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About Us - Press Releases

With Conversion Complete, Mt. Washington Bank Officially
Opens for Business in Jamaica Plain
Former Roxbury Highland Bank customers now able to access
MWB’S full line of banking products and services

(South Boston, MA) — It was a natural fit when it was announced over six months ago that Roxbury Highland Bank of Jamaica Plain would merge with Mt. Washington Bank. And on June 23rd, with its signs on the building and products and services readily available to its new customers, Mt.Washington Bank officially opened for business at 515 Centre Street. “We are very proud to be a member of the Jamaica Plain community and to welcome all of the Roxbury Highland Bank customers into our banking family,” said Edward J. Merritt, President and CEO of Mt. Washington Bank.

Mt. Washington Bank’s newest customers will now have access to Totally Free Business Checking, Online Banking, Telephone Banking, a Call Center and many other products and services. “We pride ourselves on being able to offer our customers all of the same financial products that our larger competitors do in a personal and friendly manner,” said Merritt. “Our new customers will not be disappointed with this experience.” In addition to the new Jamaica Plain location, Mt. Washington Bank has five other branches: three in South Boston and two Dorchester—a total of $525 million dollars in assets.

The merger between Mt. Washington Bank and Roxbury Highland Bank was officially announced last December when the boards of directors of both banks voted to join these two longstanding Boston banking institutions and making a larger, stronger and more vibrant community bank. After receiving approval by the banks’ depositors in January and regulatory agencies in April, the last and final step was the merging of the computer systems, which was completed on June 21st.

Mt. Washington Bank plans to become fully engaged with the greater Jamaica Plain community through its charitable foundation, beginning with its involvement in Spontaneous Celebrations, Hyde Square Task Force, First Thursdays, as well as several other summer traditions.

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About Mt. Washington Bank
Founded in 1893, Mt. Washington Bank is an independent, mutually-owned bank. In addition to offering a full range of products and services for consumers and businesses, Mt. Washington Bank prides itself on providing excellent service to their customers in the communities of South Boston, Dorchester, and Jamaica Plain, as well as being a great corporate citizen. Through the Mt. Washington Charitable Foundation, the bank dedicates 10% of its annual earnings to organizations and programs focused on education, culture, and youth.

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