Check here frequently for the latest South Shore Bank news and community news. We also work hard behind the scenes to keep you up-to-date on news and developments on any possible fraud-related scams or incidents. Check out our Security Center for the latest updates or follow the prompts below. Current alerts will appear on our homepage as needed so they are top-of-mind and convenient to access.
March 16, 2020
What actions has South Shore Bank taken to reduce associated risks of Coronavirus (COVID-19)?
South Shore Bank is committed to the safety of our employees and clients. We have added additional cleaning measures and provided our staff with information and supplies to keep themselves safe at work and at home. We want to provide our clients with uninterrupted banking services and assure you that we take your health and safety very seriously.
Does South Shore Bank have a business plan in place to deal with the escalation of this pandemic?
All locations with drive-up accessibility will be operating in drive-up only mode and by appointment by Tuesday March 17, 2020. South Shore Bank workforce that can work remotely is functioning in that capacity. We have eliminated business travel and have shifted all business/ internal meetings to virtual where possible. To make an in-branch appointment, please contact our Customer Information Center (CIC) at 781-682-3715 or email CIC at southshorebank dot com.
South Shore Bank has an updated Business Continuity Plan in place and is closely monitoring the local situation to ensure the safety of our clients and our employees. Each plan includes people, process and location. The plans cover various types of emergencies. We are ready to enact certain pieces of the plan should the need arise.
Will South Shore Bank close? What will South Shore Bank do if the conditions worsen?
South Shore Bank leadership is closely monitoring the national and global situation. While there is no immediate need to close our branches, we will be banking differently. We encourage clients to utilize our digital services to ensure uninterrupted banking. These digital services include:
- Mobile banking
- Online banking
- Face2Face® (Live Teller) Machines
- And much more!
Should the situation worsen, we have plans in place to consolidate branches temporarily to minimize the impact to our clients.
Does the Bank have any concerns of becoming insolvent?
South Shore Bank is well capitalized and in great financial shape to withstand this economic situation stemmed from the Coronavirus (COVID-19). We are encouraging our clients to continue business as usual. There is no need to withdraw excessive amounts of cash. Debit Cards and electronic banking services will not be impacted. Your deposits are 100% insured by FDIC and DIF and you should continue to do your banking as you normally would.
How is the Bank keeping employees and clients safe? How are you planning to mitigate the spread of the virus?
Our goal is to minimize the impact of the pandemic to our clients and employees. We have added additional cleaning measures to our offices and branches, and we continue to monitor and comply with national and local guidance.
How will South Shore Bank communicate with clients in the event of a local outbreak? How can I get in touch with the Bank if needed?
The Bank has multiple avenues for client communication. You can access our website to view up to date information. We have included links to health organizations and will continue to post updates as to the situation and its impact on South Shore Bank. In addition, we will provide social media updates as needed. If you need to contact South Shore Bank, please feel free to do so by calling our Client Information Center at 781-682-3715 or email CIC at southshorebank dot com
What will the Bank do if any of the employees have contracted the virus? Does the Bank have a plan to quarantine the employees? Notify clients?
South Shore Bank is following guidance from the Center for Disease Control and Prevention (CDC), World Health Organization (WHO), Massachusetts Department of Public Health (DPH) and other local organizations.
Why do you not have hand sanitizer out for clients?
We understand your concerns and to keep our employees safe, have provided hand sanitizer to the staff in all locations. South Shore Bank has installed hand sanitizers in the vestibules by the ATMs and Face2Face (F2F) machines.
Why are your employees wearing gloves?
Some of our employees have chosen to wear gloves as an added protection for themselves. We encourage our team to protect themselves in any way they deem fit. Our employees are our priority and the Bank has supplied gloves to those wishing to exercise this practice.
Why is the Bank staying open during this National Emergency?
Having a safe and sound financial system is an important part of managing through any crisis. In addition, South Shore Bank is committed to the safety of our employees and clients. We have added additional cleaning measures and provided our staff with information and supplies to keep them safe at work and at home. We want to provide our clients with uninterrupted banking services and assure you that we take your health and safety very seriously.
Does this relief provide me more time to contribute money to my IRA for 2019?
Yes. Contributions can be made to your IRA, for a particular year, at any time during the year or by the due date for filing your return for that year. Because the due date for filing Federal income tax returns has been postponed to July 15, the deadline for making contributions to your IRA for 2019 is also extended to July 15, 2020. For more details on IRA contributions, see Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs).
February 13, 2020
Event Raises Money for “Trip of a Lifetime to Disney, Auction Items Include African Safari
The 2020 St. Patrick's Day Dinner and Auction to benefit students with intellectual disabilities at Cardinal Cushing Centers in Hanover and Braintree will be held on Thursday, March 12, at the Granite Links Golf Club in Quincy. Sponsored by South Shore Bank, the event will raise money for the annual “Trip of a Lifetime” to Disney World for the schools’ graduating classes, a tradition that began more than two decades ago.
January 7, 2020
Since its launch in early 2019, Money Experience has teamed up with partners across its home state of Massachusetts to help provide people of all ages the opportunity to increase their financial literacy. Through partnerships with YMCA of Greater Boston, Girls Inc., Boys & Girls Clubs of Boston, State Street Corporation, Boston Children's Hospital, South Shore Bank, and numerous other companies, organizations, banks and school districts, Money Experience has touched a diverse audience statewide.
In the most recent National Report Card from the Center For Financial Literacy, Massachusetts was one of only nine states in the US that received a failing grade. And for residents living in a state with no financial literacy requirements, associated budget, or curriculum available for schools that take the initiative to introduce the topic, this comes as no surprise.
December 4, 2019
South Shore Bank COO to help nonprofit support recovery during addiction epidemic
South Shore Bank Chief Operating Officer (COO) Pamela J. O’Leary of Weymouth has been elected to the Board of Directors for South Shore Peer Recovery. A dynamic workplace leader who gives back to the community, O’Leary will provide leadership and strategic direction to the organization based on her business, operations and information technology experience. O’Leary will work to strengthen South Shore Peer Recovery’s reach and impact during a time when support for those seeking recovery from substance abuse is critical.
November 1, 2019
Experienced Information Technology Manager
South Shore Bank proudly announces Craig Gardner's acceptance as Chief Technology Officer! Craig brings 25 years of high-level expertise and leadership in Information Technology. Craig was born and raised on the South Shore. He grew up in Braintree and currently resides in Easton, MA.
Cookies from the Heart: South Shore Bank Partners with Friendship Home in Norwell to create new jobs
September 9, 2019
Leading community bank funds program providing work employment for people with disabilities
South Shore Bank is pleased to announce a new partnership with Friendship Home in Norwell called, “Cookies from the Heart.” Friendship Home was founded in 1999 by two mothers of adult children with developmental disabilities, who dreamed, then achieved opening a Home with a Heart that supports individuals with developmental disabilities as well as their families. Now, South Shore Bank will sponsor “Cookies from the Heart,” employing two people from Friendship Home to package cookies and hand deliver them to within the local community. The dough for this program is generously donated by Montilio’s Baking Company in Quincy. South Shore Bank distributes the cookies to various individuals and organizations throughout the community.
July 9, 2019
When you buy or refinance a home, you’re investing in the community where you live and vacation. South Shore Bank believes that your Mortgage provider should be a vested part of your community.
July 1, 2019
South Shore Bank is proud to announce the hiring of Seanna Grant as Retail Officer, bringing with her more than a decade of branch managerial experience at some of New England’s largest banks.
July 1, 2019
South Shore Bank is providing customers with fee-free unlimited access to cash and expanding its ATM network to more than 8,000 7-Eleven stores, under a new multi-year agreement with FCTI, Inc. This partnership includes dynamic branding and marketing technology, turning 7-Eleven machines into South Shore Bank branded ATM’s anytime a South Shore Bank ATM or Debit card is inserted.
June 25, 2019
South Shore Bank in Weymouth, Massachusetts has petitioned the Massachusetts Division of Banks for permission to close the branch office located at 138 Franklin Street, Quincy MA. The proposed date to close is tentatively September 27, 2019. Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, Mary Gallagher, Division of Banks, 1000 Washington Street 10th floor, Boston, MA 02118 no later than two weeks from June 25, 2019.
June 25, 2019
South Shore Bank in Weymouth, Massachusetts has petitioned the Massachusetts Division of Banks for permission to close the branch office located at 1515 Commercial Street, Weymouth, MA. The proposed date to close is tentatively September 27, 2019. Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, Mary Gallagher, Division of Banks, 1000 Washington Street 10th floor, Boston, MA 02118 no later than two weeks from June 25, 2019.
June 11, 2019
After a 51-year career in community banking, most recently serving as President of South Shore Bank, Paul Pecci has announced his retirement – effective June 30th.
May 6, 2019
“We are grateful for our partnership with South Shore Bank and are excited by the opportunities this initiative offers to our students,” said Dr. Gena Glickman, president of Massasoit Community College. “South Shore Bank has been a strong supporter of Massasoit, and we know that these new IDs are essential for Massasoit students to feel recognized, safe, and part of our campuses.”
March 19, 2019
South Shore Bank is proud to announce the hiring of Bindiya Jain as Vice President/Director of Consumer Lending and Loan Operations. Jain brings with her nearly 20-years of experience working in residential/consumer lending and loan operations at various banks around Massachusetts and beyond.
January 14, 2019
South Shore Bank is proud to announce the hiring of James Twiss as Retail Officer. Twiss is a veteran of some of the biggest banks in Massachusetts, with a strong background in enhancing the client experience.
January 14, 2019
South Shore Bank is proud to announce the hiring of Vikki Leinas as Retail Officer. Leinas brings with her more than 10-years of experience working in branch management.
January 12, 2019
South Shore Bank Offers Automatic Rent Payment Solutions to Landlords and Property Managers through ZRent.
January 4, 2019
South Shore Bank is proud to announce the hiring of Thomas Osuch as Vice President/Commercial Loan Officer. Osuch brings with him more than 10-years of experience in commercial lending at various banks around the South Shore.