Martha’s Vineyard Bank has announced the election of Robert (Bob) Mone as a bank corporator.
Martha's Vineyard Bank
2014
August 20, 2014
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.
June 4, 2014
Martha’s Vineyard Savings Bank opened its new branch in Falmouth this week, the bank’s second off-Island location and ninth branch overall.
January 31, 2014
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.
2013
September 12, 2013
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.
September 4, 2013
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.
April 11, 2013
The former head of the Martha’s Vineyard Savings Bank, who left last year under circumstances that were never fully explained and now has been permanently barred from banking by federal regulators, said in a statement this week that the allegations against him by the Federal Deposit Insurance Corporation are unfounded and without substance.
