Newsroom

Our Waban branch renovation is complete. We’re now open.

Dear Village Bank Family,

Our Waban branch has recently gone under an extensive renovation and we are excited to announce that we are now open.

As part of the renovation, the floor plan has been updated to ensure a more comfortable and streamlined customer experience and we can’t wait for you to see it.

Due to COVID-19, the office will have a new set of temporary hours:

9 am – 5 pm on Mondays
9 am – 3 pm Tuesday – Friday
9 am – noon on Saturdays

Thank you for banking with The Village Bank.

Sincerely,
Joseph A. De Vito

Newsroom

Robert Dolan Joins The Village Bank’s Commercial Lending Team

Joseph De Vito, president and CEO of The Village Bank, has announced the hiring of Robert Dolan as assistant vice president/commercial loan officer.

Dolan has enjoyed a long and successful career in the financial services industry, including more than 20 years in commercial lending. Prior to joining The Village Bank, he served as vice president in commercial lending for Lowell Five. There, he was instrumental in helping deliver lending solutions and guidance to help a range of commercial businesses in construction, real estate, and other industries meet their annual growth goals.

Dolan holds a degree in finance from Merrimack College and has been actively involved in helping a number of local non-profit organizations carry out their missions. He currently serves on the board of directors and as treasurer of Lucy’s Love Bus and is a former board member of Girls, Inc., Dracut Charities, and Lowell Transitional Living Center. He also participates in the Pan Mass Challenge each year.

“We’re delighted to welcome Robert to our commercial lending team. His vast experience in commercial lending and his commitment to supporting the community aligns with our mission to help local people and businesses prosper,” said De Vito.

Dolan resides in Wellesley with his partner Patti, and is the father of two grown children, Kaylee and Patrick.

Newsroom

The Village Bank Hires Gernette Wright and Susan Lowell

Joseph De Vito, president and CEO of The Village Bank, has announced the hiring of two new employees:

Gernette Wright has joined the Bank as assistant vice president, information security officer. In this role, he will oversee the design, implementation, and sustainment of the Bank’s cybersecurity programs and initiatives. He brings more than 25 years of experience in all aspects of information technology with expertise in IT security and infrastructure management. Prior to joining The Village Bank, he served as senior manager of IT infrastructure and security operations for CIRCOR International in Burlington. He holds security certifications from ISC2, ISACA, & EC-Council in CISSP, CISM, CGEIT, & C|CISO. He is a graduate of Stockton University in New Jersey, holds a Graduate Certificate in Cybersecurity from the Van Loan School at Endicott College, and is currently working on an Executive Certificate in Management & Leadership from MIT Sloan’s School of Management.

Susan Lowell has joined The Village Bank as assistant vice president of residential lending. Susan has enjoyed a successful 25-year career in residential mortgage processing, servicing, and compliance and will be instrumental in helping the Bank provide a high level of service to its mortgage customers. Susan joined The Village Bank from USAlliance Federal Credit Union where she was responsible for providing performing service quality reviews and ensuring compliance requirements and secondary market guidelines are met. She studied business administration and has professional affiliations with the Mass Mortgage Bankers Association (MMBA), National Credit Union Association (NCUA), and the National Association of Federal Credit Unions (NAFCU).

“The Village Bank is delighted to welcome Gernette and Susan to our team. They will be invaluable in helping us carry out our mission to provide exceptional service and the highest level of security for our valued customers,” said De Vito.

Newsroom

The Village Bank Welcomes Gernette Wright and Susan Lowell

Joseph De Vito, president and CEO of The Village Bank, has announced the hiring of two new employees:

Gernette Wright has joined the Bank as assistant vice president, information security officer. In this role, he will oversee the design, implementation, and sustainment of the Bank’s cybersecurity programs and initiatives. He brings more than 25 years of experience in all aspects of information technology with expertise in IT security and infrastructure management. Prior to joining The Village Bank, he served as senior manager of IT infrastructure and security operations for CIRCOR International in Burlington. He holds security certifications from ISC2, ISACA, & EC-Council in CISSP, CISM, CGEIT, & C|CISO. He is a graduate of Stockton University in New Jersey, holds a Graduate Certificate in Cybersecurity from the Van Loan School at Endicott College, and is currently working on an Executive Certificate in Management & Leadership from MIT Sloan’s School of Management.

Susan Lowell has joined The Village Bank as assistant vice president of residential lending. Susan has enjoyed a successful 25-year career in residential mortgage processing, servicing, and compliance and will be instrumental in helping the Bank provide a high level of service to its mortgage customers. Susan joined The Village Bank from USAlliance Federal Credit Union where she was responsible for providing performing service quality reviews and ensuring compliance requirements and secondary market guidelines are met. She studied business administration and has professional affiliations with the Mass Mortgage Bankers Association (MMBA), National Credit Union Association (NCUA), and the National Association of Federal Credit Unions (NAFCU).

“The Village Bank is delighted to welcome Gernette and Susan to our team. They will be invaluable in helping us carry out our mission to provide exceptional service and the highest level of security for our valued customers,” said De Vito.

Newsroom

Lisa Boccabella Promoted to Senior Vice President

Joseph De Vito, president and CEO of The Village Bank, has announced the promotion of Lisa Boccabella to Senior Vice President of Enterprise Risk Management.

Boccabella, who joined The Village Bank in 2014, has extensive experience in regulatory compliance relating to fraud prevention and consumer, residential, and business lending. She also has multiple years of investigative experience with municipal, state, and federal law enforcement agencies and helping mitigate credit card and check fraud, and money-laundering schemes.

In her new role, she will be responsible for the oversight and execution of the Bank’s enterprise risk management program, which includes internal audits, regulatory and Bank Secrecy Act (BSA) compliance, physical security, fraud management, and information security. In addition, she will oversee reviews of the Bank’s policies related to security, including vendor and contract management, records retention, and corporate insurance. She will also manage the BSA, compliance, and information security departments.

Boccabella holds a degree in Criminal Justice from Northeastern University and is a Certified Fraud Examiner (CFE), Certified Financial Crimes Investigator (CFCI), and Certified Anti-Money Laundering Specialist (CAMS). She serves as an Advisory Council member for the Money Management Program at Springwell and is a member of many organizations related to fraud, BSA, and physical security.

“The security and privacy of our customers is one of our most important priorities at The Village Bank. Lisa’s leadership and extensive experience in fraud prevention and other crimes will be instrumental in helping us anticipate and manage new fraud risks and develop policies and programs to protect our customers today and in the future,” said De Vito.

Boccabella resides in Wellesley with her husband and son, and is passionate about educating customers and the community about elder financial exploitation and fraud.

Newsroom

The Village Bank donates $25K to “Help Light the Way” to support Newton youth sports

Joseph A. De Vito, president and CEO of The Village Bank, announced today that the Bank has made a $25,000 donation to “Help Light the Way” in Newton. The donation is part of a community fundraising effort created to add lights to Winkler Stadium at Newton South High School.

“As a community bank, The Village Bank strives to support a variety of organizations and causes that make our communities stronger and bring people together. Programs like “Help Light the Way” are an important part of our Community Commitment Initiative and give us the opportunity to invest in our youth, the future of our great community,” said De Vito.

Pictured from left, Paul Sullivan, NSHS parent; Joel Stembridge, principal, NSHS; Susan Paley, The Village Bank; Doug McCarthy, coach, NSHS; and, Village Bank President and CEO Joe De Vito.
Newsroom

The Village Bank Helps Homeless with Sock & Essentials Drive in Newton

The Village Bank announced today that it has partnered with the City of Newton’s Department of Health & Human Services to sponsor a Sock & Essentials Drive during the month of March.

The Bank invites customers, friends, and neighbors to bring donations of new adult sized socks and toiletries, including neck pouch wallets, travel size lotion, chapstick, wipes, nail clippers, band-aids, mints and gum, and heatpacks to any one of The Village Bank branch locations in Newton – Auburndale, Newton Centre, Newton Highlands, Newtonville, Nonantum, Waban, West Newton – during the month of March.

“Those surviving on the streets face a myriad of challenges. The Village Bank is pleased to have the opportunity to use our network to help solicit these small donations, which can make a big impact in the lives of the homeless,” said Joseph De Vito, president and CEO of The Village Bank.

“People without homes spend an inordinate amount of time on their feet. Having warm socks can help them be more comfortable. We encourage members of the community to provide donations, along with toiletries that can help them ensure better health and hygiene,” said Pamela Weissman, LICSW, Director of Social Services City of Newton.

Newsroom

Potential Fraud Alert

A small group of Village Bank customers has recently been contacted by a fraudulent party pretending to be The Village Bank, asking for debit card information in order to verify transactions. This activity does not appear widespread.

If you receive a call from anyone you doubt is a legitimate Village Bank employee, consider the following:

  • Were you expecting the call?
  • Does the caller sound rushed or impatient?
  • Is there a reasonable need for the information they are requesting?

If you have any question – collect the person’s first and last name, hang up and call The Village Bank Customer Care Center at (617) 969-4300. It is a best practice to never give sensitive information over the phone, and to resist being pushed into immediately giving information.

Protecting your financial information is our top priority. For more information on how to protect yourself from fraud, please visit our Security Center.

Thank you for your diligence.

The Village Bank Team

Newsroom

The Village Bank makes $35K contribution to Family Access of Newton

Joseph A. De Vito, president and CEO of The Village Bank, announced today that the Bank has made a $35,000 donation to Family Access of Newton.

A Newton institution since 1907, formerly known as Newton Community Center, Family Access is a non-profit organization that has helped strengthen the City of Newton and surrounding communities through a variety of child development programs. The programs include quality education and childcare for children, counseling and support to families, literacy services to families impacted by poverty, and school workshops to reduce child vulnerability to violence.

“Family Access has been instrumental in helping making Newton and our communities stronger. We’re proud to help support their programs that help make life better for families from all racial, cultural, and economic backgrounds,” said DeVito.

Pictured, from right, Joseph De Vito, president and CEO, The Village Bank; Susan Paley; vice president, The Village Bank; Jon Firger, executive director, Family Access of Newton; Marie Lodi, senior vice president, The Village Bank and Family Access board member; and Henry Lapham, director of development, Family Access.
Newsroom

The Village Bank will award college scholarships totaling $50K to Class of 2020 students

Joseph A. De Vito, president and CEO of The Village Bank, announced today that the Bank’s Auburndale Community Charitable Foundation is now accepting college scholarship applications from local high school seniors.

Seventeen scholarships totaling $50,000 will be awarded to college-bound students of the Class of 2020. The scholarships can be applied toward tuition, room and board, or supplies at an accredited college or university. The application deadline is April 10, 2020.

The Foundation will award two $10,000 scholarships and fifteen $2,000 scholarships. The $10,000 scholarships require that, in addition to academic achievement, the recipient must have been actively involved in community and/or charitable causes, in a leadership capacity. Eligible applicants who are Newton or Wayland residents will be considered in both award categories. Eligible applicants who do not reside in Newton or Wayland will be considered for the $2,000 awards.

“The $10,000 scholarships will recognize students who not only excel, but who also share The Village Bank’s strong commitment to supporting the community and initiatives that directly benefit our friends and neighbors,” said De Vito.

Complete rules, requirements, and application forms are available at local high schools and at The Village Bank’s branches in Auburndale, Newton Centre, Newtonville, Nonantum, Newton Highlands, Waban, West Newton and Wayland.

The Auburndale Community Charitable Foundation’s investment in education since the program began in 1998 will total $852,000 with this year’s awards, according to De Vito. The scholarships are funded in part by the Golf Classic held by The Village Bank each fall.

UPDATE 3/17/20: The application deadline for the Bank’s Auburndale Community Charitable Foundation scholarship will be extended to a date to be determined once schools are back in session. We hope everyone stays safe and healthy during this time.

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