Word: grzywinski
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With financial support from private foundations, the Episcopal Church and United Church of Christ, Businessman Ronald Grzywinski, 38, bought control of the bank last August and promised to use its assets to salvage declining neighborhoods. Grzywinski and Bank President Milton Davis, 40, have lengthened the bank's hours, added more employees to prevent long lines at tellers' windows, and raised interest rates on savings accounts. This quarter, the bank will show its first gain in six years, and has an nounced plans for a development corpo ration to help save the decaying South Shore...
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