December 2020
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Management
A Message From Our CEO & President, Jim Dunphy

With the New Year around the corner, we at South Shore Bank want to thank you for being a loyal client and for sharing your successes and challenges with us during a year that has been like no other. While 2020 has not been an easy year for any of us, the challenges have created opportunities to move forward and work together to achieve your goals.

It has been an honor for our team to make a difference during these unprecedented times. We have supported hundreds of local businesses with the Paycheck Protection Program (PPP) process by both expeditiously offering loans and getting forgiveness processed. We also established our $500,000 Community Fund to give money back to deserving individuals who have hit hard times. Additionally, we financially supported and volunteered weekly at our local food pantries.

Our team acknowledges that our digital solutions have posed some challenges this year, and we thank you for your patience as we work diligently with our partner to address the issue.

Community investment and involvement make us proud to work at a community bank that has shown such great innovation in response to this year’s challenges. When we look at the banking industry, we are overwhelmed by the number of clients’ lives that were positively impacted in these trying times by South Shore Bank’s team of caring banking professionals. We thank them for their dedicated efforts in keeping South Shore Bank the amazing institution that has been empathetically listening to the needs of our clients and offering solutions for more than 185 years.

Please take time to recognize your successes, even small ones, as they will help you stay motivated to achieve a prosperous 2021.

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NMLS# 407656 Member FDIC. Member DIF.

All deposits at South Shore Bank are insured in full. Each depositor is insured by Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits above the FDIC insurance amount are insured by Depositors Insurance Fund (DIF).
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