Bank News

Your Mortgage Connection – Edition 1

Your Mortgage with Kim Pelliccia

Kim Pelliccia
Mortgage Consultant
2 South Maple Street,
Bellingham, MA 02019
NMLS#: 1870832
O: 508-321-3160
C: 774-277-5898
Visit My Webpage    

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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Our Main Office (70 Main Street, Medway) will be closed on Saturday, December 7 for important utility and system upgrades.

During the upgrade, the Walk-up and Drive-up ATMs at the Main Office will not be available from approximately 5 PM on Friday, December 6 through Sunday, December 8.  

Our Bellingham and Mendon offices will be open from 9 AM – 1 PM on Saturday, December 7. Drive-up ATMs at both locations will also be available throughout the weekend.

Charles River Bank is conducting significant upgrades to our electrical and generator systems at our Medway Office. Below are easy ways to ensure you continue to connect with your accounts throughout the weekend:

  • In-Person Banking
    While our Main Office is closed on Saturday from 9 AM to 1 PM, our full-service locations in Bellingham and Mendon will be open, with extra staff on hand to help with any of your banking business. Click here for directions.
  • ATMs
    The ATMs at our Main Office will be unavailable throughout the weekend. You can continue to use your Charles River Bank Debit Card to get cash, while avoiding ATM surcharges, by:
    Visiting our locations in Bellingham and Mendon
    Using any SUM® or MoneyPass® location
    > Asking for cash back at most grocery stores and major retailers
  • Check Deposits
    Need to deposit a check? You can:
    Use the CRB Mobile Banking app
    > Visit our locations in Bellingham and Mendon
  • Safe Deposit Boxes
    Because the Main Office vault will be inaccessible during the upgrade, we encourage you to come in the week of December 1 to access your Safe Deposit Box and get any items you may need during, or directly after, the weekend.
  • Night Deposit Drop
    Business customers who currently use the Main Office Night Deposit Drop Box will have access to it during the weekend.
  • Cash & Coin
    If you or your business need cash or coin for the weekend, visit the Main Office on Thursday (8:30 AM – 6 PM) or Friday (8:30 AM – 5 PM), in anticipation of the branch closing on Saturday. Of course, you can also visit our Bellingham and Mendon locations for additional coin and cash.

We anticipate the work will be completed in time for our regular opening on Monday, December 9 but as with all major renovations, there may be delays. We will post any changes or updates here, as well as to our Facebook Page.

If you have any questions, please call a Personal Banker at 508-533-8661.  We apologize for the inconvenience and appreciate your understanding.

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Welcome to our new website

Our new site features an updated design which “responds” to the size of your screen, expanded client resource center, and personal stories from our customers and team. We have also included a new tool to assist our visitors with vision or physical limitations and will continue to explore ways to improve accessibility for everyone.

You can login from any page on our site.

Customers who access their personal or business accounts with online banking will be able to access their accounts throughout the site with a single login, located in the top navigation.

We hope you like our new site and look forward to adding new content and capabilities in the coming months.

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