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Clinton Savings Bank opened a new branch at Edgemere Crossing in Shrewsbury on March 20, joining supermarket Market Basket, which opened its new store at the plaza in January.
“We are thrilled to be expanding our footprint into the vibrant population of Shrewsbury,” Clinton Savings Bank President and CEO Robert Paulhus said in a March 20 press release. “As a community-focused financial institution, we believe our core values and relationship-based banking philosophy will meet the personal and business banking needs of Shrewsbury.”
The branch, at 200 Hartford Turnpike, is designed to allow for future build outs at the location. RP Masiello of Boylston was the general contractor. Gregory J. O’Connor Associates of Worcester was the architect for the project.
Clinton Savings Bank, founded in 1851, has more than $693 million in assets as of Dec. 31, up from $650 million as of Dec. 31 2021. The bank employs 101 people as of Dec. 31, according to filings with the Federal Deposit Insurance Corp.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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