The space at 579 Washington St. in Wellesley, home to iconic clothing store E.A. Davis for 120 years, will soon be occupied by The Village Bank.
Ownership changed at E.A. Davis in 2022, and a revised edition—E.A. Davis & Co by Mahi Gold Outfitters—lasted until early last year.
Next up is The Village Bank, a Newton-based institution that plans to open its first Wellesley branch this summer. A twist is that the 4,300 sq. ft. branch will include a 725-sq. ft. retail incubator space in partnership with UpNext, which has made its presence known previously in Wellesley with a pop-up collection on Central Street in Wellesley Square.
A rotating series of pop-ups are envisioned for this storefront within a storefront at Village Bank. The bank may use this as a model for future branches.
The Village Bank will emphasize its community focus by also making a room available to residents during non-banking hours for civic meetings and other activities.
The Village Bank, which has branches across Newton, as well as in Waltham and Wayland, adds to the loooong list of banks in Wellesley. The mutual community bank has been around since 1910 and boasts more than $2b in assets.
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