Belmont Savings’ Net Income Shots Up 61% in ’15; Assets Reach $1.8B

Photo: One of Belmont Savings’ supermarket bank branches. BSB Bancorp, the holding company for state-chartered Belmont Savings Bank reported Thursday net income for the year ending Dec. 31, 2015 rose to $6.9 million, compared to 2014’s $4.3 million, an increase of 61 percent. “Through strong organic growth and expense control, we have achieved 10 consecutive quarters […]

See the Conquering Hero: Pizzi’s Parade Through Belmont Thursday

Photo: Becca Pizzi. Welcome home, Becca. The first American woman to both complete and win the World Marathon Challenge – which consists of running seven marathons on seven continents in seven days – Becca Pizzi will be feted with her very own parade and celebration in her Belmont hometown on Thursday, Feb. 4 from 3:30 […]

On Sunday, Pizzi Starts Her Adventure of a Lifetime … All In One Week

Photo: Becca Pizzi with Belmont Saving’s CEO Bob Mahoney. Just reading about Becca Pizzi’s typical day for the past year is exhausting. The 35-year-old lifelong Belmont resident gets up before the sun comes up to run more miles in one morning than most people do in a week, gets her daughter ready for school, manages […]

Belmont Savings Sending Pizzi Off On Her World Marathon Challenge Thursday

Photo: Becca Pizzi. Belmont Savings Bank is sponsoring a “meet and greet” with Belmont resident Becca Pizzi, who is on track to make history as the first American woman to complete the World Marathon Challenge, which will have her running seven marathons on seven continents in seven days. The public send-off will be held Thursday, […]

Santa and the Mrs Turns on the Lights in Belmont

Photo: Someone wants mom more than Santa. Before taking part in the 25th Annual Turn on the Town on Thursday, Dec. 3, Mr. and Mrs. Claus were seen looking at hockey equipment in the basement of Champions Sporting Goods on Leonard Street. “Doing a little holiday shopping,” said Santa. I guess there are no elves […]

‘Turn On The Town’ Celebrates A Quarter Century of Lights and Santa

Photo: Don’t be shy; say hello to Santa at the Belmont Savings Bank. Santa and Mrs. Claus are visiting Belmont Center tonight as the main attraction of the 25th annual Belmont Center Business Association’s “Turn on the Town” celebration taking place Thursday, Dec. 3 beginning at 6 p.m. The Claus’ will arrive via Belmont Fire Department truck to the town’s […]

Deposit Growth Drives Belmont Savings to Record Quarter, Asset Size

Photo: Belmont Savings Bank.  Belmont Savings Bank, the town’s largest business, delivered another record financial quarter, driven by increased deposits and earnings tied to loans. In both deposit and asset growth, Belmont Savings is among the fastest growing banks in the state and among its peers. As of Sept. 30, total assets at Belmont Savings […]

After Five Years, Mahoney’s Goal for Belmont Savings to be State’s Most Admired Bank

Photo: Robert Mahoney with Anne Paulsen at the opening of the Underwood Pool in August. When asked what Belmont residents should know about Robert Mahoney, the CEO and president of Belmont Savings Bank said that “I’m 67 years old, and I don’t do anything I don’t like any more.”  If there is one thing the […]

Belmont Savings’ Mahoney Leading Boston Catholics to See Pope in Cuba

Photo: When Pope Francis visits Cuba in mid-September, there to greet him will be Belmont Savings Bank CEO Bob Mahoney with a group of approximately 135 Catholics from the Archdiocese of Boston. “It should be just an amazing experience,” said Mahoney, Belmont Savings’ president and chief executive officer in an interview with the Boston Pilot.  Mahoney, a […]

Belmont Savings Surpasses $1.5 Billion in Assets

Photo: Belmont Savings Bank. Business in Belmont is good, according to the latest financial filing from the parent company of Belmont Savings Bank. According to second quarter data released on Thursday, July 23, BSB Bancorp, Inc., saw assets under management pass the $1.5 billion threshold as year-to-date earnings increasing by nearly 75 percent. By June 30,  total assets were $1.55 billion, […]