newsletters, press releases or other documents must be requested and approved through the GSB Marketing Department prior to publication.
*Greenfield Savings Bank does not fund: sectarian organizations; political causes or campaigns; multiyear commitments other than capital campaigns; endowment funds; for-profit organizations; municipal infrastructure campaigns; school districts, benefits for an individual or single family; groups that serve as intermediaries (raising money for other organizations) with the exception of our local United Way organizations. GSB contributes to the United Way and therefore, will generally not consider requests from agencies that receive United Way funding. Due to the high number of donation requests we receive annually, we generally limit individual organizations to one request application in a single year.