BayCoast Bank begins construction on new South Dartmouth branch; groundbreaking takes place for Bank’s 18th location

SOUTH DARTMOUTH, MA – BayCoast Bank (www.baycoastbank.com) today announced that it has begun construction on a new branch location at South Dartmouth, which will be the Bank’s 18^th location throughout the SouthCoast region.

Groundbreaking ceremonies took place Thursday morning, August 14, at an 8:30 ceremony attended by Bank and local community officials. Carl Taber, Executive Vice President Chief Lending Officer, and Ann Ramos-Desrosiers, Senior Vice President Chief Community Banking Officer, greeted guests and expressed their excitement about the new branch.  Attendees included Ira Tatelbaum, manager of Dartco,LLC, the owner of the shopping center, and David Tatelbaum, owner of Big Value Outlet, as well as several individuals from the Dartmouth town offices:  Vice Chairperson of the Select Board Lara Stone, Select Board member Stanley Mickelson, Director of Inspectional Services Paul Murphy, Finance Director Gregory Barnes, Director of Development Deborah Melino-Wender, and Planning Board member Kevin Melo, who is also the Branch Manager of BayCoast’s Fairhaven location.

The building was designed by Jamie Hughes of Vision 3 Architects and being constructed by R.P. Valois & Company, represented at the Groundbreaking Ceremony by Roland Valois.  Alan Heureux, civil engineer for the new branch, was also in attendance along with project manager Robert Shaker, President of PACE Project Management, Inc.

The proposed 2600 square foot location will be a state-of-the-art branch located at the Big Value Outlet Plaza. The address for the new branch will be 714 South Dartmouth Street, South Dartmouth, MA 02748.

The open design concept will feature the latest in technology, including a Technology Center for staff to assist customers with on-line banking, mobile banking, mobile deposit and bill paying functions. The new branch will have a Person Teller Machine, also known as an interactive automated teller, or virtual teller; a lobby coin machine, a smart drive-up ATM, and two drive-through lanes. Additionally, the new branch will have a Community Conference Room, and after-hours meeting space.

Nicholas Christ, President and CEO of BayCoast Bank, said, “Our upcoming South Dartmouth location completes the build-out of our Greater New Bedford presence. We know this location will be a benefit for both our current and future customers.  We are especially excited to offer the Dartmouth and New Bedford communities a wider range of banking opportunities, including technology-forward conveniences and alternatives.”

About BayCoast Bank

BayCoast Bank is a mutually-owned savings bank that was chartered in 1851. Currently, the Bank serves southeastern Massachusetts and Rhode Island with locations in Fall River, New Bedford, Seekonk, Somerset, Swansea, North Dighton, Fairhaven, Dartmouth, Westport, and Tiverton, RI.  BayCoast Bank offers a wide range of financial services including investment management, trust services, and insurance and brokerage services to consumers and businesses.  Its affiliates include BayCoast Financial Services, offering stocks, bonds, mutual funds, annuities and college savings plans; and Partners Insurance Group, LLC, an independent agency representing several insurance companies that provide automobile, home, life and business coverage. Nicholas Christ is the Bank’s President and Chief Executive Officer. Main headquarters are at 30 Bedford St, Fall River, MA 02721. For additional information on the Bank or its services, please visit www.BayCoastBank.com or call 508-678-7641.

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