Florence Bank Named Top Mortgage Lender for Hampshire County in Latest Warren Group Statistics

6/10/17

Florence Bank, a mutually-owned savings bank serving the Pioneer Valley through 9 branch locations, has topped the list of Banker & Tradesman’s “Top Three Mortgage Lenders of Hampshire County,” published May 30.

Banker & Tradesman is a weekly newspaper published by The Warren Group, which collects and compiles data on real estate sales and ownership throughout New England. The Warren Group publishes a number of magazines including Banker & Tradesman and The Commercial Record. Based in Boston, the company was established in 1872.

Their May 30 report listed the three top mortgage lenders in Hampshire County; Florence Bank topped the list with an 11.46% market share.

Barbara-Jean DeLoria, Senior Vice-President/Director of Mortgage at Florence Bank, said that Florence Bank’s success can be traced to numerous factors. She said that the Bank prides itself on its unique, customer-friendly system for mortgage customers, which includes having two lending officers present at each branch, enabling customers to have immediate access to lending officers. Additionally, Florence Bank offers very competitive pricing in the market, and a smooth and streamlined process for completing transactions in a timely manner.

“People also really like dealing locally,” she added.

John F. Heaps, Jr., President and CEO of Florence Bank, said, “We are pleased to be recognized by Banker & Tradesman and The Warren Group for our record of lending here in Hampshire County. We really enjoy helping people buy homes.”

About Florence Bank

Florence Bank is a mutually-owned savings bank chartered in 1873. Currently, the Bank serves the Pioneer Valley through 9 full-service branch locations in Florence, Northampton, Easthampton, Williamsburg, Amherst, Hadley, Belchertown and Granby as well as through 27 ATMs and a loan production office in West Springfield. Florence Bank offers a wide range of financial services including investment management through FSB Financial Group (FSBFG) to consumers and businesses. John F. Heaps Jr. is the Bank’s President and Chief Executive Officer. Main headquarters are at 85 Main Street, Florence, MA 01062. For additional information about the Bank or its services please visit www.florencebank.com or call 413.586.1300.

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