MNB About the Bank

Bank History
1825 Through the efforts and influence of a number of prominent citizens The Millbury Bank was established. The Massachusetts Legislature approved the act in June of 1825. Asa Waters II was chosen as the first president and a banking room was established in the Farnsworth Block, located on Elm Street in Millbury. 1864 The Millbury Bank changed to the Millbury National Bank in November of l864. The sound judgment and business savy of the officers and directors soon put Millbury National Bank among the foremost banking institutions in the state. 1881 The bank was moved to the Millbury Savings Bank Building across the street from the Farnsworth building occupying one side of the bank room. 1913 The Statement of Condition showed that the bank continued to be a sound financial institution, which stood among the best in the state. 1924 Millbury National Bank moved to its new quarters at 18 Main Street. Two additions have been made since then to handle the expanding operation. 1995 The bank opened a branch at 215 Grafton Street in North Grafton in December of 1995. Today Millbury National Bank continues to grow and serve the Blackstone Community. We have been helping business grow and prosper in the Valley for the last 175 years.
back to top

Bank Directors
O. David Matson	Third Generation Director
Roger M. Corey	First Generation Director Previous Bank President
Lincoln H. Bordeaux	First Generation Director
Stuart D. Mulhane	Second Generation Director
Richard E. Osborn	First Generation Director Previous Bank President
Kathleen C. Marcum	Third Generation Director Current Bank President
David M. Matson DMD	Fourth Generation Director
back to top

Customer Testimonials
Vaillancourt Folk Art A kind word from Gary Vaillancourt of Vaillancourt Folk Art. "In today's fast paced banking world, bank mergers and multinational banking is the norm. With this comes the lack of personal service and the inability of a business to develop a long term banking relationship with any one bank officer. The long term implications to a small business in this environment can be rather precarious." "Millbury National Bank for over 175 years has provided the type of consistency that small to mid-size business have needed over the years. Run by a third generation president, The National Bank has balanced their exceptional personal service while providing 21st century services. The full arsenal of banking tools that the National Bank provides is as comprehensive as most large banks, yet with a staff that can actually explain and execute these services for all of their customers."
George Summers Trucking A Millbury National Bank customer since 1956. George says, "Good credit is like money in the bank.". In 1956, he went to Mr. Riley at Millbury National Bank and that credit relationship continues today. "Over the years there have been a few new faces but still the same courteous and friendly service." "I like to kid around. When people ask if I have any partners in business I tell them YES, me and the Millbury National Bank."
back to top

Bank History