Dean Bank – Pulaski Boulevard, Bellingham

Specialties

At Dean Bank, a mutual community bank, we strive to provide real solutions to solve your everyday financial problems. Our team of problem solvers work hard to provide products and services that meet all your financial needs, delivered with a level of customer service that’s not commonly found today at other banks.

History

Established in 1889.

Dean Co-​operative Bank was chartered as a Massachusetts Cooperative Bank on June 15, 1889 by a group of 51 local citizens who saw a need for a new bank in Franklin. Ten of these citizens were elected as directors of the new mutual bank and, because there were no investors or stockholders, they were charged with making business decisions based solely on the needs of their constituents — the depositors.

The new Bank was located on the second floor of the «Farber Building» at the corner of Main Street and Dean Avenue, the site of the Bank’s main office today. The entrance was actually located on Dean Avenue, the origin of the name of the Bank.

After 61 years the Bank reached its first million dollars in assets. The strains of its growth led to the need for new quarters. In 1949 the Bank moved across Main Street to the building where Vallee Jewelers is currently located. The move from the second floor location to a free standing downtown building resulted in greater visibility.