Martha’s Vineyard Savings Bank opens Falmouth branch


Martha’s Vineyard Savings Bank opened a full service branch office on June 2 at 397 Palmer Avenue in Falmouth. “The 3,000 square foot Cape Cod style facility offers a complete range of financial services, including checking, savings, home equity loans, business loans, mortgages, CDs, money market accounts, safe deposit rentals, estate planning, trust and asset management, investment tools and more,” the bank said in a press release.

A special two-week opening celebration ends on Saturday, June 14, with a family barbecue from 10 am to 2 pm. Including the purchase price of the building and additional renovations, Martha’s Vineyard Savings Bank said it has made an investment of $1.5 million in the new Falmouth property.  Elsa Vieira, who has 27 years of banking experience, will manage the branch. David Weston is Vice President and Trust Officer.

The Palmer Avenue branch marks the Bank’s second Falmouth location. A Woods Hole branch opened in 2009. Martha’s Vineyard Savings Bank is a full-service savings bank headquartered in Edgartown. For more information, visit