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Charles River Bank Sponsors New Sign at Medway Community Farm Store

Recently, Medway Community Farm (MCF) has completed significant improvements to their Farm Store location at 50 Winthrop Street.  A long-time supporter of MCF, Charles River Bank donated $1,500 to sponsor the new road-side sign installed to attract the attention of those driving by the MCF Store.

Carol Collord, President of the MCF Board of Directors thanked Charles River Bank by stating, “We value the ongoing support they provide to us, for specific projects like the MCF Store sign, and other important programs.  They have been accessible and responsive, which is especially appreciated during a year filled with so many unexpected operational challenges resulting from the pandemic.”

Incorporated in 2009 and operating on 7 acres, MCF aims to provide locally-grown food, educational programming, volunteer opportunities and public events to the local community. Farm Manager Seth and Greenhouse Manager Christine Terramane, along with the farm crew, farm store staff, dedicated volunteers and the Farm’s Board of Directors, work together to bring organic produce and flowers to the Medway community. The MCF Store operates seasonally, offering their produce, flowers and honey produced on site.  In addition, you can find baked and canned goods, eggs and meat from other local organic farms, as well as handcrafted gift items.  For enhanced social distancing, MCF offers online ordering and curbside pickup.

For those looking for Community Supported Agriculture (CSA) shares for produce and flowers, MCF offers full and half shares for spring, summer and fall, or full year options.

Additionally, MCF delivers many educational programs to children in our community, working closely with Medway Public Schools and Medway Community Education offering special programs during the summer and into the fall this year.

“The interest in organic, locally grown foods using sustainable, low-impact methods has never been greater.  There is no better, healthier way to get your produce and flowers than right from your own community.  Charles River Bank was founded in Medway in 1915 by local residents when farms and mills dominated the scenery of our town. Today we are proud to support Medway Community Farm and the critical role it plays in meeting this growing demand to get back to locally sourced agriculture,” said Charles River Bank Senior Vice President Ann Sherry.

Information about MCF Store hours, purchasing CSA shares, volunteer opportunities and community programming can be found on their website www.medwaycommunityfarm.org.

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Your Mortgage Connection – Edition 1

Your Mortgage with Kim Pelliccia

Kim Pelliccia
Mortgage Consultant
2 South Maple Street,
Bellingham, MA 02019
NMLS#: 1870832
kpelliccia@charlesriverbank.com
O: 508-321-3160
C: 774-277-5898

Visit My Webpage

Visit Kim's Facebook Page  Visit Kim's Instagram Account  Visit Kim's LinkedIn Page


Welcome 2020!  What a difference a year makes.  According to Freddie Mac, during the first week of 2020, average US fixed interest rates for 30 year mortgages were 3.72% vs 4.51% one year ago at the start of 2019 – and rates are even lower this week!  With financing rates this low, buyers may be starting their spring home-buying season sooner rather than later. It’s a great time to prepare for what could be a very busy year!

For those I haven’t met in person yet, I’m Kim Pelliccia, Mortgage Consultant for Charles River Bank.  I’ve walked in your shoes, working as a Realtor® in MA and RI, as well as a real estate closing paralegal. I have successfully incorporated my prior experience in real estate directly into my role as a residential lender. My vision has always been to provide outstanding customer service and since we work in a referral business industry, I am dedicated to making sure I provide nothing but excellence throughout. I provide insight and direction to help buyers navigate through the complexity of the mortgage financing market.

A few unique programs that our Charles River Bank lending team and I have been able to access for income qualified buyers include:

  • FHLB Housing our Workforce grant programs offering up to $20,000 in matching down payment funds
  • FHLB Equity Builder Program offering up to $15,000 down-payment, closing cost and rehab assistance

There are many other unique financing programs that may better fit your buyers’ individual needs, and throughout 2020 I’ll be sharing some additional details that you may find helpful.

If you have any specific situations where you’re looking for a creative solution to finding financing, I invite you to call or email me.  I’m here to help provide ideas and solutions, and put in the work to make sure you, your sellers and buyers get to closing on time with no surprises, completely satisfied with service and the financing process.

I look forward to working with you and wish you a very successful 2020!

 

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Pelliccia Joins Charles River Bank as Mortgage Consultant

Charles River Bank (CRB) is proud to announce the addition of Mortgage Consultant Kim Pelliccia. In her new position, Pelliccia will guide homebuyers and homeowners through the mortgage financing process, provide loan pre-qualifications for those looking to purchase, offer expert advice on home equity options, and coordinate educational programs for Realtors® and potential customers.

Pelliccia brings to the bank a combined 20 years of customer service excellence, sales, marketing, administrative, and real estate experience. Holding a high honors Business degree from Fisher College, Pelliccia has held support roles in the retail, manufacturing, and construction industries, and was a real estate paralegal and a prior licensed Realtor® in RI and MA.  Originally from Providence, RI, Pelliccia now resides in Seekonk, MA with her family and enjoys watching her children play sports, visiting beaches, and discovering new restaurants.

Having acquired her first home in 2017, navigating through a complex short-sale purchase, Pelliccia is excited to share her personal experience and knowledge of the industry with others to help them achieve their goal of home ownership.  Pelliccia can assist with first time homebuyer programs, fixed and adjustable rate loans with terms from 10 to 30 years, jumbo loans, purchase with rehab programs, Mass Housing loans, construction loans, home equity loans, and potential eligibility of her customers for down payment and closing cost grants through the Federal Home Loan Bank’s Equity Builder Program.

Pelliccia will be based out of Charles River Bank’s Bellingham, MA office, conveniently located off of Rte. 495 on Route 140 at the Bellingham/Franklin town line.  She is available for consultations by phone or in person and will be following through on applications submitted to her through CRB’s 24 hour Online Mortgage Center (www.charlesriverbank.com).

“We are excited to have Kim join our team.  Kim brings tremendous energy and a desire to provide the highest level of expertise and open communication from a customer’s first inquiry through loan closing.  Our mortgage customers and Realtors will benefit from her experience in the real estate industry, as well as her extensive customer service background,” said Charles River Bank President & CEO Jack Hamilton.

Pelliccia can be reached at kpelliccia@charlesriverbank.com or 508-321-3160.

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Charles River Bank Sponsors Medway Summer Concert Series

Charles River Bank is a proud sponsor of this year’s Medway Summer Concert Series in conjunction with the Medway Parks and Recreation Department. Concerts will be held Mondays in July at Choate Park in Medway from 6:00pm to 8:00pm. The program is also supported by a grant from the Medway Cultural Council, which supports various programs that promote access, education and diversity in the arts, humanities and interpretive sciences.

This year’s schedule of performers includes:

-July 8: The Chris Ross Band
-July 15: The Dan Rice Project
-July 22: Lake Shore Drive Band
-July 29: The Reminisants

“We love the idea of a summer concert series at Medway’s redesigned and newly upgraded Choate Park. It’s the perfect place for our community to get together and discover some very talented local artists. We are so happy to sponsor these concerts so everyone can get outside and enjoy an evening with friends, family and music in beautiful Choate Park,” said Charles River Bank’s Senior Vice President of Customer Care and Relationship Development Ann Sherry.

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Charles River Bank is Premier Sponsor of Medway Foundation for Education’s “Dodging 4 Schools”

Charles River Bank donated $1,000 to the Medway Foundation for Education (MFE) as Premier Sponsor of their Dodging 4 Schools Annual Dodgeball Tournament. This year’s tournament will be held on March 23rd at 11:00am at the Medway Middle School.

The Medway Foundation for Education was formed in 2002 to help raise funds to support local, educational-based special initiatives that enhance programs offered through the Medway Public Schools. Charles River Bank has always been deeply committed to the MFE, supporting its fundraising efforts and events held throughout the year. Bank officers have served on the MFE board since its founding. Currently, Charles River Bank AVP/Medway Operations Manager Nancy MacLeod is a member of the MFE Board of Directors.

To date, the MFE has provided over $270,000 in grants to Medway Public Schools through fundraising events like the Dodgeball Tournament and Trivia Bee. This year, the MFE Board of Directors has awarded grants to establish a new Collaborative Classroom with updated technologies for Medway High School students, a Lightboard Studio that creates video lectures for Medway Middle School students and an interactive Lego table for Medway Elementary School students.

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Three Students Awarded Scholarships from Charles River Bank

(Medway, MA)- Charles River Bank President & CEO Jack Hamilton is pleased to award annual scholarships from Charles River Bank to Catherine Dunne, Lillian Sears and Jessica Daly. All three students are 2018 graduates of Medway High School. Scholarship recipients must demonstrate that they have successfully completed their first semester of college and are enrolled for second semester classes. Dunne is studying accounting at the Isenberg School of Management at the University of Massachusetts Amherst and is also pursuing a minor in economics. Sears is in her freshmen year at Westfield State where she is majoring in criminal justice. Daly attends Arizona State University and is majoring in biomedical sciences with the intent to pursue a graduate degree in physical therapy.

To be eligible for a scholarship, students must either participate as a student-teller in the School Bank Program at Medway High School where Charles River Bank operates a full-service educational branch, or be employed at any of Charles River Bank’s three branches.  Student-tellers at the Medway High School office earn school credit as tellers at the school branch.  They learn about banking operations, regulations, financial services and marketing.

“Catherine, Lilly and Jess are articulate, intelligent and very deserving of these scholarships. They stood out in our High School Bank Program and it’s exciting to see them succeed in their college careers. I look forward to seeing what their futures hold,” said Hamilton.

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Charles River Bank’s VP & Director of Financial Services Clinton McHoul Earns CFP® Certification

Clint McHoul CFP®, VP/Director of Financial Services at Charles River Bank in Medway, MA has been authorized by the Certified Financial Planner Board of Standards (CFP Board) to use the CERTIFIED FINANCIAL PLANNER™ and CFP® certification marks in accordance with CFP Board certification and renewal requirements. Mr. McHoul joined Charles River Bank in 2017 with more than 10 years of experience working with clients providing expertise with their retirement planning, education funding, business continuity planning, investments and insurance.

The CFP® marks identify those individuals who have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP® Certification Examination covering the following areas:  the financial planning process, risk management, investments, tax planning and management, retirement and employee benefits, and estate planning.  CFP® professionals also agree to meet ongoing continuing education requirements and to uphold CFP Board’s Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards.

“Charles River Bank’s customers have a great resource with Clint.  They can be assured of receiving the highest level of professionalism and expertise with all their financial planning, investment and insurance needs. His CFP® certification truly differentiates him from other Financial Advisors and we are very proud of his accomplishment,” stated Charles River Bank President & CEO Jack Hamilton.

To make an appointment with Clint, please call 508-321-3144 or email him at cmchoul@charlesriverbank.com.

 

About the CFP Board:

CFP Board is a nonprofit certification organization with a mission to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning.  CFP Board owns the certification marks CFP®, Certified Financial Planner™ and federally registered CFP (with plaque design) and CFP (with flame design) in the U.S., which it awards to individuals who successfully complete initial and ongoing certification requirements.  CFP Board currently authorizes more than 80,000 individuals to use these marks in the United States.  For more about CFP Board, visit www.CFP.net.

About Charles River Bank:

Charles River Bank—with assets of $235 million—was founded in 1915, and continues to offer a wide range of individual and business banking services. The Bank’s Main Office is located at 70 Main Street in Medway, with state-of-the-art branches located on the Bellingham/Franklin town line on Route 140 and in Mendon at 1 Hastings Street, at the intersection of Rte. 16 and North Avenue. Charles River Bank also operates a branch in Medway High School that serves as an educational facility and full-service branch. In 2018, Charles River Bank contributed more than $37,000 to community non-profit organizations. For more information call 508-533-8661 or visit www.charlesriverbank.com.

It is important that our customers understand that the products and services available through our Financial Advisor may not be considered: a deposit, are not FDIC Insured, are not insured by a Federal Government Agency, are not guaranteed by the bank, and may go down in value. The products and services are subject to market conditions and involve investment risk, including the possibility of loss of value. Advisory Service through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Charles River Bank and Cambridge are not affiliated. Securities offered through Cambridge Investment Research, Inc., a broker/dealer, Member FINRA/SIPC.

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