Western New England Bancorp Inc

Western New England Bancorp Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts including interest-bearing and noninterest-bearing checking commercial checking business nonprofit and municipal checking savings money market and sweep individual retirement and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts. It also offers residential real estate loans including first mortgages home equity loans and home equity lines and secured by one-to-four family residential properties; commercial and industrial loans such as letters of credit revolving lines of credit working capital equipment financing and term loans; commercial mortgage loans; construction and land development loans; home equity loans comprising home equity revolving loans and lines of credit; and consumer loans including automobile spa and pool collateral and personal lines of credit. In addition the company provides automated teller machine (ATM) telephone and online banking remote deposit capture cash management overdraft and safe deposit facility and night deposit services. The company was formerly known as Westfield Financial Inc. and changed its name to Western New England Bancorp Inc. in October 2016. Western New England Bancorp Inc. was founded in 1853 and is headquartered in Westfield Massachusetts.