WALNUT CREEK, CA--(Marketwire - Nov 27, 2012) - The MassMutual San Francisco staff recently rolled up their sleeves, donned work boots and volunteered to work on new Habitat for Humanity homes in the Pleasant Creek community in Walnut Creek. The volunteers from the Agency were the first to work at the site, which officially had its groundbreaking October 27.

This new Habitat for Humanity development will comprise 10 homes. Located at Barkley Avenue in Walnut Creek, the Pleasant Creek Homes were designed to be sustainable and energy efficient. The homes will be two-, three- and four-bedroom units on the site adjacent to a freeway on-ramp sound wall.

"We had a great team from the Agency who all wanted to give back to our community and what better way to do this than to help build these new homes, right near our offices," said Robert Fakhimi, CEO and President, MassMutual San Francisco. "Our Agency has a commitment to work with community organizations. Habitat for Humanity has houses at Pleasant Creek and it is particularly satisfying as we can all work together and actually build something very tangible."

Over the two days that the Agency volunteered, approximately 25 advisors and staff worked on the project. 

About MassMutual San Francisco Bay
With roots going back to 1891, the MassMutual San Francisco is a significant contributor to the local economy, as shown by the following figures about the firm and its detached offices (as of December 31, 2011):

  • More than 36,000 policyholders and clients1
  • Servicing over $859 Million in client policy and account values (including values of MassMutual and subsidiary insurance companies' insurance and retirement products and investment products offered through MML Investors Services, LLC, a MassMutual subsidiary.)
  • More than $5 billion in life insurance face amount in force2
  • Returned more than $8.5 million in dividends to its participating policyholders in 20113 

Robert Fakhimi is CEO and Managing Partner of the MassMutual San Francisco. Headquarters is in Walnut Creek and branch offices are located in San Francisco, Fremont and Milpitas. Mr. Fakhimi can be reached at 888-803-3631, ext. 320 or by e-mailing him at rfakhimi@finsvcs.com. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, member SIPC, Inc. 2121 N. California Blvd. Suite 395 Walnut Creek, CA 94596 (925) 979-2300.

About MassMutual

Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC., member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.

For more information, visit massmutual.com.

1 An insured, owner, or payer of a MassMutual policy or contract.
2 Amount of individual life insurance in force as of 12/31/11 related to products issued by MassMutual and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company.
3 The amount of dividends to whole life policyholders in 2011.

Contact Information:

Erica Zeidenberg