Page 57 - The History of Watertown Savings Bank_Neat
P. 57

As the 20th century was drawing to a close,     On July 9, 2001, the vision by the board         At that time, he also noted WSB had been
         the Watertown Savings Bank’s board of trustees   of trustees had become a reality. The new      a strong supporter of the community, having
         announced plans for construction of a new two-  Watertown Savings Bank headquarters opened      contributed more than $1 million to various
         story 22,500 square-foot headquarters.          for business at 111 Clinton Street.             organizations over the past 10 years.
           By 2000, the Watertown Savings Bank             At the time it opened, WSB President Bradley    “All the members of the bank’s board of trustees live
         had more than $220 million in assets and 75     T. Clark noted the new facility represented “yet   and work in Jefferson County, making them familiar
         employees. While its Clinton Street office was   another substantial investment in the community”   with the needs of the community,” he wrote.
         thriving with a continued increase in market    and that WSB was “here to stay.”                “We are your neighbors, your friends, and if we are
         share, it was also running out of space.                                                        not already, we hope to be your banker.”
                                                           “We are not changing our form of ownership, we
           The $2.5 million building project would be the   are not changing our name, Watertown and Jefferson    The bank also adopted a new motto with the
         bank’s largest expansion to date. Plans called for   County is our home,” he wrote in a public letter.   opening its new headquarters: “Commitment
         its Clinton Street office to be torn down after   “We are committed to serving this community and   to Our Community – Commitment to Our
         the new facility was built on the bank’s current   our customers for many years to come. We now have a  Customers.”
         parking lot. The bank’s accommodations branch   facility that will allow us to expand our products, add    There was strong meaning behind those words,
         across the street at 140 Clinton St. would be   more jobs, and provide better service.”         said Mr. Clark.
         renovated into a drive-through only branch.


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