bankESB Honored Again as One of Massachusetts’ Most Charitable Companies
EASTHAMPTON, MASSACHUSETTS, August 26, 2025 – bankESB is proud to announce that it has been recognized by the Boston Business Journal with the prestigious 2025 Corporate Citizenship Award, reaffirming its status as one of Massachusetts’s most charitable companies.
This marks the 11th consecutive year bankESB has earned this recognition—an acknowledgment of the bank’s deeply rooted commitment to community support through both financial contributions and volunteerism.
Central to bankESB’s philanthropic framework is its signature charitable giving initiative, The Giving Tree. Through this program bankESB champions a range of community needs—supporting food insecurity, affordable housing, education, veteran services, youth sports, and more throughout the cities and towns it serves.
“We’re so proud to be recognized as a good corporate citizen, because that’s exactly what we strive to be,” said Matthew S. Sosik, president & CEO of bankESB. “We truly believe in unlocking the potential of the communities we serve and that we can enhance everyone’s quality of life if we work to solve our biggest problems—together.”
Over the past decade, The Giving Tree has donated more than $4 million to area nonprofits. In 2024 alone, the program contributed nearly $515,000, and this year’s initiatives—including seasonal food pantry drives and local education grants—continue to strengthen local institutions and impact lives
“It is with honor that we present our list of the Top Charitable Contributors in Massachusetts – companies who gave $100,000 or more to Massachusetts-based charities in 2024. Collectively, they gave more than $416 million in cash contributions – a true example of the business community coming together to help those in need. We are proud to celebrate these organizations who give both money and time to make our communities stronger and better places for all,” said Boston Business Journal Market President and Publisher Carolyn Jones.
This year 99 companies have qualified for distinction by reporting at least $100,000 in cash contributions to Massachusetts-based charities last year as noted above. The honorees this year include companies from such industry sectors as financial and professional services, health care, technology, retail, and professional sports.
About bankESB
Founded in 1869 as Easthampton Savings Bank, bankESB is headquartered in Easthampton, Massachusetts. We have $1.9 billion in assets and offer a complete line of consumer and business deposit and lending products and services through 11 branches located throughout Western Massachusetts. We’re proud to fulfill our community banking mission—providing individualized financial support, a suite of comprehensive products and services, and smart banking technology—all to ensure our customers can unlock their potential and build a successful future. Through our sponsorship and charitable giving program, The Giving Tree, bankESB and the Easthampton Savings Bank Charitable Foundation support non-profit organizations and causes throughout Hampden and Hampshire counties. In 2024 alone, The Giving Tree donated nearly $515,000 and over the past decade has donated $4 million. bankESB is proud to be named a Corporate Citizenship Award winner for the past 11 years by Boston Business Journal and a three-time Top Workplaces Culture Excellence award winner for employee appreciation, well-being, and professional development. For more information, visit bankESB.com.
bankESB is a member of the Hometown Financial Group, a $6.5 billion multibank mutual holding company headquartered in Easthampton, Massachusetts, and the parent company of the family of banks that includes bankESB, bankHometown, North Shore Bank, and Abington Bank, a division of North Shore Bank, as well as Hometown Mortgage. Hometown Financial and our banks are proud to be recognized nationally as a three-time USA TODAY Top Workplaces award winner and a two-time Top Workplaces Financial Services Industry award winner by Energage, a Top Places to Work award winner by The Boston Globe, and a Top Workplaces award winner by the Hartford Courant. For more information, visit bankHFG.com.