The bank will lease roughly half of the 40,000 square-foot facility to corner of Needham and Christina Streets, bringing together all of its non-retail staff, including the bank’s loan center, under one roof.
320 Needham Street is owned by an affiliate of The Bulfinch Companies, Inc., which operates several N-Squared properties.
“We’re excited to expand our presence in this vibrant area in the City of Newton, which has been our home base for more than a century,” said Joseph A.
De Vito, the bank’s president and CEO. “Our new facility will help us increase efficiency, collaboration and enhance our efforts to provide the best
possible service to our valued customers.”
Slated to open by the end of 2019, the new corporate office will house approximately 80 employees. The Bank’s branch locations will remain unchanged.
The Village Bank, chartered by the state in 1910, has seven full-service offices in Newton and Wayland and a Village Loan Center in Auburndale.