Too friendly to rob, and other tales from a 200-year-old bank
Yahoo Finance·2026-03-10 12:25

Core Insights - Millbury National Bank utilizes a welcoming approach to customer service, which has proven effective in deterring potential robberies [1][2][3] - The bank has a long history, being established in 1825, and is one of the oldest financial institutions in the United States [3][4] - Millbury National Bank has a unique ownership structure, with over half of its ownership held by women, which contributed to its designation as a minority depository institution in 2023 [6] Company History - Founded by Asa Waters II in 1825, the bank was created to finance his gun factory when no other banks would [4] - The bank has maintained its location and building since its inception, with the current structure in use since 1924 [4][5] - The bank has a legacy of resilience, as demonstrated by its recovery efforts during the Great Depression led by then-President E. Paul Harris [5] Community Engagement - Millbury National Bank greets customers by name, fostering a sense of community and enhancing security [3] - The bank's practice of personal engagement has been noted as a significant security measure [3]

Too friendly to rob, and other tales from a 200-year-old bank - Reportify