Needs Reporting
The Gazette has been pretty fearless in exposing dredging errors, environmental threats and the like on the Vineyard, but I wonder if you would consider also covering the lawsuit against Pie in the Sky Bakery in Woods Hole that the Martha’s Vineyard Saving Bank is carrying out?
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Two Vineyard Banks Become One Beginning Tuesday

The newly created Martha’s Vineyard Savings Bank will officially open for business following Veterans Day weekend, as a result of the merger of the Martha’s Vineyard Cooperative Bank and Dukes County Savings Bank.

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Dukes County Savings, M.V. Cooperative Bank Announce Merger Plan
Mike Seccombe

The Dukes County Savings Bank and Martha's Vineyard Cooperative Bank, both respected institutions with long histories on the Island, have confirmed plans to merge and become a single community bank with total assets of $460 million.

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Shareholders, Corporators Approve Bank Merger

Shareholders, Corporators

Approve Bank Merger

Shareholders of The Martha’s Vineyard Co-operative Bank and corporators of Dukes County Savings Bank have approved plans for the two institutions to merge, bank officials announced.

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Martha’s Vineyard Savings Bank Grants Awarded

This fall, the Martha’s Vineyard Savings Bank Charitable Fund awarded $20,250 in grants to 10 nonprofit and community groups, to fund programs in support of the arts, education, the elderly, community affairs, health care and youth programs.

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Island Banks Hit With Levy
Mike Seccombe

Martha’s Vineyard’s two community banks face hundreds of thousands of dollars in extra costs as a result of increased demands from the federal agency charged with protecting customer deposits.

The two local banks, the Martha’s Vineyard Savings Bank and Edgartown National Bank, neither of which was complicit in the reckless financial practices which precipitated the banking crisis, will nonetheless have to pay increased fees to help bail out customers of banks which go bust.

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Martha’s Vineyard Savings Bank Pays Out to Charity

The Martha’s Vineyard Savings Bank Charitable Fund, a donor-advised fund with the Permanent Endowment for Martha’s Vineyard, has awarded seven grants totaling $13,800 in support of local nonprofits.

Grants went to the Island Food Pantry and fuel assistance for Islanders through the Oak Bluffs Council on Aging as well initiatives of the Adult and Community Education Program of Martha’s Vineyard, the Aquinnah Cultural Center, the Martha’s Vineyard Film Society, the Martha’s Vineyard Museum and the Yard.

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