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Federal and state regulators have issued their approval for the merger of The Martha’s Vineyard Co-operative Bank and Dukes County Savings Bank.
The combined bank, to be named the Martha’s Vineyard Savings Bank, will continue to be mutually owned and locally based, with more than $460 million in assets.
The merger will become effective for customers over Veterans Day weekend, Nov. 10 to 12, when the two banking operations will be united.
Asked to describe his team's effort in last Friday's crushing 20-16 loss to the Crusaders from Cape Cod Tech/Harwich, no-nonsense Vineyarders football coach Donald Herman doesn't have to think long for an answer.
"Soft," he said roundly of his team's effort in the loss that effectively eliminated the team from going to the postseason. "We were soft and we were flat. I am not happy with what is going on right now."
Vineyard schools superintendent Dr. James H. Weiss unveiled an eye-opening $3.5 million budget for the coming fiscal year last week, a 20 per cent increase over 2006.
The bulk of the hike in the superintendent’s budget can be tracked to a greatly expanded special needs program for elementary school children, negotiated teacher pay raises from last year and a new position of facilities manager for school buildings. The superintendent is asking for total additional funds approaching $600,000 over last year’s $2.9 million budget.
When Martha Smith and her then-boyfriend Charlie began dating 15 years ago, they spent a lot of time at the annual Martha’s Vineyard Striped Bass and Bluefish Derby headquarters at the foot of Main street in Edgartown.
She ran the derby headquarters, two hours in the morning and two hours at night, and coordinated the volunteers. He would watch, stepping in occasionally to help. “I hung out at the derby headquarters to be with her,” Mr. Smith said. “I think I was there just about every night.”
By MARK ALAN LOVEWELL
THE MOST IMPORTANT FISH IN THE SEA, by H. Bruce Franklin. Island Press / Shearwater Books, Washington, 2007, 266 pages.
Eleven years ago, a group of Island fishermen went to Sandwich to attend a public hearing on the management of striped bass. We all sat in an overcrowded auditorium and listened. One commercial lobsterman stood before the regulators and complained too many striped bass were eating his lobsters and ruining his fishery.