July 7, 2025
Cambridge Savings Bank, based in Massachusetts, opened a branch in the Dorchester neighborhood of Boston. With this branch, the bank now has 19 locations in the region, according to a press release.
"Expanding into Dorchester is a strategic step in our ongoing efforts to reach communities with critical financial support. By establishing a presence here, we're not just opening a bank branch — we're opening doors of opportunity for local residents and businesses to access personalized tools, build economic resilience, and achieve their goals," Ryan Bailey, president and CEO of Cambridge Savings Bank, said in the release.
The branch provides all of the bank's products and services, while acting as a hub for financial education. In particular, it will offer workshops and meetings to help individuals improve credit scores and save money. It will also host workshops on financial planning, cash flow management, fraud, marketing and other strategies for small businesses.
"CSB is a people-first bank because we understand that our success is rooted in the triumphs of the individuals and communities we serve," Carol Sexton, head of retail banking at Cambridge Savings Bank, said in the release. "Opening a branch in Dorchester allows us to offer accessible financial resources, insightful guidance, and robust financial education programs in a community where we can make a tangible difference. By equipping residents and small businesses with vital tools and knowledge, we aim to turn everyday aspirations into meaningful accomplishments and foster long-term economic growth."