NewburyportNews.com, Newburyport, MA

August 9, 2011

Business briefs


The Provident Bank earns 5-Star rating

The Provident Bank has earned a top 5-star rating from BauerFinancial Inc., the nation's bank rating firm. The 5-star rating demonstrates The Provident Bank's solid performance at a time when many banks are struggling with the difficult economic climate and increasing industry regulations. The quarterly ratings were announced in June and are based on March 31 financial data. BauerFinancial is the source for unbiased, independent bank and credit union star-ratings. Using quarterly financial reports filed with federal regulators, it thoroughly analyzes and compares all U.S. bank and credit union current and historical performance data. Upon completion of the analysis, a star-rating is assigned based on a scale of zero to five stars, with five stars being the strongest. Since 1983, BauerFinancial has been analyzing and reporting on the financial condition of the nation's banking industry, providing the public with the knowledge they need to make informed decisions regarding their banking relationships. The Provident Bank is a mutually owned, independent community bank established in 1828 and based in Amesbury, with full-service locations in Amesbury and Newburyport, Exeter, Hampton, Portsmouth and Seabrook.

Interior landscaping firm launches interactive 'green' website

Susan's Interior Plantscaping Inc., a full-service interior landscaping company, has launched their new customer-focused, interactive website. The site, www.plantwerks.com., is designed in direct response to SIP's research into their customers' needs. The site launch coincides with the introduction of their new Living Walls Systems, which provide beautiful backdrops for special events, weddings, trade shows, photo taking and more. Plantwerks.com is designed to help educate the public on the benefits of green plants in the home and work environment. For more information, contact Susan's Interior Plantscaping Inc., 102 Bridge Road, Salisbury, at 978-462-4126 or email at SIP@plantwerks.com or visit their website at http://www.plantwerks.com.

Newburyport Bank donates to community

Newburyport Five Cents Savings Bank and the bank's Charitable Foundation recently announced that they have donated more than $231,000 to many community organizations in the area during the first six months of 2011. More than 126 area nonprofit organizations received support from the bank and its charitable foundation.

"Community responsibility is something we take to heart. Giving back reinforces the values we live and work by every day here at the Newburyport Five Cents Savings Bank," said Janice C. Morse, bank president and CEO. "Helping to shape our neighborhoods through community giving and collaborative efforts helps to keep the Greater Newburyport area healthy and vibrant."

Newburyport Five Cents Savings Bank is a growing community bank, with six locations in the region. In 2003, the bank established the nonprofit charitable foundation to further carry out the bank's long history of community involvement and civic leadership. Visit www.newburyportbank.com for more.

Amesbury man joins design firm

Sid Silveira of Amesbury has joined DMS Design LLC of Beverly as project manager. Silveira has more than 15 years of residential and commercial architectural experience, including additions to high-end homes, large multi-family housing, assisted-living facilities and continuing care retirement communities. His experience also includes varying types of projects such as retail buildings, day care centers and health care facilities. Silveira received his Bachelor of Science in architecture from Wentworth Institute of Technology in Boston. DMS Design LLC produces thoughtfully designed renovation and addition projects, custom homes and multifamily housing projects.

Chase & Lunt appoints two to positions

Chase & Lunt Insurance in Newburyport has expanded its personal lines department.

Nicole Boggoch of Amesbury has joined the agency's team of seven agents in its 12-person personal lines department. She was formerly regional manager at a large national carrier with five years of experience.

Ashley Whalen of Newbury has been promoted to sales account executive. She has been with Chase & Lunt for two years and has also previously worked for a large national carrier.

For more, call 978-462-4434 or visit www.chaseandlunt.com.

Local ties for women's commission leader

Victoria A. Budson, the daughter-in-law of George McQuilken of Amesbury, has been elected to serve as chairwoman of the Massachusetts Commission on the Status of Women. Budson, of Wellesley, the founder and executive director of Harvard Kennedy School's Women and Public Policy Program, was appointed to the commission by Gov. Deval Patrick last year. The commission is an independent state agency created in 1998 to advance women of the commonwealth to full equality in all areas of life and to promote their rights and opportunities. It is comprised of 19 members who are appointed by the governor, Senate president, speaker of the House of Representatives and the Caucus of Women Legislators.

Forum on how to effectively network

Charlene St. Jean, of Purple Diamond, will speak about how to effectively network at the North Shore Business Forum on August 26, at 7:30 a.m., at Danversport Yacht Club, Rt. 62 East, Danvers, MA. The $10 admission fee includes a continental breakfast and pre-registration is not required. For more information visit their web site at www.nsbforum.org.

• • •

We want to publish news about your business — new contracts, new hires, promotions and events that are open to the public — on the pages of BizNorth. Send a brief notice with the basics. Please be clear about the person's connection to the region. Include the name and phone number of someone we can call if we have any questions. Send your news by mail to BizNorth, The Daily News, 23 Liberty St., Newburyport, MA 01950; fax to 978-465-8505; email ndn@newburyportnews.com, or call 978-462-6666.