News & Alerts

2024 Coastal Cares

In 2024 Coastal Heritage Bank donated over $115K to 116 schools, non-profits, community groups, special events and institutions.

Animal Protection Center of SE MA
ARC of the South Shore
BCNC Quincy
Boston Higashi School
Boys & Girls Club of Plymouth
Brant Rock Village Assoc.
Central Middle School
Choral Arts Society
Church Hill Festival
COMPASS
East Bridgewater Little League
East Weymouth Congregational
EB Police & Fire
Friends of Marshfield Hockey
Friendship Home
Glastonbury Abbey
Habitat for Humanity Plymouth
Hanover High Scholarship
Hingham 4th of July Road Race
Hingham High Scholarship
Hingham Nursery School
Hingham Public Library
Holbrook Little League
Hull Lifesaving Museum
Inly School
James Library
Jett Foundation
Kingston Scholarship
Lincoln Hancock School
Lucas John Foundation
MA Audubon
Makayla Fund
Manet Community Health
Manomet
Marshfield Chamber of Commerce
Marshfield Community Christmas
Marshfield Ed. Foundation
Marshfield Fair
Marshfield Girls Youth Lacrosse
Marshfield High DECA
Marshfield High Grad Nite Live
Marshfield High Scholarship
Marshfield Youth Football
Massasoit Community College Foundation
MCRCO
Me Tanner B Memorial
My Brother’s Keeper
N. Quincy HS Drama Club
Norwell High Class of 2019
Norwell High Scholarship
Norwell Historical Society
Norwell Little League
Norwell Recreation
NSRWA
NVNA
Onset VFW
Piccarini Scholarship Fund
Pingree Elementary School
Plymouth Area Coalition for the Homeless
Project Trinite
Quincy CFL Fair
Quincy Friends of Scouting
Quincy High Scholarship
Quincy Rotary Club
Quincy Schools Community Partnership
Recovered Souls Foundation
Road to Responsibility
Rotary Club of Plymouth
Scituate Arts Association
Scituate Chamber Heritage Days
Scituate Community Christmas
Scituate Food Pantry
Scituate High All Night Party
Scituate High Scholarship
Scituate High School Yearbook
Scituate Hockey Boosters
Scituate Little League
Scituate Rotary
Scituate St. Patrick’s Day Parade
South Shore Arts Center
South Shore Children’s Chorus
South Shore Food Bank
South Shore Health Foundation
South Shore Peer Recovery
South Shore Stars
South Shore Support Services
South Shore YMCA
SSCC
SSCPS
St. Francis Xavier
St. Labre School
St. Mary of the Nativity
The Molly Fund
Town of Weymouth Summer Fest
Weymouth Cal Ripken Baseball
Weymouth Firefighters
Weymouth High Scholarship
Weymouth High Theatre Program
Weymouth Holiday Fundraiser
Weymouth JBL
Weymouth Libraries Foundation
Weymouth Pumpkin Giveaway
Weymouth Rotary Club
Weymouth Youth Soccer
Weymouth/Braintree Elks
WHS Girls Rugby Boosters

Contributions in Bold are Regional Contributions

Good to Know Before You Apply for a Loan

What is a Trigger Lead? And How to Opt Out.
Have you observed a spike in phone calls from lenders or insurance companies after recently applying for a mortgage loan or car loan? It can feel like an intrusion of privacy, particularly when you’re in the midst of the loan process. Unfortunately, certain entities, such as lenders, credit card companies, and insurance providers, acquire your data from third parties, turning you into what is referred to as a “trigger lead.” If you wish to avoid being bombarded with unwanted offers, follow the steps below to safeguard yourself going forward. Please be assured, at Coastal Heritage Bank we prioritize the protection of your information and NEVER sell your information to third parties.

What is a Trigger Lead?
Upon submitting a loan application, your lender retrieves your credit report, which subsequently acts as a “trigger” for other lenders and companies seeking new customers. These companies acquire these triggers from the major credit bureaus, such as Equifax, Experian, and TransUnion. Their objective is to promote their own offerings, entice you to choose their services over competitors and secure your business for themselves.

Can you opt out of trigger leads?
While triggers leads may be perceived as unethical by some and it is widely acknowledged that they can be annoying. Despite their intrusive nature, it is important to know they are legal and according to the Federal Trade Commission (FTC) and Consumer Finance Protection Bureau (CFPB), they are used to encourage competition among lenders and other companies. Although it is not possible to completely halt trigger leads, you can adopt a proactive approach and opt out before you start receiving unwelcomed communications.

To prevent the credit bureaus from selling your information as a trigger lead, visit OptOutPreScreen.com and register. The registration process typically takes around five days to complete and will only affect future lead requests, meaning you may still receive some solicitations.

For the elimination of unwanted phone calls, you can register your phone number(s) on the Do Not Call Registry. We recommend initiating this process at least one month before applying for a loan since it can take a few weeks to become effective.
It is important to note that these solicitors do not have access to Personally Identifiable Information (PII). The information they receive from the credit bureaus only indicates that there has been a recent credit inquiry, enabling them to compete for your business.

At Coastal Heritage Bank we value your privacy. We DO NOT SELL customer information to third parties. When you apply for a loan, we request private financial and personal information from you. We value the trust you have placed in us and maintain the utmost confidentiality and accuracy of that information. Our dedicated team at Coastal Heritage Bank is readily available to address any questions or concerns regarding this matter. We are committed to providing you with the guidance and support you need.

Joanne Pompeo named Vice Chair of the Bank

Coastal Heritage Bank officially announces that Joanne Pompeo has been named Vice Chair of the Bank and its subsidiaries effective July 1, 2023.

Ms. Pompeo will serve as Vice Chair for Equitable Bancorp, MHC and Equitable Bancorp, Inc., which are holding companies for the Bank.

Ms. Pompeo also serves on several Bank committees including: Corporate Governance Committee; CRA Committee; Executive Committee; Human Resources/Personnel/Compensation Committee; NDIP Committee; Security (Loan & Investment) Committee; and the Strategy Committee.

Ms. Pompeo assumes the role of Vice Chair from Robert Haley, a long-serving member of the Board who passed away in February of 2023.

Chairman/Chief Executive Officer of the Bank, Robert W. Terravecchia, Jr., commented that, “We are fortunate to have a Vice Chair with the depth of knowledge of Joanne and someone who has steadfastly supported the long-term vision and mission of the Bank for many, many years.”‌

Ms. Pompeo is a resident of Hull, MA, and has been a member of the Board of Directors since 1987. She is a graduate of UMASS Amherst. She is presently employed at William Raveis Real Estate in Hingham. Her professional affiliations include National Association of Realtors, Mass Association of Realtors, and South Shore REALTORS®. She also serves as a Member of the Board of Trustees for South Shore Health Systems Foundation.

Congratulations to the 2023 Coastal Heritage Bank Scholarship recipients!

Very pleased to recognize the exceptional academic performance of some of the brightest students on the South Shore by presenting our 2023 Coastal Heritage Bank Scholarships to eight of the area’s best students!

(left to right) Morgan Ceurvels, Hanover High School; Matthew Minich, Scituate High School; Bob Terravecchia, Chairman/CEO Coastal Heritage Bank; Sean Wall, Marshfield High School; Sonny Le, Quincy High School. Not pictured: Nicholas Neary, Weymouth High School; Holden MacAvoy, Norwell High School; Benjamin Rakauskas, Hingham High School; Rileigh Hunt, Silver Lake Regional High School.

The Coastal Heritage Bank Scholarships are presented annually to a graduating senior planning on continuing her/his education at an accredited institution of higher learning.
Preference is given to students pursuing a degree in Business, Management, Finance, Accounting, Economics or Information Technology.

The following criteria are taken in consideration when awarding the scholarships: financial need, academic performance and citizenship/volunteer activities.

Thank You, Coastal Crew!

At Coastal Heritage Bank, giving back to our local communities is integral to who we are and what we do.

Thank you to our Coastal Heritage Bank employees who serve as members of our Coastal Crew for stopping by the Neighbor Works Veterans home in Marshfield to spruce up the grounds for its residents. Neighbor Works provides affordable housing solutions and opportunities for individuals and families in need, including veterans, people with disabilities, and those without homes.

We are grateful that we are able to help out and give back in any way that we can. Thank you to the employees at Coastal Heritage Bank for volunteering your time with Neighbor Works and taking part in Coastal Cares!

Thank you to our Coastal Cleanup Crew!

At Coastal Heritage Bank, we prioritize helping others and giving back to our local communities.

We are proud of the work our Coastal Crew accomplished in cleaning up Peggotty Beach on April 15th! Our team, comprised of Coastal Heritage Bank employees, made quick work of removing nearly half a ton of plastic, wood, broken lobster pots, rubber mats, and more from the beach premises.

We cannot thank our staff enough for participating in the beach cleanup, on a weekend no less, and for supporting the Coastal Cares cause.

Stay tuned for our new website!

Coastal Heritage Bank is excited to be launching our new website for mobile and desktop, which will revolutionize your banking experience!

This new design retains all of the same features you know and love, but with an updated, modernized look and feel that will make online banking easier than ever before.

Updates include:

Intuitive and responsive design
Rates highlighted our homepage
Easy navigation on the left hand side
Educational banking tools and videos

Be Aware – Mail Box Fishing

In a continuing effort to keep you, your accounts and your personal, private information safe and secure we want to alert you to a growing fraudulent activity known as Mailbox Fishing.

Mailbox Fishing is an activity conducted by criminals who use a collection of glue and/or glue traps and string to “fish” into US Post Office Mailboxes in an effort to pull letters and corresponding checks out of the mailbox. Once a check is retrieved it is “washed” or altered to change the payees name and often times the amount. The checks are then deposited via an ATM or remotely to evade detection.

Protect Yourself
You can protect yourself by:

Paying your bills online or through automatic payments.
If you need to mail a check drop it off inside the Post Office.
If you use a mailbox make sure it is one of the newer boxes which feature a smaller mail slot and anti-theft enhancements.
Monitor your bank account through Online Banking or Mobile Banking to verify your payments are cashed by the intended payee.

If you need assistance setting up online banking or bill payment please contact us at 800-695-1300 or visit any one of our branch offices.

Thank you for choosing to bank local with Coastal Heritage Bank.

Current events in the financial industry

In reference to current events in the financial industry, I would like to briefly mention a few items of importance about your relationship with Coastal Heritage Bank.

Please understand that 100% of your deposits with Coastal Heritage are fully insured, above and beyond the FDIC limit of $250,000. This is accomplished through our partnership with the DIF (Depositors Insurance Fund) which covers all deposits in the Bank above the FDIC limit. Since its inception in 1934, no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.
We are a stable and sound Bank that is well managed with high capital levels, a growing deposit base and solid loan demand.
We have a very rich history of managing the ups and downs of a variety of economic cycles – that’s one of the reasons we have been able to thrive on the South Shore for over 140 years.

For additional information and resources please visit the FDIC and DIF websites.

If you have any questions about the Bank or FDIC/DIF insurance, please feel free to contact us at 800-695-1300. I thank you once again for choosing to bank local with Coastal Heritage Bank.

What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies

To address certain misrepresentations about FDIC deposit insurance by some crypto companies, the FDIC is issuing an Advisory to FDIC-insured institutions Regarding Deposit Insurance and Dealings with Crypto Companies (FDIC Crypto Advisory).

Additionally, a Fact Sheet on What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies (Deposit Insurance Fact Sheet) has been posted to FDIC’s website to provide additional information about deposit insurance coverage.

Download Fact Sheet