Milford, Mass. (May 17, 2023) – Maugel DeStefano Architects announced construction of a new 3, 850 SF bank branch is underway for Milford Federal Bank in Milford, Mass. Sited on the high visibility corner at Medway and Branch Streets, the ground-up construction project features a large open concept public banking area with exposed structure, individual banking pods, private lender and manager offices, a conference room, and an employee break room.
The design concept marries the welcoming experience of being at home—familiar to long-standing members—with a fresh, innovative aesthetic to attract new members. Exterior features include a walk-up ATM in the main vestibule, canopied drive-up teller locations, and a monumental sign with a flagpole and seating area.
“Milford Federal’s thoughtful team took great care to create a modern banking environment that reflects the bank’s brand and vision,” said Sarah Cormier, project manager at Maugel DeStefano Architects. “The end result is a welcoming space that provides all the modern banking amenities while retaining the friendly, family-like culture cherished by all clients— longtime and new.”
In addition to Milford Federal and Maugel DeStefano Architects, team members include Lobisser & Ferreira, general contractor; BLW, MEP/FP; TF Moran, structural; and Allen Engineering, civil. Construction completion is scheduled for the end of 2023.