Newsroom

The Village Bank Helps Sponsor Annual Holiday Gift Drive in Newton

The Village Bank has partnered with the Newton Rotary and the City of Newton Department of Health and Human Services to sponsor the City’s annual Holiday Gift Drive. This year will mark the 13th consecutive year the Bank has sponsored the event created to help make the holidays brighter for local children.

For the drive, the Bank invites its customers, neighbors, and other members of the Newton community to drop off new and unwrapped gifts during November 12 – December 15 to any Newton branch of The Village Bank. Gifts should be for children ages newborn to 10 and may include age-appropriate toys, games, electronics, and sporting goods as well as gift cards from local merchants. Other ways to give include purchasing and shipping online gifts through the Amazon Wish List, or making tax-deductible cash donations to the Newton Rotary. The Amazon Wish List link and more information can be found at village-bank.com/holidaygiftdrive.

“The economic effects of the pandemic will impact many families this holiday season. The Village Bank is proud to collaborate with the Newton Rotary and the City of Newton to deliver gifts and a brighter holiday season for local families,” said Joseph A. De Vito, president and CEO.

Newsroom

The Village Bank sponsors annual “Warm Winter Wishes” drive to help homeless families

The Village Bank has once again partnered with Family Promise Metrowest for the sixth annual Warm Winter Wishes drive to help local homeless families in Wayland. During November 12 – January 8, The Village Bank will accept donations of new hats, scarves, gloves, mittens, socks, and other warm winter gear for adults and children who benefit from Family Promise’s services. Donations may be dropped off at the Village Bank in Wayland located at 62 Boston Post Road and should be placed in the ATM vestibule while the branch is under renovation.

Located in Natick, Family Promise Metrowest is a cooperative interfaith partnership established to transform the lives of homeless families with children by mobilizing a diverse community to provide shelter, education, and comprehensive support. With safe transitional shelter, meals, and supportive case management, the organization helps create hope and a path to permanent housing and independence to end the cycle of homelessness for local families.

“Winter is always a difficult time for families impacted by homelessness, however, this year, amidst the economic challenges of the pandemic, it’s especially important to keep families warm, safe, and healthy,” said Joseph De Vito, president and CEO of The Village Bank. “We’re proud to continue our tradition of supporting Family Promise Metrowest and invite other organizations and members of the Wayland community to join us in providing donations.”

Newsroom

Wayland branch renovation now underway

Dear Village Bank Family,

We are excited to announce an extensive renovation project for our Wayland branch office.

During the renovation, we are updating the floor plan in order to ensure a more comfortable and streamlined customer experience.

The lobby is closed during renovations so that we can update the branch as quickly and safely as possible. To continue to serve you, our drive-up teller window will remain open. The renovations are currently underway and the lobby of our Wayland branch at 62 Boston Post Road is temporarily closed. We apologize for the inconvenience. We expect to reopen this newly renovated office in January.

If you wish to access your safe deposit box during this time, you may make an appointment with a member of our team by calling (617) 467-6123.

Please use the drive-up or visit any of our other branch locations during this time.

We look forward to sharing our renovation progress with you online and through social media.

Thank you for banking with The Village Bank.

Sincerely,
Joseph A. De Vito
President & CEO

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

Security Articles & Alerts

Malicious Cyber Actor Spoofing COVID-19 Loan Relief Webpage via Phishing

CISA Release Date: August 12, 2020

Summary

The Cybersecurity and Infrastructure Security Agency (CISA) is currently tracking an unknown malicious cyber actor who is spoofing the Small Business Administration (SBA) COVID-19 loan relief webpage via phishing emails. These emails include a malicious link to the spoofed SBA website that the cyber actor is using for malicious re-directs and credential stealing.

Technical Details

CISA analysts observed an unknown malicious cyber actor sending a phishing email to various Federal Civilian Executive Branch and state, local, tribal, and territorial government recipients. The phishing email contains:

  • Subject line: SBA Application – Review and Proceed
  • Sender: Email sender will be marked as disastercustomerservice@sba.gov
  • Body: Text in the email body urging the recipient to click on a hyperlink to address: hxxps://leanproconsulting.com.br/gov/covid19relief/sba.gov

Below is a screenshot of the webpage arrived at by clicking on the hyperlink.

Click here to read the full alert.

 

Security Articles & Alerts

FBI Reports Increase in Online Shopping Scams

CISA Release Date: August 05, 2020
CISA, Revision Date: November 18, 2019

The Federal Bureau of Investigation (FBI) Internet Crime Complaint Center (I3C) has released an alert on a recent increase in online shopping scams. The scams direct victims to fraudulent websites via ads on social media platforms and popular online search engines’ shopping pages. The Cybersecurity and Infrastructure Security Agency (CISA) encourages users and consumers to be diligent and be on alert for indicators of fraud and tips to avoid being victimized, as well as CISA’s tip on Shopping Safely Online.

Why do online shoppers have to take special precautions?

The internet offers convenience not available from other shopping outlets. You can search for items from multiple vendors, compare prices with a few mouse clicks, and make purchases from your home. However, the internet is also convenient for attackers, giving them multiple ways to access the personal and financial information of unsuspecting shoppers. Attackers who are able to obtain this information may use it for their own financial gain, either by making purchases themselves or by selling the information to someone else.

How can you protect yourself?

  • Do business with reputable vendors – Before providing any personal or financial information, make sure that you are interacting with a reputable, established vendor. Some attackers may try to trick you by creating malicious websites that appear to be legitimate, so you should verify the legitimacy before supplying any information.
  • Make sure your information is being encrypted – Many sites use secure sockets layer to encrypt information. Indications that your information will be encrypted include a Uniform Resource Locator (URL) that begins with “https:” instead of “http:” and a padlock icon. If the padlock is closed, the information is encrypted. The location of the icon varies by browser; for example, it may be to the right of the address bar or at the bottom of the window. Some attackers try to trick users by adding a fake padlock icon, so make sure that the icon is in the appropriate location for your browser.
  • Be wary of emails requesting information – Attackers may attempt to gather information by sending emails requesting that you confirm purchase or account information. Legitimate businesses will not solicit this type of information through email. Do not provide sensitive information through email. If you receive an unsolicited email from a business, instead of clicking on the provided link, directly log on to the authentic website by typing the address yourself.
  • Use a credit card – There are laws to limit your liability for fraudulent credit card charges, but you may not have the same level of protection for your debit cards. Additionally, debit cards draw money directly from bank accounts, unauthorized charges could leave you with insufficient funds to pay other bills. You can minimize potential damage by using a single, low-limit credit card to make all of your online purchases. Also, use a credit card when using a payment gateway such as PayPal, Google Wallet, or Apple Pay.
  • Check your statements – Keep a record of your purchases and copies of confirmation pages, and compare them to your bank statements. If there is a discrepancy, report it immediately.
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.

Security Articles & Alerts

National Elder Fraud Hotline

National Elder Fraud Hotline 1-833-372-8311

Senior citizens are one of the largest groups targeted by financial fraudsters. Last year there was an estimated combined loss of over a billion dollars in elder fraud schemes nationwide. In response to the fraud, The Department of Justice launched a National Elder Fraud Hotline, which will provide services to seniors who may be victims of financial fraud.

If you or someone you know suspects that they have been a victim of fraud, call the hotline’s toll-free number 1-833-FRAUD-11 (1-833-372-8311).

The Hotline is staffed by experienced case managers who can provide personalized support to callers. Case managers will assist callers with reporting the suspected fraud to relevant agencies and by providing resources and referrals to other appropriate services as needed.

When applicable, case managers will complete a complaint form with the Federal Bureau of Investigation Internet Crime Complaint Center (IC3) for Internet-facilitated crimes and submit a consumer complaint to the Federal Trade Commission on behalf of the caller.

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