BREAKING: Belmont Savings Bank Acquired By People’s United For $327M

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Photo: The headquarters of Belmont Savings Bank in Belmont Center.

Belmont Savings Bank, the town’s largest business with nearly $3 billion in assets, will be acquired by Bridgeport,  Connecticut-based People’s United Bank for $327 million in a stock transaction, according to a press release from People’s United issued today, Tuesday, Nov. 27.

People’s United operates more than 400 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire. It is the second largest bank in New England with approximately $45 billion in assets at the end of 2017, one of the largest in the Northeast, and the 46th largest in the US.

While People’s will be introducing its name and management to the bank, “Belmont Savings will be operating business as usual through the closing which is currently anticipated to be in the second quarter of 2019, pending regulatory approval,” according to questions answered by the People’s Corporate Communications Office. In addition, there “are no plans to close any [of the six] branches” including the main branch and now former headquarters in Belmont Center.

The Belmont Savings Bank Foundation, which has been a leading provider of grants to non-profits, community projects and education in its service area, will “remain independent and continue to operate after the People’s United acquisition,” noted People’s. 

“People’s United Bank and Belmont share a rich history in the Northeast and many synergies that will create significant value for both customers and stockholders,” said Bob Mahoney, President & CEO, BSB Bancorp, Inc.in the press release.

“Our customers will benefit from People’s United’s broader array of products and services, enhanced digital capabilities and expansive branch network. In addition, People’s United’s success with in-store locations will allow for the seamless integration of our Star Market branches.”

The acquisition is a stock transaction in which BSB Bancorp, Inc. stockholders – the parent company of Belmont Savings – will receive two shares of People’s United Financial stock for each BSB share. According to the press release, the transaction is valued at $32.42 per BSB Bancorp, Inc. share, based on the closing price of People’s United’s common stock on Monday, Nov. 26. The stock transaction is expected to close by the second quarter of 2019.

BSB stock was trading at 2 p.m. at $31 per share, up $4.14 or 15.4 percent today.

The sale of Belmont Savings is not unexpected as large regional banks such as People’s and Berkshire Bank have been on a long-term acquisition campaign as they seek to break into the lucrative Boston market.

 

Chenery To Address Racist, Homophobic Graffiti At School-Wide Response Wednesday

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Photo: Chenery Middle School.

Every class at Chenery Middle School will spend a portion of the Wednesday, Nov. 21 school day to address the discovery of racist and homophobic graffiti in one of the building’s bathrooms.

In correspondence to parents sent on Tuesday, Nov. 20, Chenery Principal Michael McAllister said the profane and offensive markings were found last week in a first-floor bathroom by staff. McAllister said he was “stunned” finding “[r]acist language, homophobic language, and profane language adorned the side wall and the mirror.”

“[I]t was difficult to read such hateful language,” said McAllister.

Hate graffiti has been on the increase at nearby school districts. Reading Memorial High School has been plagued by someone who has been drawing swastikas more than 30 times in the past year and a half with eight in the past few weeks. Malden High School, Melrose Veterans Memorial Middle School and middle schools in Reading have recently seen this sort of vile vandalism. A recent study by the Anti-Defamation League reported that hate crimes at all schools that includes graffiti have increased by more than 100 percent in the past year. 

But for McAllister, until last week’s incident, “Belmont had been the exception.” McAllister said despite an ongoing investigation, no one has been identified “responsible for such vitriolic language and disregard for the values we hold as a school community.”

McAlister said while the “culprit” may be hard to identify, the school will have a substantial response. “In times like these, we are reminded of the wisdom of Dr. Martin Luther King, Jr that, ‘We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly,'” wrote McAlister.

“We cannot simply do nothing. As your school leader, I cannot let this incident be swept under the proverbial rug. A statement needs to be made that we are not a community that will simply let this kind of thing slide,” said McAlister.

On Wednesday, students will remain in their homerooms as teachers will review the facts of the incident. Educators will start a conversation with the students, emphasizing how the hate vandalism impacts each pupil and what message should be sent to the student who wrote the graffiti with the aim to show students the large-scale impact of a single action.

Responses will be written and posted throughout the school, especially in the bathroom in which the hate occurred.

“As one colleague stated, ‘We could post words of hope on that same wall where there were once words of hate. We can take back that wall,'” said McAlister. 

“We remind students every day in our school motto that we are all expected to be “Respectful, Responsible, and Ready to learn.” Actions like that clearly violate the expectation of respect. Actions like that violate the responsibility we must all feel towards each other in a community. Actions like that impact our ability to learn with a free and open mind, forcing us to focus on protecting ourselves from threats before all else,” said McAlister.

Landslide! Debt Exclusion For New 7-12 School Passes By More Than 3 To 1 Margin

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Photo: Ellen Schreiber (right), co-chair of “Yes on 4” celebrating Tuesday night’s election result.

In a result that few could have predicted, Belmont voters overwhelmingly approved a debt exclusion to construct a new 7th through 12th grades school building by more than three to one margin on election day, Tuesday, Nov. 6.

The final vote total on Question 4 was 9,467 yes and 2,952 no with the “yes” vote receiving 76.2 percent support from the 12,833 voters – a whopping 72.4 percent turnout of registered voters – who crowded Belmont’s eight precincts throughout the mostly rain swept day. 

The night was a spectacular victory for two groups, the Belmont High School Building Committee which created a transparent and public-friendly process as the project moved from initial support by the state to a nearly finished design, and the “Yes On 4” advocacy group which promoted the new high school as, despite its costly label, fiscally responsible.

“When I first started seeing the numbers come in, I just couldn’t believe them. It says something when that many people in the town agree that we needed to do this,” said Ellen Schreiber, the “Yes on 4” co-chair with Sara Masucci at a large celebration with Question 4 supporters on Tuesday night. “It’s an amazing day for the town, for our residents, and for our children.”

The question now heads to next week’s Special Town Meeting on Nov. 13 where it will be presented before Belmont’s legislative body for approval, which is a near certainty. While the ballot question does not indicate a cost of the exclusion, the Building Committee placed a $213 million price tag for the town’s share of the $295 million middle/high school. The Massachusetts School Building Committee, which has worked in partnership with the town since it voted to accept Belmont’s application to build a new school in January 2016, will pony up the remaining funds. 

With approval at the Special Town Meeting, the construction of the 451,575 square-foot campus housing 2,215 students will get underway with the completion of the building design in April 2019 with actual shovels in the ground after the school year ends in June 2019 with the 9-12 grade portion of the school completed by July 2021. The middle school section will then be built on the site of the former high school. The school will be completed by September 2023.

Just how unexpectedly large the “yes” majority turned out was caught in the reaction to the vote total from Pat Brusch, a member of the Belmont High School Building Committee, who accompanied Belmont School Committee Chair Susan Burgess-Cox to a backroom in Town Hall where Town Clerk Ellen Cushman and volunteers were tabulating the 3,400 early voting ballots minutes after the polls closed at 8 p.m.

Ten minutes after the polls closed, the first two early voting results, for Precincts 1 and 2, showed the yes’ had scored widespread support, a cumulative total of 777 to 250 in favor.

“It’s still early,” said Brusch, a noted pessimist who had spent past elections anxiously waiting the votes from residents with a well-known skepticism to approving tax increases.

When the result from the precincts themselves began filtering in on Burgess Cox’ cell-phone showing Belmont voters in near complete support for the new school project, Brusch – who was also vice-chair of the Wellington Building Committee and served on the building committees for the Chenery and Burbank/Winn Brook school construction projects – stood to stare in stunned silence for several seconds.

“I’m truly shocked,” Brusch final said as it became clear that before even a quarter of the votes had been tallied the “yes” majority would take the day.

For Burgess-Cox, the result “is amazing. The number of people who voted and the number who voted for [the debt exclusion] is an affirmation for Belmont’s schools.” 

At the celebration at a supporter’s house midway between the Chenery and Wellington schools, Schreiber said the victory for the school was accomplished fully by the dozens of volunteers who did both the large and small activities; from knocking on doors, creating innovative videos, to those who spent Tuesday in the rain for hours holding signs at intersections and the precincts.

“We wouldn’t have won without them,” she said.

The pitch to the public was straight forward; a new school would resolve issues that were threatening the education of the district’s children, said Schreiber

“Everyone saw that we needed to do this. The problems in the school system whether it’s over enrollement or inadequate buildings is real and they need to be solved. And this is a really great solution, it’s well planned and vetted by the building committee and we had an unpresidented amount of community meeting to give their input,” said Schreiber, who praised the group for “kicking the tires” on the project to demonstrate to residents that the project has been thoroughly evalutated with a great deal of transparency. 

“Through the course of this campaign, all we’ve been doing is communicating what the building committee has done. And with 76 percent of the vote, the town agreed.” she said.

Obituary: Brian Rogers, Who Nurtured Belmont’s Sports, Died at 65

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Photo: Brian Rogers at the 2018 Brandan Home Run 5K in June.

Brian Rogers, the creative talent who nurtured Belmont sports from road racing to youngsters playing ball, died suddenly after being taken to Mt. Auburn Hospital on Sunday, Sept. 31, 2018.

A School Street resident, Rogers was 65. No cause of death was given.

“Brian was a gifted man, with a graceful intelligence and strong moral compass that came from somewhere deep within his soul,” said Casey Grant, who Rogers volunteered in managing the foundation honoring Grant’s son, Brandan. “His legacy in providing selfless, humble service to our local community and beyond [measure] and timeless.”

“He was a quiet, soft-spoken gentleman who never had a bad word to say about anyone, who loved his family and his town, and who made the town a better place to live,” said Peter Noone, a lifelong resident, and close friend. 

For the past two-and-a-half decades, Rogers was known as the race director of the Brendan’s Home Run 5K, running the Father’s Day event since its inception in January 2002. Rogers was one of Brendan Grant’s youth coaches and immediately after the young man’s death in 2001, “provided leadership to the organization and its annual road race to help ensure Brendan’s memory lived on and helped turn the tragedy of his sudden death into many years of incredibly positive things for the town,” said Noone in an email.

Rogers took the small race and developed and promoted it into an all-out annual community fundraiser and get together where Olympians and rising talent ran alongside Belmont residents whose only exposure to running occurred once a year. He saw the race as more than just an athletic event but as a coming together of the people of Belmont, from those who volunteered, contributed time and prizes to the runners themselves, the vast majority being residents.

“This race works on a lot of levels, and that’s the beauty of it,” all of “which keeps the memory of Brendan alive today,” said Rogers at the 2017 race.

But it was baseball where Rogers’ sports affections lied.

“He loved baseball more than even the most die-hard fans,” noted Noone. “He was like an encyclopedia of baseball and had an unmatched love of the history of the game.” He took that love for the game and channeled it working several decades with Belmont Youth baseball, first as a coach, then director, board member, and trustee.

During his tenure at youth baseball, Rogers ran every aspect of the program, from scheduling, organizing teams, cleaning equipment, and running tryouts, as he steered the program in a way that made the baseball program an outstanding youth program that cared about helping every kid, no matter how talented.

“He devoted his life for many years to the program and the kids of the town. He followed the kids in the news after they graduated from High School and moved on to college baseball. Even after he retired from the Board, he would send in clips from newspapers throughout the country that described the successes of Belmont’s players,” said Noone.

Born in Geneva, NY, Rogers graduated from the Rochester Institute of Technology with a Bachelors in Fine Arts in Communication Design. Rogers started his career as a graphic designer in Chicago and Boston but moved towards the creative side of design as a new business/creative developer at Foster Design Group in  Natick.

In 2000, Rogers and Jeremy Wirth co-founded Labor Day Creatives of Natick, a design firm that creates annual reports, branding, advertising, direct mail, trade shows, packaging and Web design for its client firms.

“He had many roles that channeled his positive energy into making our world a better place,” said Grant. “We are profoundly heartbroken, and we will dearly miss Brian and all the good that he brought to our world.”

He is survived by his wife, Nancy H. (Hall) Rogers, and their son, Justin A. Rogers, both of Belmont. Rogers is the son of Charles Rogers of Marlborough and the late Mary (Connors) Rogers; brother of Charles Rogers of Norristown Penn., Jay Rogers of Wayland, Jon Rogers of Hopkinton and the late Clare Matthews; and uncle of Mark Matthews, Daphne Remarcke, Christopher, Andrew, Megan, Tia, and Grace Rogers.

Visiting hours will be at the Stanton Funeral Home, 786 Mt. Auburn St. in Watertown, on Tuesday, Oct. 9, 2018, from 4 p.m. to 8 p.m. The funeral will begin from the Stanton Funeral Home on Wednesday, Oct. 10, 2018, at 9 a.m. A Funeral Mass will be celebrated in the Church of St. Luke, 132 Lexington St., Belmont at 10 a.m. Burial will be private.

Instead of flowers, contributions in Brian’s memory would be appreciated to:

  • The Brendan Grant Foundation, P.O. Box 184, Belmont, MA 02478-0184 or
  • the Boston Bulldogs Running Club, P.O. Box 470558, Brookline, MA, 02447-0558

[VIDEO] Smoky Fire In Belmont Center Damages Stores, Studio, Residence

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Photo: Firefighters battling a two-alarm fire in Belmont Center.

A two-alarm fire damaged a number of businesses, a yoga studio and a residence in the heart of Belmont Center just after 1 p.m. Monday, Sept. 24.

According to Belmont Fire Chief David Frizzell the smoky blaze started in a nail salon in the basement of the building occupied by Leon and Co. hair salon on Leonard Street. The fire quickly moved up the walls of the building which was renovated a number of times over the years. The fire reached the top floor of the bodytrio studio at the corner of Alexander Avenue. Fire crews from Belmont and Cambridge fought the stubborn smoke and fire inside the walls.

Most of the damage to the structure was limited to water and smoke, said Frizzell.

Driver Charged in Fatal Pedestrian/Vehicle Crash In Belmont

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Photo: Sachi Thanawala.

Middlesex District Attorney Marian Ryan and Belmont Police Chief Richard McLaughlin announced today, Friday, Sept. 21, that Raymond O’Brien, 45, of Medford has been charged with unlicensed operation of a motor vehicle in connection with an August 28, fatal collision in Belmont that took the life of Belmont resident Sachi Thanawala.

Based on the preliminary investigation it was determined that the defendant was not in possession of a valid driver’s license and subsequently not permitted to operate a motor vehicle. The defendant had previously been licensed to operate in Massachusetts; however, that license had expired in 2004.

This charge is an allegation and the defendant is presumed innocent until proven guilty, according to the DA’s office.

On Aug. 28, at approximately 8:25 a.m., Belmont Police responded to a report of a motor vehicle crash involving a pedestrian at the intersection of Lexington and Sycamore streets. Upon arrival, authorities located Thanawala, 39, of Sycamore Street, who had sustained serious injuries. Thanawala was transported to Beth Israel Deaconess Medical Center where she died on Aug. 30. O’Brien, who was operating the vehicle, a 2015 Ford Transit Van, remained on scene.

Through their investigation authorities learned that the decedent was crossing the street at the intersection when the defendant allegedly turned left striking her.

This is an ongoing investigation being conducted by the Middlesex District Attorney’s Office, the Belmont Police Department and the Massachusetts State Police Collision Analysis and Reconstruction Section. The prosecutor assigned to this case is Assistant District Attorney Taylor Makson. 

DA IDs Belmont Resident Killed In Watertown Square Pedestrian/Tow Truck Accident

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Photo: Location in Watertown of the accident that took the life of a Sycamore Street resident.

The Middlesex District Attorney’s Office has identified a Belmont resident as the person killed when a tow truck ran her down just outside Watertown Square on Wednesday, Sept. 19.

Benita Horner, 68, of Sycamore Street was pronounced dead at the intersection of Galen and Nonantum streets after Watertown Police responded to a reported road rage incident around 11:20 a.m, said the office of Middlesex DA Marian Ryan.

Horner, who moved to Belmont from Quincy in 2010, listed her occupation as a cashier in the town’s 2018 census. 

She is the second Sycamore Street resident to have died in a vehicle-pedestrian accident. Less than a month ago, Sachi Thanawala, 39, was killed after being hit by a commercial van at the intersection of Lexington and Sycamore streets in Belmont.

Horner’s son, Philip Horner, 38, was arrested at the scene after attacking the tow truck driver, Thomas P. Fogerty, 60, of Quincy, stabbing him five times. The driver is hospitalized in critical condition.

Horner, which press reports said lived in Belmont with his mother, was charged today, Thursday, Sept. 20 in Waltham District Court with armed assault with intent to murder, according to the county DA. He is undergoing a 20-day psychological evaluation at a secure facility.

Resident Dies Of Injuries After Pedestrian/Vehicle Accident

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Photo: Sachi Thanawala (Belmont Manor website)

A 39-year-old Sycamore Street resident who was struck by a van and injured Tuesday walking in a crosswalk a few feet from her house died Thursday, August 30, according to official reports released on Friday.

Sachi Thanawala, 39, died at Beth Israel Deaconess Medical Center in Boston, where he was taken after being hit by a 2015 Ford Transit commercial van at the intersection of Lexington and Sycamore street at approximately 8:25 a.m.

The mother of two, Thanawala was the Director of Rehabilitation at Belmont Manor since March of 2016. She was an occupational therapist with 12 years of clinical and management experience in Geriatric care, according to Belmont Manor, a nursing and rehabilitation home located on Agassiz Avenue, a few blocks from the accident scene.

The driver of the van has not been charged with any traffic violation or crime in connection with the incident. An investigation by Belmont and State Police is ongoing. Belmont Police said there was no sign of driver impairment at the time of the accident.

Breaking: Woman ‘Seriously Injured’ Hit In Crosswalk At Sycamore and Lexington

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Photo: Police at the scene of a pedestrian/vehicle accident in Belmont, Tuesday, Aug. 28.

An unidentified middle-aged woman was critically injured after being struck by a light commercial van while in the crosswalk at the intersection of Sycamore and Lexington streets Tuesday morning, Aug. 28.

The accident took place at approximately 8:30 a.m. when a late-model white Ford Transit operated by a man struck the woman mid-way into the crossing located in the Waverley neighborhood. Belmont Fire and Police responded quickly to the scene.

Police closed off Sycamore and Lexington for several hours after the accident. A pair of brown shoes, a metallic water bottle, a scarf along with what looked like food was still at the scene by late morning.  

It is not known if the woman is a Belmont resident. 

Some eyewitnesses reported that a small child was with the woman but that could not be confirmed by authorities. 

“All we know now is that she is in critical condition,” said Belmont Police Sgt. Ben Mailhot, adding she was taken to a “local” hospital. 

Mailhot added that there was no sign of driver impairment. He could not say why the accident occurred on a sunny, clear day during the end of the morning commute. 

“There is an on-scene investigation with [Belmont] and State Police at this time. 

Nearby residents contend the street is not as safe as it could be, even after the intersection was raised to slow vehicles along Lexington. 

CHAMPS AGAIN: Belmont Girls’ Rugby Repeat As State Champions Defeating Lincoln Sudbury

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Photo: Senior Jess Rosenstein raise the state championship trophy.

Belmont High Girls’ Rugby Head Coach Kate McCabe huddled with her team just before the beginning of the second half of the state championship finals against Lincoln Sudbury Regional. Trailing 10-8, Belmont had been outplayed by the Warriors for long stretches of the match held at Newton South High School.

“Right now Lincoln Sudbury wants this game,” she told the team, looking at each player as she spoke. “I want you to want this game more. I want you to want to win this game,” said McCabe, imploring her squad to win each encounter on the field both as individuals and as a team. Now’s the time, she told them, to have the desire to win a state title.

And the Marauders responded with a dominating hard-fought second half punctuated with a pair of inspired trys by junior flyhalf Gabriella “Gabby” Viale – adding to her first-half strike – to defeat Lincoln-Sudbury, 20-10, to repeat as MIAA Division 1 state girls’ rugby champions.

“I can’t say enough about this team. They rose to the occasion when [the game] was on the line,” said McCabe after celebrating with her team with the state tournament trophy.

“I can’t describe it,” said team captain senior scrumhalf Jess Rosenstein who accepted the state championship trophy with fellow senior center Kiera Booth. “It’s great,” she said, pointing out the victory was due to a true team effort. “It’s all our[s] [championship].”

Top seed Belmont (8-0) won the two regular-season games against second-ranked Lincoln Sudbury (5-3) by five (17-12) and two points (14-12) in physical contests and the championship match played in sporadic sprinkles under overcast skies was just as rough and tumble as the previous matches. And it was the Warriors that took the game to the Marauders, keeping control of the ball while threatening to break runs from the back.

When Belmont did have the ball, it was losing possession in the ruck – when a player must release the ball after being tackled – as the Warriors moved the Marauders off the ball. 

“That was a sticking point which we had worked on so we knew that was going to happen,” said McCabe. “LS really pressured us on our first pass from the ruck and scrum and that took away our options.” 

Lincoln Sudbury struck first when junior center Shelley Zuckerman romped around Belmont’s right end to score the first of her two tries in the half to give the Warriors a 5-0 lead. 

Belmont responded on a flukish play as the Marauders’ drove the ball within 10 meters to the goal when a quick stoppage had both teams suddenly stop play. The only player to realize that the ball was free was Viale to picked it up and ran to try. The conversion attempt from an acute angle by junior lock Johanna Matulonis was missed to leave the game level at 5-5.

“I had these opportunities. I saw it and I had to go,” said Viale who has scored in consecutive championship games.

Belmont took a lead on Matunlonis’ penalty kick from nearly 22 meters with the wind to her back. That lead was shortlived as Zuckerman scored her second from 20 meters out to give the Warriors a 10-8 lead into the half. 

The Warriors came out of the half on fire as it quickly drove the ball to the Belmont 10 meters and then nearly scored on a solo run after a Marauder defensive kick, but for a last-gasp stop by junior fullback Clare Martin.

“Clare Martin was making amazing tackles all game, some were try-saving tackles,” said McCabe.

But once it weathered the assault, Belmont put its stamp on the game, retaining control and drove to the Warrior’s try line. Belmont came close to scoring, once losing the ruck within 5 meters to the line and once crossing the try line but did not touch the ball to the ground. The Marauders kept control in the Warriors’ end despite junior lock Sam Dignan being sent for 10 minutes to the “sin bin” with a yellow card. Both teams would soon be playing 14 aside when a Warrior was sent off with her own yellow.

The constant pressure Belmont placed on Lincoln Sudbury by running straight at its front line by junior 8-man Grace Christensen, Matulonis and sophomore prop Madeline Mulken finally gave Belmont open space along the flanks and Viale capitalized by taking a final pass down the right side to outpace the Warrior defenders to sweep 20 meters into try midway in the half. Matulonis’s successful conversion gave Belmont a 15-10 lead. 

The remainder of the half saw a tiring Warrior team unable to break Belmont’s defense, only passing the half line once in the final 18 minutes. Belmont once again drove into the offensive zone, keeping possession for a majority of the last minutes. After a penalty on the Warriors 25 meters from the try line, Viale quickly restarted play with a “tap-and-go” and ran by the Lincoln Sudbury defenders for her final try giving Belmont an insurmountable 20-10 margin with less than four minutes to play.

“I couldn’t have done it without the work of my teammates,” said Viale.

“Lincoln Sudbury was phenomenal today. At times we lost our focus that potentially could have changed the entire game,” said McCabe. “But at halftime, I asked them to make a difference in the game. It was that desire, the willingness to own how each of them played which made the difference.”