With the roof removed and construction underway on new apartments above the Edgartown Post Office, rainfall has led to two closures of the town post office in the last week.
Martha’s Vineyard Savings Bank has donated $5,000 to the Oak Bluffs Firemen’s Civic Association to purchase weight-training equipment for a new exercise and fitness room at the Oak Bluffs fire station.
The Martha’s Vineyard Savings Bank will relocate its Chilmark branch office next year to the former Santander Bank at Beetlebung Corner. The bank paid just over $ 1 million for the property and plans an April 2016 opening.
Longtime Island investment advisors Ray LaPorte and Ted Desrosiers will join the Martha’s Vineyard Financial Group at the end of September, bringing their clients with them, Martha’s Vineyard Savings Bank president and chief executive officer Paul Falvey announced.
The Martha’s Vineyard Savings Bank plans a second off-Island location in the former TD Bank building on Palmer avenue. Pending regulator approval, the branch will open in May.
The Martha’s Vineyard Savings Bank, local police and the FBI are continuing to investigate automatic teller machine skimming devices that led to the theft of about $180,000 from various bank customers early this month.
This week, more information has emerged about fraudulent withdrawals made on customer accounts over Labor Day weekend. The scam took place at a Martha’s Vineyard Savings Bank ATM in Oak Bluffs, but police said members of other banks were also impacted.
Martha’s Vineyard Savings Bank is investigating fraudulent automatic teller machine withdrawals from several customer accounts over Labor Day weekend.
Bank president and chief executive officer Paul Falvey told the Gazette Wednesday that over the long holiday weekend, about 90 of the bank’s customers had fraudulent withdrawals made on their accounts.
