Approximately 60 Enterprise Bankers, along with their friends and families, formed a team and participated in the 2018 Lowell General Hospital TeamWalk for CancerCare held on June 10. In addition to individual fundraising by the team members and walking and volunteering at the event, Branches and departments held bake sales, raffles, and other fundraisers in the months leading up to the event to benefit the TeamWalk.
Thank you to everyone who participated in this year's fundraising and activities in support of this Greater Lowell community cause. We appreciate being able to do this each year.
Enterprise Bancorp, Inc. Announces Quarterly Dividend
On July 17, 2018, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.145 per share to be paid on September 4, 2018 to shareholders of record as of August 13, 2018. The 2018 dividend rate represents a 7.4% increase over the 2017 dividend rate.
Doire Distilling Preparing to Open in Derry
Congratulations to our customer Doire Distilling and owners Andy Day, Alana Wentworth, and Bill Herlicka on receiving final state and town approvals to begin production at Derry’s new distillery.
Leominster Branch Ribbon Cutting Held June 12
On June 12, under sunny skies, a crowd of 150 customers, community leaders, and Enterprise Bankers gathered to officially cut the ribbon on the new Leominster Branch. The newly constructed two-story facility is located at 65 Main Street and directly across from the U.S. Post Office.