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Our Story

For over a century, Martha's Vineyard Bank has served the communities of Martha's Vineyard and Falmouth with personal care, local expertise, and a deep commitment to reinvesting in the places we call home.

What started as a handful of neighbors pooling their resources has grown into a full-service bank, and our reasons for being here have not changed. We still measure success by what we help build, one loan, one family, one business at a time.
Illustrated image of Edgartown from its early founding.

Born Out of Necessity

In 1909, Martha's Vineyard had two national banks but no local savings institution. Residents were traveling to the mainland just to secure a loan. In response, a group of community leaders established the Island’s first cooperative bank, bringing much-needed financial services close to home.
Mutual Savings Stone Building

1909

First cooperative bank opens on the Island
Photograph of the Dukes County Savings Bank building.

1955

Dukes County Savings Bank chartered, the last mutual savings bank in Massachusetts
Photograph of Martha's Vineyard Savings Bank in Edgartown.

2007

Martha’s Vineyard Savings Bank created from the merger of Dukes County Savings Bank and MV Co-operative Bank

Photograph of Martha's Vineyard Savings Bank office in Woods Hole.

2009

Woods Hole office brings local banking to Falmouth
Photograph of Martha's Vineyard Bank office in Vineyard Haven.

2019

Bank adopts current name, launches Charitable Foundation
Ribbon cutting of the Island Grown Initiative food pantry building.

Community First, Always

What began as a single office and a simple idea has grown into multiple locations across Martha's Vineyard and Falmouth. Today, we combine neighborly service with modern financial solutions and reinvest in the communities we serve. The philosophy that started it all continues to guide everything we do.

Our Values

Over a century of community banking has taught us that how you do business matters as much as what you do.
Illustration of a hand holding a globe, with a person and leaf emphasizing giving back.
Corporate Citizenship

We support fair labor practices and promote diversity, equity, and inclusion. We prioritize the well-being of our employees, communities, and environment.
Illustration of a hand holding a circle with a bar chart trending up, emphasizing growth.
Measured Growth

As we expand, human connection remains at the center of everything we do, strengthening our ability to serve customers with care, compassion, and understanding.
Illustration of hand with a person surrounded by connecting dots, emphasizing customer first service.
Client-First Service

We are continually improving the customer experience to enable more seamless interactions, greater efficiency, and better service for our clients and communities.