BayCoast Bank, in conjunction with the Fall River Office of Economic Development, has provided financing to Hutchings Holding II, an affiliate of Raw Seafood, Inc. in Fall River., a seafood distributor and processor. Funds will be used to purchase a building to house a seafood processing plant and cold storage.

The bank was pleased to work with the Fall River Office of Economic Development on this initiative.

About BayCoast Bank

BayCoast Bank is a mutually-owned savings bank that was chartered in 1851. Currently, the Bank serves southeastern Massachusetts and Rhode Island, with locations in Fall River, New Bedford, Dartmouth, Seekonk, Somerset, Swansea, North Dighton, Fairhaven, Westport, and Tiverton, RI. BayCoast Bank also opened a loan production office in Providence, RI during 2014. BayCoast Bank offers a wide range of financial services including investment management, trust services, and insurance and brokerage services to consumers and businesses. Its affiliates include BayCoast Financial Services, offering stocks, bonds, mutual funds, annuities and college savings plans; and Partners Insurance Group, LLC, an independent agency representing several insurance companies that provide automobile, home, life and business coverage. Nicholas Christ is the Bank’s President and Chief Executive Officer. Main headquarters are at 30 Bedford St, Fall River, MA 02721. For additional information on the Bank or its services, please visit www.BayCoastBank.com or call 508-678-7641.