Western New England Bancorp, Inc.

Western New England Bancorp, Inc. is a holding company for Westfield Bank, which offers commercial and retail banking products and services to individuals and businesses. The company provides a range of deposit products, including commercial, small business, nonprofit, and municipal checking accounts, money market accounts, sweep accounts, time deposits, interest-bearing and noninterest-bearing checking accounts, individual retirement accounts, and certificates of deposit. It also originates and funds various loans, such as commercial and residential real estate loans (including first mortgages, home equity loans, and home equity lines secured by one-to-four family residential properties), home equity revolving loans and lines of credit, and consumer loans (including automobile, spa and pool, collateral, and personal lines of credit). Additionally, the company offers commercial and industrial loans, which include letters of credit, revolving lines of credit, working capital, equipment financing, and term loans, as well as construction and land development loans. Western New England Bancorp, Inc. also provides ATM, telephone and online banking, remote deposit capture, cash management, overdraft and safe deposit facility, and night deposit services. The company was founded in 1853 and is headquartered in Westfield, Massachusetts. It changed its name from Westfield Financial, Inc. to Western New England Bancorp, Inc. in October 2016.