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Belmont Savings Bank to close Massachusetts bank

Belmont Savings Bank, the wholly owned subsidiary of BSB Bancorp, announced it will close its Cushing Square branch at 78 Trapelo Road on January 18, 2014. In a letter, the bank said all accounts will be automatically transferred to the 277 Trapelo Road branch. The bank also confirmed that all Cushing Square staff members will remain with the bank, serving customers at other locations.