Dedham Savings’ Beverly Somerville Appointed Chairperson of Neighborworks Housing Solutions
Beverly Somerville, Vice President & Community Reinvestment Act (CRA) Officer for Dedham Savings, has been elected Chairperson for the Board of Directors of NeighborWorks Housing Solutions (NHS), according to a recent announcement by the organization.
The election took place at the NHS June board meeting and the appointment was made official as of July 1, 2022. As Chairperson, Somerville will lead the NHS board, which is comprised of dedicated volunteers from southern Massachusetts communities who are committed to the NHS mission and who have the experience needed to effectively guide the organization’s work.
Stated Somerville, “It has been exciting to be part of NeighborWork’s progress over the years, and I’m honored to now serve as Chairperson to help shape the future of NHS. Their mission and work truly changes lives and I’m proud to play a role in that.”
Somerville has been a member of the NHS board since 2013. In addition to NHS, Somerville is active in the local community and volunteers at St. John Missionary Baptist Church, provides community outreach on behalf of the Imago Dei Community Fund Committee, and is active with Habitat for Humanity Build Days.
Somerville’s career with Dedham Savings spans more than 20 years. In her current role, she is responsible for developing, implementing, and administering all aspects of the Bank’s CRA Compliance Program. She also establishes, participates, and maintains relationships with community organizations and develops and implements programs to ensure the Bank meets the needs of the community. Somerville serves on several Bank committees, including: CRA & Fair Lending Committee (Chairperson); Bank On Program; Diversity, Equity and Inclusion Committee; Dedham Savings Community Foundation; and the Compliance Committee. She resides in Hyde Park with her husband and daughter.
ABOUT Neighborworks Housing Solutions
NeighborWorks® Housing Solutions is a one-stop-shop for finding and maintaining safe, affordable, high-quality housing and growing financial skills and resources. Answers and support are provided to individuals and families in need. Services include rental assistance; emergency financial help; shelter and homelessness prevention; first-time homebuyer education and counseling; financial coaching; foreclosure prevention; affordable residential and small business loans; and construction and management of high-quality rental housing across Southern Massachusetts. NHS is a full-service NeighborWorks® Homeownership Center with locations in Quincy, Brockton, Kingston, New Bedford, and Taunton.
About Dedham Savings
Incorporated in 1831, Dedham Savings is one of the oldest banks in Massachusetts still doing business under its original charter. The Bank delivers technology-driven solutions in a client-centric way to promote the financial success of the individuals, families, businesses, and non-profit organizations in the communities it serves. Dedham Savings manages $1.9 billion in assets through full-service locations in Dedham, East Dedham, Needham, Norwood, Sharon, South Boston, Walpole, and Westwood, Massachusetts. Dedham Savings is Member FDIC, Member DIF, and an Equal Housing Lender.