Sustainability Initiatives

A cleaner future for our community

Here at Needham Bank, we know how important it is to support our communities and protect your future. To us, that doesn’t just mean being there for you financially; it means working towards a cleaner future with initiatives that reduce our carbon footprint and improve the services we provide to you.

LED Lamp Replacement and Energy Savings

In December 2018, Needham Bank received a Certificate of Environmental Accomplishment. The LED lights in our Main Office Building reduced total electrical costs by 20% year-over-year during the first month after installation, and we have continued to see great energy savings in all our locations ever since.

Document Imaging and Electronic Data

Needham Bank works to reduce the amount of paper we use by implementing technological solutions that also help keep your information secure and convenient for you to access. Doing so helps reduce the impact of deforestation on our environment.

Paper Shredding and Recycling

We partner with Shred-It, a document destruction vendor that helps us protect your personal information as well as recycles all shredded documents. According to calculations based on EPA standards, in 2018, Needham Bank’s paper recycling efforts resulted in environmental savings equal to:

  • 21 Barrels of Oil
  • 176 Trees
  • 72,559 Gallons of Water
  • 31 Cubic Yards of Land Fill
  • 41,462 Kilowatts of Energy
  • 2,591 lbs. of Carbon Dioxide