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Hampden Bank (formerly Hampden Savings Bank) was one of two
bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
s headquartered in
Springfield, Massachusetts Springfield is a city in the Commonwealth of Massachusetts, United States, and the seat of Hampden County. Springfield sits on the eastern bank of the Connecticut River near its confluence with three rivers: the western Westfield River, th ...
, (the other - NuVo Bank - was opened in Metro Center in 2009.) Established in 1852, Hampden Bank was a full-service bank that serves people and businesses in
Hampden County, Massachusetts Hampden County is a non-governmental county located in the Pioneer Valley of the state of Massachusetts, in the United States. As of the 2020 census, Hampden County's population was 465,825. Its traditional county seat is Springfield, the ...
, and in surrounding communities. As of 2011, Hampden Bank had ten office locations in Springfield, Agawam, Longmeadow, West Springfield, Wilbraham, at Tower Square in Metro Center Springfield, and in Indian Orchard. In 2015, Hampden Bank was acquired by Pittsfield-based Berkshire Bank.


History

Founded in Springfield, Massachusetts before the
American Civil War The American Civil War (April 12, 1861 – May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States. It was fought between the Union (American Civil War), Union ("the North") and t ...
in 1852, Hampden Bank's roots in Western Massachusetts run deep. Originally chartered to serve railroad employees - one of Hampden Bank's first locations, built-in 1918, is listed on the
National Register of Historic Places The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic ...
- and is located two blocks south of Springfield Union Station. (For information on that building, see: Hampden Savings Bank.) As of 2011, Hampden Bank's Main Office is located several blocks south of that location at 19 Harrison Avenue, near the center of the city's Downtown Business District. In 2011, Hampden Bank consisted of ten full-service branches and an extensive network of
automated teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fund ...
s in Western Massachusetts. It remained a mutual bank until January 18, 2007, when its stock became public. The Hampden Bank Foundation provides grants to
nonprofit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
, community-based organizations in the
Pioneer Valley The Pioneer Valley is the colloquial and promotional name for the portion of the Connecticut River Valley that is in Massachusetts in the United States. It is generally taken to comprise the three counties of Hampden, Hampshire, and Frankli ...
. Some examples of these institutions are
Habitat for Humanity Habitat for Humanity International (HFHI), generally referred to as Habitat for Humanity or Habitat, is a US non-governmental, and nonprofit organization which was founded in 1976 by couple Millard and Linda Fuller. Habitat for Humanity is a C ...
and the Community Music School of Springfield. Hampden Bank also sponsors the annual Hoop City Jazz & Art Festival, which draws tens of thousands of spectators to Springfield's
Court Square Court Square in Springfield, Massachusetts, United States, is a park and historic district in the heart of Springfield's urban Metro Center neighborhood. Court Square is the City of Springfield's only topographical constant since its founding ...
each July.


References

{{Reflist Banks based in Massachusetts Companies based in Springfield, Massachusetts Banks established in 1852 Defunct banks of the United States 1852 establishments in Massachusetts