East Cambridge Savings Bank Opens In Malden

MALDEN, MA — Malden welcomed East Cambridge Savings Bank to 98 Pleasant St. with a ribbon cutting ceremony and grand opening celebration this month. It is the bank's 11th full-service banking center and first in the city of Malden.

"Establishing a presence in the City of Malden has long been of interest to us," said Cambridge Savings Bank Gilda Nogueira said in a statement. "We already serve a sizable number of residents and businesses in this community and we are looking forward to making new and meaningful partnerships with the people and organizations that make Malden a special place to live, work, and raise a family." With locations in nearby Medford and Chelsea, Malden is a natural extension of the Bank’s presence in the area.

The bank announced donations to Malden-based nonprofits Bread of Life and Triangle, Inc. at the ribbon cutting ceremony.

Bread of Life brings together people of all faiths and backgrounds with the common goal of providing food for the needy and addressing the root causes of hunger and poverty.

Triangle, Inc., founded in 1971, provides services and support to people with physical and developmental disabilities. Throughout its history in Malden, Triangle has been a leader in disability advocacy and connects their clients to job training, education, and supportive living arrangements so they can lead more fulfilling lives.

Johnny Long, an employee at another Malden bank, will serve as the manager of the new location. He is joined by senior service associates Sang Nguyen and Luis Castillo-Ruiz, who have ties to the Malden community.

The bank is located in the former Malden Trust Company building. It will be open Monday-Thursday, 8:30 a.m.-5 p.m., Friday from 8:30 a.m.-6 p.m. and on Saturday 9 a.m.-1 p.m. Customer parking and a 24-hour ATM are also available.