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Featured Banks
Charles River Bank Holds Annual Dinner
• Charles River Bank • East Boston Savings Bank • Merrimack County Savings Bank • Meredith Village Savings Bank
Meredith Village Savings Bank Supports Low Income Households
Charles River Bank recently held its annual dinner meeting at Lake Pearl Function Facility in Wrentham, Massachusetts. Chairman of the Board Robert J. Parrella welcomed Charles River Bank staff, directors, honorary directors and invited guests. During the meeting, President and CEO Jack Hamilton announced that he was celebrating his 40th year in the banking industry as well as his 15th year with Charles River Bank. Hamilton also announced that the mortgage department originated more than $33 million in loans in 2016 and the commercial loan department originated more than $15.4 million in loans; the bank’s asset value has increased to over $230 million. Parrella and Hamilton later presented fiveyear service awards to Assistant Vice President of Administration Charlene Hebert and Assistant Vice President and Controller Lisa Forman; a 10year service award to Assistant Vice President and Bellingham branch officer Michael Tuite; and 15-year service awards to Hamilton and Senior Vice President of Information Technology and Compliance Sue Rovedo. For the first time in the history of Charles River Bank, a 25-year service award was presented to Deposit Operations Support Specialist Laurie O’Rourke. Vice President and Commercial Lending Officer Peter Rizzo and Bellingham Assistant Branch Manager Tara Crivello were also named recipients of the President’s Award.
East Boston Savings Bank Celebrates 10 Years in Everett
East Boston Savings Bank celebrated 10 years within the Everett, Massachusetts community this past November. The anniversary celebration was held at the Everett branch location. Many local customers and businesses were in attendance to honor the bank’s
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growth and success throughout the years. Everett City Councilor Wayne Matewsky attended the event and presented Richard J. Gavegnano, EBSB chairman, CEO and president, along with Zana Milicevic, assistant vice president and branch manager, and Adiel Lopez, assistant branch manager, with citations in appreciation for the years of dedicated service, support and generosity that EBSB has given to the community.
Linda Lorden, senior vice president of retail (left), and Philip Emma, president, Merrimack County Savings Bank, with two of the gift baskets.
Meredith Village Savings Bank recently purchased $27,500 in tax credits from Laconia Area Community Land Trust through the New Hampshire Community Development Finance Authority’s tax credit program. The bank’s investment will support LACLT’s operating budget to continue its mission of assisting low and moderate income households achieve economic self-sufficiency through the development of permanently affordable housing opportunities and support programs.
Merrimack County Savings Bank Celebrates 150 Years
Merrimack County Savings Bank kicked off its 150th anniversary with the presentation of commemorative gifts to four new 2017 babies. The year’s first baby boy and first baby girl born at Concord Hospital and St. Joseph’s Hospital in Nashua were each presented with a gift basket that included a $150 check from the bank. “This is a great way to begin the celebration of our 150th anniversary! We hope our first gifts helps each child establish savings right from the beginning,” Philip Emma, president of Merrimack County Savings Bank, said in a statement. The Merrimack will be hosting an array of celebrations throughout the year to honor the 150 year milestone. Historical photos of downtown Concord and of the bank’s main office on 89 North Main St. will be on display at all branch locations. BNE