Discover the Story Behind Hampden Bank

Hampden Bank has a rich history that dates back to the 19th century. It was founded in 1874 by a group of local businessmen who wanted to provide banking services to the community.

The bank's early success was due in part to its strong relationships with local farmers and merchants.

Hampden Bank's commitment to serving its community has endured for generations, with a focus on providing personalized service and supporting local economic growth.

Hampden & Co has made significant changes to its leadership team in recent times. Mark Plummer, a 40-year wealth veteran, has been hired as the private banking head, bringing his expertise from Handelsbanken's office in Mayfair.

Gill Sanders, a veteran director from Adam & Co, has been appointed as Hampden's banking director after 20 years in her previous role. This move highlights the bank's commitment to attracting experienced professionals.

Caroline Taylor, a veteran Goldman Sachs director and diversity advocate, has joined Hampden's board, bringing her expertise to the table. Her appointment is a significant step towards promoting diversity and inclusion.

Anne Filkins, a 37-year veteran of C Hoare, has been appointed as banking director, further strengthening Hampden's leadership team. Her extensive experience will undoubtedly benefit the bank.

Tracey Davidson has taken over as the new chief executive officer of Hampden & Co, following Graeme Hartop's departure after 11 years in the role. Davidson brings extensive leadership experience from her previous role at Handelsbanken UK.

Hampden Bank's financial performance is a mixed bag. The bank's Return on Equity (ROE) is 6.04%, which is lower than the U.S. Bank Average of 10.02%. This suggests that Hampden Bank may not be as efficient in making money from its capital as other banks.

The bank's Texas Ratio is 6.04%, which is higher than the U.S. Bank Average of 4.62%. This means that Hampden Bank has a higher percentage of non-performing assets compared to its tangible common equity and loan loss reserves.

However, Hampden Bank's Capitalization is 11.31%, which is slightly higher than the U.S. Bank Average of 11.29%. This indicates that the bank has a relatively secure foundation for its loans and assets.

Here's a comparison of Hampden Bank's financial metrics:

The bank's asset growth is another area worth noting. As of March 31, 2015, Hampden Bank had assets of $709,866,000, loans of $504,642,000, and deposits of $501,006,000. This suggests that the bank has been able to grow its deposits and loans over time, which is a positive sign.

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Hampden Bank was founded in Springfield, Massachusetts in 1852, before the American Civil War.

The bank's roots in Western Massachusetts are quite deep, and it was originally chartered to serve railroad employees.

One of Hampden Bank's first locations, built in 1918, is listed on the National Register of Historic Places.

This historic location is situated two blocks south of Springfield Union Station.

In 2011, Hampden Bank's Main Office was relocated to 19 Harrison Avenue, near the center of Springfield's Downtown Business District.

At that time, the bank had an extensive network of automated teller machines in Western Massachusetts.

Hampden Bank remained a mutual bank until January 18, 2007, when its stock became public.

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