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On November 1, 2007, Dukes County Savings Bank and The Martha’s Vineyard Co-operative Bank combined to become Martha’s Vineyard Savings Bank, a mutual savings bank headquartered in Edgartown, Massachusetts. Established and chartered in 1955, Martha’s Vineyard Savings Bank is the last mutual savings bank created in Massachusetts. However, the Bank traces its financial roots back to 1909 when a group of people dedicated to the Island introduced co-operative banking to Martha’s Vineyard.
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