Stone Projects in Woburn is a leading custom fabricator of natural stone and quartz surfaces for kitchen countertops, vanities, fireplaces and Jacuzzis. Thanks to a partnership between Cambridge Savings Bank and the Massachusetts Treasury, Stone Projects is growing.
CSB is part of the Treasurer’s Small Business Banking Partnership (SBBP). The SBBP moves Treasury cash reserve funds typically held by large national and international financial institutions and deposits them in amounts of up to $10 million in Massachusetts banks. In exchange for deposits from the Treasury, banks taking part in the SBBP sign a Memorandum of Understanding to offer more loans to small, credit-worthy Massachusetts businesses.
Founded in 2005 by Brazilian immigrant Leo Chantre, Stone Projects has earned a reputation for high quality craftsmanship and attention to customer service. Delivering products to commercial and residential properties, Stone Projects services the New England area, with most if its business in Massachusetts.
CSB executives and Treasurer Steven Grossman recently toured Stone Projects to learn how a new SBBP loan is helping the business grow. Stone Projects used the $335,000 loan to purchase a new, automated cutting and finishing machine from Northwood Machine Manufacturing Company, of Louisville, KY.With the new piece of equipment, the company will nearly double its annual revenue, and will create at least four new jobs in the process.
CSB has received $5 million through the SBBP, which helped the Bank grant 49 loans to small businesses in Massachusetts. CSB is proud to be a part of the SBBP, keeping Massachusetts families in business and producing jobs in the Commonwealth.
When we told our employees about “Your Inspired Moments,” many wished they were eligible to enter. We decided to make a division of the contest, just for employees–an had a lot of great submissions!
Digital Marketing Manager, Jessica Bourne, recently sat down with the employee contest winner, Jacqui O’Donnell, to talk about her photo ” Pure Pride and Joy.”
What does your winning photo show? When and where was it taken? Who is in the photo?
This photo is of my mother and my brother at his graduate school graduation ceremony. Completely candid, both of them were actually posing for a photo that my father was taking on his own camera. I decided to shoot some photos myself, and this was by far one of my favorites.
Why did you pick this photo for your entry? How does it represent the Your Inspired Moments theme to you?
Photography is one of my many passions. Over the years, I have taken thousands of photos that could be considered inspiring. However, my family means the world to me. This photo shows the uttermost happiness and pride a parent can have for her child. Little do people know, my mom is actually just super excited that my brother’s employer paid for grad school. (Joking!)
What do you do at CSB?
I currently work as a Marketing Specialist here at CSB. I am responsible for supporting certain areas of the bank, including eCommerce, Residential Lending, and Community Relations.
What inspired you to pursue a career in marketing? Why marketing in the banking industry?
I graduated from the University of Miami with a dual degree in advertising and graphic design, as well as with a minor in marketing. Working here at a CSB allows me to utilize the skills I have learned in all of these areas.
As a prize, your photo will be featured in a CSB advertisement later this year. How do you feel about having your photo represent the CSB brand?
It’s really funny to think about because I’ll most likely be the one designing the ad!
Phishing, Vishing and Smishing are all ways for a thief to use current technology to get your personal account information to use for fraudulent purposes.
This is a scam that uses email or pop-up messages to trick you into disclosing your credit card number, bank account information, Social Security number, password or other sensitive information. These emails will claim to be from a business or organization you deal with – such as your bank, credit union, online payment service, or even a government agency. The email usually says that you need to “update” or “validate” your account information. It often threatens dire consequences if you don’t respond. The message directs you to a website that looks just like the legitimate organization’s web site, but is not. The idea is to get you to enter your information so they can capture it.
Also known as “voice” phishing over the phone. This is another way for scammers to steal credit card or debit card numbers and other information used in identity theft scams. Be suspicious of any message you receive claiming to be from your financial institution asking you to provide sensitive or confidential financial information.
A text message is sent to your cell phone that asks you to call a toll-free number. Once that call is placed, they will ask for personal information such as Account Number, Credit/Debit card number or Social Security Number, etc….
The U.S. Department Of Justice (DOJ) recently issued three simple recommendations - Stop, Look, and Call - that the consumer can follow when they see E-mails, text messages, Websites or hear a voice mail that may be fraudulent. The DOJ’s recommendations are listed below.
1. Stop. A phishing E-mail, voice mail or text message will typically include upsetting or exciting (but false) statements with one purpose in mind. They want people to react immediately to that false information, by clicking on the link and inputting the requested data before they take time to think about what they are doing. Internet users, however, need to resist the impulse to click immediately. No matter how upsetting or exciting the statement in the E-mail may be. There is always enough time to check out the information more closely. The same is true for text messages and voice mails. Think carefully before responding.
2. Look. Internet users should look more closely at the claims made in the E-mail, think about whether those claims make sense, and be highly suspicious if the E-mail asks for numerous items of their personal information such as: Account Numbers, User Names, or Passwords. For example: If the E-mail, voice mail or text message indicates that it comes from a financial institution where you have an account or a credit card account, but tells you that you have to enter your account information again, that makes no sense. Legitimate banks and financial institutions already have their customers’ account number in their records. Even if the E-mail says a customer’s account is being terminated, the real bank or financial institution will still have that customer’s account number and identifying information.
If the E-mail, voice mail or text message says that you have won a prize or are entitled to receive some special “deal,” and then asks for financial or personal data, there is good reason to be highly suspicious.
Legitimate companies that want to give you a real prize don’t ask for extensive amounts of personal and financial information before you are entitled to receive the prize.
3. Call. If the E-mail, voice mail or text message states it is from a legitimate company or financial institution, Internet users should call or E-mail that company directly (get the number yourself- don’t use the one in the message) and ask whether the E-mail is truly from that company. To be sure that they are contacting the real company or institution where they have accounts, credit-card account holders can call the toll-free customer numbers on the back of their cards, and financial institution customers can call the telephone numbers on their monthly statements.