News: Owners Developers & Managers

North Easton Savings Bank breaks ground on new Plymouth branch at 3 Commerce Way

Shown (from left) are: Edward Joubert, chairman of the board; Rich Spencer, president and CEO;
and Aileen Zec, executive vice president and chief operations officer.

Plymouth, MA North Easton Savings Bank (NESB) held a groundbreaking ceremony on Tuesday, May 16th at the site of its new branch at 3 Commerce Way in the Cranberry Crescent Plaza.

As the town’s community bank, NESB is building this new full-service branch to mirror the growing population and related financial needs of the town. The bank’s current branch at 2 Pilgrim Way will be replaced by the new location when it is opened in early 2024.

Rich Spencer, NESB’s president and CEO, opened the groundbreaking ceremony by welcoming and thanking those in attendance, which included town officials, area business leaders, and members of the bank’s board. In Spencer’s address, he highlighted the bank’s commitment to local investment and supporting all members of the local community.

Amy Naples, executive director of the Plymouth Area Chamber of Commerce, also spoke to the crowd. She touched upon the positive impact the bank is having locally, but also spent time highlighting the difference the bank’s employees have made through their volunteerism as well as direct philanthropy.

Designed to be a premium alternative to the big-banks, NESB has recently been named a Best-in-State Bank by Forbes, #1 Top Places to Work MA 2022, and #1 Top Workplaces USA 2023. The bank anticipates the full-service modern banking facility to open near the end of the first quarter 2024.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant