From a rented basement office, to a leading financial institution, Hampden Bank celebrates its 160th anniversary.
Springfield, MA – On April 13, 1852 Hampden Savings Bank was officially chartered by theCommonwealth ofMassachusetts to serve the workers of the Western Railroad. From a rented office space in the basement of the then Agawam National Bank on the corner of Lyman and Main Street, and in accordance with a decree from the Massachusetts Great and General Court to locate “within twenty-five rods of the Western Railroad passenger depot, Hampden Savings Bank began operations .
From those humble beginnings over one-hundred and sixty years ago, today Hampden Bank is one of the region’s most successful community banks with ten offices throughout Hampden County and over $568 million in assets. According to Glenn S. Welch, president & COO, “Although much has changed in banking since 1852, thankfully, providing customers with extraordinary service and being committed to the local community never goes out of style. These are the major reasons why we’re still here and thriving even in the midst of these uncertain economic times. Reaching this milestone just as I begin my service as the bank’s new president is especially inspiring to me -- I couldn’t be more proud of our people, of who we are, and what we’ve accomplished on behalf of those we serve. As we move forward we will not rest on our laurels; we will continue to vigorously support our communities; and we will work tirelessly to brighten the days of our customers”, Welch added.
About Hampden Bank
Established in 1852, Hampden Bank is a full service community bank serving the families and businesses in and aroundHampdenCounty. The bank currently has nine branch office locations inSpringfield,Agawam, Indian Orchard,Longmeadow, West Springfield, Wilbraham, and atTower Squarein downtownSpringfield. Hampden Bank offers customers the latest technology in banking, including on-line banking and bill payment and mobile banking services.
Glenn Welch, Hampden Bank President & COO is shown sharing some of the many photos of Hampden Bank throughout its proud history. As Springfield’s oldest community bank the institution celebrates its 160th anniversary on April 13th.