1
OCABR
The Office of Consumer Affairs and Business Regulation
mass.gov/dob
2022
ANNUAL REPORT
Massachusetts
Division of
Banks
Table of Contents
Accomplishments ............................................................................................................................ 3
2022 Division of Banks (Division) Year in Review ........................................................................... 5
Annual Enforcement ..................................................................................................................... 12
Agency Strategic Goals ................................................................................................................. 15
Non-Depository Institution Supervision ......................................................................................... 16
Mortgage Supervision ........................................................................................................ 17
Consumer Finance/Money Services Business Activity ....................................................... 17
Depository Institution Supervision ................................................................................................. 20
Bank Summary: Balance Sheet and Income Statement .................................................... 21
Credit Union Summary: Balance Sheet and Income Statement ......................................... 24
Consumer Protection and Outreach .............................................................................................. 27
Consumer Assistance and Enforcement and Investigation ............................................................ 28
Foreclosure Prevention Grant Initiative ......................................................................................... 29
Community Reinvestment Act ....................................................................................................... 30
Cyber/IT/Fintech ........................................................................................................................... 31
Legal Unit ...................................................................................................................................... 32
Major Depository Corporate Transactions ......................................................................... 33
Legislative Summary ......................................................................................................... 36
Regulations ....................................................................................................................... 38
Regulatory Bulletins ........................................................................................................... 39
Banks, Credit Unions, and Licensees: ...................................................................................... 39
Banks and Credit Unions: .......................................................................................................... 39
Credit Unions: ............................................................................................................................. 40
Staff List ........................................................................................................................................ 42
Appendix I: Cooperative Banks ..................................................................................................... 43
Appendix II: Savings Banks........................................................................................................... 80
Appendix III: Limited Purpose Trust Companies .......................................................................... 156
Appendix IV: Trust Companies .................................................................................................... 159
This annual report has been developed in accordance with
Massachusetts General Laws chapter 167, §13.
2
As we look back on the year 2022, I recall the concluding sentence from this
very report a year ago: “emerging economic and ongoing industry pressures
including inflation, emerging technologies, cybersecurity risks are likely to
dominate regulatory conversations and examinations for the foreseeable
future; at present the Division and our regulated entities remain well positioned
and well managed for the challenges ahead.” In an environment where
competition and margins were already compressed, the financial industry and
consumers at large faced rising interest rates to levels last seen before the
2008 global financial crisis on back of the Federal Reserve aggressive
monetary policy tightening cycle. While economists and analysts will debate the
pace, speed, and peak of the rate environment, I am happy to report that the
strength of the financial industry operating is Massachusetts indeed reflects that
our regulated entities remain well positioned and well managed.
This annual report highlights that the Division’s body of work in 2022 is notably
accomplished, but we note that our supervision efforts and the vigilance of the
industry remain paramount to face certain challenges looming ahead. As we
entered the early months of 2023 facing economic uncertainty and recessionary
pressures, the U.S. banking industry reckoned with the harsh reality of three
large bank failures. Post-action and post-mortem reports underscore the
importance of fundamental risk management principles, and we at the Division
have been trumpeting this message as a reminder to all our regulated entities.
Technology and social media have introduced new considerations for the
speed of a liquidity event—boards and management teams that adapt while
adhering to safety & soundness principles will be best positioned.
The high-profile bank failures in early 2023 are a reminder that financial
regulatory agencies, including the Division of Banks, play an important
oversight role and must be sufficiently and adequately resourced. The Division
anticipated the evolving risks of large bank supervision, emerging technologies,
evolving financial industry, etc., and had the foresight to request additional
resources. The Division is anticipating an increase in our FY24 budget
appropriation which is currently pending in conference. As the Division of Banks
assesses the industry we regulate to cover our full operating costs, we want to
communicate to our regulated entities the importance of the additional funding
which will further enhance staffing resources as we strive to meet our mission
of ensuring a ensure a sound, competitive, and accessible financial services
environment throughout the Commonwealth.
While the Division continues to actively monitor economic pressures on the
banking industry, ensuring our examination work remains focused in the areas
of risk management and consumer protection compliance, we also are devoting
attention to the continued growth of products and services offered by non-bank
entities in the mortgage, consumer finance, and money service businesses. As
a reminder, these areas are not regulated by any federal body—the supervision
is done by the state banking departments around the country. We at the
Division are active participants with our fellow-state counterparts to leverage
resources in the area of non-bank supervision. Effectively, our “networked
supervision” effort looks to unify state financial regulators to conduct licensing
and examination work for large companies operating nationwide. We have
been doing this successfully for several years in the mortgage space, and we
are increasingly collaborating in the area of money
transmission. Unfortunately, Massachusetts money transmission authority is
significantly outdated compared with the rest of the country, such that we are
limited in our ability to participate in networked supervision efforts, and worse,
we are limited in our ability to afford Massachusetts residents with adequate
consumer protections for the common activity of peer-to-peer payments on
popular mobile apps. The Division continues to support legislation to modernize
Massachusetts money transmission statute (H.1106) which is consistent with a
model law already enacted in many states, and we remain hopeful for passage
in the 193
rd
General Court!
Letter from
Commissioner
Gallagher
Sincerely,
Mary L. Gallagher
Commissioner
Division of Banks
2022 ANNUAL REPORT
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Licenses issued or renewed by the Division to
mortgage companies, mortgage loan originators,
money services businesses, debt collectors, loan
servicers, and consumer finance companies.
Total number of completed bank, credit union,
licensee, and other approval requests (655) and
total number of legal opinions (7) issued.
Total number of examination reports mailed to
depository (76) & non-depository (283)
institutions.
Foreclosure delay requests received by the
Division, of which 76 were granted.
Consumers receiving reimbursements totaling
$2.8 million from complaint resolution or Division
enforcement actions.
Accomplishments
20,087
662
359
113
37,828
MASSACHUSETTS DIVISION OF BANKS
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Formal & informal regulatory orders issued by the
Division.
The Division's Legal Unit processed 51 bank and credit
union branch office notices/applications in 2022.
The Division hosted 4 webcasts on its DOB connects
platform. Topics included compliance concerns and
perspectives, cannabis and regulatory considerations,
and general financial matters.
Total number of major corporate transactions
consummated involving banks & credit unions.
Division employees achieved a total of 5 new
certifications in 2022 and completed, on average, 40
hours of training.
In 2022, the Division filled 13 positions including 3
management positions, 8 Bank Examiners, 1 Licensing
Examiner, and 1 Office Support Specialist.
61
5
4
13
16
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2022 ANNUAL REPORT
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2022 Division of Banks
(Division) Year in Review
First Quarter
January
In January, the 2022 Chapter 206 Grant Program application review process began with
21 staff members on 4 teams. A total of 24 grant applications were reviewed.
On January 3, the Division entered into multiple Consent Orders against Mortgage Loan
Originators Chad Baker, Michael Rakeman, and Kevin Heckemeyer related to a multi-
state action over violations of SAFE Act education requirements.
On January 4, the Division issued a Temporary Cease and Desist Order against Mutual
of Omaha, Inc. for alleged unfair or deceptive advertising practices.
On January 10, the Division entered into a Consent Order with First American National, LLC,
First American Funding, LLC, B&B Funding, LLC, and Coastal Financial, LLC to resolve
allegations of engaging in the business of a debt collector without the requisite license.
On January 18, the Division of Banks, in partnership with 44 state financial agencies,
reached settlements with more than 400 mortgage loan originators nationwide who
deceptively claimed to have completed annual continuing education for the Secure and
Fair Enforcement for Mortgage Licensing Act (SAFE Act) as required under state and
federal law.
February
In February, the Joint Financial Services Committee favorably reported the Domestic Money
Transmission bill as House 4550. The Financial Services Committee also favorably reported
House 1167 regarding uniform enforcement and confidentiality provisions.
On February 2, the Division entered into a Settlement Agreement and Consent Order with
Danny Yen d/b/a Real Estate Educational Services, Wendy Yen, and Dat Yen a/k/a Pat Yen
to cease involvement in education courses related to a multi-state action for MLO licensure
schemes.
A DOB connects program was held on February 3, titled “Home Mortgage Disclosure Act
(HMDA): Top Regulatory Finds and Best Practices”. The webcast featured conversations with
Division examiners from both the depository and non-depository units who discussed top
HMDA examination findings and best practices for HMDA compliance. The webcast can be
accessed here and the handout can be found here.
On February 7, the Division entered into a Consent Order with Mutual of Omaha Mortgage,
Inc. to resolve allegations of alleged unfair or deceptive advertising practices. This consent order
supersedes and replaces the 1/4/2022 Temporary Cease and Desist Order.
On February 8, Consumer Protection Examiners Sales and Williams participated in a
panel discussion on HMDA and examination trends at the MA Mortgage Bankers
Association (MMBA) meeting.
On February 16, Deputy Commissioner of Community Protection and Outreach Rivera
participated in a panel discussion on non-sufficient funds fees at the MA Bankers
Association (MBA) CEO Roundtable on Representment Practices and Non-Sufficient
Funds Fees.
MASSACHUSETTS DIVISION OF BANKS
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On February 22, Counsel Carbone participated in a panel discussion on Mortgage
Business Specific Requirements in the Modernized NMLS at the annual NMLS Training
and Conference.
On February 23, the Division of Banks, the State Treasurer’s Office of Economic
Empowerment, and the Office of Consumer Affairs and Business Regulation announced
the opening of the application process for the 2022 round of Operation Money Wise
grants.
On February 23, Director Chase participated in a panel discussion on Nonbank
Cybersecurity: The Latest Threats and Regulatory Responses at the annual NMLS
Training and Conference.
The Division released the 2021 Annual Enforcement Report.
March
On March 2, the Division issued Opinion 21-009 relative to licensing requirements for digital
currency trading and custody services and certain liquidity services.
On March 4, the Division approved Needham Bank’s purchase of cannabis-related
business and money service business customers of Eastern Bank.
On March 7, the Division issued a follow up Industry Letter to provide guidance to mortgage
servicers as consumers exit pandemic-related forbearances.
On March 9, the Division entered into a Consent Order with Cross Country Mortgage, LLC to
resolve allegations of alleged unfair or deceptive advertising practices. This consent order
supersedes and replaces the 11/30/2021 Temporary Cease and Desist Order.
On March 9, the Division entered into a Settlement Agreement with Andrew Marquis to
resolve allegations of alleged unfair or deceptive advertising practices. This consent order
supersedes and replaces the 11/30/2021 Temporary Cease and Desist Order.
On March 15, the Division of Banks awarded over $2.5 million in grants to 24 organizations
in support of first-time homeownership education programs and foreclosure prevention
counseling centers throughout the Commonwealth through the Chapter 206 grant
program.
On March 16, The Division held a public hearing on proposed amendments to 209 CMR
42.00: The Licensing of Mortgage Lenders and Mortgage Brokers.
On March 24, IT/Cyber/Fintech Examiner Whitten provided a cybersecurity update at the
New England Adjustment Managers Association (NEAMA) annual seminar.
On March 25, the Division approved the merger of Revere Municipal Employees
Federal Credit Union (Revere Municipal) into St. Jean’s Credit Union.
On March 25, Chief Director Weydt spoke on current hot topics in the consumer
protection space, including general DOB examination practices in a remote
environment, representment, CRA qualified CD activity, and recent compliance areas
with violations at the Eastern Massachusetts Compliance Forum.
On March 25, the Division issued an Industry Letter to provide guidance and clarification of
the Division’s policy as it relates to the evaluation of licensees’ financial responsibility as part
of the Massachusetts annual license renewal process.
On March 30, Director Chase moderated the “Cross-Communication and Collaboration during
a Significant Cybersecurity Event” session at the CRMWG TTX meeting.
2022 ANNUAL REPORT
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Second Quarter
April
On April 12, the Division issued Opinion 21-005 regarding the charging of a convenience
fee for over the phone payment.
On April 12, the Division issued an Industry Letter as a reminder to licensees regarding
the submission of annual financial statements.
On April 14, Deputy Commissioner Cuff and Examiner Papalegis volunteered at the
Credit for Life Fair held at Andover High School.
On April 25, the Division issued Opinion 21-008 regarding the licensing requirements to
provide cash management services to Bitcoin ATM operators.
On April 26, Director Chase was a panelist on an IT and cybersecurity panel at the CSBS
2022 Spring Summit.
On April 26, the 2022-2023 Financial Education Innovation Fund Grant application period
commenced. Grants provided through this program support the Credit for Life fairs hosted
by MA high schools.
On April 27, Commissioner Gallagher, General Counsel Keefe, Senior Deputy
Commissioner Bienvenu, and Chief Director Morrison spoke at the Cooperative Credit
Union Association’s “A Dialogue with the MA Division of Banks” event.
May
On May 3, DOB connects hosted the 2022: Compliance Priorities: Concerns and
Perspectives from the Financial Industry. The webcast featured a discussion with two
compliance officers from Massachusetts banks on various issues including the impact of the
war in Ukraine on business banking, post pandemic operations and staffing, cannabis
business, and fintech. The recording can be accessed here and the handout can be found
here.
On May 5, Chief Director O’Driscoll, Field Operations Manager Vaidya, and Examiner Fitzgerald
volunteered at the Credit for Life Fair held at Holbrook Senior-Junior High school.
On May 6, Manager Vaidya volunteered at the Credit for Life Fair held at Medford High
School.
On May 6, Personnel Coordinator Buzzell volunteered at the Credit for Life Fair held at
Abington High School.
On May 9, the Division published the final amendments to 209 CMR 42.00: The Licensing of
Mortgage Lenders and Mortgage Brokers – Final, which became effective on 5/27/22.
On May 18, the Division approved the merger of Premier Source Federal Credit Union
into Polish National Credit Union.
On May 27, the Division, along with the Office of Economic Empowerment (OEE) and the
Office of Consumer Affairs and Business Regulation (OCABR), announced the recipients of
the 2022 Operation Money Wise: Financial Opportunity Grant awards. This grant opportunity
provides funding for financial education programs created for the Massachusetts Military,
Veteran, Family, and Survivor Community (MVFSC). A total of $43,900 was awarded to
9 organizations.
MASSACHUSETTS DIVISION OF BANKS
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June
On June 1, Director Chase presented on the IT Exam Program at the CSBS Nonbank
Baseline & Enhanced WorkProgram Update.
On June 9, the Division held the Annual Training Symposium. Over 125 employees attended
the training, which included economic updates and a panel on Cybersecurity.
On June 10, Examiner Agyemang along with Undersecretary Palleschi volunteered at
the Credit for Life Fair held at Randolph High School.
On June 15, 2022, DOB connects hosted “Cannabis and BSA: Banking Perspectives and
Regulatory Considerations”. The webcast featured a discussion with Regional Field
Manager Reyes and DIS Manager Cook, and a senior vice president and compliance officer
from a Massachusetts community bank. The discussion focused on cannabis banking and
legislation, highlighting the 2021 SAFE Act. The recording can be accessed here.
On June 22, the Division issued Opinion 21-006 regarding the licensing requirements
for the financing of time share interests.
On June 27, the Division approved the merger of Holyoke Postal Credit Union into
Holyoke Credit Union.
On June 28, Division issued the 2022 Deposit Return Item Fee Decision, establishing the
maximum allowable fee Massachusetts state-chartered banks and credit unions may
assess certain consumer deposit accounts for processing dishonored checks.
On June 29, Division staff attended the Fraud Prevention and Awareness training
presented by the MA Office of the Comptroller.
The Division of Banks published the 2021 Annual Report of the Commissioner of Banks.
The report encapsulates agency achievements and provides a snapshot of the financial
industry regulated by the Division.
In June, the DOB completed the new laptop deployment, upgrading all staff laptops.
On June 30
th
, in coordination with HEDIT and external consultants, the DOB concluded
the RMS cross-browser remediation project.
2022 ANNUAL REPORT
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Third Quarter
July
On July 26, the Division hosted DOB connects: A Discussion About Fair Banking and
Verifying Compliance with Regulation E, highlighting specific considerations around
unfair banking and general compliance management considerations relevant to deposit
accounts.
On July 26, the Division issued a decision relative to the Merger of Patriot Community Bank,
Woburn, Massachusetts with and into East Cambridge Savings Bank, Cambridge,
Massachusetts.
August
On August 10, Deputy Commissioner Cuff participated in a panel discussion on Hot
Topics in Licensing at the AARMR Conference.
On August 19, the Division issued Opinion 22-001 on licensing or registration requirements
for servicing a branded credit card issued by a bank.
September
On September 8, Chief Director Weydt and Examiners Dempsey and Dimunah
presented along with the FDIC on Common Violations and UDAP representment
reviews at the Western Mass Compliance Conference.
During the month of September, Diversity Officer Rivera planned a special Hispanic
Heritage Month virtual event to commemorate Hispanic and Latina leaders in
Massachusetts. A September 19
th
event featured an in-depth interview with Dr.
Vanessa Calderon-Rosado, who has led her organization to be the largest Latino-led
nonprofit organization in the Greater Boston area.
On September 22, 2022, the Division hosted a virtual public Board of Bank Incorporation
Hearing pertaining to a petition by Brookline Bancorp, Inc. of Boston, MA to acquire PCSB
Financial Corporation of Yorktown Heights, NY, the holding company for PCSB Bank of
Brewster, NY.
On September 26, the Division issued a decision relative to the Merger of Envision Bank,
Randolph, Massachusetts with and into Abington Bank, Abington, Massachusetts.
On September 27, the Division issued a decision relative to the Merger of Northmark
Bank, North Andover, Massachusetts with and into Cambridge Trust Company,
Cambridge, Massachusetts.
On September 27, during Boston Fintech Week, the Division of Banks hosted Meet the
Regulators: Connecting the Commonwealth’s Financial Regulator with the Fintech
Community. Division presenters included Deputy Commissioner Desai, Chief Director
O’Driscoll, Licensing Examiner Bullock, First Deputy Commissioenr Begin, and Comissioner
Gallagher. More than 60 industry leaders, entrepreneurs, and interested parties attended the
session held at Worcester Polytechnic Institute (WPI) Seaport.
MASSACHUSETTS DIVISION OF BANKS
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Fourth Quarter
October
In October, the DOB celebrated National Disability Employment Awareness by sharing with
all staff resources, expanding recruitment initiatives, and encouraging participation in
training opportunities. On October 5, the Division coordinated a staff training with the MA
Office on Disability (MOD)’s Executive Director Mary Mahon McCauley, and General
Counsel Julia O’Leary to highlight important considerations as we think of “Disability in the
Workplace”.
On October 4, Chief Director Weydt participated in a panel discussion on Unfair and
Deceptive Acts and Practices (UDAP) and Representment at the FFIEC Consumer
Compliance Conference.
On October 5, sixteen examiners received promotions to the next examiner level: 6 to
Examiner II, 3 to Examiner III, and 7 to Examiner IV.
On October 7, the Division issued a Regulatory Bulletin Update pertaining to updates
to examination policy, branch office policies, guidelines for “18-65” accounts, and credit
union membership by-laws.
On October 11, Division issued a Cease Directive to Julie’s Check Cashing pertaining
to unlicensed check cashing activities.
On October 11, Division issued a Cease Directive to Master Cut Meat Market, LLC
pertaining to unlicensed check cashing activities.
On October 11, Division issued a Cease Directive to Brasileirinho Market, Inc. d/b/a
Emporium Brasileirinho pertaining to unlicensed check cashing activities.
On October 12, Deputy Commissioner Cipolla volunteered at the Credit for Life Fair
held at Whitman-Hanson Regional High School.
On October 31, the Board of Bank Incorporation issued a decision relative to the
Application of Brookline Bancorp, Inc., Boston, Massachusetts to acquire PCSB
Financial Corporation, Yorktown Heights, New York.
In recognition of National Cybersecurity Awareness Month in October, the Division issued a
cybersecurity awareness bulletin for consumers: #SeeYourselfInCyber. Each week during
the month, the Division posted information pertaining to cybersecurity:
Multi-factor authentication (MFA)
Use strong passwords
Recognize and report Phishing
Update your software
2022 ANNUAL REPORT
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November
On November 1, the Division issued Opinion 22-002 relative to licensing requirements
for a platform to purchase virtual currency for fiat or sell virtual currency for fiat.
On November 3, the Division issued a Cease Directive to Full Circle Financial Services, LLC pertaining
to unlicensed debt collection activities.
On November 15, through our employee-led resource group (ERG), the VIEW, DOB held a staff
introspective session titled, Is Workplace “Ambition” a Thing of the Past? to discuss how career
fatigue and other life pressures can often impact women more than their male counterparts.
On November 17, Regional Field Manager Reyes participated in a panel discussion on Bank Secrecy
Act/Anti-Money Laundering (BSA/AML) trends and issues at the Mass Bankers Association BSA/AML
Workshop.
On November 21, the DOB relaunched the Mentor Program, holding the kick-off meeting with 24
volunteer participants.
On November 28, the Division issued a decision relative to the Merger of Foxboro Federal Savings, Foxboro,
Massachusetts with and into Norwood Co-operative Bank, Norwood, Massachusetts.
On November 29, Deputy Commissioner Barrett participated on the bank regulatory
panel at the Mass Bankers Association Financial Institutions Financial Conference.
On November 29, the Division held the semi-annual training symposium for Division Staff with Tom
Siems, CSBS Chief Economist, as the keynote speaker.
December
On December 14, Chief Director Morrison participated in a panel discussion at the annual meeting of
the Association of Credit Union Senior Officers.
On December 30, the Division entered into a Consent Order with loanDepot.com, LLC to resolve
allegations of unregistered third-party loan servicing activities.
In December, the Division prepared for the January roll-out of the new online annual
reporting process for the ATM Schedule Qs and non-depository annual reports.
MASSACHUSETTS DIVISION OF BANKS
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Annual Enforcement
In 2022, the Division issued a total of 61 formal and informal regulatory Enforcement Orders which included 18
formal public orders listed below. The Division collected a total of $1,412,000.00 in administrative penalties and
reimbursed $2,836,483.96 to a total of 37,828 consumers.
Mortgage Companies
loanDepot.com, LLC Consent Order
Kind Lending, LLC Consent Order
Andrew Marquis Settlement Agreement
Cross Country Mortgage, LLC Consent Order
Mutual of Omaha Mortgage, Inc. Consent Order
Mutual of Omaha Mortgage, Inc. Temporary Cease and Desist Order
Mortgage Loan Originators
Danny Yen d/b/a Real Estate Educational Services, Wendy Yen, and Dat Yen
a/k/a Pat Yen
Settlement Agreement
Brian Brown Consent Order
Kevin Heckemeyer Consent Order
Michael Rakeman Consent Order
Chad Baker Consent Order
Check Cashers
Julie’s Check Cashing Cease Directive
Master Cut Meat Market, LLC Cease Directive
Brasileirinho Market, Inc. d/b/a Emporium Brasileirinho Cease Directive
Debt Collectors
Full Circle Financial Services, LLC Cease Directive
Penn Credit Corporation Consent Order
Monterey Financial Services, LLC Consent Order
First American National, LLC & First American Funding, LLC & B&B Funding,
LLC & Coastal Financial, LLC
Consent Order
2022 ANNUAL REPORT
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Key Agency Actions
The Division produced four DOB connects webcasts during 2022. Topics included cannabis banking,
compliance issues and trends, and the Home Mortgage Disclosure Act (HMDA). All webcast recordings can
be found here.
Home Mortgage Disclosure Act (HMDA): Top Regulatory Finds and Best Practices on
February 3, 2022.
2022 Compliance Priorities: Concerns and Perspectives from the Financial Industry on
May 3, 2022.
Cannabis and BSA: Banking Perspectives and Regulatory Considerations on June 15,
2022.
A Discussion About Fair Banking and Verifying Compliance with Regulation E on July
26, 2022. here.
As reported in the 2022 Annual Enforcement Bulletin, the Division collected a total of $1,412,000.00 in
administrative penalties and reimbursed $2,836,483.96 to a total of 37,828 consumers.
The Division continued to expand recruitment collaborations and participated in more than 10 different
virtual and in-person recruitment opportunities including, but not limited to, virtual reverse job fairs
sponsored by the MA Human Resources Division in coordination with the Massachusetts Commission
for the Blind and Massachusetts Rehabilitation Commission, opportunities with MassHire at regional
virtual job fairs, and recruitment associated with various local colleges and universities.
Division staff continued to take advantage of new virtual training opportunities with 17 participants joining
FFIEC virtual conferences, 12 examiners completing core FDIC requirements, and 36 participants in
regulatory association conferences, 54 participants in regulatory and compliance programs, and 11
participants in skill building classes.
In January, the Division of Banks, in partnership with 44 state financial agencies, reached settlements
with more than 400 mortgage loan originators nationwide who deceptively claimed to have completed
annual continuing education for the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE
Act) as required under state and federal law. You can read the full details here.
On March 7, 2022, the Division published an Industry Letter to provide guidance to mortgage servicers
as consumers exit pandemic-related forbearances.
On March 15, 2022, the Division of Banks awarded over $2.5 million in grants to fund first-time
homeownership education programs and foreclosure prevention counseling centers throughout the
Commonwealth. The funds awarded through the Chapter 206 grant program went to a total of 24
organizations including 9 regional foreclosure prevention centers and 15 consumer counseling
organizations.
On May 27, 2022, the Division of Banks, Treasurer Goldberg’s Office of Economic Empowerment, and
the Office of Consumer Affairs and Business Regulation (OCABR) awarded over $43,000 in grants to
nine organizations to establish new or improve pre-existing financial education programs for the
Military, Veteran, Family, and Survivor Community. You can read more about these organizations and
the grants here.
Starting in September, the Division embraced a hybrid examination posture, conducting in-person
meetings, visitations, and on-site reviews as appropriate.
On September 22, 2022, the Division hosted a virtual public Board of Bank Incorporation Hearing
pertaining to a petition by Brookline Bancorp, Inc. of Boston, MA to acquire PCSB Financial Corporation
of Yorktown Heights, NY, the holding company for PCSB Bank of Brewster, NY.
MASSACHUSETTS DIVISION OF BANKS
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On September 27, 2022, during Boston Fintech Week, the Division of Banks hosted Meet the
Regulators: Connecting the Commonwealth’s Financial Regulator with the Fintech Community. More
than 60 industry leaders, entrepreneurs, and interested parties attended the session held at Worcester
Polytechnic Institute (WPI) Seaport.
On October 7, 2022, the Division issued a Regulatory Bulletin Update pertaining to updates to
examination policy, branch office policies, guidelines for “18-65” accounts, and credit union
membership by-laws.
On November 23, 2022, the Division issued a Regulatory Bulletin Update pertaining to updates to
counseling and opt-in requirements for subprime adjustable rate mortgage loans made to first time
home loan borrowers.
On December 1, 2022, the Division of Banks, in partnership with the Massachusetts Office of Consumer
Affairs and Business Regulation and State Treasurer’s Office of Economic Empowerment, announced
the recipients of the Financial Education Innovation Fund Grant for the 2022-2023 academic year.
Thirty-nine Massachusetts high schools, including 8 first-time applicants, were awarded $115,400 for
Credit for Life Fairs. This year’s round saw a 300% increase in special education school applicants.
Throughout 2022, Division staff volunteered at 8 Credit for Life Fairs at high schools across the
Commonwealth.
2022 ANNUAL REPORT
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Agency Strategic Goals
The Division’s 2021-2023 Strategic Plan reflects the agency’s commitment to the mission of ensuring a sound, competitive, and
accessible financial services environment throughout the Commonwealth. The Plan focuses on our agency’s vision and core
values, as reflected and strived for in the daily work of Division staff.
We support a culture of inclusion within the Commonwealth that values and promotes diversity and equal opportunity for all
individuals. We align agency diversity and inclusion initiatives with EOHED’s Diversity Plan and goal to build robust,
sustainable, and measurable diversity, equity, and inclusion initiatives across the agencies.
Throughout the year, agency staff made significant steps in working to achieve our vision of a financial services environment in
which:
the public has confidence in its financial institutions;
consumers have the information needed to make wise financial choices; and
financial institutions can compete both within the Massachusetts system and with federally chartered
entities.
We worked towards our mission and vision by focusing on the following goals:
Supervision and Regulatory Environment
Effectively supervise and examine the Division’s regulated entities through a regulatory framework which ensures consumer
protection while promoting a competitive industry. The Division will strive to develop and maintain a real-time, networked
supervision program utilizing data to satisfactorily complete its core supervisory functions through examination, licensing,
consumer complaint review and response, and initiation of regulatory actions where appropriate. Key objectives are:
real-time supervision
data analytics
networked supervision
climate risk
legislative priorities and legal guidance; and,
innovation in financial services.
Consumer Protection and Outreach
Implement and enforce consumer protection laws and regulations while providing consumers and/or industry with
information to make informed financial decisions and be prepared to mitigate anticipated risks. Key objectives are:
consumer protection leveraging expanded data analytics and established processes; and,
outreach building on the Division’s platform for disseminating agency messages and topics of interest.
Administration, Staffing and Development
Review and plan for operational improvements to ensure the Division functions effectively and efficiently amidst the
changing workplace landscape. Strive to develop the Workforce of Tomorrow by leveraging collaborations, technology, and
maximizing partnerships. Key objectives are:
technology and administration
pandemic response and preparedness; and,
workforce development.
MASSACHUSETTS DIVISION OF BANKS
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Non-Depository Institution
Supervision
The Non-Depository Institution Supervision (NDIS) unit licenses and examines the over 20,000 non-depository financial
institutions in Massachusetts. These institutions include:
Mortgage lenders
Mortgage brokers
Consumer finance companies
Money services businesses
Debt collectors
Loan servicers
Check Cashers
Check Sellers
Student Loan Servicers
To evaluate the overall safety and soundness of the non-depository financial institutions in Massachusetts, and to comply
with our mission to ensure sound, competitive, and accessible financial services, NDIS examiners conduct periodic
examinations of these companies to assess the level of compliance with consumer protection laws and determine if the
licensee is operating in a safe and sound manner.
2022 ANNUAL REPORT
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Mortgage Supervision
The Division’s Mortgage Exam Unit (MEU) continued to improve its exam procedures in an effort to increase efficiency
and effectiveness. The MEU also continues to participate in coordinated exams with other states through the Multi-State
Mortgage Committee (MMC) as well as targeted and full-scoped examinations that utilize the State Examination System
(SES) through Networked Supervision, One Company One Examination and other innovative and coordinated strategies.
The MEU continues its proficiency in the examination of
complex loan servicers and debt collectors. In doing so,
the MEU is well versed in and regularly takes advantage
of the Nationwide Multistate Licensing System and
Registry (NMLS), including the analytics and mortgage
call reporting functions, resulting in efficient risk scoping
during the pre-exam phase of the examination. In support
of the MEU’s overall risk assessment, key risk indicators
are regularly evaluated to ensure appropriate strategic,
operational, financial, and compliance tolerances. The
MEU continues to engage in cyber-security training in
order to be better prepared for ever-increasing global
cyber threats. The MEU has adopted the CSBS
Cybersecurity work-program to greater assist in that
overall preparedness.
In 2022, the Division’s Licensing Unit continued to process a high volume of Non-Depository license applications. Mortgage
Broker and Mortgage Lender applications submitted by sole proprietors and startups increased, and business plans
submitted by Non-Depository institutions continue to evolve and presented complex business models that many times
triggered the requirement for multiple licensees. Non-Depository institutions engaged in the Small Loan and Third Party
Loan Servicer businesses continued to increase as fintech applicants in the marketplace expand. The Licensing Unit
regularly evaluates the overall state of the Massachusetts economy and the ever-changing markets while evaluating all
Non-Depository applications which include twelve distinct licenses and registrations spanning from Mortgage Lenders,
Mortgage Brokers and Student loan servicers to Foreign Transmittal Agencies and Motor Vehicle Sales Finance Companies.
The figures include regulatory action and approved licensee information occurring within the Division during 2022.
CRA requirements are in place for certain mortgage lenders in accordance with M.G.L. c. 255E, § 8. These provisions
require a CRA evaluation of mortgage lenders that have originated 50 or more Home Mortgage Disclosure Act (HMDA)
reportable mortgage loans in the previous two calendar years.
The Division conducted 20 CRA examinations of mortgage lenders during 2022. There are currently 91 Public Evaluations
of mortgage lenders posted on the Division’s website.
Consumer Finance/Money Services Business
9936
10,107
9017
11,351
15,080
9,729
Approved Mortgage Loan
Originators by Year End
2017 2018 2019 2020 2021 2022
15
19
15
14
7
2 2
5
0
10
20
2019 2020 2021 2022
Regulatory Actions Taken by the
Division Against Brokers & Lenders
Informal Formal
15
19
15
14
7
2 2
5
0
10
20
2019 2020 2021 2022
Regulatory Actions Taken by the
Division Against Brokers & Lenders
Informal Formal
MASSACHUSETTS DIVISION OF BANKS
18
Activity
In 2022, the Consumer Finance/Money Services Business Unit’s many accomplishments helped promote the Division’s ’
mission of ensuring a sound, competitive, and accessible financial services environment throughout the Commonwealth.
Over $2.2 million was reimbursed to over 30,000 Massachusetts consumers during 2022 as a
result of examinations conducted on licensed finance companies and debt collectors.
The Division maintains membership in regulatory trade groups to aid in the supervision of
regulated entities, including the National Association of Consumer Credit Administrators
(NACCA), the North American Collection Agency Regulatory Association (NACARA), and the
Money Transmitters Regulatory Association (MTRA).
The Division actively participates on boards and committees for these trade groups. Senior
Deputy Commissioner Christopher Pope sits on the MTRA Board and Deputy Commissioner
Andrea Cipolla serves on NACCA’s Emerging Issues Committee. Division staff also serve on
the NACARA Regulatory Supervision Committee, NACCA Auto Finance Committee, and the
NACCA/NACARA Student Loan Supervisory Taskforce Examinations sub-committee. Several
CF/MSB Unit staff members also participate on NMLS committees and working groups
focusing on Networked Supervision, Consumer Finance Call Reports, and Licensing
Standards. RFM Young and Examiner Cabarcas participated on an emerging issues panel at
the NACARA Annual Meeting in October.
The CF/MSB Unit completed 11 joint multi-state examinations in 2022. Nine joint examinations
were conducted with MTRA, and two were conducted with NACARA. Several other
examinations were in process in 2022, including coordinated examinations of large national
student loan servicers, and a joint multistate examination of a large national subprime auto
finance company. Massachusetts acted as the lead state for the joint auto finance examination
leading a team of 12 states.
The CF/MSB Unit commenced conducting examinations of student loan servicers. These
examinations included targeted examinations of certain low volume licensees to ensure a
timely and efficient review of servicing activity and coordinated multi-state examinations of two
high volume national student loan servicers.
The CF/MSB Unit coordinated with the Enforcement & Investigations Unit to investigate several
claims of unlicensed check cashing activity. These investigations led to the issuance of public
cease directives against three companies for unlicensed check cashing activity.
The CF/MSB Unit worked with the Licensing and Operations Units to convert annual report
forms for finance companies, debt collectors, loan servicers and money services businesses
to allow for online submission of annual transaction data.
The CF/MSB Unit has pursued training for examinations staff on cryptocurrency and blockchain
technology. The unit also researched and piloted the use of a blockchain analysis tool to
determine its applicability to and effectiveness for the supervision of licensees engaged in
cryptocurrency activity.
2022 ANNUAL REPORT
19
The CF/MSB Unit coordinated with the Division’s IT Unit to review recent data breach reports
on a regular basis and conduct outreach to licensees impacted by significant data breaches.
The Division entered into a Consent Order with a licensed debt collector to address alleged
servicing, collecting on, and purchasing purported lease agreements, most of which were used
to purchase dogs and other pets, which were in fact predatory retail installment sale
agreements with exorbitant finance charges originated by unlicensed entities. The Division
determined the company was collecting illegal fees and using unfair and unconscionable
means in servicing accounts. The company was required to issue $210,000 in direct
reimbursements to consumers and forgive more than $750,000 in accounts it owned, cease
servicing illegal accounts for other parties, and remove any negative credit reporting on the
illegal accounts.
MASSACHUSETTS DIVISION OF BANKS
20
Depository Institution Supervision
The main objective of the Depository Institution Supervision (DIS) unit is to evaluate the overall safety and soundness of
the depository financial institutions in Massachusetts in order to comply with the Division’s mission to “ensure a sound,
competitive, and accessible financial services environment throughout the Commonwealth.” This process includes an
assessment of each institution’s risk management systems, financial condition, and compliance with applicable banking
laws and regulations.
The DIS unit examiners and managers supervise the Commonwealth’s 142 state-chartered banks and credit unions and 2
limited purpose trust companies to ensure they comply with federal and state laws and regulations. As prescribed in MGL
c. 167, the DIS unit conducts examinations of these institutions for
Risk management (also known as safety and soundness)
Consumer protection compliance
Community Reinvestment Act (CRA) and Fair Lending.
Other responsibilities of the DIS unit include consumer outreach and education. The unit will issue guidance specific to
banks and credit unions on various topics and issues. The DOB connects program, featuring state and federal experts and
guest speakers, consists of periodic webinars and webcasts covering regulatory developments and consumer-related topics
for financial institutions and community organizations.
2022 ANNUAL REPORT
21
Bank Summary: Balance Sheet and Income
Statement
The calendar year 2022 was a year of change for Massachusetts state-chartered institutions and banks across the country
due to sharp interest rate increases. Massachusetts state-chartered bank assets marginally decreased year-over-year by
just over one percent. Substantial decreases in cash and securities holdings saw liquidity put to work in corresponding
increases in aggregate loan balances. Aggregate deposit runoff was modest, at -4% for the year, but that runoff, coupled
with loan demand, led to a sharp increase in the reliance on aggregate other borrowed funds to fill funding gaps, as that
figure increased by 146%, year-over-year. Moderate declines in equity capital resulted from adverse other comprehensive
income figures due to unrealized losses in bank security portfolios.
One tailwind from increasing interest rates was an increase in net interest income. While there were sharp increases in
both interest income and
interest expense of 52%
and 476%, respectively,
this led to interest income
increasing by 31%, year-
over-year. The provision
for credit losses saw a
significant uptick of 1,152%
despite low charge-offs
and delinquencies. As
expected, securities losses
adversely impacted net
income over the year due
to equity market
performance. However,
despite some of these
impediments, aggregate
net income was up 8%,
year-over-year.
As we all know, since year-
end 2022, the banking
landscape has shifted even
more, with several regional
bank failures necessitating
the shoring up of on-
balance sheet and
secondary liquidity
sources. This abundance
of caution will likely lead to
decreased earnings for
early 2023, if not
throughout the year.
Despite this, the labor
market remains strong,
and loan demand, as well
as delinquency and
charge-off figures for
Massachusetts state-
charters, reflect this
strength. While no
economic fault lines are
currently visible, banks
must remain vigilant
throughout 2023 regarding
their liquidity needs, the
tapering of interest rate
2.36
0.95
0.06
8.95
1.81
0.7
0.09
8.24
1.61
0.9
0.05
8.21
1.98
0.89
0.06
8.33
0 1 2 3 4 5 6 7 8 9 10
NIM
ROA
Net Charge-Offs / Total Loans
Tier 1 Leverage Ratio
Aggregate Massachusetts Bank Financial
Ratios
2019-2022
2022 2021 2020 2019
$404,202,426
$151,135,643
$317,455,546
$44,588,758
$495,053,253
$158,677,726
$398,822,021
$46,864,820
$495,497,612
$155,609,500
$417,282,807
$49,268,861
$490,291,493
$173,062,972
$399,651,852
$46,467,317
$0 $100,000,000$200,000,000$300,000,000$400,000,000$500,000,000$600,000,000
Total Assets
Net Loans & Leases
Total Deposits
Total Equity Capital
Aggregate Massachusetts Bank Balance
Sheet Data 2019-2022
2022 2021 2020 2019
MASSACHUSETTS DIVISION OF BANKS
22
increases and their effect on earnings and balance sheets, and the headwinds associated with a cooling economy.
Bank Balance Sheet
Years Ending December 31 2021 2022 % Change
$ in 000s
$ in 000s
Cash & Balances due from depository institutions
125,581,804
110,676,309
-12%
Total securities
150,322,358
138,577,966
-8%
Federal funds sold and reverse repurchase
3,229,950
5,286,252
64%
Gross Loans and Leases
157,052,931
174,603,074
11%
Loan loss allowance
1,429,956
1,540,102
8%
Net loans and leases
155,622,975
173,062,972
11%
Trading account assets
4,584,600
8,108,102
77%
Bank premises and fixed assets
4,256,974
4,372,022
3%
Other real estate owned
1,593
1,309
-18%
Goodwill and other intangibles
11,483,875
11,204,719
-2%
All other assets
40,219,085
39,001,842
-3%
Total assets
495,303,214
490,291,493
-
1%
Total deposits
417,253,488
399,651,852
-4%
Federal funds purchased and repurchase agreements
2,210,070
1,697,145
-23%
Trading liabilities
5,596,924
7,841,316
40%
Other borrowed funds
6,560,465
16,126,749
146%
Subordinated debt
1,566,000
1,547,000
-1%
All other liabilities
13,004,174
16,960,114
30%
Total Liabilities
446,191,121
443,824,176
-
1%
Perpetual preferred stock
26,861
19,796
-26%
Common stock
84,960
83,921
-1%
Surplus
25,116,041
25,545,921
2%
Undivided profits
23,876,810
20,810,554
-13%
Equity, minor interest in consolidated subs
7,421
7,125
-4%
Total equity capital
49,112,093
46,467,317
-
5%
Total Liabilities and Equity Capital
495,303,214
490,291,493
-
1%
2022 ANNUAL REPORT
23
Bank Income Statement
Years Ending December 31 2021 2022 % Change
$ in 000s
$ in 000s
Total interest income
6,706,087
10,285,787
53%
Total interest expense
331,294
1,908,564
476%
Net interest income
6,374,793
8,377,223
31%
Provision for loan and lease losses
16,803
210,388
1152%
Gross Fiduciary activities income
7,177,984
6,543,497
-9%
Service charges on deposit accounts
161,216
192,110
19%
Trading account gains and fees
893,280
929,847
4%
Additional Noninterest Income
3,068,040
2,887,481
-6%
Total noninterest income
11,300,520
10,552,935
-7%
Salaries and employee benefits
6,560,593
6,707,904
2%
Premises and equipment expense
2,324,115
2,338,907
1%
Additional noninterest expense
3,616,497
3,728,525
3%
Total noninterest expense
12,501,205
12,775,336
2%
Pre-tax net operating income
5,157,305
5,944,434
15%
Securities gains (losses)
307,784
(190,973)
-162%
Applicable income taxes
1,179,219
1,130,134
-4%
Income before extraordinary items
4,285,870
4,623,327
8%
Extraordinary items, net
(9,317)
-
-100%
Net income
4,276,553
4,623,327
8%
MASSACHUSETTS DIVISION OF BANKS
24
Credit Union Summary: Balance Sheet and Income
Statement
Massachusetts state-chartered credit unions experienced considerable growth in 2022 with total assets reaching $21.4
billion, an increase of 6.5% compared to year-end 2021. As operations returned to normal in the wake of the COVID-19
Pandemic, loan production resumed and saw a substantial increase of $2.2 billion, or 16.8%, over the same time period.
Loans were primarily funded through deposit growth of $432.1 million, or 2.5%. Total regulatory net worth increased by
$120.9 million, or 5.8%, to $2.2 billion and led to an aggregate net worth to total assets ratio of 10.3%. This slight decrease
from the year-end 2021 level of 10.4% was a result of asset growth outpacing net worth growth via earnings retention.
Net income for 2022 improved by an impressive 21.7% compared to 2021 results, and totaled $115.7 million as excess
liquidity, which was primarily held in cash and interest-bearing balances for the majority of 2021, was deployed into higher
yielding assets. That, coupled with several interest rate hikes throughout the year, led to the net interest margin increasing
from 2.17% to 2.47%. The provision for loan losses in 2022 totaled $10.7 million, which was a 17.2% decrease compared
to 2021 provisions of $12.9 million. The decreased provisions and delinquency rates are a testament to the strong asset
quality in the industry.
The aforementioned figures demonstrate Massachusetts state-chartered credit unions had another successful
year. Increased operating efficiency and stellar asset quality helped mitigate compressing margins due to funding cost
increases. Overall, the vast majority of state-chartered credit unions remain in fundamentally sound financial condition,
supported by robust total aggregate net worth levels and earnings performance across the industry.
2018 2019 2020 2021 2022
Return on Average
Assets
0.59% 0.56% 0.36% 0.46% 0.56%
Net Interest Margin
2.78% 2.72% 2.41% 2.17% 2.47%
Net Worth to Total
Assets
11.31% 11.32% 10.46% 10.41% 10.34%
Delinquent Loans to
Total Loans
0.52% 0.56% 0.54% 0.34% 0.33%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
Financial Performance Metrics
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
$22,000
2018 2019 2020 2021 2022
Total Assets Net Loans and Leases
Total Shares and Deposits
Balance Sheet Trends (in millions)
2022 ANNUAL REPORT
25
Credit Union Balance Sheet
Years ended December 31 2021 2022 % Change
$ in 000’s
$ in 000’s
Assets
Cash & Equivalents
1,731,561
1,313,842
-24%
Total Investments
4,411,409
3,779,281
-14%
Loans Held for Sale
26,858
7,801
-71%
Loans and Leases, Net of Unearned Income
13,235,189
15,475,541
17%
Allowance for Loan and Lease Losses
-80,952
-80,412
-1%
Net Loans and Leases
13,154,237
15,395,129
17%
Land and Building
208,883
232,705
11%
Other Fixed Assets
65,196
65,102
0%
NCUSIF Deposit
153,291
161,105
5%
Other Assets
350,061
450,490
29%
Total Assets
20,101,496
21,405,455
6%
Liabilities
Dividends Payable 135
604
347%
Other Borrowings 839,567
1,913,249
128%
Accounts Payable & Other Liabilties 177,221
218,028
23%
Total Shares & Deposits 17,046,143
17,478,264
3%
Total
Liabilities
18,063,066
19,610,145
9%
Equity
Undivided Earnings
1,919,983
2,034,734
6%
Equity Acquired in Merger
147,846
155,093
5%
Accumulated Unrealized Gain/(Loss) on AFS
-25,226
-390,898
1450%
Accumulated Unrealized Gain/(Loss) on CF Hedges
580
1,945
235%
Other Comprehensive Income
-4,753
-5,564
17%
Total Equity Capital
2,038,430
1,795,310
-
12%
Total Liabilities + Equity Capital
20,101,496
21,405,455
6%
MASSACHUSETTS DIVISION OF BANKS
26
Credit Union Income Statement
Years ended December 31 2021 2022 % Change
$ in 000’s
$ in 000’s
Total Interest Income
530,689
608,365
15%
Total Interest Expense
85,003
94,860
12%
Net Interest Income
445,686
513,505
15%
Provision for Loan and Lease Losses (PLLL)
12,956
10,729
-17%
Net Interest Income after PLLL
432,730
502,776
16%
Fee Income
62,703
68,338
9%
Other Income
92,052
71,411
-22%
Gain/(Loss) on Equity Securities
6,055
-
6,018
-
199%
Gain/(Loss) on Other Securities
2,532
-
124
-
105%
Other Gain/(Loss) Sales
0
230
Gain/(Loss) on Disposition of Fixed Assets
-123
670
-645%
Other Non
-
interest Income/(Expense)
3,912
5,191
33%
Total Non
-
Interest Income
167,131
139,698
-
16%
Employee Compensation and Benefits
262,448
268,510
2%
Travel and Conference Expense
2,817
4,204
49%
Office Occupancy Expense
40,809
43,177
6%
Office Operation Expense
88,912
92,834
4%
Education and Promotional Expense
16,785
18,584
11%
Loan Servicing Expense
20,413
20,268
-
1%
Professional and Outside Services
52,741
59,374
13%
Member Insurance-Other
3,480
3,090
-
11%
Operating Fees
2,201
2,574
17%
Miscellaneous Operating Expenses
14,162
14,148
0%
Total Non-Interest Expense
504,768
526,763
4%
Net Income (Loss)
95,093
115,711
22%
2022 ANNUAL REPORT
27
Consumer Protection and
Outreach
The Consumer Protection examination unit has been at the forefront of important consumer protection regulatory issues
throughout the year. In 2022, working closely with our federal counterparts, the unit continued to review banking practices
associated with deposit accounts and assessment of fees as a targeted consumer protection risk area. In October 2022, the
agency issued the updates to its Regulatory Bulletins in response to the implementation of Chapter 338 of the Acts of 2020,
An Act Modernizing the Credit Union Laws (Credit Union Modernization). Regulatory Bulletin 2.1-106 was updated to clarify
additional provisions to the Guidelines for “18-65” which now prohibit both banks and credit unions from imposing any fee,
charge or other assessment against the savings account or demand deposit account of any persons 65 years of age or older
or 18 years of age or younger. The unit also collaborated on the amendment of Regulatory Bulletin 1.3-104, Counseling And
Opt-In Requirements For Subprime Adjustable Rate Mortgage Loans Made To First Time Home Loan Borrowers. The
amendment now clarifies the use of APOR values published by the Consumer Financial Protection Bureau to arrive at the
annual percentage rate.
Also in 2022, Deputy Commissioner of Consumer Protection Rivera, directed and moderated four DOB connects webcasts,
including: A Discussion About Fair Banking and Verifying Compliance with Regulation E, Home Mortgage Disclosure Act
(HMDA): Top Regulatory Findings and Best Practices from State Examiners, 2022: Compliance Priorities: Concerns and
Perspectives from the Financial Industry, and Cannabis and BSA: Banking Perspectives & Regulatory Considerations. These
various themes were discussed by panelists from the financial industry and often supplemented with examination information
from bank examiners. We were joined by over 800 attendees.
MASSACHUSETTS DIVISION OF BANKS
28
Consumer Assistance and
Enforcement and Investigation
During 2022, the Consumer Assistance Unit (CAU) made changes to its website to make it more user friendly. CAU also
made changes to its internal systems and procedures for Foreclosure Delay Requests (FDRs) to make the process more
streamlined. The Unit closely monitored COVID-related consumer protection measures, including the rollout of the
Homeowner Assistance Fund (HAF) Program, to ensure that Massachusetts consumers received correct and timely
information.
The Consumer Assistance Unit fielded 4,776 calls and received 257 written consumer complaints in 2022. A total of 255
complaints were resolved and 45 consumer reimbursements were obtained for a total of $301,580.00 reimbursed to
consumers. The Unit received 132 requests for foreclosure relief, and long-term stays were granted for 76 of the requests.
Since the foreclosure relief program was instituted in 2007, 7,810 request have been received and 3,909 foreclosure stays
have been granted.
2022 ANNUAL REPORT
29
Foreclosure Prevention Grant
Initiative
Since the inception of the foreclosure prevention counseling and education grant initiative in 2008, the Division has awarded
over $24 million to nonprofits with a focus on consumer counseling and education services pursuant to Chapter 206 of the
Acts of 2007, An Act Protecting and Preserving Homeownership. These organizations have been able to assist over 90,000
consumers. Funding for this initiative is possible through administrative fees associated with the licensure of loan originators
according to M.G.L. c. 255F.
On March 15, 2022, the Division of Banks awarded over $2.5 million in Chapter 206 grants to fund first-time homeownership
education programs and foreclosure prevention counseling centers throughout the Commonwealth. These funds went to a
total of 24 organizations including 9 regional foreclosure prevention centers and 15 consumer counseling organizations.
The grants assist homeowners who are experiencing some type of financial hardship caused by either a loss of or reduction
in income or a medical issue as well as prospective homebuyers who are determining if homeownership is right for them.
Awarded organizations offer programs including, but not limited to, foreclosure prevention counseling services, loan
modification assistance, first-time homeownership education, or counseling for non-traditional or high-cost loans such as
subprime products. During the pandemic emergency, these organization pivoted to offering their services and programs
through online platforms, committed to offering guidance to prospective home buyers and a lifeline to those struggling with
home retention.
MASSACHUSETTS DIVISION OF BANKS
30
Community Reinvestment Act
Under the Massachusetts Community Reinvestment Act (CRA), the Division examines state-chartered banks and credit
unions to assess each institution’s record of meeting the needs of its entire assessment area, including low-and moderate-
income neighborhoods, consistent with the safe and sound operation of the institution. CRA requirements are also in place
for certain mortgage lenders in accordance with M.G.L. c. 255E, § 8. These provisions require a CRA evaluation of mortgage
lenders that have originated 50 or more Home Mortgage Disclosure Act (HMDA) reportable mortgage loans in the previous
two calendar years. Upon conclusion of a CRA examination, the Division prepares a written Public Evaluation which can
be obtained on the Division’s website or directly through the institution.
The Division conducted 37 CRA examinations of banks and credit unions during 2022. There are currently 141 Public
Evaluations of banks and credit unions posted on the Division’s website.
The Division conducted 20 CRA examinations of mortgage lenders during the 2022. There are currently 91 Public
Evaluations of mortgage lenders posted on the Division’s website.
0
3
81
7
0
91
0
10
20
30
40
50
60
70
80
90
100
Mortgage Lender CRA Ratings
3
7
27
0 0
0
5
10
15
20
25
30
Bank & Credit Union CRA Ratings
2022 ANNUAL REPORT
31
Cyber/IT/Fintech
Cyber threats remain a menace to the safety and soundness of our supervised institutions and society at large. The
Division’s Cyber/IT/Fintech Unit continues to work directly with the financial industry to help strengthen the resilience and
security of the financial sector as well as the confidentiality and integrity of Massachusetts residents’ financial
information. This work includes continuous collaboration with other state and federal bank regulators, and numerous cyber
threat exchange groups that monitor local, national, and global threats. Massachusetts is not an island when it comes to
exposure to cyber threats and maintaining these relationships is paramount to ensuring continued vigilance and
awareness. Maintaining an appropriate level of vigilance and awareness also involves continuous training of Division
staff. To address the growing threat environment, the Cyber/IT/Fintech Unit continues to work to expand and update
examination procedures for non-depository institutions and to evaluate risks posed by third parties, especially managed
service providers (MSPs).
Ransomware also continues to present a major threat to Massachusetts consumers, businesses, and the financial
industry. Bad actors continue to routinely steal confidential information in advance of deploying ransomware. In more
recent attacks, bad actors have chosen to bypass the deployment of ransomware and instead extort victims with the release
of stolen data if payment demands are not met. The Division has engaged in ransomware-related outreach initiatives and
focused a great deal of effort around the Conference of State Bank Supervisors (CSBS) Ransomware Self-Assessment
Tool (RSAT). Our agency collaborated with a task force of bankers from across the U.S., other state financial regulators,
and the United States Secret Service to develop the Ransomware Self-Assessment Tool. This tool helps institutions identify
and close gaps in their IT environment. In recognition of the changing threat landscape and evolutions in institution controls
since its original release, the Division continues to work with these groups to update and enhance the RSAT, a revised
version of which is expected to be released later in 2023.
Unfortunately, cybercrime is a lucrative, global industry; threats arising from bad actors against the financial sector can be
expected for the foreseeable future. The agency’s Cyber/IT/Fintech Unit continues to monitor the direction of these threats
and to address the mitigation of cyber and IT risks to our supervised institutions and the customers they serve.
MASSACHUSETTS DIVISION OF BANKS
32
Legal Unit
The Legal Unit provides legal advice and representation to the Commissioner of Banks and Division. Representation and
advice is given on matters related to the regulation of the Division’s supervised financial institutions and licensees. The
Legal Unit drafts and coordinates all legislative and regulatory filings on behalf of the Division of Banks.
The Legal Unit reviews and responds to:
Applications submitted by regulated financial institutions
Requests for regulatory approvals submitted by regulated entities or attorneys
Requests for regulatory opinions submitted by regulated entities or attorneys
2022 ANNUAL REPORT
33
Major Depository Corporate
Transactions
There were 16 major corporate transactions consummated in 2022.
Nine transactions involved mergers which resulted in the reduction of one savings bank, one
co-operative bank, one trust company, and two credit unions.
Two savings banks completed reorganizations into a mutual holding company structure. One
other savings bank was approved in 2022 to reorganize into the mutual holding company
structure in a transaction with an effective date of January 1, 2023.
Three savings banks converted to trust companies by operation of law.
One mutual co-operative bank converted to a stock co-operative bank.
A co-operative bank purchased certain assets and assumed certain liabilities of a trust
company.
Bank Transactions
In 2022, there were four bank merger transactions, three of which reduced the number of Massachusetts state-chartered
banks and three savings banks converted by operation of law to trust companies. At year end, there were 43 savings banks,
32 co-operative banks, 16 trust companies, and 2 limited purpose trust companies.
Mergers
Envision Bank, Randolph merged with and into Abington Bank, Abington effective October 7, 2022.
Foxboro Federal Savings, Foxboro merged with and into Norwood Co-operative Bank, Norwood effective
December 12, 2022.
1
Northmark Bank, North Andover merged with and into Cambridge Trust Company, Cambridge effective
October 1, 2022.
Patriot Community Bank, Woburn merged with and into East Cambridge Savings Bank, Cambridge,
effective July 31, 2022.
Reorganization into Mutual Holding Company Structure
Adams Community Bank, Adams reorganized into a mutual holding company structure, Community
Bancorp of the Berkshires, MHC, with a mid-tier holding company, Community Bancorp of the Berkshires,
Inc., effective January 1, 2022.
North Brookfield Savings Bank, North Brookfield reorganized into a mutual holding company structure,
TruNorth Bancorp, with a mid-tier holding company, TruNorth Bancorp, Inc. effective January 1, 2022.
Institution for Savings in Newburyport and its Vicinity, Newburyport was approved to reorganize into a
mutual holding company structure, IFS 1820 Bancorp, MHC on December 15, 2022. The reorganization
was completed with an effective date of January 1, 2023.
2
1
Norwood Co-operative Bank changed its name to OneLocal Bank effective April 24, 2023.
2
Due to an effective date occurring on January 1, 2023, the mutual holding company reorganization for Institution for Savings in Newburyport and its
Vicinity was excluded from the number of major corporate transactions reported for the 2022 calendar year and therefore is being included in the number
of corporate transactions reported for 2023.
MASSACHUSETTS DIVISION OF BANKS
34
Conversion to Trust Company by Operation of Law
Middlesex Savings Bank, Natick converted from a Massachusetts state-chartered savings bank to a
Massachusetts state-chartered trust company by operation of law effective March 1, 2022. The Bank
continues to operate as Middlesex Savings Bank and remains in a mutual holding company structure as a
wholly owned subsidiary of Middlesex Bancorp, MHC.
Salem Five Cents Savings Bank, Salem converted from a Massachusetts state-chartered savings bank to
a Massachusetts state-chartered trust company by operation of law effective September 30, 2022. The
Bank continues to operate as Salem Five Cents Savings Bank and remains in a mutual holding company
structure as a wholly owned subsidiary of Salem Five Bancorp.
The Cape Cod Five Cents Savings Bank, Hyannis, converted from a Massachusetts state-chartered
savings bank to a Massachusetts state-chartered trust company by operation of law effective December
16, 2022. The Bank continues to operate as The Cape Cod Five Cents Savings Bank and remains in a
mutual holding company structure as a wholly owned subsidiary of Cape Cod Five Mutual Company.
3
Mutual Bank Conversion to a Stock Bank
Everett Co-operative Bank, Everett converted from a mutual bank to a stock bank effective July 27, 2022.
The stock bank is a wholly owned subsidiary of ECB Bancorp, Inc., a stock holding company that was
established in connection with Everett Co-operative Bank’s conversion to stock form.
Bank Holding Company Acquisition
Brookline Bancorp, Inc., Boston acquired PCSB Financial Corporation, Yorktown Heights, New York, the
holding company for PCSB Bank, Brewster, New York effective 1/1/23.
4
Brookline Bancorp, Inc. is the
holding company for Brookline Bank, Brookline, Massachusetts; Bank Rhode Island, Providence, Rhode
Island; and PCSB Bank, Brewster, New York.
Purchase and Assumption
Needham Bank, Needham purchased certain assets and assumed certain liabilities which related primarily
to the deposits of cannabis-related business and money service business customers of Eastern Bank, Boston,
Massachusetts on April 1, 2022.
Name Change
The Provident Bank, Amesbury changed its name to BankProv effective August 16, 2022.
3
Cape Cod Five Mutual Company changed its name to Mutual Bancorp on June 7, 2023.
4
Due to an effective date occurring on January 1, 2023, this bank holding company acquisition was excluded from the number of major corporate
transactions reported for the 2022 calendar year and therefore is being included in the number of corporate transactions reported for 2023.
2022 ANNUAL REPORT
35
Credit Union Transactions
There were five credit union mergers, two of which reduced the number of Massachusetts state-chartered credit unions
form 53 to 51 during the year. Two Massachusetts state-chartered credit unions merged with and into other Massachusetts
state-chartered credit unions. Three federally chartered credit unions merged with and into Massachusetts state-chartered
credit unions.
Mergers
Holyoke Postal Credit Union, Holyoke merged with and into Holyoke Credit Union, Holyoke effective
June 30, 2022.
Lynn Municipal Employees Credit Union, Lynn merged with and into St. Jean’s Credit Union, Lynn
effective September 1, 2022.
Peabody Municipal Federal Credit Union, Peabody merged with and into Energy Credit Union, West
Roxbury effective October 1, 2022.
Premier Source Federal Credit Union, East Longmeadow merged with and into Polish National Credit
Union, Chicopee effective June 1, 2022.
Revere Municipal Employees Federal Credit Union, Revere merged with and into St. Jean’s Credit
Union, Lynn effective April 1, 2022.
MASSACHUSETTS DIVISION OF BANKS
36
Legislative Summary
Legislation Signed into Law
Extension of Telephonic Counseling and Video Conference Counseling for Certain Reverse
Mortgage Applicants
Chapter 22 of the Acts of 2022, An Act Making Appropriations for the Fiscal Year 2022 To
Provide for Supplementing Certain Existing Appropriations and for Certain Other Activities
and Projects and Chapter 107 of the Acts of 2022, An Act Relative to Extending Certain
State of Emergency Accommodations
Chapter 65 of the Acts of 2020 (Chapter 65) amended the reverse mortgage provisions at G.L. c. 167E, s.
7A and G.L. c. 171, s. 65C½, which set forth a requirement for in-person third party counseling for
prospective borrowers below applicable income and asset thresholds. Chapter 65 provided that the
counseling for reverse mortgage applicants could also take place via synchronous, real-time video
conference (video conference) or by telephone. These two additional options for counseling were in effect
from 4/20/20 until the end of the State of Emergency on 6/15/21. Chapter 20 of the Acts of 2021 (Chapter
20), which was signed into law on 6/16/21, amended Chapter 65 to extend the deadline for the telephonic
counseling and video conference counseling options until 12/15/21. Chapter 22 of the Acts of 2022, which
was signed into law on 2/12/22, authorized reverse mortgage applicants to utilize telephonic counseling
and video conferencing options until 7/15/22. Subsequently, Chapter 107 of the Acts of 2022, which was
signed into law on 7/16/22, further extended the deadline to utilize telephonic counseling and video
conference counseling options until 3/31/23. Note: Chapter 2 of the Acts of 2023 further extended this
deadline to utilize telephonic counseling and video conference counseling options until 3/31/24.
Licensure Simplification
Chapter 415 of the Acts of 2022, An Act Relative to Licensure Simplification
The purpose of Chapter 415 of the Acts of 2022 (Chapter 415) is to eliminate certain duplicative licensing
requirements relative to the purchase of motor vehicle contracts. Specifically, Chapter 415 amends G.L. c.
140, s. 96, regarding licensure by the Division as a small loan company, to provide that this licensure
requirement shall not apply to any transactions engaged in pursuant to a license granted under G.L. c.
255B, s. 2, relative to licensure by the Division as a motor vehicle sales finance company. Chapter 451
relates to licensing requirements when a consumer trades in a motor vehicle that has “negative equity” and
rolls that balance into the financing for their next motor vehicle. Where the balance owed on a trade-in
vehicle is greater than the value of the vehicle itself, this negative amount is often referred to as “negative
equity.” When a consumer with “negative equity” on their vehicle seeks to trade in their existing vehicle
when they purchase and finance their next vehicle, the “negative equity” (i.e., the amount still owed on the
trade-in motor vehicle to the existing creditor) can be paid off and then added into the total amount financed
as part of the consumer’s purchase of the next vehicle. Prior to passage of Chapter 415, the Massachusetts
small loan law considered the paying off of the existing debt and the extension of credit to purchase the
next vehicle to be separate transactions for licensing purposes under G.L. c. 140, s. 96. The small loan
statute, G.L. c. 140, s. 96 governs consumer loans under $6,000 and with an interest rate over 12%. In
part, the small loan law requires a license from the Commissioner of Banks before engaging in the business
of making loans that fall within the statute (with some exceptions as provided in the statute). Engaging in
the business of making small loans includes buying loans that fit within the small loan parameters. Several
years ago, the Division issued Opinion No. 17-003, which held that the small loan law requires all those
engaged in the business of purchasing contracts with negative equity financing coming within the
parameters of the small loan statute to obtain a small loan license from the Division – including those who
are already licensed by the Division as motor vehicle sales finance companies under G.L. c. 255B. In short,
Chapter 415 created an exemption from the small loan licensure statute in order to avoid the requirement
of maintaining two licenses from the Division for the single activity of purchasing such motor vehicle
contracts.
2022 ANNUAL REPORT
37
Legislative Testimony Provided during the
2022 - 2023 Legislative Session
The Division provided written testimony to the House Committee on Ways and Means on the following bill:
House 4550, An Act Relative to the Regulation of the Business of Domestic and Foreign Money
Transmission by the Division of Banks – May 17, 2022.
MASSACHUSETTS DIVISION OF BANKS
38
Regulations
The Division amended the following regulation in 2022:
209 CMR 42.00: The Licensing of Mortgage Lenders and Mortgage Brokers
The Division’s regulation at 209 CMR 42.00: The Licensing of Mortgage Lenders and Mortgage Brokers
was amended as follows: (1) to update the definition of “mortgage broker” to provide clarity regarding which
activities by entities that provide information regarding prospective borrowers, known as lead generators,
would require licensure; (2) to add a new section regarding licensure exemptions; and (3) to add two
definitions to the regulation that were added to G.L. c. 255E pursuant to Chapter 228 of the Acts of 2018.
These two definitions added a new mortgage licensing exemption for bona fide nonprofit affordable
homeownership organizations and also clarified the existing mortgage licensing exemption for
instrumentalities of the United States or any state. There are other technical updates to the regulations as
well. The final amendments became effective on 5/27/22.
The Division has twenty-one effective regulations:
209 CMR 18.00
209 CMR 41.00
209 CMR 50.00
209 CMR 20.00
209 CMR 42.00
209 CMR 53.00
209 CMR 26.00 209 CMR 43.00 209 CMR 54.00
209 CMR 31.00
209 CMR
45.00
209 CMR 55.00
209 CMR 32.00 209 CMR 46.00 209 CMR 56.00
209 CMR 33.00
209 CMR 48.00
209 CMR 57.00
209 CMR 40.00
209 CMR 49.00
209 CMR 58.00
2022 ANNUAL REPORT
39
Regulatory Bulletins
The Division amended the following five Regulatory Bulletins in 2022:
Banks, Credit Unions, and Licensees:
Regulatory Bulletin 1.1-101: Examination Policy – Effective 10/7/22:
The amendments to Regulatory Bulletin 1.1-101: Examination Policy update this Bulletin to formalize the Division’s
position that the recording of examination exit and board meetings by any means by banks, credit unions, licensees,
and registrants is strictly prohibited.
Banks and Credit Unions:
Regulatory Bulletin 2.1-104: Branch Office Notice and Application Procedures – Effective 10/7/22:
The amendments to Regulatory Bulletin 2.1-104 reflect changes to M.G.L. c. 171 set forth in Chapter 338 of the
Acts of 2020 (Credit Union Modernization). While amending this Bulletin for Credit Union Modernization, the
Division also made additional updates to clarify certain requirements, as set forth below.
The updates reflecting the amendments in Credit Union Modernization are as follows:
Credit Union Investment in Fixed Assets: Amended this Bulletin to reflect that if a credit union’s investment
in a proposed branch results in the credit union’s aggregate investment in fixed assets for the transaction
of its business to exceed 5% of shares and retained earnings as set forth in M.G.L. c. 171, s. 75, the credit
union must submit a separate request for approval from the Division as part of its branch notice letter. Prior
to enactment of Credit Union Modernization, if a credit union intended to invest more than $1 million in land,
building, improvements and equipment, the credit union would have to provide notice to the Commissioner
pursuant to 209 CMR 50.06(3)(e).
Reduced Fee for Banks Establishing a Branch: Changed the amount of the fee that banks must pay to
establish a branch to $500. Now both banks and credit unions seeking to establish a branch are required
to pay the same fee of $500. (The fee for the establishment of a bank branch formerly was $1,000.)
Other updates to this Bulletin include a clarification regarding exclusive leases, what constitutes a relocation, and
notice procedures, as follows:
Exclusive Leases: Amended this Bulletin to specifically refer to the Division’s Regulatory Bulletin 2.2-103:
Insider Transactions for the Division’s position regarding exclusive leases and other restrictive agreements.
Relocations: Amended this Bulletin to clarify that a relocation also applies if a bank or credit union is moving
the premises of a branch or its main office to a different location at the same address, and the process for
such relocation.
Notice Procedures: Amended this Bulletin to clarify certain notice provisions, including the following:
Clarifying the requirements of submitting a letter notice to establish a branch office to the Division;
Clarifying that public notice is required for a bank or credit union to close a branch office; relocate a
branch office; and to establish a branch through a purchase and assumption of another bank; and
Adding a provision that comments can also be submitted to the Division’s electronic address for
comments at dob.comments@mass.gov.
Additional updates: Amended this Bulletin to add certain information to be submitted with a bank or credit union’s
notice or application.
MASSACHUSETTS DIVISION OF BANKS
40
Regulatory Bulletin 2.1-106: Guidelines for “18-65” Accounts for Banks and Credit Unions –
Effective 10/7/22:
For several decades, state-chartered banks had been required to offer certain checking and savings accounts to
individuals 18 years old and younger and to individuals 65 years and older, known as 18-65 accounts, most recently
pursuant to G.L. c. 167D s. 5 and Regulatory Bulletin 3.3-101. Credit Union Modernization made similar provisions
regarding 18-65 accounts applicable to state-chartered credit unions in new G.L. c. 171, s. 32B. The updates to
newly issued Regulatory Bulletin 2.1-106 make so-called 18-65 requirements generally applicable to credit
unions. Note: The former Regulatory Bulletin 3.3-101: Guidelines for “18-65” Accounts (for banks only) was
rescinded on 10/7/22.
Credit Unions:
Regulatory Bulletin 4.1-104: Amending By-Laws in Regard to Credit Union Membership – Effective
10/7/22:
Regulatory Bulletin 4.1-104: Amending By-Laws in Regard to Credit Union Membership was amended to reflect
changes set forth in Chapter 338 of the Acts of 2020 (Credit Union Modernization).
The main amendments pursuant to Credit Union Modernization included the following:
Amended this Bulletin to reflect that credit unions may now limit in their bylaws the number of employees
who may serve on the credit union’s board of directors pursuant to G.L. c. 171, s. 12;
Amended this Bulletin to reflect that the Commissioner’s approval is no longer necessary for amendments
to the bylaws in order to change the credit union’s name or location of a branch pursuant to G.L. c. 171, s.
10. Note: A credit union must still receive the written consent of the Commissioner to change the location
of its main office under G.L. c. 171, s. 8. In addition, Division requests that a credit union seeking to change
its name, or use a d/b/a, send a courtesy notification to the Division; and
Amended this Bulletin to reflect that a credit union now has the option of amending its bylaws to authorize
members to vote by electronic means in annual and special meetings. There are additional related
amendments authorizing such voting for those present or otherwise participating and entitled to vote on the
specific matters pursuant to G.L. c. 171, s. 11.
2022 ANNUAL REPORT
41
Consumer Protection Regulatory Bulletins:
Regulatory Bulletin 1.3-104: Counseling and Opt-In Requirements for Subprime Adjustable Rate
Mortgage Loans Made to First Time Home Loan Borrowers – Effective 11/23/22
The Division issued an updated Regulatory Bulletin 1.3-104 Counseling and Opt-In Requirements for Subprime
Adjustable Rate Mortgage Loans Made to First Time Home Loan Borrowers to replace the index used to determine
when an adjustable or variable rate mortgage loan is defined as subprime and to clarify additional provisions in the
regulatory bulletin. The purpose of this Regulatory Bulletin is to provide a standard for determining when an
extension of credit with an adjustable or variable rate of interest made to a first-time home loan borrower and
secured by a mortgage lien on the borrower’s residential property qualifies as a subprime mortgage loan and
triggers the counseling and opt-in requirements set forth in General Laws chapter 184, section 17B½. Following is
a summary of the main amendments.
Definitions:
There are two main amendments to the definitions in Section 2 of the Regulatory Bulletin:
The addition of a definition for “Average Prime Offer Rate” (APOR), which refers to the values published
by the Bureau of Consumer Financial Protection (CFPB) for the average prime offer rate (APOR) for a
comparable transaction; and
Amends “Fully Indexed Rate” to have the same meaning as found in 12 C.F.R. 1026.43(b)(3).
Policy:
In Section 3, there are three references to the benchmark interest rate for determining when a first or second
lien adjustable or variable interest rate mortgage loan would be defined as subprime was based upon the
value of the U.S. Treasury index for securities having comparable periods of maturity as of the 15
th
day of
the month immediately preceding the month in which the application for the extension of credit was received
by the creditor. In all three provisions, this reference to U.S. Treasury securities is replaced with the value
of the APOR applicable to a comparable mortgage transaction and in effect as of the date the interest rate
for the transaction is set.
The main amendments with regard to counseling and opt-in requirements are as follows:
Added a provision that compliance with the pre-loan counseling requirements of 12 C.F.R.
1026.34(a)(5), where the counseling has been provided in person, shall be deemed to fulfill the
counseling requirements of this paragraph.
Added a provision that if more than one borrower is applying for the mortgage loan and one or more of
the co-borrowers has previously purchased a residential property, only the co-borrower(s) who is
purchasing a residential property for the first time is required to obtain a written certification regarding
receipt of the in-person counseling. However, each co-borrower, regardless of status as a first-time
home loan borrower, must provide a written statement to affirmatively opt in for the variable or
adjustable rate subprime mortgage loan.
MASSACHUSETTS DIVISION OF BANKS
42
Staff List
As of 12/31/2022
William Adams
Kevin Adamson
Joseph Agnello
Akwasi Agyemang
John Allen
Tayana Antin
Beverley Ashby
Shawna Avey
James Barrett
Ruth Barry
Benedic Beaulieu
Richard Becker
Cynthia Begin
Denise Beighley
Daniel Bennett
Heather Bennett
Giovanni Benson
Jay Bienvenu
Betty Boakye
Jean Boustany
Karen Brown
Virginia Buckley
Nicole Bullock
Harry Burgess
Corey Burrows
Christopher Buzzell
Gustavo Cabarcas
Isabelle Campanini
Valerie Carbone
Michael Carey
Marjorie Catanoso
Holly Chase
Justin Chi
Andrea Cipolla
Ann Cobleigh
Michael Collins
Alex Connors
Christopher Cook
Adam Costoplus
Alannah Crowley
Kevin Cuff
Maureen Cunningham
Robert Delling
Sean Dempsey
Aimee Desai Kehoe
Joseph DeStefano
Jennifer DeWitt
Valentina Dimunah
Harkeem Dixon
Kelly Donohue
Marc Dorval
Richard Dumais
Thomas Dumont
Chris Dupont
Brian Dupuis
Christina Durodola
Kelly Enos
Joshua Faulkner
Brendan Fitzgerald
Christine Frodema
Tammy Gaffey
Mary Gallagher
Merrily Gerrish
Paul Gibson
Donna Gill
Otilia Gomes
Jared Gordon
Christian Greve
Anita Grieco
Colm Hamill
Amanda Hastry
Jennifer Haynes
Caroline Heffernan
Michael Hensler
Seth Hersey
Wesley Ho
Elizabeth Hopkinson
Katherine Hopkinson
Mulugheta Isayass
Martin Jewett
Hitaishi Jhaveri
Pamela Kaufman
Barbara Keefe
John Kelley
Audrey Kelly
Nicholas Lattarulo
Joshua Leyden
Michele Lindenmuth
Wen Lomas-Tham
Amanda Loring
Andrew Lowney
Richard Luchini
Ezekiel Luhigo
Steve Maldonado
Mary Ann Manning
Kaylee Martin
Bertram Martins
MonaLisa McLaren
Joseph McManus
Margaret Mezzetti
Christopher Miles
Brenda Miller
Janet Miller
Julie Mitchell
Marisol Monzon
Brian Morecraft
Cole Moriarty
Christopher Morrison
Ales Norsky
Shawn O'Brien
Stephen O'Brien
Liam O'Driscoll
Daniel O'Leary
Andrew Papalegis
Richard Park
Andrea Perez
Christopher Pope
Corwin Proffitt
Brittany Pulford
Mary Ellen Quirk
Denisse Reyes
Saul Rivas
Mayte Rivera
Timothy Roberts
Melissa Ross
Nicholas Ross
Nelia Sales
Christopher Shea
Mark Sheehan
Gregory Short
Matthew Spence
Kevin St. Onge
Gregory Stevens
Kristin Strycharz
Wei-Kwan Tam
Herb Tanner
Jennifer Tigano
Matthew Troy
Keith Vaidya
Diana Wambui
Samuel Wangombe
Paul Ward
Lynn Washburn
Irene Weydt
Allison Whalen
Kimberly Whalen
Christopher Williams
Kimberly Wood-Grazulis
Garrett Young
2022 ANNUAL REPORT
43
Appendix I: Cooperative Banks
MASSACHUSETTS DIVISION OF BANKS
44
Abington Bank
6 Harrison Avenue
Abington, MA 02351
Telephone: 781-878-0045
Fax: 781-878-9764
Branches:
1 East Main Street, Avon, MA 02322-1413
1 Rockdale Street, Braintree, MA 02184
40 South Main Street, Cohasset, MA 02025-1801
800 Chief Justice Cushing Way, Cohasset, MA 02025
95 North Franklin Street, Holbrook, MA 02343-0304
350 Front Street, Marion, MA 02738
129 North Main Street, Randolph, MA 02368
497 Washington Street, Stoughton, MA 02072
87 Sharon Street, Stoughton, MA 02072
Officers:
Andrew J. Raczka, President & CEO
Nancy Curry, Executive Vice President, Senior Commercial Lending Officer
Patrick Waters, Senior Executive Vice President
Gilbert Ehmke, Senior Executive Vice President & CFO
Nicole Smith, Vice President, Compliance
Michael Fitzgerald, Vice President, IT Officer
Directors/Trustees:
Carolyn A. Burbine Robert Curran, Jr.
Paul G. Donlan Shaun Fitzgerald
Margaret Fredrickson James A. Gilpin
Kenneth K. Quigley Andrew J. Raczka
Christopher T. Sexton Elizabeth M. Stark
Paul J. Sullivan Angelo M. Tempesta
2022 ANNUAL REPORT
45
Bank of Easton, a Co-operative Bank
275 Washington Street
North Easton, MA 02356-1110
Telephone: 508-238-1000
Fax: 508-230-3004
Branches:
12 Robert Drive, South Easton, MA 02375
Officers:
John F. Morley, President & CEO
Jeanette Camara, Treasurer
Margaret Murray, Senior Vice President, Residential Lending
Peter Fresh, Branch Administrator
Directors/Trustees:
Craig Binney, Carolyn Carpentier
Kenneth J. Fernandes Hossein S. Kazemi
Mark Lombardi, John Ventresco
MASSACHUSETTS DIVISION OF BANKS
46
BankGloucester
160 Main Street
Gloucester, MA 01930
Telephone: 978-283-8200
Fax: 978-283-7283
Branches:
15 Martin St, Essex, MA 01929
143 High Street, Ipswich, MA 01938
Officers:
Patrick B. Thorpe, President & CEO
Dennis J. Doolin, Senior Vice President and Treasurer
Mark E. Grenier, Senior Vice President, Lending
Amy Mitchell, Vice President, Residential Lending
Patricia A. Natti, Vice President, Information Technology & ISO
Lisa Leahy, Vice President
Jessica Margiotta, Assistant Vice President & Commercial Operations Officer
Directors/Trustees:
Cynthia Cafasso Donaldson Dennis J. Doolin
James C Greely, IV Mark Hubbard
John P Judd, Julie Lafontaine,
Thomas M. Lattof Paul T. Muniz
Charles G. Nahatis, James M. Perry
Patrick B. Thorpe
2022 ANNUAL REPORT
47
Canton Co-operative Bank
671 Washington Street,
Canton, MA 02021
Telephone: 781-828-8811
Fax: 781-828-8815
Branches:
Officers:
Nicholas Maffeo, President & CEO
Laurie O'Leary, Senior Vice President & COO
Kelly Howard, Vice President and Controller
Anabela Vargas, Vice President & Senior Loan Officer
David DiFronzo, Commercial Real Estate Loan Officer
Directors/Trustees:
Daniel J. Erickson Alan Holbrook
Deborah Kreusch Nicholas Maffeo
Jeffrey S. Phaneuf William B. Russell
Stanley C. Taylor
MASSACHUSETTS DIVISION OF BANKS
48
Charles River Bank
70 Main Street,
Medway, MA 02053-1816
Telephone: 508-533-8661
Fax: 508-533-3850
Branches:
2 South Maple Street, Bellingham, MA 02019
88 Summer Street, Medway H.S., Medway, MA 02053
1 Hastings Street, Mendon, MA 01756
Officers:
Robert E. Leist, Senior Vice President & CFO
Theodosios Katsaros, Senior Vice President & Senior Commercial Lending Officer
Susan E. Correia, Senior Vice President & Chief Information Officer
Ann M. Sherry, Senior Vice President & Chief Customer Care & Marketing Officer
Cheryl A. Beauvais, Senior Vice President & Senior Retail Lending Officer
Derek Plourde, President & CEO
Directors/Trustees:
Peter L. Brunelli John S. Hamilton
Pia B. Jarret Stephen J. Kenney
Paul E. Rao James M. Reardon
Steven M. Richardson
2022 ANNUAL REPORT
49
Coastal Heritage Bank
195 Washington Street
Weymouth, MA 02188
Telephone: 781-796-6001
Fax: 781-337-3069
Branches:
744 Broad Street, East Weymouth, MA 02189
1165 Washington Street, Hanover, MA 02339
One Derby Street, Hingham, MA 02043
83 Summer Street, Kingston, MA 02364
560 Plain Street, Marshfield, MA 02050
259 Dyke Street, Marshfield, MA 02050
1 River Street, Norwell, MA 02061
30 Franklin Street, Quincy, MA 02169
72 Front Street, Scituate, MA 02066
50 Patriot Parkway Suite #1, Weymouth, MA 02190
Officers:
Robert W. Terravecchia, Jr., Chairman, President & CEO
Scott Ambroceo, Senior Vice President, Administration and Operations
Richard Crowley, Senior Vice President, Chief Information Officer
Mark A. D'Onofrio, Senior Vice President, Senior Loan Officer
James L. Golden, Senior Vice President, Retail Banking
Jamar Green, Senior Vice President of Compliance, CRA, and Fair Lending
Brian F. Madden, Senior Vice President, Residential & Consumer Lending
John Pelrine, Senior Vice President, Marketing Director
Maria Vafiades, Senior Vice President, Treasurer & CFO
Maria J. Traniello, Assistant Vice President, Executive Assistant/Marketing
Directors/Trustees:
Gary Blume, Paul J. Durgin,
Peter Finnegan, Paul Haley,
Robert E Haley, Jr David Leahy, Jr.
Maria Levin, Thomas McDonough,
David Pinkham, Joanne Pompeo,
Robert W. Terravecchia, Jr. A. Stephen Tobin,
MASSACHUSETTS DIVISION OF BANKS
50
Commonwealth Cooperative Bank
1172 River Street
Hyde Park, MA 02136-2917
Telephone: 617-364-6000
Fax: 617-361-5658
Branches:
25 Court Street, Boston, MA 02108
3815 Washington Street, Jamaica Plain, MA 02130
Officers:
Carol R. McClintock, Chairman, President & CEO
Robert Nelson, Executive Vice President & COO
William E. Smith, Senior Vice President, Lending
Mark A. McKinnon, Senior Vice President, Technology
Migena Garcia, Treasurer
Raphael Barruos, Vice President, Retail Banking
Directors/Trustees:
Vicki C. Balsamo, Leo H. Bonarrigo,
Andrew H Kara, J. Kevin Leary
Carol R. McClintock John A Pulgini,
2022 ANNUAL REPORT
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Dean Co-operative Bank
21 Main Street
Franklin, MA 02038-0307
Telephone: 508-528-0088
Fax: 508-541-5687
Branches:
411 Pulaski Blvd., Bellingham, MA 02019
8 Main Street, Blackstone, MA 01504
32 Hastings Street - Route 16, Mendon, MA 01756
Officers:
Kevin R. Goffe, President & CEO
Michelle R. Fairweather, Senior Vice President, Treasurer & CFO
Nancy J. Davidge, Senior Vice President, Chief Retail Officer
Michael Browne, Senior Vice President, Chief Information Officer
Joan E. Moran, Senior Vice President, Chief Lending Officer
Michael Carroll, Senior Vice President, Marketing
Diana Goncalves, Vice President, Operations Officer
Americo A. Pinheiro, Vice President, Compliance & Risk Management Officer
Mary Miller, Assistant Vice President, Data Processing Manager
Directors/Trustees:
Peter A. Baglioni James F. Daddario, Sr.
James P. Ginley Kevin R. Goffe
Christine Molla Curtis P. Patalano
Daniel J. Ranieri John P. Vignone,
MASSACHUSETTS DIVISION OF BANKS
52
Everett Co-operative Bank
419 Broadway
Everett, MA 02149-3486
Telephone: 617-387-1110
Fax: 617-387-3167
Branches:
771 Salem Street, Lynnfield, MA 01940
Officers:
Richard J. O'Neil, Jr., Esq., President & CEO
John Citrano, Executive Vice President, COO/CFO
John Migliozzi, Executive Vice President, Chief Lending Officer
Joseph D. Keohane, Executive Vice President
Brandon Lavertu, Senior Vice President, Chief Accounting Officer
Carmela Vitale, Senior Vice Presient and Treasurer
Karen L. Chasse, Senior Vice President, Compliance Officer
Emily M. Cieri, Senior Vice President, Senior Credit Officer
Karima Filali, Senior Vice President, Senior Credit Officer
Cary Lynch, Senior Vice President, Head of Retail Banking
Robert Kaminer, Senior Vice President
Lawrence Broderick, Senior Vice President, Director of Government Banking
Erica L. Barney, Vice President, Retail Project Manager
William Ryan, Assistant Vice President, Information Technology
Directors/Trustees:
Paul A. Delory, Esq. Elizabeth P. Jones
Dennis J. Leonard Richard J. O'Neil, Jr., Esq.
Joseph Sachetta Susan Sgroi
Marjorie A. White
2022 ANNUAL REPORT
53
Fidelity Co-operative Bank
9 Leominster Connector
Leominster, MA 01453
Telephone: 978-870-1400
Fax: 978-343-2021
Branches:
56 Common Street, Barre, MA 01005-0940
130 Whalon Street, Fitchburg, MA 01420
6 City Hall Avenue, Gardner, MA 01440-0338
75 Main Street, Leominster, MA 01453
16 South Main Street, Millbury, MA 01527
129 Chestnut Street, Needham, MA 02492
713 Pleasant Street, Paxton, MA 01612-1997
206 Worcester Road, Route 31, Princeton, MA 01541
21 Main Street, Shirley, MA 01464-0695
1 School Square, Winchendon, MA 01475
153 Front Street, Worcester, MA 01608
465 Shrewsbury Street, Worcester, MA 01604
Officers:
Edward F. Manzi, Jr., Chairman & CEO
Christopher W. McCarthy, President & COO
Nancy E. Coyle, EVP & Chief Financial Officer
Joann Marsili, EVP, Chief Marketing & Digital Experience Officer
Brad Kirlin, SVP & Chief Technology Officer
Sheila King-Goodwin, SVP & Chief Community Banking Officer
Joseph Silva, SVP & Chief Lending Officer
Barbara Yanke, SVP, Director of Residential Lending
Jennifer Ledoux, SVP, Senior Compliance and Risk Officer
Deborah Sendrowski, SVP, Human Resources Director
Sheila Julien, SVP, Director of Innovation and Optimization Lab
Directors/Trustees:
John Allen Winfield Brown
Janet S. Chambers Brian Cirelli
Alvin B. Collins Ronald J. LeBlanc
Patricia Leonhardt Edward F. Manzi, Jr.
Ronald L. Marchetti Maureen Marshall
Edward J. McLaughlin C. Deborah Phillips
Mary Ritter Ronald L. Salois
Dean R. Sweeney
MASSACHUSETTS DIVISION OF BANKS
54
Greenfield Co-operative Bank
63 Federal Street
Greenfield, MA 01301
Telephone: 413-772-0293
Fax: 413-773-3808
Branches:
390 College Street, Amherst, MA 01002
6 Main Street, Florence, MA 01062
277 Federal Street, Greenfield, MA 01301
67 King Street, Northampton, MA 01060
144 Main Street, Northfield, MA 01360
33 Bridge Street, Shelburne Falls, MA 01370
487 Newton Street, South Hadley, MA 01075
18 Amherst Road, Sunderland, MA 01375
176 Avenue A, Turners Falls, MA 01376
Officers:
Anthony J. Worden, President & CEO
Brandon S. Lively, , Executive Vice President
Mary J. Rawls, Executive Vice President
Lisa D. Kmetz, Executive Vice President
Michael F. Turley, Executive Vice President & CFO
Christopher P. Caouette, , Senior Vice President
Jeremy Payson, Senior Vice President and Controller
Michael P. Buckmaster, , Senior Vice President
Jane H. Wolfe, Senior Vice President
Sean S Sormanti, , Senior Vice President
Kevin Bowler, , Senior Vice Preseident
Directors/Trustees:
William A. Dufraine, Susan G. Fentin, Esq.
Keith C. Finan, JoAnne J. Finck,
Nancy A. Fournier, CPA Daniel F. Graves, Esq.
Eugene A. L'Etoile, Robb D. Morton, CPA
Kevin J. O'Neil, Josiah J. L. Simpson, Jr.
Michael E. Tucker, Esq. Robert L. Underhill,
Peter J. Whalen, Anthony J. Worden
2022 ANNUAL REPORT
55
Haverhill Bank
180 Merrimack Street
Haverhill, MA 01830-6167
Telephone: 978-374-0161
Fax: 978-556-4258
Branches:
163 South Main Street, Haverhill, MA 01835-7438
1094 Main Street, Haverhill, MA 01830
137 Monument Street, Haverhill, MA 01832
Whittier RVTHS,115 Amesbury Line Rd, Haverhill, MA 01830
6 West Main Street, Merrimac, MA 01860
396 Main Street, Salem, NH 03079
281 Main Street, West Newbury, MA 01985
Officers:
Thomas L. Mortimer, Chairman, President & CEO
Gregory Shaw, Executive Vice President & COO
Charlette M. Weeden, Senior Vice President, Treasurer & CFO
Lise Zapatka, Senior Vice President, IT, Operations, Marketing, and Retail
John P. Teoli, Senior Vice President, Senior Lender
Harry J. Korslund, III, Senior Vice President, Senior Commercial Loan Officer
Glenn W. Strauss, Senior Vice President, Commercial Lending Market Manager
Duncan O. Clark, Vice President, Retail Branch Administrator
Erin M. Daley, Vice President, Mortgage Originator
Paul M. Frank, Vice President, Branch Manager
Thomas O. Faulkner, Vice President, Mortgage Originator
Elizabeth Cronin, Vice President, Compliance & BSA Officer
Nicole A. Moses, Vice President, Senior Credit Analyst
Kelly C. Quevillon, Vice President, Operations
Deven M. Robinson, Vice President, Executive Administration
Lisa M. Sullivan, Vice President, Residential Production Manager
Angelita Martinoli, Vice President, Human Resources
James P. Henebry, Vice President, Commercial Loan Officer
Alan M. Collopy, Vice President, Information Technology
Stanley R. Ward, Vice President, Loan Servicing
Kristina M. Parkhurst, Assistant Vice President, Accounting
Sherry L. Pruyn, Assistant Vice President, Mortgage Originator
Marcos C. Melo, Assistant Vice President, Branch Manager
Ana P. Gonzalez, Assistant Vice President, Branch Manager
Directors/Trustees:
Paul M. Accardi Joseph J. Bevilacqua
Mary E. Carrington Stuart B. Davis
William S. Faraci, Esq. Dana A. Fields
Thomas L. Mortimer Kristin M. Murphy
Christos S. Papaefthemiou Richard J. Sheehan, Jr., Esq.
MASSACHUSETTS DIVISION OF BANKS
56
Hometown Bank
31 Sutton Avenue
Oxford, MA 01540-1775
Telephone: 508-987-1200
Fax: 508-987-6734
Branches:
90 Exchange Street, Athol, MA 01331
569 Southbridge Street, Auburn, MA 01501
13 Canterbury Road, Brooklyn, CT 06234
3 Central Street, Danielson, CT 06239
9 Sack Boulevard, Leominster, MA 01453
109 Elm Street, Millbury, MA 01527-0151
835 Riverside Drive, N. Grosvenordale, CT 06255
182 Main Street, Putnam, CT 06260
131 Main Street, South Lancaster, MA 01523
331 Main Street, Sturbridge, MA 01566
4 Gore Road, Webster, MA 01570
218R Main Street, Webster, MA 01570
148 Route 171, Woodstock, CT 02681
1001 Millbury Street, Worcester, MA 01607
270 Grove Street, Worcester, MA 01605
2022 ANNUAL REPORT
57
Officers:
Robert J. Morton, President & CEO
Gilbert F Ehmke, , SEVP/CFO and Treasurer
Bozena Dabek, , EVP, Chief Administrative Officer and Risk Management Officer
Lynn M Starr, , EVP, Chief Information Officer and Information Security Officer
Michael P. Mahlert, EVP & Senior Loan Officer
Randall J Gage, , EVP and Chief Credit Officer
Dena M Hall, , EVP, Chief Marketing Officer
Michelle L Kile, , SVP, Retail Banking
Bonny Dattis, , SVP Human Resources
Norma Collins, , SVP Operations
Katie Moar, , SVP Loan Servicing
Maryann Geiger, , SVP Bank Operations
Lynne Feiz, , SVP Corporate Communications
Kevin Higginbottom, , SVP Commercial Loan Officer
Shawn McNerney, , SVP Commerical Loan Officer
Karen Yancik, , SVP Compliance Officer
John Mattison, VP Senior Commercial Credit Officer & Reg O Officer
Ryan Stolle, , VP Government Banking
Jane Loranger, , VP Commercial Lending
Christine Lucier, , VP Branch Officer
Thomas Donohue, , VP Commercial Loan Officer
Erin Joyce, , VP Special Assets
Christina DiRusso, , VP Commercial Loan Officer
William Kerrisey, , VP Commercial Loan Officer
Kathryn Latour, , VP Security & Fraud Risk Officer
Sharon Mahlert, , VP, Learning and Development
Deanna L. Mills, , VP, Commerical Lending and Business Development Coordinator
Patricia Cramm, , VP Facilities
Joel Laureano, , AVP Branch Officer
Maria Thomas, , AVP Branch Officer
Kaleen Burley, , AVP Loan Servicing
Cassandra S Day, , AVP Controller
Marc Ostberg, , AVP Branch Manager
Tina Puzo, , AVP Branch Manager
Donna Daigle, , AVP Branch Manager
Susan Rheault, , AVP, Operations Supervisor
Anthony A. Marini, , AVP, Branch Manager
Nancy Roberts, , AVP, Branch Manager
Jo-Ann Bussiere, , AVP Branch Officer
Kelly Roy, , AVP CLA Supervisor
George Dimoupolos, , AVP Branch Officer
Alison Tower, , AVP Compliance
Sabrina Grillo, , Security and Fraud Officer
Susan Collins, , Cash Management Officer
MASSACHUSETTS DIVISION OF BANKS
58
Directors/Trustees:
Peter Deary Steven H. Duvarney
Julie A. Fitton Brian Galonek
Michael J. Grenon Henry J. LaMountain, Sr.
Helder Machado Kevin Mack
Robert J. Morton Sam S. Pappas
Michael D. Stowe David E. Surprenant
56
2022 ANNUAL REPORT
59
Mechanics Cooperative Bank
316 Broadway,
Taunton, MA 02780-1834
Telephone: 508-823-7744
Fax: 508-880-3928
Branches:
72 Main Street, Bridgewater, MA 02324-1408
60 Bedford Street, Fall River, MA 02720
1238 Kempton Street, New Bedford, MA 02740
596 Somerset Avenue, North Dighton, MA 02764-1827
1236 County Street, Somerset, MA 02726
201 G.A.R. Highway, Swansea, MA 02777
75 County Street, Taunton, MA 02780-3500
165 State Road, Westport, MA 02790
Officers:
Joseph T. Baptista, Jr., President & CEO
Deborah A. Grimes, Executive Vice President, Retail Banking and
HR Curtis W. McKinney, Senior Vice President & Senior Lending
Officer Thomas B. Steele, Senior Vice President & Chief Technology
Officer Delfina Laranjo, Senior Vice President, Treasurer & CFO
Directors/Trustees:
Joseph T. Baptista, Jr. Richard Bentley, Jr
Barry R Bibeau, Edmund J Brennan, Jr
Mark Dangoia, Robert A Iafrate,
Adrienne Mollor, Joseph S Mozzone,
Eileen Pelletier, George Shaker, Jr
MASSACHUSETTS DIVISION OF BANKS
60
Methuen Co-operative Bank
243 Broadway
Methuen, MA 01844-3037
Telephone: 978-682-5271
Fax: 978-682-4848
Branches:
Officers:
Robert A. Armano, President & CEO
Snehlata Patel, Vice President and Treasurer
Directors/Trustees:
Alan Cregg Kenneth E. Daher
William D. Fitzgerald John J. Freeman
Frederic E. Hoyle, Jr. Kenneth Hyde, Jr.
Harold S. Otto
2022 ANNUAL REPORT
61
MutualOne Bank
160 Cochituate Road
Framingham, MA 01701-4611
Telephone: 508-820-4000
Fax: 508-532-8370
Branches:
1 Lincoln Street, Framingham, MA 01702
828 Concord Street, Framingham, MA 01701-4611
49 Main Street, Natick, MA 01760
Officers:
Mark R. Haranas, Chairman & CEO
Kristin Carvalho, President, Treasurer & COO
Steven M. Sousa, Executive Vice President & COO
Brian E. Ledwith, Executive Vice President, Senior Commercial Loan Officer
Andrew E. Zelman, Senior Vice President, Commercial Loan Officer
Daniel J. Serafin, Sr., Senior Vice President, Chief Technology Officer
Rahnuma Habib, Senior Vice President, Human Resources
Kevin M. Chandley, Senior Vice President
Brady M. Connors, Senior Vice President, Commercial Loan Officer
Gregory A. Kennedy, Senior Vice President, Retail Banking
Kimberly D. Sambuchi, First Vice President, Information Management
George A. Gilroy, First Vice President, Information Technology Officer
Carmela M Canal, First Vice President, Loan Operations
Michelle Rivers, Vice President & Human Resources Officer
Osman K. Acheampong, , VP/Credit Management Officer
Robert Balderson, , VP/Residential Lending Officer
Joanne Pizzigno, , VP/Loan Servicing Officer
Frank W Chamberlain, , VP/Credit Officer
Jeffrey D Ryan, , VP/Commercial Loan Officer
Lynnette A Maloney, , VP/Commercial Loan Support Officer
Kimberly L Tyler, , VP/Controller
Brenda J Fishlock, , VP/Compliance-BSA Officer
Michael Bilinsky, Jr., VP/Business Development Officer
Yasmine S Oujeiwan, , VP/Branch Manager II
Directors/Trustees:
Susan E. Acton Dennis W. Cardiff
Paul V. Galvani Mark R. Haranas
William H. Mayer Brian K. Peoples
Robert Raider William R. Swanson
MASSACHUSETTS DIVISION OF BANKS
62
Needham Bank
1063 Great Plain Avenue
Needham, MA 02492
Telephone: 781-444-2100
Fax: 781-453-0182
Branches:
41 Front Street, Ashland, MA 01721
326 Washington Street, Dedham, MA 02026
60 Centre Street, Dover, MA 02030
520 Main Street, Medfield, MA 02052
400 Mystic Avenue, Medford, MA 02155
857 Main Street, Millis, MA 02054
17 West Central Street, Natick, MA 01760
1457 Tremont Street, Roxbury, MA 02120
458 Washington Street, Wellesley, MA 02482
341 Washington Street, Westwood, MA 02090
2022 ANNUAL REPORT
63
Officers:
Joseph P. Campanelli, Chairman, President & CEO
Salvatore Rinaldi, Executive Vice President, Chief Operating Officer
Peter Bakkala, Executive Vice President, Chief Risk Officer
Kevin Henkin, Executive Vice President, Chief Credit Officer
Danielle M. Walsh, Executive Vice President, Treasurer & CFO
James White, Executive Vice President, Chief Administrative Officer
Stephanie L. Maiona, Executive Vice President, Senior Commercial Lender
Michael Sinclair, Executive Vice President, Residential & Consumer Lending
Paul Evangelista, Executive Vice President, Director of Specialized Banking
Linda Farley, Senior Vice President, Human Resources
James C. Gordon, Senior Vice President, Information Technology
Gracine Copithorne, Senior Vice President, Risk & Compliance Officer
Jillian Landi, Senior Vice President, Director of Project Management
Anthony LaRosa, Senior Vice President, Director of Accounting
Patrick M. Lee, Senior Vice President, CRE Lending Team Leader
Karen Marryat, Senior Vice President, Chief Marketing Officer
James Daley, Senior Vice President, Director of Structured Finance
Karl D. Ruuska, Senior Vice President, Investments
Michael Semizoglou, Senior Vice President, Director of Small Business
John T. Shea, Senior Vice President, Managed Assets Group
Carrie Vargas, Senior Vice President, Director of Retail Banking
Brian Sutton, Senior Vice President, Director of Middle Market
Margaret Watson, Senior Vice President, General Counsel
Jeffrey Marshall, Senior Vice President, Consumer Lending Team Leader
Eric T. Johnson, Senior Vice President, Commercial Real Estate Lender
Lawrence Pitman, Senior Vice President, Senior CRE Lending Team Leader
Paul J. Sodano, Senior Vice President, CRE Lending Team Leader
Kenneth S. Fishman, Senior Vice President
Craig Connolly, First Vice President and Controller
Andrew Rafter, First Vice President, Commercial Lending
Richard Reder, First Vice President, Senior Credit Manager
Michael Nordstrom, First Vice President, IT Operations
Paula Mason, First Vice President, Human Resources
Wayne Dunn, First Vice President, System Development Director
Alyson Lobisser, First Vice President, Deposit Operations
Janelle Rabbottino, First Vice President, Loan Operations
James O. Roberts, First Vice President, Compliance Officer
Michelle DeSimone, First Vice President, CRE Relationship Manager
Kathryn Lawes, First Vice President, Digital Banking
Adam Cupples, First Vice President, Digital Marketing Director
Michael Isaac, First Vice President, Residential Lending
Anthony Morelli, First Vice President
Frank Modica, First Vice President, Analytics
Brittany Bouchard, First Vice President, Retail Regional Manager
Timothy Day, First Vice President, Residential Lending
David Crane, , Senior Vice President
Kathy Wright, First Vice President, Customer Care Center
Jonathan Mack, Vice President, BSA Officer
MASSACHUSETTS DIVISION OF BANKS
64
Scott Drugotch, Vice President, Facilities Director
Kathleen Heroux, Vice President, IT Operations Manager
Michael Tudino, Vice President, Cash Management
Matthew Chen, Vice President, Residential Loan Officer
Delisa Joseph, Vice President, CRA Officer
Theresa Conroy, Vice President, Senior Relationship Manager
Stephen Walls, Vice President, Branch Manager
Patrick Murphy, Vice President, CRE Lender
Sean O'Brien, Vice President, Branch Manager
Marjorie Cappucci, Vice President, Branch Manager
Stephanie Hitchings, Vice President, Review Appraiser
Stephen Kotsios, Vice President, CRE Lender
James T. Sarno, Vice President, Product Marketing & Operations Manager
Rhiannon Hernandez, Vice President, SBA Relationship Manager
Wilfred Edwards, Vice President, CRA Residential Lending
Francis P. Driscoll, Vice President, Residential Construction Lending
Melissa Glowa, Vice President, CRE Lender
Katie Gomes, Vice President, Loan Review Manager
Despina Hixon, Vice President, CRE Lender
Scott Tower, Vice President, C&I Underwriting Team Leader
Matthew Seminerio, Vice President, Senior CRE Portfolio Analyst
Margaret Agcaoili, Vice President, Loan Processing Supervisor
Cody D'Ambruoso, Vice President, Reporting & Analytics
Jaclyn Biancuzzo, Vice President, Branch Manager
James Dietel, Vice President, Cash Management
Ana Monteiro, Vice President, Loan Administration Team Leader
Kevin Reulbach, Vice President, CRE Lender
Catherine Reurs, , Vice President
Sarah Gosselin, , Vice President
Eric Olson, , Vice President
Nadia Hunter, , Vice President
Deborah Carlson, , Vice President
Pamela LeBlanc, , Vice President
Directors/Trustees:
Joseph P. Campanelli Lennox Chase
Robert D. Cicerone William Darcey
William R. Day Susan Elliott
Arthur F. Howe Christopher Lynch
Thomas D. McInerney Paula McLaughlin
Francis X. Orfanello Richard P. Quincy
Mark R. Whalen
2022 ANNUAL REPORT
65
North Cambridge Co-operative Bank
2360 Massachusetts Avenue
Cambridge, MA 02140-1852
Telephone: 617-876-5730
Fax: 617-661-6878
Branches:
Officers:
Michael G. Culhane, President & CEO
Lucille A. Stackhouse, Vice President and Treasurer
Tracy A. King, Comptroller
Debra E Lundholm-Reed, Assistant Treasurer
Directors/Trustees:
Joseph G. Adams, III John L. Brusch
Michael G. Culhane Brian Greene
David W. Masse Peter J. McLaughlin
Donna I. Perry Brendan J. Sullivan
MASSACHUSETTS DIVISION OF BANKS
66
North Shore Bank, a Co-operative Bank
248 Andover Street
Peabody, MA 01960-5589
Telephone: 978-538-7000
Fax: 978-538-7049
Branches:
140 Brimbal Avenue, Beverly, MA 01915
254 Cabot Street, Beverly, MA 01915-0498
48 Enon Street, Beverly, MA 01915-0498
48 Elm Street, Danvers, MA 01923
1 West Main Street, Merrimac, MA 01860-1999
237 South Main Street, Middleton, MA 01949
29 South Main Street, Newton, NH 03858
32 Main Street, Peabody, MA 01906
637 Lowell St., Peabody, MA 01960
31 Harnden Street, Reading, MA 01867
319 Highland Avenue, Salem, MA 01970
73 Lafayette Street, Salem, MA 01970
One Hamilton Street, Saugus, MA 01906-2209
412 Lynn Fells Parkway, Saugus, MA 01906
Officers:
Kevin M. Tierney, Sr., Chief Executive Officer
Michael R. Wheeler, President & COO
Joseph Wadlinger, Executive Vice President & Chief Lending Officer
Joseph Schueller, Senior Vice President & CFO
Sheryl L. Shinn, Senior Vice President & CIO
William S. Beitler, Senior Vice President & Chief Risk Officer
Kathryn V. Carty, Senior Vice President & Senior Operations Officer
Lisseth Flores, Senior Vice President, Director of HR
Kimberly Lovett, Vice President, Senior Compliance Officer
Directors/Trustees:
Thomas Alexander, Luis L. Azevedo
Jennifer Buras, Jonathan N. Bursaw
Timothy F. Clarke Bradley R. Gauthier
Andrew Goldberg, Charles E. Holden,
Cynthia McGurren, Pamela Casey O'Brien,
Monique Pelletier, Jayne Rice,
Kevin M. Tierney, Sr. Michael R. Wheeler
2022 ANNUAL REPORT
67
Norwood Co-operative Bank
11 Central Street
Norwood, MA 02062-3570
Telephone: 781-762-1800
Fax: 781-255-7847
Branches:
1 Central Street, Foxboro, MA 02035
160 Main Street, Norfolk, MA 02056
129 South Street, Plainville, MA 02492
Officers:
John P. Galvani, President & CEO
Julie A. McDermott, Executive Vice President & COO
Victoria L. Lazarova, Executive Vice President & CFO
Carolyn Shea, Senior Vice President, Director of HR and Marketing
Lisa Nichols, Senior Vice President & Senior Operations Officer
Karen Goggin, Vice President and Treasurer
Jose DaCunha, Vice President, Director of IT
Directors/Trustees:
Robert A. Dempsey, Diane Geraghty Hall,
Paul G Keady, Joseph B Moriarty,
Scott Murphy, William P O'Donnell,
Matthew D Smith, Robert M. Thornton
MASSACHUSETTS DIVISION OF BANKS
68
Reading Co-operative Bank
180 Haven Street
Reading, MA 01867-0530
Telephone: 781-942-5000
Fax: 781-439-6254
Branches:
18-20 Central Street, Andover, MA 01810
10 Wall Street, Burlington, MA 01803
400 Broadway, Lynn, MA 01904-2544
28 Nahant Road, Nahant, MA 01908-1026
170 Park Street, North Reading, MA 01864
62 Oakland Road, RMHS, Reading, MA 01867
Northeast Metroplitan Regional Vocational High School, Wakefield, MA 01880
352 Middlesex Avenue, Wilmington, MA 01887
230 Lowell Street, Wilmington, MA 01887
Officers:
Julieann M. Thurlow, President & CEO
Anthony J. Patti, Executive Vice President & CFO
Phillip J. Bryan, Executive Vice President & Chief Banking Officer
Maxine Hart, Senior Vice President & Chief Human Resource Officer
Shanna L. Cahalane, Senior Vice President, Director of Marketing and Community Dev
J. Forest Wallace, Senior Vice President, Director of IT and Security Officer
Teresa Cunha, Vice President, Branch Administrator
Lawrence Keenan, Vice President, Deposit Operations
Lisa DiGregorio, Vice President, Loan Servicing Manager
Veronica Russo, Vice President, Residential and Consumer Lending
Karen M. Tavernese, Vice President & Compliance Officer
Derric Souza, Assistant Vice President, Controller
Directors/Trustees:
Terrence J. Bane Sally Mason Boemer
Paul Bolger Linda Dempsey
Yvonne Garcia Michael J. Linnane
James M. Liston James J. O'Leary
Kevin R. Powers Kevin F. Smith
Julieann M. Thurlow Abel Vargas
2022 ANNUAL REPORT
69
Savers Co-operative Bank
270 Main Street
Southbridge, MA 01550
Telephone: 508-765-7395
Fax: 508-765-7299
Branches:
38 Auburn Street, Auburn, MA 01501
35 Trolley Crossing Road, Charlton, MA 01507
96 Worcester Street, North Grafton, MA 01536
55 Main Street, Sturbridge, MA 01566
6 North Main Street, Uxbridge, MA 01569
Officers:
Rosemary Picard, President & CEO
John L. Fearing, Senior Vice President, Chief Lending Officer
Keri A. Gonzalez, Senior Vice President, Operations and eServices
Alan P. Melidossian, Senior Vice President, Marketing, Sales & Retail Banking
Christopher M. Wszolek, Senior Vice President, Commercial Lending
Peter J. Kaslauskas, Senior Vice President, Investment Services
Vanessa R. Stratton, Vice President, Treasurer & CFO
April E. English, Vice President, Compliance & Information Security Officer
Eileen C. McGann, Vice President, Human Resources
Directors/Trustees:
Joseph A. Coderre Michael D. Cove
Bruce J. Desrosier Matthew C. Dixon
Daniel J. Finn Andrea D. Hogarth
Paul R. Jalbert Amy B. Messina
Patrick S. Morrill Rosemary Picard
Kenneth E. Rizner Dewey J. Tiberii
Steven M. Ward
MASSACHUSETTS DIVISION OF BANKS
70
StonehamBank - A Co-operative Bank
80 Montvale Avenue,
Stoneham, MA 02180
Telephone: 888-402-2265
Fax: 781-481-5962
Branches:
493 Boston Road, Billerica, MA 01821-1820
Officers:
Edward F. Doherty, Jr., Chief Executive Officer
Marianne Cacciola, Senior Vice President, Chief Financial Officer
Darren R. Sawicki, Senior Vice President, Chief Operating Officer
Anna Dinis, Senior Vice President, Chief Retail Banking and Customer Experience Offic
Gregory M. D'Antona, Senior Vice President, Chief Risk Management Officer
Thomas R. Marshall, Senior Vice President, Chief Information Officer
Kevin Marquis, Senior Vice President, Chief Commercial Lending Officer
Shane R. Bellavance, Senior Vice President, Chief Residential Lending Officer
Patricia Martins-Sousa, Vice President and Treasurer
Janet Hill, Vice President, Deposit Operations
Denise LeLievre, Vice President & Information Security Officer
Vesela Todorova, Vice President & BSA Officer
Chad Titcomb, Vice President, Credit Manager & Environmental Officer
Directors/Trustees:
Patricia A. Brady Frederick A. Ciampa
Donald R. Clarke Lorene A. Comeau
John R. Cullen, Jr. Michael P. Dalton
Janice T. Houghton James T. McIntyre
John J. Melkonian Gilbert A. Moreira
M. Daria Niewenhous Aricia A. Symes-Elmer
2022 ANNUAL REPORT
71
Stoughton Co-operative Bank
950 Park Street,
Stoughton, MA 02072-0446
Telephone: 781-344-3080
Fax: 781-341-4530
Branches:
20 Park Street, Stoughton, MA 02072-0446
Officers:
Luis C. Fortuna, President, Treasurer & CEO
Jason F. Rebelo, Chief Operations Officer
Steven Robbins, Assistant Treasurer and Controller
Directors/Trustees:
Luis C. Fortuna Joseph M. Gonsalves, Jr.
William A. Habig, Jr. John G. Jarvis
Joseph M. Klements Alan D. Lury
Brian J. McGowan Manuel M. Pacheco, Jr.
Stephen R. Raymond
MASSACHUSETTS DIVISION OF BANKS
72
The Cooperative Bank
40 Belgrade Avenue
Roslindale, MA 02131-3086
Telephone: 617-325-2900
Fax: 617-325-2658
Branches:
201 Main Street, Charlestown, MA 02129-3239
3531 Washington Street, Jamaica Plain, MA 02130
36 Spring Street, West Roxbury, MA 02132
Officers:
John A. Battaglia, President & CEO
Kimberly A. Cobb, EVP, Treasurer & CFO/COO
Miguel Rosado, EVP, Chief Lending Officer
Elaine F. Buckley, SVP, Chief Risk Officer
Peter Lee, SVP, Chief Information Officer
Jeffrey Nolan, SVP, Chief Credit Officer
Gaelle Prospere, VP, Human Resources
Jessica Pelton, VP, Retail
Steven F. Berry, VP, Controller
0. Thomas Leonardo, VP, Information Technology Operations
Caitlin Burns, VP, Mortgage Operations
Nancy G. Reid, VP, Commercial Loan Operations
Ali Torshizi, VP, Commercial Lender
Nancy McSurely, VP, Commercial Lender
Jane Wing, VP, Cash Management
Suzanne Kelliher, VP, Loan Servicing Manager
Kate Sullivan, AVP, Marketing
Irine Athanasiadis, AVP, BSA Officer
Samantha Hammond, AVP, Loan Servicing
William T. Coots, AVP, Branch Manager
Khepra Moscillo, AVP, Branch Manager
Directors/Trustees:
John A. Battaglia Neal M. Clay, Jr.
Frances T. Giannakopolous Heather Jenkins
Joseph L. Mullen Philip M. O'Connor
Clayton 0. Samuels Shirley B. Walsh
2022 ANNUAL REPORT
73
The Cooperative Bank of Cape Cod
25 Benjamin Franklin Way
Hyannis, MA 02601
Telephone: 508-568-3200
Fax: 508-568-3473
Branches:
1591 Main Street, East Dennis, MA 02641
1470 Orleans Road, Route 39, East Harwich, MA 02645
238 Worcester Court, Falmouth, MA 02540
695 Attucks Lane, Hyannis, MA 02601
3878 Falmouth Road, Marstons Mills, MA 02648
660 North Falmouth Highway, North Falmouth, MA 02556
275 Cotuit Road, Sandwich, MA 02563
1121 Main Street, West Barnstable, MA 02668
121 Main Street, Yarmouth Port, MA 02675
64 King's Circuit, Yarmouth Port, MA 02675
Officers:
Elizabeth J. Oliver, Chair, President and CEO
Lee Ann Hesse, Executive Vice President & Chief Engagement Officer
Scott Kwarta, Executive Vice President & Chief Risk Officer
Mark Linehan, Executive Vice President, Treasurer & CFO
Barbara Smith, Executive Vice President & Chief Banking and Strategy Officer
James P. Quitadamo, Senior Vice President & Chief Credit Officer
Shanika Rogowski, Senior Vice President & Chief Residential Lending Officer
Sheryl Walsh, Senior Vice President & Chief Consumer and Small Business Banking O
Richard Zilewicz, Senior Vice President & Chief Commercial Banking Officer
Carlyn Carey, First Vice President, Corporate Counsel & Compliance Officer
Laurie Maul, First Vice President & HR Officer
Katherine J. Hartley, First Vice President and Controller
Pamela Sears, Vice President & BSA Officer
Jason Bordun, Vice President, Information Systems Manager
Paul Forni, Vice President & Information Security Officer
Directors/Trustees:
Sarah F. Alger David G. Brown
John B. Cotton, Jr. Gary DellaPosta
Michael D. Ford Nancy W. Garran
Gene D. Guill Christopher Lynch
Wendy K. Northcross Mary E. O'Neal
Elizabeth J. Oliver Gary M. Sheehan
Sheila Vanderhoef William J. Varga
MASSACHUSETTS DIVISION OF BANKS
74
The Pittsfield Co-operative Bank
70 South Street,
Pittsfield, MA 01201
Telephone: 413-447-7304
Fax: 413-448-2080
Branches:
431 Main Street, Dalton, MA 01226
325 Main Street, Great Barrington, MA 01230-0029
110 Dalton Avenue, Pittsfield, MA 01201
Officers:
J. Jay Anderson, President & CEO
Harry C. Moore, III, Senior Vice President & CFO
Peter M. Marchetti, Senior Vice President, Operations
Adrienne M. DeBlieux Speed, Senior Vice President, Chief Information Officer
David Horan, Jr., Senior Vice President, Director of Commercial Banking
Matthew Lauro, Vice President, Business Banking
Victoria May, Vice President, Marketing
Scott Cowlin, Vice President, Branch Manager
Edward Schumann, Assistant Vice President, Compliance Officer
Vicky Kolodziej, Clerk of Corporation
Directors/Trustees:
Melissa R. Aitken J. Jay Anderson
Edward A. Chagnon Matthew D.M. Keator
Karen M. Kowalczyk Raymond T. Kushi, Jr.
John J. Martin, Jr. Wayne H. Walton
Maureen White-Kirby
2022 ANNUAL REPORT
75
Village Bank, The
320 Needham Street, Suite 200,
Newton, MA 02464
Telephone: 617-527-6090
Fax: 617-965-8945
Branches:
307 Auburn St., Auburndale, MA 02466
720 Beacon Street, Newton Centre, MA 02459
56 Winchester Street, Newton Highlands, MA 02461
332 Walnut Street, Newtonville, MA 02460
411 Watertown Street, Nonantum, MA 02458
89 Wyman Street, Waban, MA 02468
62 Boston Post Road, Wayland, MA 01778
1369 Washington Street, West Newton, MA 02465
Officers:
Joseph A. De Vito, President & CEO
Eric D. Boecher, Senior Vice President & CFO
John L. Karacalidis, Senior Vice President, Operations and IT
Lisa Boccabella, Senior Vice President, Enterprise Risk Management
Andrew E. Franklin, Senior Vice President & Chief Lending Officer
David C. Pennybaker, Jr., Senior Vice President, Commercial Lending
Maureen Sullivan, Senior Vice President, Human Resources
Amy Werner, Senior Vice President, Retail Banking
Corey J. Rouleau, Vice President and Treasurer
Directors/Trustees:
Joseph J. Albanese Janice T. Bourque
Kenneth C. Brennan John E. Butterworth
Carol E. Chafetz Joseph A. De Vito
Anne Doyle James W. Duffy
Donna L. Gittens Thomas R. Keery, II
Victor A. Nicolazzo, Jr. Darryl Settles
Walter F. Tennant
MASSACHUSETTS DIVISION OF BANKS
76
Wakefield Co-operative Bank
342 Main Street
Wakefield, MA 01880-0192
Telephone: 781-245-3890
Fax: 781-245-9177
Branches:
596 Main Street, Lynnfield, MA 01940
526 Main Street, Melrose, MA 02176
Officers:
Michael W. Farren, Senior Vice President & Chief Loan Officer
Lois Hayward, Vice President, Chief Technology Officer and Branch Operations
Michael J. Tallo, Vice President & CFO
Christine Teel, Vice President and Controller
Mohammed Bezzat, Vice President, Retail Branch Administration
Joyce Grasso, Vice President, Human Resources
Jeffrey A. Worth, President & CEO
Directors/Trustees:
Stephen P. Maio Michael P. McCarthy
John J. McCarthy, Jr. William T. McDonald, Jr.
Ann McGonigle Santos Alfred A. Palmerino
Jeffrey A. Worth
2022 ANNUAL REPORT
77
Walpole Co-operative Bank
982 Main Street,
Walpole, MA 02081-2857
Telephone: 508-668-1080
Fax: 508-660-2690
Branches:
Officers:
Paul M. Chaggaris, President & CEO
Donna M. Leary, Senior Vice President & COO
Sheila L. Gonzalez, Senior Vice President & Senior Loan Officer
Gregory J. Mello, Vice President, Treasurer & CFO
Kelli Brower, Vice President, Deposit Operations
Joanne F. Mailhot, Vice President
Sharon A. Ellis, Vice President, Residential Mortgage Officer
Mounira Berbara, Vice President, Retail Branch Manager
James McGovern, Vice President, Commercial and Construction Loan Officer
Paul M. Vallace, Vice President, Commercial and Construction Loan Officer
Michael P. Gookin, Vice President, Commercial and Construction Loan Officer
Tracy L. Murphy, Vice President
Erik Benson, Commercial & Construction Loan Officer
Directors/Trustees:
Robert P. Bennett Paul M. Chaggaris
Thomas A. Grimes Christopher B. Johnson
Donna M. Leary Ronald E. Lestan
Joseph V. Scholl John T. Szum
MASSACHUSETTS DIVISION OF BANKS
78
Winchester Co-operative Bank
19 Church Street
Winchester, MA 01890
Telephone: 781-729-3620
Fax: 781-756-3560
Branches:
198 Lexington Street, Woburn, MA 01801
Officers:
Mark H. Kellett, President & CEO
Mark L. Fisher, Executive Vice President, Lending
Christopher Irving, Senior Vice President, Operations
Kara G. Clark, Senior Vice President & CFO
David Van Dyke, Vice President & CIO
Directors/Trustees:
Christopher J. Barrett John A. Beauchamp
Lawrence F. Borges Ann W. Hibbard
Robert J. Hickey Mark H. Kellett
Robert H. Montgomery John J. Moriarty
Robert C. Penna Robin F. Wortmann
2022 ANNUAL REPORT
79
Wrentham Co-operative Bank
102 South Street
Wrentham, MA 02093-0250
Telephone: 508-384-6101
Fax: 508-384-8547
Branches:
1005 South Street, Wrentham, MA 02093-0250
Officers:
Scott G. Terrien, President & CEO
Sarah J. Giovannucci, Vice President and Treasurer
Ann Marie DeCoff, Vice President, Chief Lending Officer
Directors/Trustees:
Mary-Regina M. Bennett Jeffrey C. Hall
Trevor G. Knott Jeffrey L. Morrill
Douglas V. Mure Richard J. Ross
Scott G. Terrien
MASSACHUSETTS DIVISION OF BANKS
80
Appendix II: Savings Banks
2022 ANNUAL REPORT
81
Adams Community Bank
2 Center Street
Adams, MA 01220-0306
Telephone: 413-743-0001
Fax: 413-743-9548
Branches:
93 Park Street, Adams, MA 01220-2013
75 South Street, Cheshire, MA 01225
545 South Main Street, Lanesboro, MA 01237
41 Park Street, Lee, MA 01238
7 Main Street, Lenox, MA 01240
31 Eagle Street, North Adams, MA 01247
660 Merrill Road, Pittsfield, MA 01201
273 Main Street, Williamstown, MA 01267-0547
Officers:
Charles P. O'Brien, President & CEO
Andre P. Charbonneau, Executive Vice President & COO
Dawn Canales, Senior Vice President, Chief Information Officer
Laurie J. Boudreau, Senior Vice President, Compliance Officer
Maureen E. Baran, Senior Vice President. Communications
Barbara Guido, Senior Vice President, Retail Banking
Jacqueline McNinch, Senior Vice President, Mortgage Originations
Donna Palma, Senior Vice President, Commercial Lending
Lisa Trybus, Senior Vice President, Retail Lending
Elena C. Tucker, Senior Vice President, Human Resources & Payroll
Theresa E. Sorrentino, Vice President & CFO
Kristen Bona, Vice President, Government Banking Advancement
Laila Boucher, Vice President, Government Banking Development
Timothy R. Burdick, Vice President, Mortgage Servicing
Michael Gwozdz, Vice President, Retail Operations Officer
Tracy McConnell, Vice President, Commercial Loan Officer
David Eisenberg, Vice President, Commercial Loan Officer
Peter Mirante, Vice President, Business Development
Carol Rapisarda, Vice President, Branch Officer
Directors/Trustees:
Nancy K. Agostini Richard A. Dunn
Jeffrey P. Grandchamp David J. Lipinski
Charles P. O'Brien J. Norman O'Connor, Jr.
Stephen N. Pagnotta William Pignatelli
Bernard A. Pinsonnault Sheri Quinn
Francis P. Waterman, Jr. William Young
MASSACHUSETTS DIVISION OF BANKS
82
Athol Savings Bank
388 Main Street
Athol, MA 01331
Telephone: 978-249-3200
Fax: 978-249-7265
Branches:
52 Main Street, Ashburnham, MA 01430
560 Summer Street, Barre, MA 01005
196 Timpany Boulevard, Gardner, MA 01440
112 Central Street, Winchendon, MA 01475
Officers:
Daniel J. Zona, President & CEO
Cheryl E. D'Ambra, Executive Vice President
Douglas E. Moisan, Senior Vice President, Treasurer & CFO
Nancy J. Hillis, Senior Vice President, Compliance & Information Security Officer
Sarah A. Galvin, Senior Vice President, Commercial Lending
Janice E. Hamel, Vice President & BSA Officer
Lisa M. Osborne, Assistant Vice President, Branch Administration & Security Officer
Directors/Trustees:
Larry E. Adams Bruce E. Coffin, Jr.
Marianne Coswell David A. Doody
Jeffrey J. Gallant Joseph C. Hawkins
Michael A. Herbert David E. Huhtala
William D. Kessler Paul F. Lockwood, Jr.
Constance A. Milusich Curtis S. Noel
James B. O'Loughlin Daniel J. Zona
2022 ANNUAL REPORT
83
Avidia Bank
42 Main Street
Hudson, MA 01749-0190
Telephone: 978-562-2222
Fax: 978-568-0950
Branches:
1073 Main Street, Clinton, MA 01510
270 Cochituate Road, Framingham, MA 01701
193 Washington Street, Hudson, MA 01749
17 Pope Street, Hudson, MA 01749
470 Lancaster Street, Leominster, MA 01453
256 Maple Street, Marlborough, MA 01752
53 West Main Street, Northborough, MA 01532
23 Maple Avenue, Shrewsbury, MA 01545
100 East Main Street, Westborough, MA 01581
MASSACHUSETTS DIVISION OF BANKS
84
Officers:
Mark R. O'Connell, President & CEO
Margaret Sullivan, Executive Vice President & CFO
Nicholas Karmelek, Executive Vice President
Robert W. Conery, Executive Vice President
Don Frost, Executive Vice President
Bartholomew H. Murphy, Executive Vice President
Emily Braga, Senior Vice President
Rita Janeiro, Senior Vice President
Steve McAndrew, Senior Vice President
Jocelyn Arsenault, Senior Vice President
Andrew Miller, Senior Vice President
Andrew Sabine, Senior Vice President
Charles Budd, Senior Vice President
John O'Conner, Senior Vice President
Tom Doane, Senior Vice President
Bob Williamson, Senior Vice President
David Morticelli, Senior Vice President
Howard Himmel, Senior Vice President
Janel Maysonet, SVP & Chief Marketing Officer
Sharon Quinn, Senior Vice President
Thomas Allain, Senior Vice President
Daniel Provencher, Senior Vice President
Avnish Puri, Senior Vice President
Lee Thompson, Senior Vice President
Joe Sova, Senior Vice President
Neil Buckley, Senior Vice President
James Wilkins, Senior Vice President
Natalie Sousa, Senior Vice President
Cheryl Cain, Senior Vice President
Clifford Thompson, Senior Vice President
Leonard Silva, Senior Vice President
Danielle Avery, Vice President & Clerk
Marcy Silva, Vice President
Andrea Blood, Vice President
Charlie Park, Vice President
Ronald Fraser, Vice President
Edward Stearns, Vice President
Justin Provencher, Vice President
Mary McDonald, Vice President
Shrenik Shah, Vice President
Laura Hughes, Vice President
Lisa Allegro, Vice President
Edward Perachi, Vice President
Erin Curry, Vice President
Corrine Olson, Vice President
Jill A. deSousa, Vice President
Kelly Tierney, Vice President
Jovan Cintron, Vice President
2022 ANNUAL REPORT
85
David Korff, Vice President
Mary Newton, Vice President
James Picciotto, Vice President
Mikala Geurtsen, Vice President
Daniel DeAngelis, Vice President
Patricia Wood, Vice President
Joy Sullivan, Vice President
Patricia DeSantis, Vice President
Lynda Westbrook, Vice President
Karen Moe, Vice President
Joseph Palombo, Vice President
Jennifer Cardoso, Vice President
Trevor Bethel, Vice President
Josh Nasiatka, Vice President
Jill Mollica, Vice President
Maureen Marshall, Vice President
Zachary Grant, Vice President
Stephanie Luz, Vice President
Directors/Trustees:
Jim Ball Paul Blazer
Ben Colonero M. Neil Flanigan
Carol Gallagher, Mike Girard
Joseph Grimaldo Jeff Leland
Michael Murphy, Mark R.
O'Connell Brian Parker
MASSACHUSETTS DIVISION OF BANKS
86
Bank of Canton, The
490 Turnpike Street
Canton, MA 02021
Telephone: 781-828-1690
Fax: 781-828-5347
Branches:
259 Turnpike Street, Route 138, Canton, MA 02021
557 Washington Street, Canton, MA 02021
60 Mayor Thomas J. McGrath Highway, Quincy, MA 02169
67 North Main Street, Randolph, MA 02368
Officers:
Stephen P. Costello, President & CEO
Michael F. Lindberg, Executive Vice President & Senior Lending Officer
Christopher Lake, Senior Vice President & CFO
George M. DeMello, Senior Vice President
Peter M. Shea, Senior Vice President
Rhonda L. Kale, Senior Vice President
Directors/Trustees:
James P. Andersen, Jr. Stephen P. Costello
James M. Downey Brian T. Fitzgerald
Michael A. Galer Leslie Lockard
Marian K. Pendergast Steven V. Rotella
John M. Sweeney Linda M. Wirta
2022 ANNUAL REPORT
87
BankFive
79 North Main Street
Fall River, MA 02720-2144
Telephone: 774-888-6100
Fax: 508-677-3388
Branches:
590 Metacom Avenue, Bristol, RI 02089
136 Faunce Corner Road, Dartmouth, MA 02747
105 Huttleston Avenue, Fairhaven, MA 02719
55 Thirteenth Street, Fall River, MA 02721
1604 President Avenue, Fall River, MA 02720
1301 Pleasant Street, Fall River, MA 02723
1501 South Main Street, Fall River, MA 02724
4171 North Main Street, Fall River, MA 02720
1724 Acushnet Avenue, New Bedford, MA 02746
160 County Street, New Bedford, MA 02740
54 County Street, Somerset, MA 02726
497 Milford Road, Swansea, MA 02777
Officers:
Anne P. Tangen, President & CEO
Robert F. Collins, Executive Vice President, Chief Operating Officer
Catherine A. Dillon, Executive Vice President, Chief Growth Officer
Jennifer D. St. Pierre, Senior Vice President, Treasurer & CFO
Maureen A. Terranova, Senior Vice President, Director of Information Technology
Maria L. Urdi, Senior Vice President, Director of Risk & Compliance
Jimmy S. Costa, Senior Vice President, Director of Retail
Patrick J. Deady, Senior Vice President, Director of Residential & Consumer Lending
Jennifer T. Dooling, Senior Vice President, Director of Business Banking
Paul S. Medeiros, Senior Vice President, Director of Commercial Lending
Charles A. DeSimone, Senior Vice President, Commercial Lender
William N. Beauchene, Senior Vice President, Commercial Lender
Lynn A. Motta, Senior Vice President, Commercial Lender
Gregory J. Medeiros, Senior Vice President, Senior Credit Officer
Andrea A. Rodrigues, First Vice President, Marketing & Community Relations
Deirdre M. Jannerelli, First Vice President, Digital Marketing Manager
Christopher M. Craig, First Vice President, Regional Sales Manager
Gregory R. Cambio, First Vice President, Residential Lending
Jeffrey A. Sanson, First Vice President, Director of Customer Support
Directors/Trustees:
M. Helena Amaral Peter C. Bogle
Raymond S. DeLeo Lisa N. Graham
Karl D. Hetzler Peter T. Kavanaugh
William H. Lapointe Michelle A. Pelletier
Jeffrey J. Reilly Edward G. Siegal
Anne P. Tangen Sumner J. Waring, III
MASSACHUSETTS DIVISION OF BANKS
88
BankProv
5 Market Street
Amesbury, MA 01913-2403
Telephone: 978-388-0050
Fax: 978-388-4568
Branches:
1 Haverhill Road, Amesbury, MA 01913-3507
115 South RIver Road, Bedford, NH 03110
95 Portsmouth Avenue, Exeter, NH 03833
66 Storey Avenue, Newburyport, MA 01950
25 Maplewood Avenue, Portsmouth, NH 03801
One South Access Rd-1 Provident Way, Seabrook, NH 03842
Officers:
David P. Mansfield, Chief Executive Officer
Anne Lapointe, Executive Vice President, Chief of Staff
Carol L. Houle, Executive Vice President, Chief Financial Officer
Joseph Kenney, Executive Vice President, Chief Lending Officer
Joseph Mancini, Executive Vice President, Chief Operating Officer
Kenneth Jones, Executive Vice President, Warehouse Lending
Carie Kelly, Senior Vice President, Virtual Banking
Amber Barbere, Senior Vice President, Human Resources Janine
Jakubauskas, Senior Vice President, Enterprise Risk Officer
Leanne Corning, Senior Vice President, Customer Experience
Kevin Feeney, Senior Vice President, Cash Management
Stephanie Harris, Vice President, Controller
Heather Garofalo, Vice President, Deposit Operations
Directors/Trustees:
Katie Chase Frank G. Cousins, Jr.
Charles R. Cullen James A. DeLeo
Lisa B. DeStefano Jay E. Gould
Nathaniel C. Gravel Laurie H. Knapp
David P. Mansfield Barbara Piette
Joseph B. Reilly Mohammad Shaikh
Arthur W. Sullivan
2022 ANNUAL REPORT
89
Bay State Savings Bank
28-32 Franklin Street,
Worcester, MA 01608
Telephone: 508-890-9000
Fax: 508-890-9070
Branches:
99 Auburn Street, Auburn, MA 01501
123 Auburn Street, Auburn, MA 01501
628 Main Street, Holden, MA 01520
275 Mill Street, Worcester, MA 01602
378 Burncoat Street, Worcester, MA 01604
799 Grafton Street, Worcester, MA 01604
Officers:
Peter B. Alden, President & CEO
Diane M. Giampa, Executive Vice President of HR, Marketing, & Retail Banking
Maria A. Heskes-Allard, Executive Vice President & Senior Lender
Seth A. Pitts, Executive Vice President & Chief Financial Officer
Lucas J. Miller, Executive Vice President, Compliance & General Counsel
Thomas J. Belton, SVP, Information Technology
Marc Sanguinetti, SVP, Retail Lending
Daniel Kelser, SVP, Commercial Lender
Peter Rovezzi, SVP, Strategic Sales
Jeanie Connolly, SVP, Commercial Lender
Jeffrey B. Locke, SVP, Senior Branch Manager & Senior Mortgage Officer
Matthew Williams, VP, Commercial Lending
Heather L. Belair, VP, Executive Liaison and Branch Manager
Karin Gaffney, VP, Commercial Lender
Zachary Silverman, VP, Branch Manager (Burncoast Street & Holden)
Cheri E. Carty, VP, Finance and Treasury
Joyce Shand, VP, Credit Administration
Lori Kowal, VP, Commercial Loan Operations
Jill Wardle, VP, Cash Management Officer
Jessica Favreau, AVP, Commercial Loan Officer
Pamela Gastori, AVP, Portfolio Manager & Reporting Officer
Rachel Hall, AVP, Human Resources
Rebecca Hirtle, AVP, Deposit Operations
Lauren Piehl, AVP, Financial Literacy Coordinator
Emiljano Beqo, AVP, Compliance/BSA Specialist
Gerald Plange, Senior Consumer Lending Officer
Joseph P. Ewing, Commercial Relations Manager
Gene Dow, Operations Officer
Rosa M. Hernandez, Branch Operations Officer
Michelle M. Swiderski, Customer Relationship Officer
Ariana Dello Stritto, Marketing Officer
Tiffany L. Ruiz, Branch Manager (Mill Street)
Kathy Sivret, Branch Manager (Auburn)
MASSACHUSETTS DIVISION OF BANKS
90
Directors/Trustees:
Peter B. Alden John N. Altomare, Esq
Robert D. Blute III Michael Farmer
William J. Fay II Carol A. Garofoli
John M. Heald Christine L. Lucey
Joni J. Milluzzo William J. Mulford
Alan P. Pandiani Michele E. Sloan
Sharon M. Wratchford
88
2022 ANNUAL REPORT
91
BayCoast Bank
330 Swansea Mall Drive
Swansea, MA 02777
Telephone: 508-678-7641
Fax: 508-675-4343
Branches:
2 Locust Street, Berkley, MA 02779
601 Hope Street, Bristol, RI 02809
85 Sockanosset Cross Road, Cranston, RI 02920
299 State Road, Dartmouth, MA 02747
714 Dartmouth Street, Dartmouth, MA 02748
75 Alden Road, Fairhaven, MA 02719
1485 Pleasant Street, Fall River, MA 02723
310 Airport Road, Fall River, MA 02720
335 Stafford Road, Fall River, MA 02721
490 Robeson Street, Fall River, MA 02720
81 Troy Street, Fall River, MA 02720
20 Turner Street, Fall River, MA 02720
8 Foxborough Boulevard, Foxborough, MA 02035
2 Meeting House Lane, Little Compton, RI 02837
438 Spring Street, N. Dighton, MA 02764
23 Elm Street, New Bedford, MA 02740
1000 Ashley Blvd., New Bedford, MA 02745
1430 East Main Street, Portsmouth, RI 02871
78 Dorrance Street, Providence, RI 02903
110 Taunton Avenue, Seekonk, MA 02771
921 GAR Highway, Somerset, MA 02725
554 Wilbur Avenue, Swansea, MA 02777
1 Crandall Road, Tiverton, RI 02878
787 Main Road, Westport, MA 02790
Officers:
Nicholas M. Christ, President & CEO
James F. Wallace, Executive Vice President & Chief Operating Officer
Carl W. Taber, Executive Vice President & Chief Lending Officer
Marie Pellegrino, Senior Vice President & Chief Financial Officer
Gary J. Vierra, Senior Vice President & Chief Risk Officer
Daniel J. Briand, Senior Vice President & Retail Lending Officer
Daniel Decosta, Senior Vice President & Chief Information Officer
Robert Bergdoll, Senior Vice President & Chief Marketing Officer
Nicole Almeida, Senior Vice President & Chief DEI Officer
Ann Auger, Senior Vice President, Chief Credit & Senior Commercial Lending Officer
Betty-Ann Mullins, Senior Vice President, Commercial Loan Officer
June Goguen, Senior Vice President, Commercial Loan Officer
Paul Leveille, Senior Vice President, Commercial Loan Officer
Steven A. Russo, President & CEO - Plimouth Investment Advisors
MASSACHUSETTS DIVISION OF BANKS
92
Directors/Trustees:
Maria L. Aguiar, CPA Nicholas M. Christ
Gail M. Fortes Kenneth D. Furtado
Richard K. Gunther Paul M. Joncas
David N. Kelley II Steven W. Kenyon, CPA
Ronald J. Lowenstein, Esq. Eric B. Mack, Esq.
Mary Louise Nunes, CPA Christopher J.
Rezendes Lawrence R. Walsh
90
2022 ANNUAL REPORT
93
Bluestone Bank
756 Orchard Street
Raynham, MA 02767
Telephone: 508-884-3300
Fax: 508-884-3390
Branches:
5 Scotland Boulevard, Bridgewater, MA 02324
14 Main Street, Bridgewater, MA 02324
29 Bedford Street, East Bridgewater, MA 02333
6 Main Street, Lakeville, MA 02347
80 North Main Street, Mansfield, MA 02048
225 West Main Street, Norton, MA 02766-0369
27 Mattakeesett Street, Pembroke, MA 02359
3 Taunton Street, Plainville, MA 02762
2109 Bay Street, Taunton, MA 02780
120 West Center Street, West Bridgewater, MA 02379
728 West Center Street, West Bridgewater, MA 02379
MASSACHUSETTS DIVISION OF BANKS
94
Officers:
Peter Dello Russo, Chief Executive Officer
Meg D. McIsaac, President
Richard Burgess, Executive Vice President & CFO
William Benford, Executive Vice President & Senior Commercial Lender
Benjamin Lord, First Senior Vice President & CIO
Robert Peixoto, First Senior Vice President
Katherine Watson, First Senior Vice President
Joseph W. Mitchell, Jr., First Senior Vice President
Michael Kemple, First Senior Vice President
Edward F. Sousa, First Senior Vice President
Christine Moscaritolo, Senior Vice President
John Moran, Senior Vice President
Carie Bailey, Senior Vice President
Frank Davis III, Senior Vice President
Richard Hamilton, Senior Vice President
Mary Vales, Senior Vice President
John Ward, Senior Vice President
James Duff, Senior Vice President
Lisa Zenack, Senior Vice President
Mary Snethen, First Vice President
Mary Johnson, Vice President
Courtney Tilton, Vice President
Craig Nardi, Vice President
Michael Baker, Vice President
Donna Brunelli, Vice President
Donald Parsons, Vice President
Mike Piemonte, Vice President
David Simmons, Vice President
Ronald Hill, Vice President
Mary Buck, Vice President
Linda Fortier, Vice President
Corinne O'Neill, Vice President
Patricia Lynch, Vice President
Helge Liedtke, Vice President
Beth Ellis, Vice President
Diane Pereira, Vice President
Jan DeOrsey, Vice President
Karen Dayton, Vice President
Edward Gaughan, Vice President
Shawn McDonough, Vice President
Denise Martin, Vice President
Joseph T. McMahon, Vice President
Cathy Milani, Vice President
Michelle Durette, Vice President
Jeffrey S. Smith, Vice President
2022 ANNUAL REPORT
95
Directors/Trustees:
Russell J. Anderson Andrew F. Beise
Gilbert J. Campos, Jr. William L. Clay
Debra M. Crowell Peter Dello Russo
Michael Giancola Stephen T. Hall
John D. Hopkins, Jr. John R. Korona
Kenneth A. Larsen Reinald G. Ledoux, Jr.
Meg D. McIsaac Steven M. Oberlander
Kimberly A. Thomas James D. Wood
Walter Zaverucha
MASSACHUSETTS DIVISION OF BANKS
96
Bristol County Savings Bank
35 Broadway
Taunton, MA 02780-3242
Telephone: 508-828-5303
Fax: 508-828-5455
Branches:
130 Pleasant Street, Attleboro, MA 02703-2359
1 Blue Pride Way, Attleboro, MA 02703
2152 Mendon Road, Cumberland, RI 02864
502 State Road, Dartmouth, MA 02670
One Chace Road, East Freetown, MA 02717
215 Pleasant Street, Fall River, MA 02721
375 West Central Street, Franklin, MA 02038
584 Putnam Pike, Greenville, RI 02828
70 North Water Street, New Bedford, MA 02740
1307 Ashley Blvd, New Bedford, MA 02745
96 Commonwealth Avenue, North Attleboro, MA 02760
215 Armistice Boulevard, Pawtucket, RI 02860
108 North Main Street, Raynham, MA 02767-1661
942 Broadway, Raynham, MA 02767-1743
257 Winthrop Street, Rehoboth, MA 02769-1819
851 County Street, Taunton, MA 02780-3952
50 Williams Street, Taunton, MA 02780
Officers:
Patrick J. Murray, Jr., President & CEO
James Ferrara, Executive Vice President
Robert J. DeMoura, Executive Vice President & Chief Information Officer
Dennis F. Leahy, Executive Vice President, Treasurer & CFO
John Silva, Executive Vice President & Chief Lending Officer
Michele L. Roberts, Executive Vice President, Chief Marketing & Community Relations
Teresa M. Janeiro, Vice President & Compliance Officer
Patrick J. Quinn, Vice President & BSA Officer
Directors/Trustees:
Don A. Backlund Linda A. Bodenmann
Joseph F.X. Casey Charles W. Cederberg
Maureen F. Cody Edward A. Dion, Jr.
Paul C. Downey Cheryl S. Haynes
Patrick J. Murray, Jr. Joseph J. Nauman
Eric M. Norberg Louis M. Ricciardi
Leonard W. Sullivan
2022 ANNUAL REPORT
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Cape Ann Savings Bank
109 Main Street
Gloucester, MA 01930
Telephone: 978-283-0246
Fax: 978-281-2252
Branches:
Leslie O. Johnson Road, Gloucester, MA 01930
4 School House Road, Gloucester, MA 01930
17 Beach Street, Manchester, MA 01944
247 Main St, Rockport, MA 01966
Officers:
Marianne Smith, President
Michael J. Luster, Executive Vice President, Commercial Lending
Marie F. Curley, Senior Vice President, Operations
John T. Brennan, Senior Vice President, Trust & Financial Services
Amy L. Randazza, Senior Vice President, Compliance/BSA
Victor Conigliaro, Senior Vice President, Information Technology
J. Mark Olsen, Senior Vice President, Residential Lending
Donald S. Wallaga, Vice President & CFO
Kenneth E. Davis, Vice President, Branch Manager
Heidi P. Huttunen, Vice President, Controller
Jennifer Orlando, Vice President, Marketing Officer
Andrew G Marques, Vice President, Commercial Lending
Dean H Murray, Vice President, Trust & Financial Services
Directors/Trustees:
Robert B. Audano, Jr. Robert A. Barricelli,
Doreen R. Carter, Robert W. Cunningham
Natalie C. Daley Stephen F. Dexter
J. Michael Faherty Robert J. Gillis, Jr.
Paula M. Hart James A. Johnson,
Michael J. Luster Christian L. Murch,
Timothy J. Philpott Harold J. Rogers II
William E. Scott, David W. Slade
Marianne Smith, Joan L. Waterhouse
Dana V. Woods,
MASSACHUSETTS DIVISION OF BANKS
98
Clinton Savings Bank
200 Church Street
Clinton, MA 01510-0770
Telephone: 978-365-3700
Fax: 978-365-3719
Branches:
35 Central Street, Berlin, MA 01503-0251
12 Green Street, Bolton, MA 01740
562 Main Street, Bolton, MA 01740
1001 Main Street, Boylston, MA 01505
81D Shrewsbury Street, Boylston, MA 01505
1 Main Street, Sterling, MA 01564-0637
306 West Boylston Street, West Boylston, MA 01583
Officers:
Robert J. Paulhus, Jr., President & CEO
A. David Darvish, Senior Vice President & CFO
John T. Peculis, Senior Vice President & Chief Lending Officer
Leonard T. Anctil, Senior Vice President & Senior Commercial Lending Officer
Mary T. Dean, Senior Vice President & Chief Information Officer
Ellen J. McGovern, Senior Vice President & Chief Marketing Officer
Linda M. Midura, Senior Vice President and Director of Human Resources
Andrea Santiago, Senior Vice President, Branch Administration
Directors/Trustees:
Cynthia J. Curley Robert M. Farragher
Jonathan L. Gulliver Myles F. Heffernan, Jr.
John F. Hogan John F. Kilcoyne
Barbara E. King John P. Kittredge, Jr.
William E. O'Neil, Jr. Robert J. Paulhus, Jr.
Maureen K. Quill Christopher J. Williams
2022 ANNUAL REPORT
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Cornerstone Bank
176 Main Street
Spencer, MA 01562
Telephone: 800-939-9103
Fax: 508-885-8614
Branches:
2 Center Depot Road, Charlton, MA 01507
1073 Main Street, Holden, MA 01520
121 South Main Street, Leicester, MA 01524
93 Main Street, Rutland, MA 01543-1301
253 Main Street, Southbridge, MA 01550-0370
200 Charlton Road, Route 20, Sturbridge, MA 01566
86 Worcester Road, Webster, MA 01570
70 West Boylston Street, Worcester, MA 01606
230 Park Avenue, Worcester, MA 01609
MASSACHUSETTS DIVISION OF BANKS
100
Officers:
Todd M. Tallman, Chief Executive Officer
Randal D. Webber, President
Altaf Ahmed, EVP, Retail Banking
Scott L. Auen, EVP, Retail Lending
Michael J. Quink, EVP, Senior Commercial Officer
Thomas E. Dufresne, EVP, Chief Information Officer
Brian R. Loveless, EVP, Treasurer & CFO
Maria L. Salvatore, EVP, Chief Culture Officer
Jason D. Main, SVP, Investment Services
Michael Roy, SVP, Chief Risk Officer
James A. Sandagato, SVP, Commercial Team Leader
Kyle S. Bourque, SVP, Commercial Team Leader
David Harmon, SVP, Commercial Lender
Douglas R. Schmeling, VP, Chief Credit Officer
Stacie M. Moulton, VP, Compliance Manager
Chelsea M. Prizio, VP, Credit Manager
Rachel A. Briggs, VP, Commercial Loan Operations
Michael A. Sullivan, VP, Information Systems
Donna L. Tibbetts, VP, Learning & Development Officer
Scott M. Dungey, VP, Controller
Kyle T. Hill, VP, Retail Loan Operations
John T. Jawor, VP, Investment Services
Albert Cacciagrani, VP, Financial Wellness Manager
Tracey Jeffries, VP, HR Business Partner
Kerri Lee, VP, Loan Production Manager
Katelyn Krikorian, VP, Operations Manager
Christopher Mallon, VP, Program Manager
Alan Whitney, VP, Marketing
Nada Kanaan, VP, Senior Market Manager
Colleen K. Lord, VP, Senior Market Manager
Laila Mhirig, VP, Senior Market Manager
Sabrina L. Webb, VP, Senior Market Manager
Sheri A. Bibinski, VP, Senior Market Manager
Thomas W. Moschos, VP, Commercial Lender
Heather E. Dumais, VP, Commercial Lender
David L. Sabourin, VP, Commercial Lender
Timothy J. Gardell, VP, Commercial Lender
Robert Peritz, VP, Mortgage Loan Officer
Catherine M. Benoit, VP, Mortgage Loan Officer
Michael J. Checkosky, VP, Mortgage Loan Officer
Brian J. Testarmata, VP, Mortgage Loan Officer
Jeffrey Moynihan, VP, Mortgage Loan Officer
Lynne M. Esposito, VP, Mortgage Loan Officer
Jennifer A. Anderson, VP, Mortgage Loan Officer
Marcella L. Mosio, AVP, Assistant Controller
Michael M. Pacheco, AVP, IT Officer
Erin Cosgrove, AVP, CIC Manager
Jacqueline Croft, AVP, BSA & Security Officer
2022 ANNUAL REPORT
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Shanon Sabourin, AVP, Digital Banking Manager
Michael Bogacz, AVP, Senior Market Manager
Jessica L. Johnson, AVP, Senior Market Manager
Klara Carter, AVP, Commercial Lender
Daniel A. D'Amico, AVP, Commercial Banking Officer
Robert A. Mangan, AVP, Commercial Banking Officer
Directors/Trustees:
Anthony J. Detarando Michael A. Engel
Janet E. Garon Alfred G. Morin, Jr.
Robert B. Muenzberg, Jr. Alan S. Peppel
K. Michael Robbins John J. Spillane
Joseph N. Stolberg Todd M. Tallman
James H. Waddick Randal D. Webber
Stephen F. Wentzell
MASSACHUSETTS DIVISION OF BANKS
102
Country Bank for Savings
155 West Street
Ware, MA 01082
Telephone: 413-967-6221
Fax: 413-967-2521
Branches:
21 North Main Street, Belchertown, MA 01007-0668
9 Main Street, Brimfield, MA 01010
37 Worcester Road, Charlton, MA 01507
1084 Main Street, Leicester, MA 01524
Wal-Mart Supercenter,1620 Main St., Leicester, MA 01524
64 Cherry Street, Ludlow, MA 01056
1485 North Main Street, Palmer, MA 01069-0598
687 Pleasant Street, Paxton, MA 01612
8 West Main Street, West Brookfield, MA 01585-0716
2379 Boston Road, Wilbraham, MA 01095
278 Park Avenue, Worcester, MA 01609
638 Chandler Street, Worcester, MA 01609
Officers:
Paul F. Scully, President & CEO
Mary C. McGovern, Executive Vice President, Treasurer & CFO
Dawn M. Fleury, First Senior Vice President, Chief Risk Officer
Thomas Wolcott, First Senior Vice President, Commercial Lending
Miriam J. Siegel, First Senior Vice President, Human Resources
Russell Fontaine, Senior Vice President, Customer Experience and Retail Banking
Peter Morales, Senior Vice President, Technology & Innovation
Shelley M. Regin, Senior Vice President, Marketing
Denise D. Walker, Senior Vice President, Retail Lending
Julie M. Yi, First Vice President and Controller
Lisa DiMarzio, First Vice President, Compliance and CRA Officer
Directors/Trustees:
Keith E. Blanchette Kathryn Crockett
Robert K. Dik Teresa T. Grove
Robert S. Haveles Stacey Luster
Richard H. Maynard Peter J. McDonald
Edward J. Noonan, II James R. Phaneuf
Elizabeth Rappaport Kenneth J. Riley, Jr.
Paul F. Scully
2022 ANNUAL REPORT
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Dedham Institution for Savings
55 Elm Street
Dedham, MA 02026-9107
Telephone: 781-329-6700
Fax: 781-320-4894
Branches:
100 Old Billerica Road, Bedford, MA 01730
1 Del Pond Drive, Canton, MA 02021-2749
260 Bussey Street, Dedham, MA 02026-2537
420 Washington Street, Dedham, MA 02026-1854
5000 Great Meadow Road, Dedham, MA 02026
1077 Great Plain Avenue, Needham, MA 02492
185 Central Street, Norwood, MA 02062-3534
45 South Main Street, Sharon, MA 02067
1428 Main Street, Walpole, MA 02081-1708
180 Main Street, Walpole, MA 02081-4033
673 High Street, Westwood, MA 02090-2500
MASSACHUSETTS DIVISION OF BANKS
104
Officers:
Peter G. Brown, President & CEO
Mark C. Ingalls, Executive Vice President, Chief Financial & Operating Officer
Robert M. Erasmi, Executive Vice President, Chief Retail Banking Officer
Sue Ellen McKinnon, Executive Vice President, Chief Bank Operations Officer
Douglas R. Shaw, Executive Vice President, Senior Lending Officer
Victoria A. Graves, Executive Vice President, Chief Information Officer
Laura W. Dorfman, Executive Vice President, Residential & Consumer Lending
Pamela A. Millard, Executive Vice President, Chief Risk Officer
Norman A. Hayes, III, Senior Vice President, Commercial Real Estate Lending
Carol S. Lewis, Senior Vice President, Compliance Officer
Karen Cohn, Senior Vice President, Commercial Real Estate
Charles Shediac, Senior Vice President, Commercial Real Estate
Tonia S. Reilly, Senior Vice President, Contact Center/Dep Support
Gaar Talanian, Senior Vice President, Sales Manager
William A. Kane, Jr., Senior Vice President, Director of IT
Maria G. Ingegneri, Senior Vice President, Loan Operations
Anne V. McBride, Senior Vice President, Senior Credit Officer
Tracy E. Harvard, Senior Vice President, Residential and Consumer Lending
James P. Hanlon, Senior Vice President, Infrastructure/Network
Elizabeth A. Bissell, Senior Vice President, Marketing
Victoria B. Kane, Senior Vice President, Director of Human Resources
Lisa M. Johnson, Senior Vice President, Internal Auditor
Amanda Justice, Senior Vice President and Treasurer
James Horrigan, Senior Vice President, Commercial Lending Team Leader
Heidi A. White, Senior Vice President, Retail Branch Administrator
Lindsay J Wiedemann, Vice President, Controller
Frederick Murphy, Jr, Vice President, Commercial Real Estate Lending
Laura Hickson, Vice President, BSA & Security Officer
Martin F. Connors, III, Vice President, Commercial Lending
Robert Madden, Vice President, CRA Loan Officer
Tracy Rossi, Vice President, Training Officer
Peter Hughes, Vice President, Sales Manager
Christopher Teachout, Vice President, Business Banking
Pauline M Dzengelewski, Vice President, Residential Loan Officer
Alex Cavallini, Vice President, Commercial Lending
Anna Conte, Vice President, Branch Manager
Beverly Somerville, Vice President, CRA Officer
Holly E Lite, Vice President, Secondary Market
Cynthia J Sullivan, Vice President, Residential Loan Officer
Robin McLeod, Vice President, Human Resources Operations Officer
Charles M Toczylowski, Vice President, Business Banking
Josephine Mustone, Vice President, Residential & Consumer Lending
Laura Timmerman, Vice President, Information Technology Operations
Richard S Burke, Vice President, Government and Not for Profit Banking
Gerald D. Marcus, Vice President, Commercial Real Estate Lending
Kerry A Riggins, Vice President, Electronic Banking
Laura Macs, Vice President, Branch Manager
Joseph McPhee, Vice President, Commercial Real Estate Lending
Diane Hutchinson, Vice President, Residential Lending System Administrator
2022 ANNUAL REPORT
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Directors/Trustees:
David S. Beckwith Milton J. Benjamin, Jr.
Peter G. Brown John J. Czyzewski
James L. Elcock John H. Emmons, Jr.
Mark R. Epker Gary Evee
Peter S. Gregory Kevin F. Hampe, Esq.
Jean M. Joy Juanita Allen Kingsley
Alexander K. Leith Lora M. Pellegrini
Louis A. Rizoli Charles T. Spiegel
Dean H. Steeger Christine L. Todd
Philip R. Weber
103
MASSACHUSETTS DIVISION OF BANKS
106
Eagle Bank
350 Broadway
Everett, MA 02149-3698
Telephone: 617-387-5110
Fax: 617-387-3393
Branches:
389 Hanover Street, Boston, MA 02113
299 Ferry Street, Everett, MA 02149-3698
1768 Massachusetts Avenue, Lexington, MA 02420
104 South Main Street, Middleton, MA 01949
Officers:
Marc J. Whittaker, President & CEO
Jennifer Duarte, Executive Vice President
James Hollis, Executive Vice President, Treasurer & CFO
Derek Delaney, Executive Vice President & Chief Loan Officer
Gayle Aponas, Senior Vice President & Controller
Terrance Weaver, Senior Vice President & Chief Information Officer
William Rivers, Vice President, Compliance & CRA Officer
Directors/Trustees:
Laura Carman, Andrew Hajducky, III,
Francis LaRovere III Nicholas Leo,
Judith Moore, Richard Rocco, Jr.,
Riccardo Rullo, Lawrence Shuman,
William Solberg, James H. Whittaker
2022 ANNUAL REPORT
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East Cambridge Savings Bank
292 Cambridge Street
Cambridge, MA 02141-1263
Telephone: 617-354-7700
Fax: 617-354-3475
Branches:
105 Broadway, Arlington, MA 02474
395 Trapelo Road, Belmont, MA 02478
1310 Cambridge Street, Cambridge, MA 02139-1377
459 Broadway, Cambridge, MA 02138-4192
360 Broadway, Chelsea, MA 02150-5687
98 Pleasant Street, Malden, MA 02148
9 Playstead Road, Medford, MA 02155
243 Salem Street, Medford, MA 02155
285 Highland Avenue, Somerville, MA 02143-1397
860 Lexington Street, Waltham, MA 02452
237 Lexington Street, Woburn, MA 01801
Officers:
Gilda M. Nogueira, President & CEO
Salwa B. Kaldas, Executive Vice President, Treasurer & CFO
Gisela L. Margotta, Executive Vice President, Chief Risk Officer
Timothy E. Bombard, Executive Vice President, Chief Lending Officer
John M. O'Donnell, Executive Vice President, Commercial Lending Officer
Francesca B. DeFabrizio, First Senior Vice President, Chief Human Resources Officer
Margaret C. O'Halloran, Senior Vice President, Retail Banking
Michael S. Allen, Senior Vice President, Deposit Operations & CRA Officer
Sharon E. Plante, Senior Vice President, Controller
Joanne Aliber, Senior Vice President, Director of Marketing and Strategy
Richard L. Archambault, Senior Vice President, Commercial Lending Officer
Deborah A. Dobbins, Senior Vice President, Commercial Lending Officer
Stephen E. Ferullo, Senior Vice President, Commercial Lending Officer
Kavitha Venkatakrishnan, Senior Vice President, Commercial Lending Manager
Richard J. Sullivan, Jr., Senior Vice President, Commercial Lending Officer
Patrick A. Normile, Vice President, Compliance Officer
Lynn M. Wahlquist, Vice President, Commercial Lending Officer
Jon C. Carrick, Vice President, Commercial Loan Operations Manager
Daniel J. Donell, Vice President, Commercial Credit Officer
Laura J. Berg, Vice President, Community Outreach Officer
Curtis C. Jones, Vice President, Financial Advisor
Joseph C. Cavallini, Vice President, Commercial Loan Portfolio Manager
Ann Marie McGilvreay, Vice President, Human Resources Manager
Philip A. Miller, Vice President, Information Technology Officer
Bonnie L. Pietragallo, Vice President, Retail Lending Operations
Nichole M. Tady, Vice President, Deposit Operations
MASSACHUSETTS DIVISION OF BANKS
108
Directors/Trustees:
Joseph A. Amoroso, Jr. Charles Aufiero
Richard A. Bentubo Thomas G. Burke
Stephanie M. Burke, CPA Susan M. Flannery
Susan E. Gallant, CPA Sergio M. Jaramillo
Ronald A. Layne Daniel A. Leone
Patrick Monkiewicz Gilda M. Nogueira
Edward O. Owens, Jr., CPA Albert M. Pacheco
Thomas M. Pilleri, CPA Richard C. Rossi, Jr.
Arthur C. Spears, CPA
106
2022 ANNUAL REPORT
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Easthampton Savings Bank
36 Main Street,
Easthampton, MA 01027-0351
Telephone: 413-527-4111
Fax: 413-527-7213
Branches:
770 Main Street, Agawam, MA 01001
253 Triangle Street, Amherst, MA 01002
40 State Street, Belchertown, MA 01007
241 Northampton Street, Easthampton, MA 01027
100 East Street, Hadley, MA 01035
170 Sargeant Street, Holyoke, MA 01040
297 King Street, Northampton, MA 01060
605 Granby Road, South Hadley, MA 01075
134 College Highway, Southampton, MA 01073
85 Broad Street, Westfield, MA 01085
MASSACHUSETTS DIVISION OF BANKS
110
Officers:
Matthew S. Sosik, President & CEO
Bozena V. Dabek, Executive Vice President, Chief Administrative Officer
Gilbert F. Ehmke, Executive Vice President, Treasurer & CFO
Lynn M. Starr, Executive Vice President, Chief Information Officer
Dena M. Hall, Executive Vice President, Chief Marketing Officer
R. Ryan Leap, Executive Vice President, Commercial Lending
Randall J. Gage, Executive Vice President, Chief Credit Officer
Karen Yancik, Senior Vice President, Senior Compliance & Risk Management Officer
Maura Kelly, Senior Vice President Cash Management
Katie Moar, SVP Loan Servicing
Trenton Taylor, Senior Vice President Commercial Lending
Norma Collins, Senior Vice President Deposit Operations
Lynne P Feiz, SVP Corporate Communications Officer
William A. Fontes, Senior Vice President Commercial Lending
Maryann M. Geiger, Senior Vice President, Director of Operations
Nancy A. Lapointe, Senior Vice President Retail Banking
Michael Fitzgerald, Vice President Information Technology
Susanne deVillier, Vice President Branch Officer
Paul J. Mokrzecki, Senior Vice President Government Banking
Lori J Ingraham, Vice President/Controller
Patricia M. Cramm, Vice President Facilities
Katherine Latour, VP Security & Fraud Risk Officer
Thomas Florence, Vice President Government Banking
Sharon Mahlert, VP Learning & Development
Melissa Soto, Vice President Commercial Lending
Erin M Joyce, Vice President Special Assets
Tiffany Raines, Vice President Branch Officer
David Gomes, Director of Facilities
Maureen Mahar, Vice President Commercial Lending
Michael Oleksak, VP Commercial Lending
Robert S. Wheten, Vice President Commercial Credit
Christopher S Sugrue, Vice President Commercial Lending
Alison Tower, Vice President, Compliance & CRA Officer
Kristine A. Koczajowski, Vice President Wealth Management
Katherine L. Sordillo, Vice President Branch Officer
William D. Judd, Jr., Vice President Cash Management
Gary Turku, Vice President Branch Officer
Directors/Trustees:
Richard J. Abbott, Jr. Thomas V. Giles
James G. Hayden, DVM Mark M. Klepacki, DMD
Charles B. McCullagh, Jr. Carol A. Perman
Andrew Robb Matthew S. Sosik
Anthony P. Villani
2022 ANNUAL REPORT
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Florence Bank
85 Main Street
Florence, MA 01062-0700
Telephone: 413-586-1300
Fax: 413-582-9491
Branches:
385 College Street, Amherst, MA 01002
20 George Hannum Street, Belchertown, MA 01007
705 Memorial Drive, Chicopee, MA 01020
5 Main Street, Easthampton, MA 01027
68 Pleasant Street, Granby, MA 01033
377 Russell Street, Hadley, MA 01035
176 King Street, Northampton, MA 01060
58 Main Street, Northampton, MA 01060
1444 Allen Street, Springfield, MA 01118
1010 Union Street, Suite E, West Springfield, MA 01089
1 Main Street, Williamsburg, MA 01096
MASSACHUSETTS DIVISION OF BANKS
112
Officers:
Michael J. Lynch, Senior Vice President, Senior Commercial Loan Officer (Interim Presi
Shelley M. Daughdrill, Senior Vice President, Retail Banking
Barbara-Jean DeLoria, Senior Vice President, Chief Credit Risk Officer
Jeremy W. Melton, Senior Vice President, Operations/Risk Management
Michael T. Moriarty, Senior Vice President, Commercial Team Leader
Monica S. Curhan, Senior Vice President, Marketing
Diane M. Gould, Senior Vice President, Human Resources
Sarah E. Darling, Vice President and Treasurer
Kathleen G. O'Brien, Vice President, Audit Manager
Joseph Kulig, Vice President
Andre J Motulski, Controller
Michelle M Moreau, Vice President
Erin Prickett, Vice President
David J Limero, Vice President
Henry M Downey, Vice President
Kurt Shouse, Vice President
Sharon Malouin, Audit Officer
Jeanne Woods, Vice President
April O'Brien, Vice President
Elissa M. Langevin, Vice President
Maria Hass, Vice President
Jenna Rahilly, Vice President
Douglas Gilbert, Vice President
James Montemayor, Vice President
Jessica L Wales, Vice President
Kimberly L. Baker, Vice President
Angela Bourbeau, Vice President
Leola M. McCarthy, Vice President
Erin Couture, Vice President
James Hickey, Vice President
Michael A. Davey, Vice President
Toby L. Daniels, Vice President
Michele Z. Lawrence-Bennett, Vice President
Stephanie G. Burbine, Vice President
Timothy Deshaies, Vice President
Bethany D Rose, Vice President
Mark Cavanaugh, Vice President
Cynthia A Malinowski, Vice President
Susan Seaver, Vice President
Nicole Gleason, Vice President
Michelle J Cayo, Vice President
Anita J. Sedlak, Vice President
2022 ANNUAL REPORT
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Directors/Trustees:
David W. Alvord Christine A. Aubrey
Tania M. Barber Robert F. Borawski
Ruth H. Constantine Kevin R. Day
John E. Ebbets Mary Ellen Niles Howard
Thomas J. McCarthy Frank Stellato
Joel L. Vengco
111
MASSACHUSETTS DIVISION OF BANKS
114
Greenfield Savings Bank
400 Main Street,
Greenfield, MA 01301
Telephone: 413-774-3191
Fax: 413-774-4277
Branches:
6 University Drive, Amherst, MA 01002
108 North Pleasant Street, Amherst, MA 01002
181 Parsons Road, Conway, MA 01341
140 Russell Street, Route 9, Hadley, MA 01035
207 Main Street, Northampton, MA 01060
325A King Street, Northampton , MA 01060
58 Bridge Street, Shelburne Falls, MA 01370
61 North Main Street, South Deerfield, MA 01373
282 Avenue A, Turners Falls, MA 01376
Officers:
Thomas J. Meshako, President & CEO
Shandra Richardson, Senior Vice President & Senior Operations Officer
William R. Granger, Senior Vice President & Chief Information Officer
Stephen B. Hamlin, Senior Vice President & Senior Trust Officer
Mark K. Grumoli, Senior Vice President & Commercial Loan Officer
Lori A. Grover, Senior Vice President & Senior Residential Lending Officer
Janice Ward, First Vice President & Trust Officer
Andrew J. Bresciano, First Vice President & Commercial Loan Officer
Donald LaFontaine, Vice President & Controller
Cassandra Morrey, Vice President & Residential Lending Officer
Ian Vukovich, Vice President, Business Services & Development
Karen M. Cartier, Vice President of Compliance & BSA Officer
Kimberly Alli, Vice President & Commercial Loan Officer
Prudence Blond, Vice President & Trust Officer
Christina M. Gay, Vice President & Human Resource Officer
Carmen L. Bassett, Vice President & Infinex and Trust Liason Officer
Michelle Laurie, Vice President & Commercial Loan Officer
Kevin De Rosa, Vice President & Branch Distribution Network Officer
Panna Royal, Vice President & Senior Network Administrator
Tina Flagg, Vice President & Commercial Loan Administration Manager
Michael Loughran, Vice President & Commercial Credit Officer
Sherie Lewis, Vice President & Operations Officer
Matthew Sheridan, Vice President & Infinex Investment Executive
Linda Dagilus, Vice President & Trust Officer
Tara Brewster, Vice President, Business Development
2022 ANNUAL REPORT
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Directors/Trustees:
Rebecca B. Caplice Carl L. Chatto
Robert S. Cohn Regina E. Curtis
Timothy F. Farrell William Grinnell
Shane P. Hammond Gwendolyn Jones Boisseau
Amy McMahan Dennis J. Putnam
John M. Shanahan Elizabeth H. Sillin
Pamela H. Stobierski Gregory Thomas
Lynnette Watkins
113
MASSACHUSETTS DIVISION OF BANKS
116
HarborOne Bank
68 Legion Parkway
Brockton, MA 02301
Telephone: 508-895-1000
Fax: 508-895-1677
Branches:
660 Bedford Street, Abington, MA 02351
607 Pleasant Street, Attleboro, MA 02703
64 Broad Street, Boston, MA 02109
14 West Broadway, Boston, MA 02127
1952-1956 Beacon Steet, Boston, MA 02135
295 Bedford Street, Bridgewater, MA 02324
1608 Commonwealth Avenue, Brighton, MA 02135
68 Legion Parkway , Brockton, MA 02301
1601 Main Street, Brockton, MA 02301
820 North Main Street, Brockton, MA 02301
443 Belmont Street, Brockton, MA 02301
473 Harvard Street, Brookline, MA 02446
1739 Massachusetts Avenue, Cambridge, MA 02140
95 Washington Street, Canton, MA 02021
200 Comstock Parkway, Cranston, RI 02910
1155 Reservoir Avenue, Cranston, RI 02920
5750 Post Road, East Greenwich, RI 02818
2830 Pawtucket Avenue, East Providence, RI 02915
472 Foundry Street, Easton, MA 02356
618 George Washington Highway, Lincoln, RI 02865
131 Copeland Drive, Mansfield, MA 02048
2 West Grove Street, Middleborough, MA 02346
43 Commerce Way, Plymouth, MA 02360
101 Dudley Street, Providence, RI 02905
180 Washington Street, Providence, RI 02903
One Chestnut Place, Quincy, MA 02169
1 Credit Union Way, Randolph, MA 02368
500 South Street West & Route 44, Raynham, MA 02767
470 Washington Street, Stoughton, MA 02072
3830 Post Road, Warwick, RI 02866
2089 Warwick Avenue, Warwick, RI 02889
Officers:
Joseph F. Casey, President & CEO
David Reilly, EVP Operations
Linda Simmons, Executive Vice President & CFO
Brenda Diepold, EVP Retail Banking
Scott Sanborn, EVP Chief Lending Officer
Inez H. Friedman-Boyce, SVP General Counsel & Corporate Secretary
Kevin Hamel, SVP Chief Information Officer
David Tryder, SVP & Chief Marketing Officer
Joseph McQuade, SVP, Chief Enterprise Risk Officer
James Hanlon, VP Credit & Risk Officer
2022 ANNUAL REPORT
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Directors/Trustees:
Joseph F. Barry Mandy Lee Berman,
Joseph F. Casey David Frenette,
Gordon Jezard Barry Koretz
Timothy R. Lynch William Payne,
Wallace H. Peckham III Andreana Santangelo,
Michael Sullivan, Damian W Wilmot,
115
MASSACHUSETTS DIVISION OF BANKS
118
Hingham Institution for Savings
55 Main Street
Hingham, MA 02043-2590
Telephone: 781-749-2200
Fax: 781-787-2145
Branches:
540 Tremont Street, Boston, MA 02116
13 Elm Street, Cohasset, MA 02025-1828
300 Linden Ponds Way, Hingham, MA 02043
401 Nantasket Avenue, Hull, MA 02045-2799
35 Main Street, Nantucket, MA 02554
Officers:
Robert H. Gaughen, Jr., Chairman & CEO
Patrick R. Gaughen, President & COO
Cristian A. Melej, Vice President & CFO
Eileen P. Trainor, Vice President and Treasurer
Daniel Bagley, Vice President & CIO
Janice Spiess, Vice President
Scott Proper, Vice President
Sara Condgon, Vice President
Shawn T. Sullivan, Vice President
Patrick Garvey, Vice President
Alexander L. Boyd, Vice President
Jeffrey Geifman, Vice President
Paul Barry, Vice President
Andrew Garfinkle, Vice President
Robert Kaufman, Vice President
Holly Cirignano, Vice President
Andrew Vebber, Vice President
Brenda McGillicuddy, Vice President
Leigh Hemmings, Vice President
Kristin Casey, Assistant Vice President & BSA Officer
Directors/Trustees:
Howard Berger, Michael J. Desmond,
Ronald D. Falcione, Robert H. Gaughen, Jr.
Patrick R. Gaughen Kevin W. Gaughen, Jr.
Kara Gaughen Smith, Julio R. Hernando,
Brian T. Kenner, Esq. Robert A. Lane,
Scott L. Moser, Stacey M. Page,
Robert K. Sheridan, Geoffrey C. Wilkinson,
Sr. Jacqueline M. Youngworth,
2022 ANNUAL REPORT
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Institution for Savings in Newburyport and its Vicinity
93 State Street
Newburyport, MA 01950-0510
Telephone: 978-462-3106
Fax: 978-462-1980
Branches:
150 Main Street, Amesbury, MA 01913
4 Colon Street, Beverly, MA 01915
7 Elm Street, Boxford, MA 01921
4 Parker Street, Gloucester, MA 01930
545 Bay Road, Hamilton, MA 01982
112 County Road, Ipswich, MA 01938
2 Depot Square, Ipswich, MA 01938
161 South Main Street, Middleton, MA 01949
68 Storey Avenue, Newburyport, MA 01950-0510
37 King Street, Rockport, MA 01966
312 Haverhill Street, Rowley, MA 01969
6 Paradise Road, Salem, MA 01970
7 Bridge Road, Salisbury, MA 01952
5 Main Street, Topsfield, MA 01983
MASSACHUSETTS DIVISION OF BANKS
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Officers:
Michael J. Jones, Chairman, President & CEO
Kimberly A. Rock, Executive Vice President & COO
Robert C. LeGallo, Senior Vice President & CFO
Stephen P. Cote, Senior Vice President, Treasurer and Controller
Thomas M. Hopp, Senior Vice President & CIO
Mary Anne Clancy, Senior Vice President, Marketing and Communications
David E. Boudreau, Senior Vice President, Commercial Lending
Lawrence R. Hunter, Senior Vice President, Residential Lending
Kathleen M Ferreira, Senior Vice President, Human Resources
Caroline M. Meagher, Vice President, Electronic Banking
Tammy A. Roeger, Senior Vice President of Retail Banking
Anna L. Makos, Senior Vice President, Residential Lending
Marcia C. LaTorre, Senior Vice President, Credit Administration
Stella W. Pang, Senior Vice President, Chief Investment Officer
John A LeBlanc, Vice President, Loan Operations
Mark S Zink, Vice President, Commercial Lending
Kerry A. Hamel-Pope, Vice President, Lending Appraisals
Nancy J Taylor, Vice President, Residential Lending
Dawne Studzinski, Vice President, Commercial Lending, Credit Analyst
Hanson M Webster, Vice President, Information Security
Timothy J Burrill, Vice President, CRA Officer
Sandy A Corrao, Vice President, Residential Lending
Christine N Allen, Vice President, IT Security, Infrastructure & Operations
Lisa Kriz, Vice President Commercial Lending
Lynda Perkins, Vice President, Lending Compliance
Theresa M. Espinola, Vice President Commercial Lending
David S. Doucette, Vice President, Commercial Lending
Wesley R. Barry, Vice President, Retail Banking
Rosemary G. Frost, Vice President Residential Lending
Rebecca L. Conary, Vice President, Retail Operations
Valerie R. Trevisone, Vice President Commercial Lending
Rebecca L. Collins, Vice President of Finance
Lori G. Rostkowski, Vice President, Commercial Lending
Bruce A. Macdonald, Vice President, Branch Administration
Amy L Smith, Vice President & Assistant Treasurer
Jennifer A Morgan, Vice President, Branch Administration
Directors/Trustees:
Freeman J. Condon James V. Ellard
Ellen Galanis Nich, Kevin M. Gasiorowski
Cindy M. Johnson Michael J. Jones
John F. Leary, III Jeremiah T. Lewis
Ellen Mackey Rose R. Drew Marc-Aurele
Saira Naseer-Ghiasuddin Kimberly A. Rock
Richard J. Silverman Stuart E. Winfrey,
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Lee Bank
75 Park Street, P.O Box 627
Lee, MA 01238-0627
Telephone: 413-243-0117
Fax: 413-243-1524
Branches:
279 Main Street, Great Barrington, MA 01230
450 Pittsfield-Lenox Road, Lenox, MA 01240
75 North Street, Pittsfield, MA 01201
3 Elm Street, Stockbridge, MA 01262-0654
Officers:
Charles N. Leach III, President & CEO
Charles H. Bashara, Senior Vice President & CFO
Susan B. Brown, Senior Vice President, Administration
Andrew Weibel, Senior Vice President & Chief Information Technology Officer
Bruce Marzotto, Senior Vice President, Commercial Lending
Paula Lewis, Senior Vice President, Retail Lending
Paula Gangell-Miller, Vice President, Deposit Operations
Brandy McKie, Vice President, Retail Banking
Kevin Bisaccio, Vice President, Commercial Lending
David Harrington, Vice President, Commercial Lending
Christopher Kinne, Vice President, Commercial Lending
Mark McKenna, Vice President, Commercial Lending
Jason McLaughlin, Vice President, Credit Administration
Shannon Steele, Vice President & BSA Officer
Marianne Friesa, Vice President, Private Banking
Directors/Trustees:
David J. Bruce Chauncey Collins
Sanda Dignard Dani Holmes
Charles N. Leach III Jason McCandless
James Nejaime Pamela Roberts
Jessie G. Schoonmaker Craig Smith
Ilana Steinhauer
MASSACHUSETTS DIVISION OF BANKS
122
Lowell Five Cent Savings Bank, The
30 International Place
Tewksbury, MA 01876
Telephone: 978-452-1300
Fax: 978-441-6457
Branches:
700 Boston Road, Billerica, MA 01821
23 Fletcher Street, Chelmsford, MA 01824
2021 Lakeview Avenue, Dracut, MA 01826
750 Main Street, Haverhill, MA 01830
34 John Street, Lowell, MA 01852
1095 Westford Street, Lowell, MA 01851
125 E. Dunstable Road, Nashua, NH 03062
498 Chickering Road, North Andover, MA 01845
20 Groton Road, North Chelmsford, MA 01863
65 Groton Street, Pepperell, MA 01463
30 International Pl, Tewksbury, MA 01876
1775 Main Street, Tewksbury, MA 01876
250 Pawtucket Blvd., Tyngsborough, MA 01879
499 Groton Road, Westford, MA 01886
270 Main Street, Wilmington, MA 01887
Officers:
David E. Wallace, Chief Executive Officer
Jason K. Stephens, President
Edward Campanella, Executive Vice President, Treasurer & CFO
Alison E. Kalman, Executive Vice President, Corporate Affairs & Chief Retail Banking O
Trevor J. Bloom, Executive Vice President, Chief Lending Officer
Maura D. Sweeney, Executive Vice President, Chief Human Resources Officer
Kevin A. Kouble, Senior Vice President, Chief Information Officer
Glenn B. Goldman, Senior Vice President, Chief Risk Officer
David J. Karpinsky, Senior Vice President, Financial Analyst Officer
John S. Pratt, Jr., Senior Vice President, Commercial Lending Officer
Steven K. Ventre, Senior Vice President, Commercial Lending Officer
Lawrence R. Estelle, Jr., Senior Vice President, Commercial Lending Officer
Steven P. Martin Rochette, Senior Vice President, Electronic Banking
Mark A. Katimy, Senior Vice President, Commercial Lending Officer
Thomas N. Boucher, Senior Vice President, Commercial Lending
A. Justin McCarthy III, Senior Vice President, Commercial Lending Officer
Donna M. Hauswirth, Senior Vice President, Mortgage Lending
William Guilfoil, Vice President, Residential & Consumer Lending
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Directors/Trustees:
Deborah A. Belanger Robert A. Caruso
Brian L. Chapman Tracey W. Cody
James G. Cullen D. John Gagnon
Paul F. Gleason Amy J. Hoey
Brian L. Lussier A. Justin McCarthy, Jr.
Dennis E. McHugh Michael S. Reilly
Angelos D. Sakelarios Steven C. Saro
James C. Shannon III Maura D. Sweeney
Jay R. Wallace David E. Wallace
121
MASSACHUSETTS DIVISION OF BANKS
124
Main Street Bank
81 Granger Boulevard
Marlborough, MA 01752-3865
Telephone: 508-481-8300
Fax: 508-481-2702
Branches:
7 Main Street, Ayer, MA 01432-0469
186 Main Street, Hudson, MA 01749
220 Great Road, Littleton, MA 01460
947 Massachusetts Avenue, Lunenburg, MA 01462
71 Boston Post Road, Marlborough, MA 01752-3865
101 West Main Street, Northborough, MA 01532
80 Main Street, Pepperell, MA 01463
6 East Main Street, Southborough, MA 01772
439 Boston Post Road, Sudbury, MA 01776
Officers:
Walter Dwyer IV, Chief Executive Officer
Ellen W. Dorian, President & COO
Paul Musgrove, Executive Vice President & CFO
Jeff Tucker, Executive Vice President, Strategy & Risk
Suzanne M. Dupre, Executive Vice President, Director of Human Resources
Ruth Cavanagh, Executive Vice President, Chief Commercial Lending Officer
Karen Thorne, Senior Vice President, Commercial Credit
William Brassard, Senior Vice President, Sr. Commercial Loan Officer
Jennifer Berube, Senior Vice President, Cash Management
Dawn Melanson, Senior Vice President, Operations
Carl Flumerfelt, Senior Vice President, Commercial Lending
Thomas Dufault, Senior Vice President, Mortgage Banking
Michael Demarco, Senior Vice President, Commercial Lending
David McCabe, Senior Vice President. Commercial Lending
Donna Morel, Vice President, Senior Branch Administrator
Donna Driscoll, Vice President, Branch Administrator
Andrew McCully, Vice President, Director of Technology
Stephen Maintanis, Vice President, Commercial Loan Officer
Brandon Curran, Vice President, Senior Relationship Manager
Jamie Conaghan, Vice President, Marketing & Digital
Kim Hardiman, Vice President, Deposit Operations
Brian Matthes, Vice President, Finance
Roland Paquette, Vice President, Facilities & Physical Security Officer
William M. Keyles, Vice President, Director of HR and Learning & Development
Renee Jaworek, Vice President, BSA
John Spinello, Vice President, Controller
A. Tyner Lawrence, Vice President, Commercial Portfolio Officer
Jeffrey Morse, Vice President, Commercial Loan Officer
Todd Sibley, Vice President, Commercial Loan Officer
Patrick Bean, Vice President, Commercial Loan Officer
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Directors/Trustees:
David Alexander, Sem Aykanian,
Jeffrey J. Batta Richard K. Bennett
Heidi Degrazia, Walter Dwyer IV
John F. Gervais Emily Greenwood,
Kevin P. Horgan Arthur P. Redding
Steve P. Roach Cynthia Russo,
123
MASSACHUSETTS DIVISION OF BANKS
126
Marblehead Bank
21 Atlantic Avenue,
Marblehead, MA 01945-0027
Telephone: 781-631-5500
Fax: 781-631-1158
Branches:
100 Cummings Center, Suite 101-F, Beverly, MA 01915
One Humphrey Street, Marblehead, MA 01945-0027
125 Canal Street, Salem, MA 01970
Officers:
Mark Llewellyn, President & CEO
Kathleen A Kain, Exec. Vice President
Diane Rossini, Executive Vice President & CFO
Suzanne Pinho, Senior Vice President, Deposit Operations/Retail Banking
Merrill Belmer, Executive Vice President
Marcia Lewis, Vice President, Residential and Consumer Lending
Tanya Asnis, Vice President Complaince
Kristin Latulippe, Vice President, Accounting
Chris Speliotis Conroy, Vice President, Systems/Security
Scott Klocker, Vice President, Technology
Amy Hart, Vice President Lending
Matthew Ingram, Assistant Vice President Business Development
Kyle Fiske, Assistant Vice President Loan Servicing
Directors/Trustees:
Mark Bresner, Alexander Falk,
Stephen J. Farrar, William R. LeBlanc,
Mark Llewellyn Andrew Lovely,
Sarah McIlroy, Janet Moore,
W. Thomas Moulton, Jr, Mark O'Connor,
Charles Pendleton, Mark Shapiro,
Dr. Keith E. Taylor, Dr. Tim Tobin,
2022 ANNUAL REPORT
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Martha's Vineyard Bank
78 Main Street
Edgartown, MA 02539
Telephone: 508-627-4266
Fax: 508-627-7588
Branches:
517 South Road, Chilmark, MA 02535
78 Main Street, Edgartown, MA 02539
236 Edgartown-Vineyard Haven Road, Edgartown, MA 02539
84 Main Street, Falmouth, MA 02540
397 Palmer Avenue, Falmouth, MA 02540
14 Oak Bluffs Avenue, Oak Bluffs, MA 02557
4 Uncas Avenue, Oak Bluffs, MA 02557
11 State Road, Tisbury, MA 02568
490 State Road, West Tisbury, MA 02575
2 Water Street, Woods Hole, MA 02543
Officers:
Jeanne Ogden, Vice President, Retail Banking
Christine Conrad, Vice President, Marketing and Solutions Development
Anthony M Leone, Vice President, Senior Credit Officer
Edward Murphy, Managing Director Investment Services
Susan Dostal, Vice President, Human Resource Officer
Philip J. Mercier, Vice President, Commercial Lending
James M. Anthony, President & CEO
John W. Coskie, Jr, Vice President, Director of IT
Charles A. Kroll, Vice President, Treasurer & CFO
Directors/Trustees:
James M. Anthony Stever Aubrey,
Beth S Colt, Donna L. Cummens,
Kenneth C. Galley Wayne C. Lamson,
Ronald H. Rappaport, George A. Santos, Jr.
Alison Shaw Reid G. Silva,
Jennifer Smith Turner, Ann M Tyra
MASSACHUSETTS DIVISION OF BANKS
128
Monson Savings Bank
146 Main Street
Monson, MA 01057-0188
Telephone: 413-267-4646
Fax: 413-267-9564
Branches:
61 North Main Street, East Longmeadow, MA 01028
15 Somers Road, Hampden, MA 01036
136 West Street, Ware, MA 01082
75 Post Offie Park, Wilbraham, MA 01095
100 Post Office Park, Wilbraham, MA 01095
Officers:
Daniel R. Moriarty, Sr., President & CEO
Michael R. Rouette, Executive Vice President & Chief Operating Officer
Kandra M. Tranghese, Vice President & CFO
Dina A. Merwin, Senior Vice President, Chief Risk & Senior Compliance Officer
Theresa A. Fox, Senior Vice President, Chief Retail Officer
Robert Chateauneuf, Senior Vice President, Senior Commercial Loan Officer
Nancy A. Dahlen, Senior Vice President, Residential & Consumer Lending
Jack W. Hibbard, Vice President, Controller & Security Officer
Doris C Carpentier, Vice President, Human Resources Officer
Kevin Hicks, Vice President, Information Technology Officer
Caitlin O'Connor, Vice President, Marketing Officer
Directors/Trustees:
Ken Albano Mark Borsari
Stephen R. Chiacchia Charlie Christianson
Claire Clini Donald J. Frydryk
Stacy Gilmore Steven E. Lowell
Gary R. Mayotte Daniel R. Moriarty, Sr.
Thomas R. Pratt Aram R. Vartanian
2022 ANNUAL REPORT
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MountainOne Bank
93 Main Street
North Adams, MA 01247
Telephone: 855-444-6861
Fax: 413-662-2125
Branches:
111 Silver Lake Boulevard, Pittsfield, MA 01201
77 Granite Street, Quincy, MA 02169
279 Union Street, Rockland, MA 02370-0533
54 Front Street, Scituate, MA 02066-0048
795 Main Street, Williamstown, MA 01267-0068
Officers:
Robert J. Fraser, President & CEO
Steven J. Owens, Executive Vice President, Treasurer & COO/CFO/CIO
Lynne M. Carlotto, Executive Vice President, Senior Risk Management & CRA Officer
Michael E. MacArevey, Senior Vice President, Senior Operations Officer
Richard W. Bromberg, Senior Vice President, Director of Information Technology & ISO
Linda B. Levesque, Senior Vice President, Risk Management
Beth Petropulos, Senior Vice President, Human Resources
Jill Amato, Senior Vice President, Marketing & Community Banking Officer
Richard P. Kelly, Senior Vice President, Commercial Lending and Berkshire County Tea
Michael Z. Pang, Senior Vice President, Credit Administration
Timothy P. Rhuda, Senior Vice President, Senior Commercial Lending Officer
Andrew S. Garfinkle, Senior Vice President, Commercial Lending
Matthew B. Kreiser, Senior Vice President, Commercial Lending
Matthew P. Lauro, Senior Vice President, Commercial Lending
Marie A. Harris, Vice President, Credit Administration
Jonathan Denmark, Vice President, Insurance Services
Randy T. Burdick, Vice President, Regional Community Banking Officer
Robert Abel, Vice President, Financial Services
Jennifer A. Fifield, Vice President, Controller
Melissa DaCosta, Vice President, Commercial Lending
Michael D. Minicucci, Vice President, Commercial Lending
Kelli Kozak, Vice President, Community Development Officer
Stephanie Scott, Vice President, BSA/AML and OFAC Deposit Operations Officer
Steven Munger, Vice President, Commercial Lending
Lucille A. Weare, Vice President, Regional Community Banking Officer/Branch Operatio
Kim E. Anderson, Vice President, Loan Compliance Officer
MASSACHUSETTS DIVISION OF BANKS
130
Directors/Trustees:
James Bailey Daniel E. Bosley
Noreen Carey-Neville David W. Crane
Robert J. Fraser Mary K. Grant
Antony K. Haynes Susan S. Hogan
Kevin Maguire Thomas P. O'Connell
William Spence Joseph Thompson
Karen L. Zink
128
2022 ANNUAL REPORT
131
Newburyport Five Cents Savings Bank
63 State Street
Newburyport, MA 01950-6688
Telephone: 978-462-3136
Fax: 978-462-9672
Branches:
40 Friend Street, Amesbury, MA 01913
43 Main Street, Amesbury, MA 01913
836 Central Avenue, Dover, NH 03820
137 Portsmouth Avenue, Exeter, NH 03833
321 Lafayette Road, Hampton, NH 03842
27 High Road, Newbury, MA 01951
21 Storey Avenue, Newburyport, MA 01950
254 State Street, Portsmouth, NH 03801
1390B Lafayette Road, Portsmouth, NH 03801
6 Merrill Street, Salisbury, MA 01952
MASSACHUSETTS DIVISION OF BANKS
132
Officers:
Lloyd L. Hamm, Jr., President & CEO
Timothy L. Felter, Senior Executive Vice President, Treasurer & CAO/CFO
James L. Thompson III, Senior Executive Vice President & Senior Lending Officer
Terence McGinnis, Executive Vice President & Chief Legal Officer
Kimberley A. Foulkes, Executive Vice President & CRA Officer
Rebecca A. Regnet, Executive Vice President & Chief Talent Officer
Karen L. Turmenne, Senior Vice President & Chief Risk Officer
Mitchell Marcus, Senior Vice President, Commercial Loan Officer/Team Leader
Keri A. Sullivan, Senior Vice President, Director of Bank Operations
Kevin B. Noyes, Senior Vice President, Director of Retail Banking
Ronald P. Richer, Senior Vice President, General Services Manager
James J. Williams, Senior Vice President
Thomas L. Strickler, Senior Vice President
Patricia A. Burns, Senior Vice President
Lisa Brodeur, Senior Vice President, Commercial Loan Officer
John Burcke, Senior Vice President, Commercial Loan Officer/Team Leader
Tina M. Paulsen, Senior Vice President, Commercial Loan Officer
Beth Dietz-Tuttle, Senior Vice President, Commercial Lending Officer
Jo Ann Klatskin, Senior Vice President, Government Banking Manager
Joanna Buccieri, Senior Vice President, Residential Lending Manager
Scott A. Eaton, Senior Vice President, Treasury & Business Deposit Services Manager
Ryan J. Bishop, Senior Vice President & Credit Administration Officer
Steven A. Beaudoin, Senior Vice President & Chief Technology Officer
Jeffrey R. Dickinson, Senior Vice President, Corporate Banking
Valerie B. King, Vice President
Elma Mandzo-Jovanovic, Vice President
Elizabeth J. Blackburn, Vice President and Corporate Clerk
Deborah E. Tremblay, Vice President & Security Officer
Tricia A. Herdrich, Vice President and Assistant Controller
Lisa A. Stonesifer, Vice President
Laurie A. Aspinwall, Vice President
Brittany Seidman, Vice President, Portfolio Manager
Kelly J. Hutchinson, Vice President
Scott Wolkovich, Vice President
Brian G. Harrington, Vice President
Stephanie Santos, Vice President, Business Banking Manager
Anthony M. Demers, Vice President, Commercial Loan Officer
V. John Garozzo, Vice President, Commercial Loan Officer
Robert H. Jones, Vice President, Commercial Loan Officer
Scott A. Terry, Vice President, Commercial Loan Officer
Alyson S. Graybill, Vice President, Commercial Loan Officer
Karen M. Michalski, Vice President, Corporate Banking
Thomas G. Murphy, Vice President, Consumer Lending Manager
Kevin F. Hulse, Vice President, Senior Residential Loan Officer
Christine A. Morency, Vice President, Residential Loan Officer
Jodi Panzica, Vice President, Treasury & Business Relationship Manager
Kerry J. Aponas, Vice President & Compliance Officer
Alysa M. Morse, Vice President
2022 ANNUAL REPORT
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Beth McNeff, Vice President
Stephanie L. Federico, Vice President
Kellie J. Wood, Vice President
Amanda J. Gray, Vice President
William Rayno, Assistant Vice President, Commercial Loan Portfolio Manager
Dulci Finnemore, Assistant Vice President, Residential Loan Servicing
Lindsey E. St. Pierre, Assistant Vice President, Business Banking Officer
Max A. Laguerre, Assistant Vice President, Government Banking Specialist
Amanda Kelcourse, Assistant Vice President, Business Banking Officer
Corina L. Klein, Assistant Vice President, Treasury & Business Relationship Manager
Kimberly J. Matsumoto, Assistant Vice President
Cindy Lindley, Assistant Vice President, Business Development Officer
Joshua Sanchez, Assistant Vice President, Residential Mortgage Loan Officer
Patricia A. Rooney, Assistant Vice President
Amy E. Leary, Assistant Vice President
Raymond H. Danjou, Assistant Vice President
Debra L. DelVecchio, Assistant Vice President
Mercedes V. Monaco, Assistant Vice President
Michael S. Tager, Assistant Vice President
Dorothy Tully, Assistant Vice President
Katelyn M. Kneeland, Assistant Vice President
Kimberly A. Bryan, Assistant Vice President
Christine L. Doucette, Assistant Vice President
Richard H. Drohan, Assistant Vice President
Matthew A. Lambert, Assistant Vice President
Erica L. LeMire, Assistant Vice President
Matthew G. Pappavasiliou, Assistant Vice President
David M. Gallagher, Assistant Vice President
Kristina L. Saalfrank, Assistant Vice President
Erica L. Brooks-Sayers, Assistant Vice President
Directors/Trustees:
Karen E. Andreas Stephen P. Blanchette
Christopher M. Bouton Stephen J. DeGuglielmo
Brian S. Fecteau Lloyd L. Hamm, Jr.
Edward R. Hayes Patricia C. Johnson-Bascom
Janice C. Morse Charles W. Morse III
Jeffrey D. Nahas K. Mark Primeau
Jean L. Trim Michael A. Webber
131
MASSACHUSETTS DIVISION OF BANKS
134
North Brookfield Savings Bank
9 Gilbert Street
North Brookfield, MA 01535
Telephone: 508-637-7434
Fax: 508-867-7574
Branches:
4 Daniel Shays Highway, Belchertown, MA 01007
100 West Main Street, East Brookfield, MA 01515
1051 Thorndike Street, Palmer, MA 01069-0923
2060 Main Street, Three Rivers, MA 01080-1115
40 Main Street, Ware, MA 01082-0849
128 West Main Street, West Brookfield, MA 01585
Officers:
Marco F. Bernasconi, Jr., President & CEO
Andrea Healy, First Senior Vice President & CAO
Jay Jill, First Senior Vice President & CIO
Kaz Borawski, Senior Vice President, Treasurer & CFO
Pamela Berry, Senior Vice President & Compliance Officer
Patricia A. Ostrout, Senior Vice President, Retail Banking
Richard B. Egan, II, Senior Vice President, Commercial Loan Officer
Kelly Connelly, First Vice President and Director of Mortgage Lending
Cheryl Orne, Vice President and Deposit Operations Manager
Ann M. Brady, Assistant Vice Presidnt and Controller
Directors/Trustees:
Thomas C. Baker, III Marco F. Bernasconi, Jr.
Damien Berthiaume Donna L. Boulanger
Harold R. Chesson, III Roland A. Gauthier
Gregory C. Kline Vincent J. Lucchesi
Elizabeth A. Martinelli Jeffrey A. Spencer
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North Easton Savings Bank
20 Eastman Street
South Easton, MA 02375
Telephone: 508-297-8000
Fax: 508-297-8069
Branches:
777 Belmont Street, Brockton, MA 02301
656 Crescent Street, Brockton, MA 02302
74 Main Street, Carver, MA 02330
679 Depot Street, Easton, MA 02375
336 Plymouth Street, Halifax, MA 02338
430 Liberty Street, Hanson, MA 02341
71 Copeland Drive, Mansfield, MA 02048
448 W. Grove Street, Middleboro, MA 02346
295 Main Street, North Easton, MA 02356
25 West Main Street, Norton, MA 02766
172 Mansfield Avenue, Norton, MA 02766
2 Pilgrim Hill Road, Plymouth, MA 02360
547 Washington Street, South Easton, MA 02375
570 Washington Street, Whitman, MA 02382
342 Bedford Street, Whitman, MA 02382
Officers:
Richard B. Spencer, President & CEO
Aileen A. Zec, Executive Vice President & COO
Charles P. Berkeley, Senior Vice President, Treasurer & CFO
Marilyn M. Lewis, Senior Vice President & Chief Risk Officer
Paul R. Little, Senior Vice President & Chief Credit Officer
Ralph Letner, Chief Lending Officer
David Hogan, Senior Vice President, Director of IT
Kelli Poulos, First Vice President, Retail Banking
Leanne Allegrini, First Vice President, Operations
Daniel Horgan, First Vice President, Residential and Consumer Lending
Bethany Bewsher, Vice President & Compliance Officer
Directors/Trustees:
William Alford Robert J Berg,
Louis J. Certuse Christopher Cooney,
Thomas A Deubler, John C. Hurley
Susan Joss, Edward Joubert
Dolores M. Kent Stephanie Lipinski-McDonald,
Kristina L McGill, Daniel T. Morse
William Morse, Paul J Schleicher,
Richard B. Spencer Christopher Sulmonte,
Ronald Whitney,
MASSACHUSETTS DIVISION OF BANKS
136
Pentucket Bank
One Merrimack Street
Haverhill, MA 01830
Telephone: 978-372-7731
Fax: 978-521-2701
Branches:
201 Route 111, Hampstead, NH 03841
120 Lincoln Avenue, Haverhill, MA 01830
395 Lowell Street, Haverhill, MA 01832
One Merrimack Street, Haverhill, MA 01830
1065 Osgood Street, North Andover, MA 01845
234 North Broadway, Salem, NH 03079
Officers:
Jonathan H. Dowst, President & CEO
Karl Denu, Senior Vice President & CFO
Eric Leuteritz, Senior Vice President & COO
Robert Glosner, Senior Vice President & CIO
Stephen Jaskelevicus, Senior Vice President & Chief Credit Officer
Carol Wilson, Senior Vice President & Chief Experience Officer
Michele Curtis, Senior Vice President
Lori Luponi, Senior Vice President
Stacey Palovich, Senior Vice President
Kevin McKinnon, Senior Vice President
Jean L. McCann, Vice President
Michelle Queenan, Vice President
Marie Ferris, Vice President
Claire Koffman, Vice President
Maureen Meletis, Vice President
Kyle Brennan, Vice President
Eric Landers, Vice President
Danielle Sheehan, Vice President
Leanne Eastman, Vice President
Michael V Milano, Vice President
Samantha Petrou, Vice President
Amy Barcelos, Vice President
Kerianne Pereira, Vice President
Directors/Trustees:
Terrence A. Beaton Peter A. Carbone
Joseph A. Cleary, Esq. Scott D. Cote, Sr.
Noemi Custodia-Lora Thomas Desmet
Jonathan H. Dowst E. Lynn Garner
Michelle A. Lavigne Daniel J. Norris, Esq.
Joel C. Olbricht Charles A. Walker
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PeoplesBank
330 Whitney Avenue
Holyoke, MA 01040-6561
Telephone: 413-538-9500
Fax: 413-493-7502
Branches:
56 Amity Street, Amherst, MA 01002
1936 Memorial Drive, Chicopee, MA 01020-4397
610 Memorial Drive, Chicopee, MA 01020
1 Turkey Hills Road, East Granby, CT 06026
201 North Main Street, East Longmeadow, MA 01028
1866 Northampton Street, Holyoke, MA 01040
255 High Street, Holyoke, MA 01705
783 Williams Street, Longmeadow, MA 01106
450 Center Street, Ludlow, MA 01056
300 King Street, Northampton, MA 01060
468 Newton Street, South Hadley, MA 01075
1240 Sumner Avenue, Springfield, MA 01118
1051 St. James Avenue, Springfield, MA 01118
1900 Wilbraham Road, Springfield, MA 01129
30 Bridge Street, Suffield, CT 06078
102 LaSalle Road, West Hartford, CT 06107
547 Memorial Avenue, West Springfield, MA 01089
281 East Main Street, Westfield, MA 01085
Officers:
Thomas W. Senecal, Chairman, President & CEO
Brian Canina, Executive Vice President, Treasurer & CFO
Aleda De Maria, Executive Vice President, Consumer Banking and Operations
Frank Crinella, Executive Vice President & Chief Lending and Credit Officer
Amy M. Roberts, Executive Vice President & Chief Human Resource Officer
Craig W. Kaylor, Vice President, Compliance and Corporate Secretary
Directors/Trustees:
Douglas A. Bowen Tara A. Bucchi
Mark P. Cutting Carol W. Demas
Michael L. Klofas James Lavelle
Steven M. Mitus Anne M. Paradis
Russell J. Peotter Timothy J. Reynolds
Thomas W. Senecal Thomas A. Terry
MASSACHUSETTS DIVISION OF BANKS
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Salem Five Cents Savings Bank
210 Essex Street
Salem, MA 01970
Telephone: 978-745-5555
Fax: 978-745-0861
Branches:
285 Great Road, Bedford, MA 01730
495 Cabot Street, Beverly, MA 01915
19 West Street, Beverly Farms, MA 01915
One Center Plaza, Boston, MA 02109
36 Cambridge Street, Burlington, MA 01803
85 High Street, Danvers, MA 01923
160 Endicott Street, Danvers, MA 01923
2 East Main Street, Georgetown, MA 01833
Two Bay Road, Hamilton, MA 01982
691 Rogers Street, Lowell, MA 01852
20 State Street, Lynn, MA 01901
35 Boston Street, Lynn, MA 01904
90 Highland Avenue, Malden, MA 02148
89 Pleasant Street, Marblehead, MA 01945
221 South Main Street, Middleton, MA 01949
355 Chestnut Street, Needham, MA 02492
562A Turnpike Street, North Andover, MA 01845
601 Chickering Road, North Andover, MA 01845
One Main Street, Peabody, MA 01960
8 Walkers Brook Drive, Reading, MA 01867
303 Haverhill Street, Rowley, MA 01969
71 Washington Street, Salem, MA 01970
424 Essex Street, Salem, MA 01970
855 Broadway, Saugus, MA 01906
91 Lynnfield Street, South Peabody, MA 01960
359 Main Street, Stoneham, MA 02180
88 Main Street, Stoneham, MA 02180
19 Concord Road, Sudbury, MA 01776
Swampscott Mall, Swampscott, MA 01907
2171 Main Street, Tewksbury, MA 01876
281 Main Street, Wilmington, MA 01887
443 Main Street, Woburn, MA 01801
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Officers:
Ping Yin Chai, President & CEO
Joseph F. Riley, Executive Vice President
Bruce P. Potter, Executive Vice President & COO
Charles M. Begley Jr., Executive Vice President
Helen H. Topor, Executive Vice President
Brian W. Shaughnessy, Senior Vice President & CFO
Brian O'Neil, Senior Vice President & CIO
Diana L. Mandra, Senior Vice President, Director of Enterprise Risk
Joseph L. Rooney, Senior Vice President, Compliance
Arthur A. Vassallo, Senior Vice President
David R. Keller, Senior Vice President
Matthew P. Marmen, Senior Vice President
Philip Soares, Senior Vice President
Thomas G. Toland, Senior Vice President
Edward J. Lomasney, Senior Vice President
Beth A. Lees, Senior Vice President
Shawn P. Ford, Senior Vice President
Lisa E. Carbone, Senior Vice President
Robert L. Ames, Senior Vice President
Joseph Bartolotta, Senior Vice President
Matthew Nastasia, Senior Vice President
Michael Maesano, Senior Vice President
Jeff McDonald, Senior Vice President
Shelley Murray, Senior Vice President
George M. Mandt, Senior Vice President
Robert J. Hanson, Senior Vice President
Jason Caterino, Senior Vice President
Shawn M. McCarthy, Senior Vice President
Christine Danjou, Senior Vice President
Daniel Rapoza, Senior Vice President
Craig Markiewicz, Senior Vice President
Kenneth Foster, Senior Vice President
Lisa Dunlea, Senior Vice President
David W. Fanikos, Senior Vice President
John D. Rogers, Senior Vice President
Patrick F. Padden, Senior Vice President
Mark Leff, Senior Vice President
Kevin T. Rourke, Senior Vice President
Nathan Buckley, Senior Vice President
John Malloy, Senior Vice President
Candace Doucette, Senior Vice President
Robert C. Foley, Senior Vice President
Diane G. Smith, Senior Vice President
Alfred Barzykowski, Senior Vice President
Jeremy M. Blanche, Senior Vice President
Allison Chandonnet, Senior Vice President
Keith Graham, Senior Vice President
Suzanne C. Howley, Senior Vice President
MASSACHUSETTS DIVISION OF BANKS
140
Robert F. Eastman, Senior Vice President
Ryan Kelly, Senior Vice President
Alexander Moody, Senior Vice President
Directors/Trustees:
Ping Yin Chai Steven L. Cicatelli,
Daniel E Clasby, Peter J. Cusato,
Joseph M. Gibbons, Peter C Gourdeau,
Martin J. Lawler, III Louise J. Levesque,
Mark A. Mitchelson, William H. Mitchelson,
Catherine L. Oatway, Bruce P. Potter
George C. Riccardelli, Donald A. Sadoski,
2022 ANNUAL REPORT
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Savings Bank, The
357 Main Street
Wakefield, MA 01880-0030
Telephone: 781-246-0400
Fax: 781-224-5300
Branches:
84 Main Street, Andover, MA 01810
1105 Summer Street, Lynnfield, MA 01940
584 Main Street, Lynnfield, MA 01940
17 Burnham Road, Methuen, MA 01844
6 Washington Street, North Reading, MA 01864
599 North Avenue, Wakefield, MA 01880-0030
907 Main Street, Wakefield, MA 01880-0030
Officers:
Robert J. DiBella, President & CEO
Raichelle L. Kallery, Executive Vice President & COO
Denise Carbone, Executive Vice President, Treasurer & CFO
Kathleen M. Conary, Senior Vice President, Compliance & Audit
Jeff P. D'Alessandro, Senior Vice President, Senior Retail Lending Officer
Peter W. Johnston, Senior Vice President, Senior Commercial Banking Officer
Bruce G. Donovan, Senior Vice President, Senior Branch Administrator
Maria F. Melo, Senior Vice President, Systems Manager
Laura J. Wante, Senior Vice President, Human Resources
Nicholas W. Kefalas, Vice President, Commercial Banking Officer
Joseph T. Scurio, Vice President, Commercial Banking Officer
Frederick P. Maloof, Vice President, Commercial Banking Officer
Maureen D. Jennings, Vice President, Accounting Manager
Judy Hunt, Vice President
Sheri Sullivan, Assistant Vice President, Executive Coordinator & Clerk of the Corporati
Brendan M. Szocik, President & CEO; First Financial Trust, N.A.
Directors/Trustees:
Michael R. Barrett Kelley A. Chapman
Karen S. Conard Robert J. DiBella
Glenn D. Dolbeare Anthony M. Gallugi
Scott C. Garrant Ann E. Hadley
Thomas A. Mullen Joanne S. Reilly
Daniel W. Sherman Mark J. Simeola
MASSACHUSETTS DIVISION OF BANKS
142
Seamen's Bank
221 Commercial Street,
Provincetown, MA 02657
Telephone: 508-487-0035
Fax: 508-487-8421
Branches:
4355 Route 6, North Eastham, MA 02651
350 Route 6, North Truro, MA 02652
56 Shankpainter Road, Provincetown, MA 02657
2746 Route 6, Wellfleet, MA 02667
Officers:
Lori F. Meads, President & CEO
Michael K. Silva, Executive Vice President, Treasurer & CFO
Maria D. Larouco, Senior Vice President, Commercial Lending
Peter J. Roderick, Vice President, Operations
Michael A. Andrini, Vice President, Information Technology
Carol Forgione, Vice President, Human Resources
Brian C. Anderson, Vice President, BSA and Security
Carlo C. Caramanna, Vice President, Residential Lending
Amy A. Silva, Vice President, Commercial Loan Officer
Thomas R. Johnson, Vice President, Commercial Loan Officer
Aime Bessette, Assistant Vice President, Compliance and Internal Audit Manager
Directors/Trustees:
Christopher E. Enos Christopher W. King
Timothy F. McNulty Lori F. Meads
John E. Medeiros Bonnie-Jean Nunheimer
Donald R. Reeves Kristen Roberts
Steven E. Roderick John K. Roderick
Paul R. Silva Sandra L. Silva
Paul M. Souza
2022 ANNUAL REPORT
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South Shore Bank
1530 Main Street
Weymouth, MA 02190
Telephone: 781-682-3715
Fax: 781-331-5881
Branches:
1010 Washington Street, Braintree, MA 02184-5433
225 Bedford Street, East Bridgewater, MA 02333-1901
650 Middle Street, East Weymouth, MA 02189-1130
283 Columbia Road, Hanover, MA 02339
99 South Street, Hingham, MA 02043
400 Washington Street, Norwell, MA 02061
75 Washington Street, Pembroke, MA 02359
370 Quincy Avenue, Quincy, MA 02169
699 Hancock Street, Quincy, MA 02170
1530 Main Street, South Weymouth, MA 02190
1538 Turnpike Street - Rte. 139, Stoughton, MA 02072
383 Bridge Street, Weymouth, MA 02191-1427
295 Washington Street, Weymouth, MA 02188-3188
MASSACHUSETTS DIVISION OF BANKS
144
Officers:
James M. Dunphy, President & CEO
Pamela O'Leary, Executive Vice President & COO
Daniel W. Brennan, Treasurer & CFO
Stephen DiPrete, Chief Commercial Banking Officer
Jane Bowman, Chief Marketing Officer
Carolyn Normand, Chief Credit Officer
Craig Gardner, Chief Technology Officer
Julie Heapes, Director of Retail Banking
Joe Cachuela, Director of Compliance and Risk
Antonette Davis, Director of Loan Operations & Automated Lending
Robert DiGiovanni, Director of Cash Management & Municipal Banking
Christine Clymens, Director of Marketing Strategy
Lynn A. Tempesta, Director of Information Technology
Mark Delcore, Director of Infrastructure & Support
Daniel Picha, Director of Payments, Digital & Specialty Banking
Kevin Dabrieo, Controller
Brian Gallagher, Information Security Officer
Jacqui Fournier, Accounting Officer
Daniela De Pina, BSA/AML Banking Officer
Karen Peddell, Retail Officer
Tammy Crowe, Process Improvement/Project Manager/Banking Officer
Wael Khalil, Digital Channel Officer
Kevin C Coote, Retail Officer
Marina Oliveira, Retail Officer
Claudia Russell, Audit Officer
Marla Snyder, Compliance Officer
John Maguire, Residential Loan Servicing Officer
Susan Burns, Retail Officer
Joseph Dahlstrom, Banking Officer
Patrick Dougherty, Wealth Management Executive
David Kelson, Wealth Management Executive
James Twiss, II, Retail & Mortgage Officer
Carol Shoughrow, Senior Deposit Operations Officer
John Barron, Chief Strategy Officer
Noreen Cahill, Retail & Mortgage Officer
Susan K Kelly, Lending Control Officer
Cindy Bovaird, Consumer Loan Officer
Mark Coletta, Senior Sales & Service Officer/CRA Officer
Albert Smith, Wealth Management Executive
Edmond Chan, Retail & Mortgage Officer
Catherine Cavicchi, Retail & Mortgage Officer
Vikki Leinas, Retail Officer
James Luongo, Retail & Mortgage Officer
Marcia Lyons, Business Intelligence Manager/Officer
Michael Tinkham, Retail & Mortgage Officer
Catherine Foley, Retail & Mortgage Officer
Joanne Tully, Retail & Community Relations Officer
Kevin Carpenter, Commercial Banking Relationship Manager
2022 ANNUAL REPORT
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Paul Moriarty, Commercial Banking Relationship Manager
Steven LaPierre, Cash Management Relationship Manager
Thomas Osuch, Commercial Banking Relationship Manager
Douglas Sanroma, Director of Strategic Process Improvement
Jennie Jones, Senior Mortgage Underwriter/Consumer Loan Supervisor
Anthony Spakoski, Residential Lending Manager
Heather Wilson, Commercial Banking Relationship Manager
Matthew Pretti, Commercial Banking Relationship Manager
Peter Lung, Commercial Banking Relationship Manager
Joyce F. Duhaine, Systems Liaison and Project Manager
Matthew Holmes, Cash Management Relationship Manager
Matthew Morrison, Credit and Construction Manager
David Willis, Client Manager, Business Banking
Michael R. Healy, Team Leader, Commercial Banking Relationship Manager
John Mannion, Team Leader, Business Banking
Lee A Page, Sr. Information Assurance Analyst
Directors/Trustees:
Suzanne Andrade J. Leonard Bicknell
James E. Bristol, Jr. James M. Dunphy
James N. Hajjar David S. MacCoy
Frank A. Marinelli David P. O'Brien
Marisa A. O'Dwyer Arthur H. Sharp
Michael J. Sheehan Margaret K.
Spagone Joseph C. Sullivan
143
MASSACHUSETTS DIVISION OF BANKS
146
The Cape Cod Five Cents Savings Bank
1500 Iyannough Road
Hyannis, MA 02601
Telephone: 508-240-0555
Fax: 508-240-0222
Branches:
2745 Main Street, Brewster, MA 02631
1620 Falmouth Road, Centerville, MA 02632
548 Main Street, Chatham, MA 02633
129 Route 137, East Harwich, MA 02645
75 Brackett Road, Eastham, MA 02651
236-238 Vineyard Haven Road, Edgartown, MA 02539
668 Main Street, Falmouth, MA 02540
532 Main Street, Harwich Port, MA 02646
1550 Iyannough Road, Hyannis, MA 02601
171 Falmouth Road, Hyannis, MA 02601
10 North Market Street, Mashpee, MA 02649
Zero Main Street, Nantucket, MA 02554
112 Pleasant Street, Nantucket, MA 02554
97 Cranberry Highway, Orleans, MA 02653
1 Village Green Drive, Plymouth, MA 02330
137 Bradford Street, Provincetown, MA 02657
85 Route 6A, Sandwich, MA 02563
688 Main Street, South Dennis, MA 02660
514 Station Avenue, South Yarmouth, MA 02664
412 State Road, Vineyard Haven, MA 02568
10 Rosebrook Place, Wareham, MA 02571
345 Main Street, Wellfleet, MA 02667
2022 ANNUAL REPORT
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Officers:
Matthew S. Burke, Chief Executive Officer
Robert A. Talerman, President
Christopher E. Richards, First Executive Vice President, Chief Banking Services Officer
Joel J. Brickman, Executive Vice President, General Counsel
Laura E. Newstead, Executive Vice President, Chief Human Resources Officer
Stephen H. Johannessen, Executive Vice President, Chief Financial Officer
Stephanie M. Dennehy, Executive Vice President, Chief Marketing Officer
Elizabeth S. Hammann, Senior Vice President, Chief Information Security Officer
Taryn M. Wilson, Senior Vice President, Chief Financial Crimes Officer
Emilie L. Bajorek, Senior Vice President, Chief of Staff
Timothy F. Kelleher III, Senior Vice President, Chief Commercial Lending Officer
Paul R. Bernier, Senior Vice President, Chief Auditor
Andrea L. Ponte, Senior Vice President, Chief Operational Services Officer
Angelique K. Viamari, Senior Vice President, Deputy Chief of Staff
Vanessa L. Greene, Senior Vice President, Chief Risk Officer
Jason R. Lilly, Senior Vice President, Chief Wealth Management Services Officer
James C. O'Conor, Senior Vice President, Director of Consumer Lending Operations
Christopher W. Raber, Senior Vice President, Chief Real Estate Officer
Adrian M. Sullivan, Senior Vice President, Chief Digital Officer
Kevin A. Mooney, Vice President, Director of IT Management
John Van Baars, Vice President
Joseph R. King, Vice President
Benjamin M. Wigren, Vice President
Zachary A. Wermer, Vice President
Terry-Lee M. Walther, Vice President
William X. Madden, Vice President
Kelley S. Lauterhahn, Vice President
Christopher L. Merrill, Vice President
Peter T. Kaizer, Vice President
Maureen A. Nedder, Vice President
Anna B. Hayes, Vice President
Kimberly A. Howes, Vice President
Melissa V. Farrell, Vice President
Aisling C. Ross, Vice President
Steven E. Sullivan, Vice President
Robert D. Umbro, Vice President
Kate W. Weld, Vice President
Tracy D. Buckley-Scott, Vice President
Patrick J. McCue, Vice President
Heather D. Brown, Vice President
Sarah Ruder, Vice President
Christopher D. Langlais, Vice President
Scott D. Vandersall, Vice President
Elizabeth M. Lynch, Vice President
Jennifer L. Turner, Vice President
Christina L. Mallard, Vice President
Stanley W. Hodkinson, Vice President
MASSACHUSETTS DIVISION OF BANKS
148
Adam H. Earle, Vice President
Mark G. Sexton, Vice President
Kristen M. Foresta, Vice President
Liam Cahill, Vice President
Samuel C. Watson, Vice President
Jonathan J. Kelly, Vice President
Kristin M. Perkins, Vice President
Elizabeth M. Thompson, Vice President
Kevin M. Holmes, Vice President
Richard J. DeWitt, Vice President
Alison B. Czuchra, Vice President
Duncan S. Macallister, Vice President
Susan R. Bristol, Vice President
Melanie J. Sabin, Vice President
Kimberly A. Chesnut, Vice President
James L. Botsford, Vice President
Joseph E. Hawley, Vice President
Kimberly K. Williams, Vice President
Michael S. Kiceluk, Vice President
Kenneth J. Anketell, Vice President
Kimberly J. Geary, Vice President
Donna M. Zayatz, Vice President
William T. Garreffi, Vice President
Mandee S. Blair, Vice President
Shari L. Hayes, Vice President
Stephen C. Peck, Vice President
Rachael Aiken, Vice President
Stephen J. Spitz, Vice President
Robert C. Moberg, Vice President
Deborah L. Potter, Vice President
Andrew M. Foss, Vice President
Robert E. Reisner, Vice President
Emmy R. Hamilton, Assistant Vice President
Suzanne A. Berry, Assistant Vice President
Patrick F. Savage, Assistant Vice President
Kristi A. Jackson, Assistant Vice President
Amanda M. Constant, Assistant Vice President
Carol S. Sosner, Assistant Vice President
Sarah E. Zibrat, Assistant Vice President
Angela M. Cerrone, Assistant Vice President
Elizabeth D. Stevens, Assistant Vice President
Lemonia Mironidis, Assistant Vice President
Anne E. Burnett, Assistant Vice President
Julie P. Richmond, Assistant Vice President
John V. DeVito, Assistant Vice President
Cheryl A. Jones, Assistant Vice President
Timothy C. Mori, Assistant Vice President
Kenneth D. Thomas, Assistant Vice President
Patricia A. Piva, Assistant Vice President
Nancy A. Gardner, Assistant Vice President
2022 ANNUAL REPORT
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Wilburn O. Rhymer, Assistant Vice President
Patricia J. Erickson, Assistant Vice President
Edward A. Rubel, Assistant Vice President
Debra L. Hodgkins, Assistant Vice President
Dana J. Robert, Assistant Vice President
Stuart A. Egmore, Assistant Vice President
Mary Kate Gallagher, Assistant Vice President
Mary Jo Parris, Assistant Vice President
Michael E. Mead, Assistant Vice President
Shannon M. Turner, Assistant Vice President
Linda J. Steele, Assistant Vice President
Elizabeth P. Grady, Assistant Vice President
Elaine Mason, Assistant Vice President
Patricia L. Sylvia-Gonsalves, Assistant Vice President
Carey L. Losh, Assistant Vice President
Eric T. Gallagher, Assistant Vice President
Linda M. Cabral, Assistant Vice President
Kimberly A/ Devine, Assistant Vice President
Tracy L. Taylor, Assistant Vice President
Garret M. Smith, Assistant Vice President
Brad C. Francis, Assistant Vice President
Russell G. Labbe, Assistant Vice President
Charles R. Givonetti, Assistant Vice President
Directors/Trustees:
Matthew S. Burke Jane M. Coderre
John C. Dawley, Darren J. Donovan
Thomas M. Evans, Karen L. Gardner,
Paul E. Grover, John J. Judge,
Chester N. Lay, Bruce D. Miller,
James A. Peterson, Melissa D. Philbrick
Paul Rumul, Tammy A. Saben
Dorothy A. Savarese Robert A. Talerman
Denise M. Toomey Daniel A. Wolf,
147
MASSACHUSETTS DIVISION OF BANKS
150
UniBank for Savings
49 Church Street
Whitinsville, MA 01588
Telephone: 508-234-8112
Fax: 508-234-7605
Branches:
10 Cheney Street, Blackstone, MA 01504
4 Mechanic Street, Douglas, MA 01516
89 Worcester Street, Grafton, MA 01519
87 West Main Street, Hopkinton, MA 01748
91 Prospect Street, Milford, MA 01757
193 Boston Turnpike, Shrewsbury, MA 01545
29 Galaxy Pass, Sutton, MA 01590
156 Worcester-Providence Tpke., Sutton, MA 01590
113 Main Street, Upton, MA 01568
25 N. Main Street, Uxbridge, MA 01569
1189 Providence Road, Whitinsville, MA 01588
24 Gold Star Boulevard, Worcester, MA 01606
101 Barry Road, Worcester, MA 01606
Officers:
Michael W. Welch, Chief Executive Officer
Christopher D. Foley, President
Justine M. DeNorscia, Executive Vice President
Nobo Sircar, Chief Financial Officer
Jeffrey L. Bajema, Senior Vice President, Retail Lending Manager
Alvara Gjylapi, Senior Vice President & Senior Credit Officer
Patricia A. Baker, Senior Vice President, UFASI Operations Manager
Saman Amighi, Chief Information Officer
Sean O'Connell, Vice Presidet, Commercial Banking Executive
Lori J. Bannister, Vice President & Chief Risk Officer
Adrian Iwanczuk, Information Security Officer
Directors/Trustees:
John T. Andreoli John A. Armstrong
Robert A. Bernstein Denise H. Brookhouse
Jay M. Cahill Michael J. Kroll
James W. Kuekan John P. Miersma
Kathleen Salmon-Roberson Mary E. Thompson
Timothy P. Wickstrom
2022 ANNUAL REPORT
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Washington Savings Bank
30 Middlesex Street,
Lowell, MA 01852-2197
Telephone: 978-458-7999
Fax: 978-458-9547
Branches:
100 Broadway Road, Dracut, MA 01826
Officers:
James B. Hogan, Chairman, President & CEO
John Sharland, Senior Vice President & CFO
Gerard F. Frechette, Senior Vice President, Lending and Compliance
Sean J. Lydon, Senior Vice President, Retail and Marketing
Directors/Trustees:
M. Carolyn Cox Michael L. Coyne
Ronald D'Amato Raymond Peter Daley
Jeff Donohoe Catherine Flood
Arthur V. Ford James B. Hogan
Bernard V. Nangle, Jr. Martin Silva, Jr.
Suzanne Toupin
MASSACHUSETTS DIVISION OF BANKS
152
Watertown Savings Bank
60 Main Street,
Watertown, MA 02472
Telephone: 617-928-9000
Fax: 617-923-9575
Branches:
980 Massachusetts Avenue, Arlington, MA 02476
30 Church Street, Belmont, MA 02478
1075 Waltham Street, Lexington, MA 02421
25 Market Place Drive, Waltham, MA 02451
6 Lexington Street, Waltham, MA 02452
10 Bigelow Avenue, Watertown, MA 02472
175 Watertown Street, Watertown, MA 02472
45 Church Street, Watertown, MA 02472
739 Main Street, Watertown, MA 02472
Officers:
Brett W. Dean, President & CEO
Katherine A. Peterson, Senior Vice President & CFO
Torrance P. Dean, Senior Vice President & Senior Lending Officer
Robert A. Kelly, Senior Vice President, Retail Banking
Michael Pliskaner, Senior Vice President, Information Technology
Matthew DesMeules, Vice President, Loan Servicing and Compliance
Jan Viglirolo, Vice President, Operations
Diane Ryan, Vice President, Human Resources
Linda M. Cheever, Vice President, Finance
Eileen R. Lauria, Vice President, Commercial Lending
Connie Braceland, Vice President, Community Relations and Club 50
Simon Mzaouakk, Vice President, Network Officer
Antonia J. O'Hara, Vice President, Branch Manager
William K. Burgess, Vice President, Branch Manager
Directors/Trustees:
Robert Airasian James H. Barwell
Adam N. Berman Ronald D. Dean
Brett W. Dean Michael P. DelRose
Edward P. Deveau Paul DiSciullo
Bernard T. Loughran, Jr. Joseph P. MacDonald
S. Kelley MacDonald Stephen J. Messina
John F. Nealon James A. Sgroi
Patricia F. Stenson William F. York
2022 ANNUAL REPORT
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Webster Five Cents Savings Bank
136 Thompson Road
Webster, MA 01570
Telephone: 508-943-9401
Fax: 508-949-1136
Branches:
400 Southbridge Street, Auburn, MA 01501
208 West Main Street, Dudley, MA 01571
343 Main Street, Oxford, MA 01540
261 Grafton Street, Shrewsbury, MA 01545
266 Chandler Street, Worcester, MA 01602
100 Front Street, Worcester, MA 01608
Officers:
Donald F. Doyle, President & CEO
Brian S. Westerlind, Senior Vice President, Treasurer & CFO
Kathryn Megraw, Senior Vice President & CIO
Brian McEvoy, Senior Vice President, Senior Retail Banking Officer
Jane Cullen, Senior Vice President, Business Services Manager
Christopher J. Watson, Senior Vice President, Senior Lending Officer Business Banking
Teresa K. Flynn, Senior Vice President, Director of Human Resources
Ann M. Kane, Senior Vice President, Commercial Lending Team Leader
Steven G. Anderson, Senior Vice President, Business Lending Officer
Nicholas Lynch, Senior Vice President, Mortgage Sales Manager
John Mannila, Senior Vice President, Business Banking Team Leader
Darryl Caffee, Senior Vice President, Director of Retail Lending & CRA Officer
Tracey J. Myers, Senior Vice President, Retail Branch Network
Keith R. Kirkland, Vice President, Business Lending Officer
Jennifer Nickerson, Vice President, Director of Compliance, Risk, and Audit
Alla Demihovsky, Vice President, Credit Officer
Monica Thomas-Bonnick, Vice President, Business Lending Officer
Hugh Adams, Vice President, Director of Information Technology
Seth Bogdan, Vice President, Business Application Manager
Patrick T. Royce, Vice President, Business Lending Officer
Sally Battison, Vice President, Loan Servicing Officer
Hildee Lewis, Vice President, Technology Project Manager
Fred Gormley, Vice President, Information Security Officer
Wanita J. Letendre, Vice President, Deposit Operations
John C. DaLomba, Vice President, Director of Commercial Credit-Collections-Loan Ser
Sean Buckley, Vice President and Controller
Sonia Mahnot, Vice President, Director of Marketing
MASSACHUSETTS DIVISION OF BANKS
154
Directors/Trustees:
Maura E. Aniello Jane E. Bania
David S. Bayer, II Stephen H. Charniak
Benjamin A. Craver Donald F. Doyle
Michael L. Jalbert Richard T. Leahy
Donald O. Maloney, Jr. Paul G. Martland
Robert E. McKenna Eric A. Rosen
Andrew F. Sylvia
152
2022 ANNUAL REPORT
155
Winchester Savings Bank
661 Main Street
Winchester, MA 01890-1987
Telephone: 781-729-2130
Fax: 781-721-4180
Branches:
188 Medford Street, Arlington, MA 02474
344 Cambridge Road, Woburn, MA 01801-6088
573 Main Street, Woburn, MA 01801
Officers:
John A. Carroll, President & CEO
Elda Heller, Executive Vice President, Treasurer & CFO
Karen F. Murphy, Executive Vice President & COO
Patrick Todd, Senior Vice President & CIO
Jillian Jurilla, Senior Vice President, Consumer & Business Banking
Barbara MacCorkle, Senior Vice President, Risk & Compliance
Nancy Kreinest, Vice President, Administrative Services & Human Resources
Georgeann M. Abatzis, Vice President, Director of Internal Audit
Amy L. Timmerman, Vice President, Director of Marketing
Rich Sardellitti, Vice President, Bank Security
Stephanie Chianca, Vice President, Cash Management Officer
Directors/Trustees:
James E. Barger, PhD Stephen H. Boodakian
John A. Carroll Deborah A. Carson, CPA
Geoffrey A. Curtis Judson D. Hale, Jr.
Neal J. Harte, CPA David P. Hood
William P. Hood Alan G. Macdonald
Carol A. Pierce Connolly Richard L. Sampson, Jr.
John I. Snow III Suzanne Virnelli, MD
James R. Willing
MASSACHUSETTS DIVISION OF BANKS
156
Appendix III: Limited Purpose
Trust Companies
2022 ANNUAL REPORT
157
Fidelity Management Trust Company
245 Summer Street
Boston, MA 02210
Telephone: 617-563-9337
Fax: 617-385-2044
Branches:
Officers:
Kevin M. McLaughlin, President
Helen Kafkas, Treasurer & CFO
Rachel C. Tyler, Vice President, Trust Operations
Brian Hurton, Vice President, Trust Operations and Assistant Clerk
Douglas Kasper, Clerk, Community Reinvestment Officer
Kenneth Robins, Compliance Officer
Brett Segaloff, AML/BSA Compliance Officer
Krista D'Aloia, Assistant Clerk
Todd Brabazon, Assistant Treasurer
Directors/Trustees:
Steven P. Akin Katherine Buck
James Carroll Thomas E. Cimeno, Jr.
Casey Condron Helen Kafkas
Edward E. Madden Kevin M. McLaughlin
Stephen E. Tibbetts Rachel C. Tyler
MASSACHUSETTS DIVISION OF BANKS
158
State Street Global Advisors Trust Company
1 Iron Street
Boston, MA 02210
Telephone: 617-786-3000
Fax: 617-664-4666
Branches:
255 California Street, San Francisco, CA 94111
Officers:
Barry F. X. Smith, President
Timothy P. Corbett, Chief Risk Officer
Jaclyn Collier, Chief Compliance Officer
John A. Tucker, Chief Investment Officer
Sean P. O'Malley, Esq., General Counsel
Baldemar Trevino, , Treasurer
Ken Murphy, , AML Officer
Jessica Cross, , Corporate Secretary
Directors/Trustees:
Timothy P. Corbett David Gutschenritter
Kelvin Jones Ellen Needham
Barry F. X. Smith John A. Tucker
2022 ANNUAL REPORT
159
Appendix IV: Trust Companies
MASSACHUSETTS DIVISION OF BANKS
160
Berkshire Bank
24 North Street
Pittsfield, MA 01201
Telephone: 413-443-5601
Fax: 413-443-3587
2022 ANNUAL REPORT
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Branches:
820 Suffield Street, Agawam, MA 01001
979 Central Avenue, Albany, NY 12205
30 South Pearl Street, Albany, NY 12207
140 Sanford Farms Plaza, Amsterdam, NY 12010
3816 VT Route 7A, Arlington, VT 05250
121 Congress Street, Boston, MA 02110
61 Brookline Avenue, Boston, MA 02215
1320 Washington Street, Boston, MA 02118
413 Washington Street, Brighton, MA 02135
536 Providence Road, Brooklyn, CT 02634
180 Westminster Road, Route 14, Canterbury, CT 06331
50-52 Main Street, Chatham, NY 12037
116 Chelmsford Street, Chelmsford, MA 01824
63 Norwich Avenue, Colchester, CT 06415
98 Wolf Road, Colonie, NY 12205
596 Hartford Pike, Route 101, Dayville, CT 06241
255 Delaware Avenue, Delmar, NY 12054
72 Shaker Road, East Longmeadow, MA 01028
6611 Manlius Center Road, East Syracuse, NY 13057
85 Freshwater Boulevard, Enfield, CT 06082
763 Farmington Avenue, Farmington, CT 06032
7 Sycamore Street, Glastonbury, CT 06033
244 Main Street, Great Barrington, MA 02130
255 Stockbridge Road, Great Barrington, MA 01230-1292
996 Poquonnock Road, Groton, CT 06340
1704 Western Avenue, Guilderland, NY 12204
7 Halfmoon Crossing, Halfmoon, NY 12065
114 Woodland Street, Hartford, CT 06015
115 Main Street, Route 66, Hebron, CT 06248
1055 Main Street, Holden, MA 01520-1288
561 Warren Street, Hudson, NY 12534
1 Central Plaza, Ilion, NY 13357
628 New Loudon Road, Latham, NY 12110
554 Exeter Road. Route 207, Lebanon, CT 06249
1 Park Street, Lee, MA 01238-1701
25 Main Street, Lenox, MA 01240
495 Pittsfield Road, Lenox, MA 01240
565 Main Street, Leominster, MA 01453
138 Longmeadow Street, Longmeadow, MA 01106
431 Center Street, Ludlow, MA 01056
152 Main Street, Ludlow, VT 05149
2532 Route 9, Malta, NY 12019
3450 Richville Road, Manchester Center, VT 05255
4912 Main Street, Manchester Center, VT 05255
95 Storrs Road, Mansfield Center, CT 06250
322 Maple Street, Marlborough, MA 01752
165 East Main Street, Middletown, RI 02842
91 Main Street, Milford, MA 01757
344 Prospect Street, Moosup, CT 06354
50 Genesee Street, New Hartford, NY 13413
8491 Seneca Turnpike, New Hartford, NY 13413
Highway 20 and Highway 22, New Lebanon, NY 12125
100 Bellevue Avenue, Newport, RI 02840
3421 State Street, Niskayuna, NY 12309
37 Main Street, North Adams, MA 01247-3403
576 North Greenbush Road (Route 4), North Greenbush, NY 12198
MASSACHUSETTS DIVISION OF BANKS
162
108 Salem Turnpike, Norwich, CT 06360
30 East Otis Road, Otis, MA 01253 445
Liberty Street, Pawcatuck, CT 06379 734
Williams Street, Pittsfield, MA 01201 39
Cheshire Road, Pittsfield, MA 01201 66
West Street, Pittsfield, MA 01201 165
Elm Street, Pittsfield, MA 02101
183 Quaker Road, Queensbury, NY 12804
396 Cromwell Avenue, Rocky Hill, CT 06067
1629 Black River Road, Rome, NY 13440
1300 Erie Boulevard West, Rome, NY 13440
1925 Curry Road, Rotterdam, NY 12306
20-22 West Street, Rutland, VT 05701
103 North Main Street, Sheffield, MA 01257-0425
226 Boston Turnpike, Shrewsbury, MA 01545-5223
16 Albany Turnpike, Simsbury, CT 06070
74 Lamb Street, South Hadley, MA 01075
1000 Sullivan Avenue, South Windsor, CT 06074
608 College Highway, Southwick, MA 01077
1259 East Columbus Avenue, Springfield, MA 01105
19 Harrison Avenue, Springfield, MA 01103
1363 Allen Street, Springfield, MA 01118
32 Main Street, Stockbridge, MA 01262-0117
159 Merrow Road, Tolland, CT 06084
50 Auert Avenue, Utica, NY 13502
121 Old Town Hill Road, Wakefield, RI 02879
25 Worcester Road, Webster, MA 01570
320 West Boylston Street, West Boylston, MA 01583
927 Farmington Avenue, West Hartford, CT 01067
220 Westfield Street, West Springfield, MA 01089
2 Depot Street, West Stockbridge, MA 01266-0283
381 West Main Street, West Winfield, NY 13491
303 Turnpike Road, Westborough, MA 01581
5 East Main Street, Westborough, MA 01581-2895
18 Post Road, Westerly, RI 02891
44 Little River Road, Westfield, MA 01085
31 Court Street, Westfield, MA 01085
184 Broadway, Whitehall, NY 12887
34 Oriskany Boulevard, Whitesboro, NY 13492
803 Main Street, Willimantic, CT 06226
386 Main Street, Worcester, MA 01608-1709
993 Grafton Street, Worcester, MA 01604
560 Park Avenue, Worcester, MA 01603-2584
11 Park Avenue, Worcester, MA 01605
160
2022 ANNUAL REPORT
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Officers:
Nitin J. Mhatre, Chief Executive Officer
Sean A. Gray, President & COO
Gregory D. Lindenmuth, Senior EVP & Chief Risk Officer
George Bacigalupo, Senior EVP, Head of Commercial Banking
Wm. Gordon Prescott, EVP, General Counsel & Corporate Secretary
Jason White, EVP & Chief Information Officer
Ashlee Flores, EVP & Chief Compliance Officer
Jennifer M. Carmichael, EVP & Chief Internal Audit Officer
Lucia Bellomia, EVP, Head of Retail Banking
Ellen Steinfeld, EVP, Head of Consumer Lending and Payments
Jacqueline Courtwright, EVP & Chief Human Resources & Culture Officer
Stephen Finocchio, , SVP/Treasurer
Ben Strauss, SVP, Associate General Counsel
Erin E. Boggan, SVP, CRA & Fair Lending
Douglas MacLean, SVP, Managing Director of CRE Lending
James Hickson, SVP, Managing Director of Middle Market Lending
Kathryn Hersey, SVP, Director of Wealth Management & CIO
Scott Houghtaling, SVP, Managing Director of Business Banking
Mark Foster, SVP, Managing Director of ABL
Gene Michael Deary, SVP & Chief Lending Administrative Officer
Thomas Barney, SVP, Wealth Management Administration
Michael King, SVP, Head of Capital, Liquidity, & Stress Testing
Ryan Melle, SVP & Chief Information Security Officer
Shelley Guyette, SVP, Human Resources
Cheryl L. Martin, SVP, Bank Operations
Susan R. Teixeira, SVP, Risk Management & Policy
Gary R. Levante, SVP, Corporate Responsibility and Communications
James Belliveau, SVP, Electronic Banking
Denise Marie Thompson, First VP, Business Banking & Small Business Administration
David Gonci, Director, Capital Markets
Michael Smith, EVP & COO; Firestone Financial, LLC
Brett Brbovic, SVP & Chief Accounting Officer (Interim CFO)
Directors/Trustees:
Baye Adofo-Wilson, Rheo A. Brouillard,
David M. Brunelle, Nina A. Charnley,
John B. Davies William H. Hughes III
Jeffrey W. Kip, Sylvia Maxfield,
Nitin J. Mhatre Laurie N. Moffatt
Jonathan I. Shulman, Michael A. Zaitzeff,
MASSACHUSETTS DIVISION OF BANKS
164
Boston Trust Walden Company
One Beacon Street, 33rd Floor
Boston, MA 02108
Telephone: 617-726-7250
Fax: 617-227-2690
Branches:
Officers:
Kenneth P. Scott, Co-Chief Executive Officer
Stephen J. Amyouny, Co-Chief Executive Officer
Sarah T. Kelly, Managing Director & COO
Jennifer Ellis, Chief Financial Officer
Thomas J. Boland, Associate General Counsel and Chief Compliance Officer
Sean Clery, Director of Risk Management
Kathleen E. Splaine, Director of Information Technology
Karen Corbosiero, Director of Operations
Directors/Trustees:
Stephen J. Amyouny William H. Apfel
Domenic Colasacco Kimberly D. Gluck
Sarah T. Kelly Kenneth P. Scott
Heidi H. Vanni Richard Q. Williams
2022 ANNUAL REPORT
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Brookline Bank
2 Harvard Street
Brookline, MA 02445-7905
Telephone:
Fax:
Branches:
856 Massachusetts Avenue, Arlington, MA 02476
168 Great Road, Bedford, MA 01730
131 Clarendon Street, Boston, MA 02116
31-33 State Street, Boston, MA 02109
1324 Beacon Street, Brookline, MA 02446
1014 Beacon Street, Brookline, MA 02146
1340 Beacon Street, Brookline, MA 02146
1661 Beacon Street, Brookline, MA 02146
1016 Beacon Street, Brookline, MA 02446
1661 Beacon Street, Brookline, MA 02445
72 Burlington Mall Road, Burlington, MA 01803
1220 Boylston Street, Chestnut Hill, MA 02467
1018 West Roxbury Parkway, Chestnut Hill, MA 02167
1018 West Roxbury Parkway, Chestnut Hill, MA 02467
107 High Street, Danvers, MA 01923
10 Martin Street, Essex, MA 01929
207 Main Street, Gloucester, MA 01930
31 Market Street, Ipswich, MA 01938
1793 Massachusetts Avenue, Lexington, MA 02420
196 Commercial Street, Malden, MA 02148
60 High Street, Medford, MA 02155
430 High Street, Medford, MA 02155
201 Salem Street, Medford, MA 02155
902 Highland Avenue, Needham Heights, MA 02494
10 Langley Road, Newton, MA 02459
10 Langley Road, Newton Centre, MA 02459
1160 Walnut Street, Newton Highlands, MA 02461
323 Walnut Street, Newtonville, MA 02460
144 Newburyport Turnpike, Rowley, MA 01969
456 Main Street, Waltham, MA 02452
5 Washington Street, Wellesley, MA 02481
448 Washington Street, Wellesley Hills, MA 02482
1808 Centre Street, West Roxbury, MA 02132
MASSACHUSETTS DIVISION OF BANKS
166
Officers:
Darryl J. Fess, President & CEO
Carl M. Carlson, Chief Financial & Strategy Officer
M. Robert Rose, Chief Credit Officer
James M. Cosman, Chief Operations Officer
Michael W. McCurdy, Chief Operating Officer
Janice Costa, , Chief Risk Officer
Michael Schroeder, Chief Information Officer
Timothy Dugan, Chief Compliance Officer
Janytra M. Brooks, , Chief Human Resources Officer
Leslie Joannides-Burgos, Executive Vice President, Retail and Business Banking
David L'Heureux, Executive Vice President, Commercial Banking
Robert E. Brown, Executive Vice President, Commercial Real Estate Lending
Marissa S. Martin, , General Counsel and Secretary
Directors/Trustees:
Joanne B. Chang David C. Chapin
John J. Doyle, Jr. Darryl J. Fess
Margaret Boles Fitzgerald John A. Hackett
John L. Hall, II Thomas J. Hollister
Bogdan Nowak Charles H. Peck
John M. Pereira Paul A. Perrault
Merrill W. Sherman Joseph J. Slotnik
Peter O. Wilde
164
2022 ANNUAL REPORT
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Cambridge Savings Bank
1374 Massachusetts Avenue
Cambridge, MA 02138
Telephone: 617-864-8700
Fax: 857-228-6389
Branches:
1300 Massachusetts Avenue, Arlington, MA 02476
188 Massachusetts Avenue, Arlington, MA 02474
626 Massachusetts Avenue, Arlington, MA 02476
181 Great Road, Bedford, MA 01730
40 Leonard Street, Belmont, MA 02478
140 Middlesex Turnpike, Burlington, MA 01803
154-156 Cambridge Street, Burlington, MA 01803
53 White Street, Cambridge, MA 02140
1378 Cambridge Street, Cambridge, MA 02139
630-632 Massachusetts Avenue, Cambridge, MA 02139
1 Thompson Square, Charlestown, MA 02129
202 Sudbury Road, Concord, MA 01742
1781 Massachusetts Avenue, Lexington, MA 02420
638 Main Street, Melrose, MA 02176-0909
739 Beacon Street, Newton Centre, MA 02459
475 Foley Street, Somerville, MA 02145
54 Arsenal Street, Watertown, MA 02472
MASSACHUSETTS DIVISION OF BANKS
168
Officers:
Wayne F. Patenaude, President & CEO
Stephen Coukos, Esq., EVP, General Counsel and Clerk
Kathryn Catlender, EVP & Chief Customer Officer
Linda Grace, EVP & Chief Human Resources Officer
Michael Lindgren, EVP & Chief Lending Officer
Brian Landry, SVP & Chief Technology Officer
Kevin McGuire, SVP & Chief Information Officer
Brian Farrell, SVP & Chief Risk Officer
Tom Berton, SVP, Audit Director
Michael Bonsey, SVP & Chief Credit Officer
Dana Philbrook, SVP & Chief Financial Officer
Lisa Rodericks, SVP & Chief Marketing Officer
David Cedrone, SVP, Head of Consumer Banking
Deborah Marcella, SVP, Head of Residential and Consumer Lending
Amedeo Marini, SVP, Head of Business Solutions and Bank Operations
Ian Brandon, SVP, Head of Commercial Real Estate Lending
Carol Sexton, SVP, Head of Retail Banking
Angela Gee, SVP, Senior Corporate Banking Loan Officer
Michael Kuhn, SVP, Corporate Banking Team Leader
Dan Fraine, SVP, Head of Facilities and Security
Keith Broyles, SVP, Head of Asset-Based Lending
Rosemarie Valente, SVP, Head of Bank Operations
Stephen Leonard, SVP, Head of Corporate Banking
Kevin Teller, SVP, CRE Loan Officer
David Ault, SVP, Senior Commercial Real Estate Loan Officer
Barbara Crystal, SVP, Senior Corporate Banking Loan Officer
Nicholas Donofrio, SVP, CRE Lending Team Leader
Aidan Hume, SVP, CRE Team Leader
Robert Kershaw, SVP, Corporate Banking Team Leader
Peter Oliver, SVP, Senior CRE Loan Officer
Andrea Renaud, SVP, Treasury Management Team Leader
Yvonne Kizner, SVP, Senior Asset-Based Lending Officer
Orla Furey, SVP & Chief Compliance/BSA Officer
Michael Gilles, EVP, Treasurer & Chief Operating Officer
Directors/Trustees:
Michael J. Costello Jayne K. Donahue
Neal Hesler Howard B. Hodgson, Jr.
Kurt V. Johnson Elizabeth W. McNelis
Daniel O. Mee C. Brendan Noonan III
Emily Ou Wayne F. Patenaude
Mary Ann Pesce Robert J. Ramsey
Robert P. Reardon Harborne W. Stuart, Jr.
Robert M. Wilson
2022 ANNUAL REPORT
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Cambridge Trust Company
1336 Massachusetts Avenue
Cambridge, MA 02138
Telephone: 617-441-1409
Fax: 617-441-1421
Branches:
69 Park Street, Andover, MA 01810-3691
99 South River Road, Bedford, NH 03110
361 Trapelo Road, Belmont, MA 02478
One Federal Street, Boston, MA 02110
65 Beacon Street, Boston, MA 02108
1720 Massachusetts Avenue, Cambridge, MA 02138-1804
353 Huron Avenue, Cambridge, MA 02138-6831
415 Main Street, Cambridge, MA 02142
75 Main Street, Concord, MA 01742-2500
920 Central Avenue, Dover, NH 03820
1690 Massachusetts Avenue, Lexington, MA 02420-5301
865 Central Avenue, Needham, MA 02492
776 Beacon Street, Newton, MA 02459
89 Turnpike Street, North Andover, MA 01845-5045
26 Lafayette Road, North Hampton, NH 03862
143 Daniel Street, Portsmouth, NH 03801
17 Portsmouth Avenue, Stratham, NH 03885
195-197 Linden Street, Wellesley, MA 02482
29 Washington Street, Wellesley, MA 02481
100 Worcester Street, Wellesley, MA 02481
494 Boston Post Road, Weston, MA 02193-1529
26 Mount Vernon Street, Winchester, MA 01890-2712
MASSACHUSETTS DIVISION OF BANKS
170
Officers:
Denis K. Sheahan, President & CEO
Michael F. Carotenuto, EVP, Chief Financial Officer
Thomas J. Fontaine, EVP, Chief Banking Officer
Jennifer A. Pline, , EVP, Head of Wealth Management
Martin B. Millane, Jr., EVP, Chief Lending Officer
Pilar Pueyo, SVP, Director of Human Resources
Puneet Nevatia, , SVP, Chief Information Officer
Kerri A. Mooney, SVP, Director of Private Banking Offices
Danielle Remis Hackel, SVP, Chief Marketing Officer
John Sullivan, SVP, Director of Consumer Lending
Ryan Hanna, , SVP, Director of Equities
David Lynch, , SVP, Chief Investment Officer
Patricia Mullin, , SVP, Director of Treasury Management
Ralph Letner, , SVP, Director of C&I
Mary Ann Manning, , SVP, Sr. Manager - Marketing & Communications
Peter J. Halberstadt, , SVP, Director of Credit Risk
Joseph Sapienza, SVP, Director of Accounting & Controller
Sara Sarkis, SVP, Senior Relationship Manager - Deposit & Treasury
William Oberlies, SVP, Senior Relationship Manager
Dina Scianna, SVP, Director of Community Partnerships & Devolpment
Eric Cioffi, SVP, Director of Enterprise Risk Management & Compliance
Henry Connors, SVP, Director of Special Projects
Vidalia M. DiVito, SVP, Director of Loan Portfolio Quality Control - Residential Lending
Greg Pauplis, , SVP, Commercial Lender
Michael Fung, , SVP, Portfolio Manager
Andrew Mahoney, , SVP, Commercial Real Estate Lender
Aimee Forsythe, , SVP, Portfolio Manager WM
David Tait, , SVP, Commercial Real Estate Lender
John Malvey, , SVP, Director of Commercial Lending NH
Mary Beth Mahoney, , SVP, Sr. Relationship Manager
Laura McGregor, , SVP, Senior Relationship Manager
Steven J. Mead, , SVP, Director of Commercial RE Lending
Bradford Buckley, SVP, Commercial Lender
David Felton, SVP, Director of Relationship Banking
Jerry Bazata, SVP, Senior Business Banking Specialist
Jeffrey B Churchill, SVP, Director of Operations
Robert Gagnon, SVP, Manager of Residential and Construction Lending - NH
Susan Yahn DePinto, , SVP, Sr. Relationship Manager
Brian Kelley, , SVP, Commercial Lender
Judith K Noel, , SVP, Sr. Relationship Manager, NH
Julie Alix, SVP, Senior Relationship Manager WM
Mary Beth Parker, SVP, Commercial Lender
Brian A. Bickford, SVP, Senior Portfolio Manager NH
Stephen A. Caputo, SVP, C&I Lending & Treasury Management
Robert Maquat, SVP, Wealth Advisor
Martin William Courage, SVP, Director of WM Business Development
Stephen DiCenso, , SVP, Residential Mortgage Lender
Eric C. Jussaume, SVP, Senior Portfolio Manager
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Kelly Broderick, Associate Director of Fiduciary Services
Heather Colleary, Director of Relationship Management
Marie DelRossi, Senior Fiduciary Officer and Trust Counsel
John Traynor, President, Cambridge Trust WM CT
Susan Martore-Baker, President, Cambridge Trust Company NH
Directors/Trustees:
Jeanette G. Clough Thomas J. Fontaine
Christine Fuchs, Simon R Gerlin,
Pamela A. Hamlin, Kathryn M. Hinderhofer,
Hambleton Lord Thalia M Meehan,
Daniel R Morrison, Leon A. Palandjian
Laila Partridge, Jody A Rose,
Cathleen A. Schmidt, Denis K. Sheahan
R. Gregg Stone Jane C. Walsh
Andy S. Zelleke
MASSACHUSETTS DIVISION OF BANKS
172
Eastern Bank
265 Franklin Street
Boston, MA 02110-3113
Telephone: 781-599-2100
Fax: 781-477-1208
2022 ANNUAL REPORT
173
Branches:
300 Western Avenue, Allston, MA 02134
15 Elm Street, Andover, MA 01810
1 Atwood Lane, Bedford, NH 03110
33 Enon Street, Beverly, MA 01915-2931
428 Rantoul Street, Beverly, MA 01915
275 Hanover Street, Boston, MA 02113
265 Franklin Street, Boston, MA 02110
63 Franklin Street, Boston, MA 02110
155 Dartmouth Street, Boston, MA 02116
51 Commercial Street, Braintree, MA 02184-4307
703 Granite Street, Braintree, MA 02184
110 Main Street, Bridgewater, MA 02324
1265 Belmont Street, Brockton, MA 02301-4400
276 Quincy Street, Brockton, MA 02302
1354 Beacon Street, Brookline, MA 02446
Hebrew Senior Life Center, Brookline, MA 02446
134 Cambridge Street, Burlington, MA 01803
2309 Massachusetts Avenue, Cambridge, MA 02140
647 Massachusetts Avenue, Cambridge, MA 02139
One Brattle Square, Cambridge, MA 02138
287 Third Street, Cambridge, MA 02142
291 Chelmsford Street, Chelmsford, MA 01824
90 Everett Avenue, Chelsea, MA 02150
210 Boylston Street, Chestnut Hill, MA 02467
11 South Main Street, Concord, NH 03301
4 Federal Street, Danvers, MA 01923-3606
240 Providence Highway, Dedham, MA 02026-1804
1906 Dorcester Avenue, Dorchester, MA 02124
538 Central Avenue, Dover, NH 03820
45 Broadway Road, Dracut, MA 01826
19 Depot Street, Duxbury, MA 02332
3003 Cranberry Highway, E. Wareham, MA 02538
Shaw's Market, 246 Border Street, East Boston, MA 02128
738 Broadway, Everett, MA 02149
1763 Revere Beach Parkway, Everett, MA 02149
815 Main Street , Falmouth, MA 02540
274 Main Street, Hingham, MA 02043
375 Iyannough Road, Hyannis, MA 02601
687 Centre Street, Jamaica Plain, MA 02130
108 Main Street, Kingston, MA 02364
45 Main Street, Lakeville, MA 02347
486 Essex Street, Lawrence, MA 01840
1833 Mass. Ave., Lexington, MA 02420
50 Central Street, Lowell, MA 01852
112 Market Street, Lynn, MA 01901
156 Boston Street, Lynn, MA 01904-3123
45 Salem Street, Lynnfield, MA 01940-2621
140 Ferry Street, Malden, MA 02148
41 Hooksett Road, Manchester, NH 03104
Crosby's Mrktpl, 118 Washington St., Marblehead, MA 01945
340 Front Street, Marion, MA 02738-0517
1932 Ocean Street, Marshfield, MA 02050
1560 Old Post Road, Marstons Mill, MA 02648
6 Shellback Way, Mashpee, MA 02649-2090
29 County Road, Mattapoisett, MA 02739-0455
503 Riverside Avenue Fellsway Plaza, Medford, MA 02155
MASSACHUSETTS DIVISION OF BANKS
174
441 Main Street, Melrose, MA 02176-6676
11 Trafalgar Square, Nashua, NH 03063
2 South Ave., Natick, MA 01760
1433 Highland Avenue, Needham, MA 02492
17 Storey Avenue, Newburyport, MA 01950-1818
188 Needham Street, Newton, MA 02464
2060 Commonwealth Avenue, Newton, MA 02466
32 Langley Road, Newton Centre, MA 02549
80 Washington Street, Norwell, MA 02061
Essex Center Drive, Peabody, MA 01960-1600
300 Brooksby Village Drive, Peabody, MA 01960
37 Foster Street, Peabody, MA 01960
163 Deer Street, Portsmouth, NH 03801
63 Franklin Street, Quincy, MA 02169
34 Chapman Street, Quincy, MA 02170
35 Memorial Parkway, Randolph, MA 02368
123 Haven Street, Reading, MA 01867
339 Squire Road, Revere, MA 02151
1413 Tremont Street, Roxbury Crossing, Roxbury, MA 02120
19 Congress Street, Salem, MA 01970-5130
6 Trader's Way, Salem, MA 01970-1741
37 Central Street, Salem, MA 01970
365 South Broadway, Salem, NH 03079
65C Route 6A, Sandwich, MA 02563-0000
605 Broadway, Saugus, MA 01906
466 Lincoln Avenue, Saugus, MA 01906-3793
7 South Main Street, Sharon, MA 02067
102 Fellsway West, Somerville, MA 02145
470 West Broadway, South Boston, MA 02127
163 Main Street, Stoneham, MA 02180
397 Washington Street, Stoughton, MA 02072
405 Paradise Road, Swampscott, MA 01907-1330
742 County Street, Taunton, MA 02780
445 Main Street, Wakefield, MA 01880-3354
One Church Street, Watertown, MA 02472
258 Washington Street, Wellesley, MA 02481
71 Carver Road, West Plymouth, MA 02360
203 Littleton Road, Westford, MA 01886
1150 Washington Street, Weymouth, MA 02189-2312
370 Main Street, Wilmington, MA 01887
522 Main Street, Winchester, MA 01890
299 Mishawum Road, Woburn, MA 01801
2022 ANNUAL REPORT
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Officers:
Robert F. Rivers, Chair & CEO
Quincy Miller, Vice Chair and President
James B. Fitzgerald, Vice Chair and Chief Administrative & Financial Officer
Steven L. Antonakes, Executive Vice President, Enterprise Risk Management
Martha A. Dean, Executive Vice President, Senior Operations Director
Gregory P. Buscone, Executive Vice President, Senior Commercial Banking Officer
Barbara J. Heinemann, Executive Vice President, Consumer Banking
Matthew A. Osborne, Executive Vice President, Senior Commercial Banking Officer
Donald M. Westermann, Executive Vice President, Chief Information Officer
Daniel J. Sullivan, Executive Vice President, Chief Credit Officer
Sujata Yadav, Executive Vice President, Chief Marketing Officer
Nancy Huntington Stager, President & CEO, Eastern Bank Foundation
Paul Ruocco, Senior Vice President
Nancy Miller, Senior Vice President
Richard Donald, Senior Vice President
Lisa Sheehan, Senior Vice President
John Brodrick, Senior Vice President
Deborah Blondin, Senior Vice President
Julie Colarusso, Senior Vice President
David Nussbaum, Senior Vice President
Mark Leonard, Senior Vice President
Christpher Scoville, Senior Vice President
Stephen Witt, Jr., Senior Vice President
Cheryle Leonard, Senior Vice President
Thomas Mercuro, Senior Vice President
Heather Tittmann, Senior Vice President
Yvonne Venuti, Senior Vice President
Anna Clune, Senior Vice President
Nancy Reap, Senior Vice President
Stacey Jackson, Senior Vice President
Katherine Wheeler, Senior Vice President
Boris Nusinov, Senior Vice President
Frank Coccoluto, Senior Vice President
Kristopher Puskar, Senior Vice President
Amy Tsokanis, Senior Vice President
Ryan Fullam, Senior Vice President
Joshua Neffinger, Senior Vice President
Donald Lewis, Senior Vice President
Ashley Eknaian, Senior Vice President
Brian Sheehan, Senior Vice President
Aileen Sheehan, Senior Vice President
Diana Lamkin, Senior Vice President
Sarrah Stewart, Senior Vice President
Maureen Trefry, Senior Vice President
Daniel Bolger, Senior Vice President
Kelly Mulholland, Senior Vice President
Sean Boucher, Senior Vice President
Jennifer Porter, Senior Vice President
MASSACHUSETTS DIVISION OF BANKS
176
Michael McCarthy, Senior Vice President
Scott Frazer, Senior Vice President
John Prendergast, Senior Vice President
Matthew Hunt, Senior Vice President
Carlo Guerriero, Senior Vice President
Alexander Schmidt, Senior Vice President
Catherine Scherer, Senior Vice President
Edward Jennings, Senior Vice President
Thomas Weber, Senior Vice President
Turahn Dorsey, Senior Vice President
Jeffrey Fuhrer, Senior Vice President
Katrina Privett, Senior Vice President
Caroline Malone, Senior Vice President
James Healey, Senior Vice President
Dorinne Abkarian, Senior Vice President
Karl Renney, Senior Vice President
Brendan O'Neill, Senior Vice President
Jonathan G. Marcus, Senior Vice President
Elizabeth J. O'Hara, Senior Vice President
Thomas J. King, Senior Vice President
Nicholas K. Moise, Senior Vice President
Laurie Hannigan, Senior Vice President
Paul Kurker, Senior Vice President
Lori Evans, Senior Vice President
James Murphy, Senior Vice President
Daniel C. Field, Senior Vice President
David Sawyer, Senior Vice President
Wendy L. de Villiers, Senior Vice President
Patricia Capalbo, Senior Vice President
Rana H. Murphy, Senior Vice President
Youssef Abdouh, Senior Vice President
Pamela Feingold, Senior Vice President
David B. MacManus, Senior Vice President
Karen Carbone, Senior Vice President
William J. Walsh, Senior Vice President
Yongmei A. Chen, Senior Vice President
Carolyn Crowley, Senior Vice President
John P. Farmer, Senior Vice President
Scott Stephenson, Senior Vice President
Katerina Papp, Senior Vice President
Heather A. Allen, Senior Vice President
Robert Beveridge, Senior Vice President
Kayla Aikins, Senior Vice President
Jared H. Ward, Senior Vice President
David A. Ahlquist, Senior Vice President
Patricia Timilty, Senior Vice President
Paul F. Coveney, Senior Vice President
Kathleen Conlin, Senior Vice President
Dolores Bogosian, Senior Vice President
Kevin DeVinney, Senior Vice President
2022 ANNUAL REPORT
177
M. Elisabeth Avila, Senior Vice President
Rebecca Grimm, Senior Vice President
James Brewer, Senior Vice President
Vadim Kuksin, Senior Vice President
Sarah Jones, Senior Vice President
Stephanie Monaghan, Senior Vice President
Jillian Belliveau, Senior Vice President
Hieu Nguyen, Senior Vice President
Andrea Goodman, Senior Vice President
Eric Pashley, Senior Vice President
Adriana Moschella, Senior Vice President
Rekha Sampath, Senior Vice President
Jerome Rubin, Senior Vice President
Mark Walker, Senior Vice President
Natalia Urtubey, Senior Vice President
Justin Mills, Senior Vice President
Ruth Bitchell, Senior Vice President
Annmarie Hewitt, Senior Vice President
Michael A. Tyler, Senior Vice President
Sergey Rusak, Senior Vice President
Jared Wallace, Senior Vice President
Jennifer Ryan, Senior Vice President
Christopher Reall, Senior Vice President
Michael Leofanti, Senior Vice President
Andrew Rosen, Senior Vice President
Brian Welch, Senior Vice President
Gregory Spurr, Senior Vice President
Julio Garcia, Senior Vice President
Ian Willard, Senior Vice President
Tracy Plants, Senior Vice President
Kathleen C. Henry, Executive Vice President, General Counsel & Corporate Secretary
Directors/Trustees:
Richard C. Bane Luis A. Borgen
Joseph T. Chung Paul M. Connolly
Bari A. Harlam Diane S. Hessan
Richard E. Holbrook Deborah C. Jackson
Peter K. Markell Robert F. Rivers
Greg A. Shell Paul D. Spiess
175
MASSACHUSETTS DIVISION OF BANKS
178
Enterprise Bank and Trust Company
222 Merrimack Street
Lowell, MA 01852
Telephone: 978-459-9000
Fax: 978-275-8609
Branches:
340 Great Road, Acton, MA 01720
8 High Street, Andover, MA 01810
674 Boston Road, Billerica, MA 01821
185 Littleton Road, Chelmsford, MA 01824
20 Drum Hill Road, Chelmsford, MA 01824
47 Crystal Avenue, Derry, NH 03038
1168 Lakeview Avenue, Dracut, MA 01826
420 John Fitch Highway, Fitchburg, MA 01420
45 Lowell Road, Hudson, NH 03051
290 Merrimack Street, Lawrence, MA 01843
65 Main Street, Leominster, MA 01453
4 Central Street, Leominster, MA 01453
1666 Massachusetts Avenue, Lexington, MA 02421
10 Michels Way, Londonderry, NH 03053
430-448 Gorman Street, Lowell, MA 01852
255 Broadway, Methuen, MA 01844
223 Boston Post Road, N. Billerica, MA 01862
86-88 Main Street, Nashua, NH 03060
493 Amherst Street, Suite A, Nashua, NH 03060
247 Chickering Road, North Andover, MA 01845
139 Bridge Street, Pelham, NH 03076
55 Main Street, Salem, NH 03079
1120 Main Street, Tewksbury, MA 01876
910 Andover Street, Tewksbury, MA 01876
253 Middlesex Road, Tyngsborough, MA 01879
237 Littleton Road, Westford, MA 01886
13-15 Indian Rock Road, Windham, NH 03087
2022 ANNUAL REPORT
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Officers:
James Matthew Coggins, , SVP Chief Marketing and Communications Officer
Jamie Gabriel, , EVP Chief Human Resources Director
Susan Covey, , EVP Branch Administration Director
Peter Rayno, , EVP NH Community Banking and Lending Director
Marlene Hoyt, , EVP Construction Lending Director
Brian Collins, , EVP, Director of Operations
Ryan Dunn, , EVP Regional Commercial Lending Officer
Diane Jeray, , SVP Credit Director
Richard W. Main, , President
Brian Bullock, EVP Chief Commercial Lending Officer
Stephen Irish, , EVP COO Managing Director of Wealth Management
Steven Larochelle, , EVP Chief Banking Officer
Diane Silva, , EVP Chief Mortgage and Consumer Lending Officer
Chester Szablak, , EVP Chief Sales, Community and Customer Relationship Officer
Michael Sullivan, , SVP Accounting Director
Charles Wolf, Jr., SVP Internal Audit Director
Jack P Clancy, Jr., Chief Executive Officer
Joseph R. Lussier, EVP Chief Financial Officer
Michael Gallagher, EVP Chief Risk Officer
Keith Soucie, EVP Chief Information Officer
Directors/Trustees:
Kenneth Ansin, Gino Baroni,
Jack P Clancy, Jr. John Clementi,
James Conway, Carole Cowan,
Normand Deschene, George L. Duncan,
John T. Grady, Mary Jane King,
John Koutsos, Joseph Lerner,
Shelagh E. Mahoney, Richard W. Main,
Jacqueline Moloney, Michael Putziger,
Carol Reid, Nick Stavropoulos,
Anita R Worden,
177
MASSACHUSETTS DIVISION OF BANKS
180
Fiduciary Trust Company
53 State Street
Boston, MA 02109
Telephone: 617-482-5270
Fax: 866-292-4709
Branches:
Officers:
Austin V. Shapard, President & CEO
Robert J. Jeffers, Chief Operating Officer
Adam D. Thompson, CPA, Chief Financial Officer
Anne K. Trinque, General Counsel & Corporate Secretary
Directors/Trustees:
Richard Breed III Leslie Crane Slavin
Grace K. Fey Robert E. Gallery,
Brent Henry Alexander Lynch,
Austin V. Shapard Greg A Shell,
Benjamin B. Taylor Ellen M. Zane
2022 ANNUAL REPORT
181
Middlesex Savings Bank
6 Main Street
Natick, MA 01760
Telephone: 508-653-0300
Fax: 508-653-8146
Branches:
279 Main Street, Acton, MA 01720
2 West Union Street, Ashland, MA 01721
186 The Great Road, Bedford, MA 01730
267 Hartford Avenue, Bellingham, MA 02019
629 Massachusetts Avenue, Boxborough, MA 01719
1208 Main Street, Concord, MA 01742
64 Main Street, Concord, MA 01742
598 Worcester Road, Framingham, MA 01702
899 Edgell Road, Framingham, MA 01701
1000 Franklin Village Drive, Franklin, MA 02038
112 Boston Road, Groton, MA 01450
830 Washington Street, Holliston, MA 01746
10 Main Street, Hopkinton, MA 01748
177 Broad Street, Hudson, MA 01749
308 Great Road, Littleton, MA 01460
72 Powdermill Road, Maynard, MA 01754
7 Digital Way, Maynard, MA 01754
495 Main Street, Medfield, MA 02052
81 Main Street, Medway, MA 02053
36A Milliston Road, Millis, MA 02054
6 Main Street, Natick, MA 01760
50 Chestnut Street, Needham, MA 02492
31 North Main Street, Sherborn, MA 01770
162 Cordaville Road, Southborough, MA 01772
454 Boston Post Road, Sudbury, MA 01776
657 Main Street, Walpole, MA 02081
1 Andrew Avenue, Wayland, MA 01778
150 Commonwealth Road, Wayland, MA 01778
278 Washington Street, Wellesley, MA 02481
65 East Main Street, Westborough, MA 01581
160 Littleton Road, Westford, MA 01886
MASSACHUSETTS DIVISION OF BANKS
182
Officers:
Michael G. McAuliffe, Chairman, President & CEO
Dana M. Neshe, Executive Vice President & COO
Brian D. Stewart, Executive Vice President, Treasurer & CFO
Ian D. Hecker, Executive Vice President and General Counsel
Sean F. Burke, Executive Vice President & Chief Technology Officer
Cheryl A. Corman, Executive Vice President & Chief Human Resources Officer
Jon C. Auger, Executive Vice President & Chief Retail Lending Officer
Charles T. Dwyer, Senior Vice President, Director of Commercial Banking
Geoffrey A. Homoliski, Senior Vice President, Director of Commercial Real Estate
Michael J. O'Riordan, Senior Vice President, Credit Administration
Michael J. Sullivan, Senior Vice President, Director of Internal Audit
Henry A. Liu, Senior Vice President & Compliance Officer
Paul E. Van Corbach, , Senior Vice President
Chris E. Vericker, , Senior Vice President
Carolyn K. Hardy, , Senior Vice President
Blain H. Marchand, , Senior Vice President
Susan J. Johnson, , Senior Vice President
Xiaolin ("Tony") Zhang, , Senior Vice President
Susan M. Mansfield, , Senior Vice President
Gregory L. Berks, , Senior Vice President
Nicole I. Pecorelli, , Senior Vice President
Jeffrey L. Glashow, , Senior Vice President
Courtney M. O'Regan, , Senior Vice President
Elizabeth J. Hacquebord, , Senior Vice President
Lynn R. Schade, , Senior Vice President
MIchelle L. Simms, , Senior Vice President
Brian K. Hanley, , Senior Vice President
Mary F. Trifero, , Senior Vice President
Adam C. Fandrey, , Senior Vice President
Paul J. Adams, , Senior Vice President
David M. Bennett, , Senior Vice President
William M. Kuza, , Senior Vice President
Mark O. Mitchell, , Senior Vice President
Dawn M. Seymour, , Senior Vice President
Holly A. Connors, , Senior Vice President
Patricia A. Chambers, , Senior Vice President
Timothy M. Farrell, , Senior Vice President
Carol C. Brown, , Senior Vice President
Mark A. Diebus, , Senior Vice President
Robert D. Pouliot, , Senior Vice President
Kenneth C. Watt, , Senior Vice President
Nicholas J Riley, , Senior Vice President
Mary J. Sammon, , Senior Vice President
Kathleen A. Maroney, , Senior Vice President
Andrew R. Boardman, Senior Vice President
Kerry C. Morgan, Senior Vice President
Laura L. Duncan, , Senior Vice President
Jonpaul Sallese, Senior Vice President
2022 ANNUAL REPORT
183
Bryan W. Christensen, , Senior Vice President
Paul M. Missaggia, , Senior Vice President
Brian R. Haney, Senior Vice President Robert
Roamer, , Senior Vice President Robert E.
Paulsen, Jr., Senior Vice President Robert F.
Millerick, Senior Vice President Thomas J.
McGinn III, Senior Vice President Mary Ann
Devlin, Senior Vice President Michael A.
Sundberg, , Senior Vice President Melinda H.
Van Schaick, Senior Vice President Lucy E.
Teixeira, Senior Vice President Anne E.
Plaisted, , Senior Vice President
Directors/Trustees:
Peter M. Burke, Arthur J. Chaves,
Arthur B. Fair, III, Carolyn Hatch Flood,
Donna M. Gallo, Paul J. Gerry, Jr.,
Kenneth C.A. Isaacs, Kelly A. Kober,
Brian D. Lanigan, Michael G. McAuliffe
Dana M. Neshe Ian E. Rubin,
181
MASSACHUSETTS DIVISION OF BANKS
184
New Valley Bank & Trust
One Monarch Place, 1414 Main Street, Suite 1
Springfield, MA 01144
Telephone: 413-739-2265
Fax: 413-707-1629
Branches:
1930 Wilbraham Road, Springfield, MA 01129
333 Elm Street, West Springfield, MA 01089
Officers:
J. Jeffrey Sullivan, President & CEO
Michael A. Pare, Treasurer & CFO
Ryan A. Hess, Senior Vice President & Chief Lending Officer
Jill Brody, Vice President, Director of Risk Management
Jeannette Ramos, Vice President, Operations
Directors/Trustees:
Frank M. Antonacci Lamont E. Clemons
Maureen A. Devine Rocco J. Falcone II
Francis P. Fitzgerald, Esq. James M. Garvey
Timothy M. Lamotte Peter Martins
Sarah Maggi Morin J. Jeffrey
Sullivan Jacob T. Waah
2022 ANNUAL REPORT
185
Northern Bank & Trust Company
275 Mishawum Road
Woburn, MA 01801
Telephone: 781-937-5400
Fax: 781-937-5416
Branches:
414 Massachuetts Avenue, Acton, MA 01720
482 Boston Road, Billerica, MA 01821
13 Center Street, Burlington, MA 01803
14 Littleton Road, Chelmsford, MA 01824
265 Great Road, Littleton, MA 01460
514-516 Franklin Street, Melrose, MA 02176
600 Main Street, Reading, MA 01867
240 Main Street, Stoneham, MA 02180
430 Boston Post Road, Sudbury, MA 01776
45 Main Street, Westford, MA 01886
303 Main Street, Woburn, MA 01801
215 Lexington Street, Woburn, MA 01801
Officers:
James J. Mawn, Jr., President & CEO
Donald P. Queenin, Executive Vice President
Francis Kenney, Executive Vice President & CFO
Raymond Clark, Executive Vice President
Michael J. Kosicki, Senior Vice President, Chief Operating Officer
Christine Downey, Senior Vice President, Chief Risk Officer
Kahtleen A. Harris, Senior Vice President, Chief Human Resources Officer
Jeffrey Hall, Senior Vice President, Chief Technology Officer
Bridgeen M. Doherty, Senior Vice President, Chief Commercial Loan Operations Officer
Anthony Rizzo, Senior Vice President, Residential Lending
Sean P. Mahoney, General Counsel
Katie Gatcomb, Vice President, Compliance
Joseph Saling, Vice President, Information Technology
Bhawesh Raj Sharma, Vice President, Information Security
Directors/Trustees:
Danielle S. Black James D. Brown, III
Brandon D. Kelly John C. Martini
Russell A. Mawn James J. Mawn, Jr.
Mary Elizabeth Mawn-Ferullo Alicia J. Mawn-Mahlau
Robert L. McCrensky Donald P. Queenin
M. Catherine Riley Fortunato "Fred"
Salvucci John W. Sullivan
MASSACHUSETTS DIVISION OF BANKS
186
OneUnited Bank
100 Franklin Street - 6th Floor
Boston, MA 02110
Telephone: 617-457-4400
Fax: 617-457-4435
Branches:
648 Warren Street, Dorchester, MA 02121
3683 Crenshaw Boulevard, Los Angeles, CA 90016
3275 NW 79th St., Miami, FL 33147
2343 Washington Street, Roxbury, MA 02119-3288
Officers:
Kevin Cohee, Chairman & CEO
Teri Williams, President & COO
Robert Patrick Cooper, Senior Vice President & General Counsel
Cecilia Isaac, Senior Vice President & Chief Lending Officer
Sherri Brewer, Senior Vice President & Chief Retail Officer
Andrew Walsh, Senior Vice President & Chief Financial Officer
James Slocum, Senior Vice President & Chief Information Officer
Kimmie Jackson, Senior Vice President, Human Resources
Directors/Trustees:
Richard D. Carr, DDS Kevin Cohee
Delores Pettis George A. Russell, Jr.
John L. Sims John Trotter
Teri Williams Leon Wilson
2022 ANNUAL REPORT
187
Rockland Trust Company
288 Union Street
Rockland, MA 02370-1896
Telephone: 800-826-6100
Fax: 508-732-7777
MASSACHUSETTS DIVISION OF BANKS
188
Branches:
381 Centre Avenue, Abington, MA 02351
229 N. Harvard Street, Allston, MA 02134
175 Broadway Street, Arlington, MA 02474
490 Pleasant Street, Attleboro, MA 02703
4 North Main Street, Bellingham, MA 02019
70 Concord Avenue, Belmont, MA 02478
1134 Washington Street, Boston, MA 02118
93 Franklin Street, Boston, MA 02110
172 Clay Pond Road, Bourne, MA 02532
405 Washington Street, Braintree, MA 02184
233 Broad Street, Bridgewater, MA 02324
435 Market Street, Brighton, MA 02135
100 Belmont Street, Brockton, MA 02301
485 Belmont Street, Brockton, MA 02301
1441 Beacon Street, Brookline, MA 02446
170 Cambridge Street, Burlington, MA 01803
124 Main Street, Carver, MA 02330
1195 Falmouth Road, Centerville, MA 02632
655 Main Street, Chatham, MA 02633
1192 Boylston Street, Chestnut Hill, MA 02467
773 Chief Justice Cushing Highway, Cohasset, MA 02025
10 Elm Street, Danvers, MA 01923
749 Providence Highway, Dedham, MA 02026
489 Gallivan Blvd., Dorchester, MA 02124
305 Talbot Avenue, Dorchester, MA 02124
2250 Dorchester Avenue, Dorchester, MA 02124
27 Bay Road, Duxbury, MA 02332
290 Kingstown Way, Duxbury, MA 02332
10 Meridian Street, East Boston, MA 02128
856 Bennington Street, East Boston, MA 02128
1 Bennington Street, East Boston, MA 02128
397 East Falmouth Highway, East Falmouth, MA 02536
Two South Water Street, Edgartown, MA 02539
245 Upper Main Street, Edgartown, MA 02539
1755 Revere Beach Parkway, Everett, MA 02149
75 Huttleston Avenue, Fairhaven, MA 02719
855 Brayton Avenue, Fall River, MA 02721
768 Robeson Street, Fall River, MA 02720
20 Davis Straits, Falmouth, MA 02540
1 Mechanic Street, Foxboro, MA 02035
231 East Central Street, Franklin, MA 02038
58 Main Street, Franklin, MA 02038
434 Plymouth Street, Halifax, MA 02338
272 Columbia Road, Hanover, MA 02339
470 Liberty Street, Hanson, MA 02341
100 Sgt. William B. Terry Drive, Hingham, MA 02043
264 Nantasket Avenue, Hull, MA 02045
765 Main Street, Hyannis, MA 02601
1196 River Street, Hyde Park, MA 02136
1065 Truman Parkway, Hyde Park, MA 02136
515 Centre Street, Jamaica Plain, MA 02130
184 Summer Street, Kingston, MA 02364
335 Broadway, Lynn, MA 01904
728 State Road, Manomet, MA 02345
31 Webster Square, Marshfield, MA 02050
5 Shellback Way, Mashpee, MA 02649
2022 ANNUAL REPORT
189
76 North Street, Medfield, MA 02052
410 Riverside Avenue, Medford, MA 02155
27 Melrose Street, Melrose, MA 02176
14 Hastings Street, Route 16, Mendon, MA 01756
30 South Main Street, Middleboro, MA 02346
135 South Main Street, Middleboro, MA 02346
146 South Main Street, Milford, MA 01757
300 East Main Street, Milford, MA 01757
480 Adams Street, Milton, MA 02186
1 Amelia Drive, Nantucket, MA 02554
2 Orange Street, Nantucket, MA 02554
104 Pleasant Street, Nantucket, MA 02554
1450 Highland Avenue, Needham, MA 02492
833 Ashley Boulevard, New Bedford, MA 02745
170 Needham Street, Newton, MA 02464
40 Austin Street, Newtonville, MA 02460
78 County Road, North Falmouth, MA 02556
10 Pond Street, Norwell, MA 02061
61 Lenox Street, Norwood, MA 02062
57 Circuit Avenue, Oak Bluffs, MA 02557
70 Main Street, Orleans, MA 02653
57 West Bay Road, Osterville, MA 02655
67 Prospect Street, Peabody, MA 01960
147 Center Street, Pembroke, MA 02359
32 Long Pond Road, Plymouth, MA 02360
One Pilgrim Hill Road, Plymouth, MA 02360
94 Court Street, Plymouth, MA 02360
495 Hancock Street, Quincy, MA 02170
301 Quincy Avenue, Quincy, MA 02169
84 North Main Street, Randolph, MA 02368
275 New State Highway, Raynham, MA 02767
575 Broadway, Revere, MA 02151
126 Squire Road, Revere, MA 02151
Mobile Branch, Revere, MA 02151
288 Union Street, Rockland, MA 02370
333 Cotuit Road, Sandwich, MA 02563
317 Main Street, Saugus, MA 01906
320 Central Street, Saugus, MA 01906
77 Front Street, Scituate, MA 02066
1400 Fall River Avenue, Seekonk, MA 02771
193 Boston Turnpike, Shrewsbury, MA 01545
100 Slade's Ferry Avenue, Somerset, MA 02726
399 Highland Avenue, Somerville, MA 02144
37 Union Square, Somerville, MA 02143
430 West Broadway, South Boston, MA 02127
708 East Broadway, South Boston, MA 02127
501 Southampton Street, South Boston, MA 02127
428 Station Avenue, South Yarmouth, MA 02664
608 Washington Street, Stoughton, MA 02072
257 Edgartown Road, Vineyard Haven, MA 02568
381 Main Street, Wakefield, MA 01880
1290 Main Street, Waltham, MA 02451
75 Moody Street, Waltham, MA 02453
2995 Cranberry Highway, Wareham, MA 02538
932 Main Street, West Dennis, MA 02670
1920 Centre Street, West Roxbury, MA 02132
2420 Cranberry Highway, West Wareham, MA 02576
MASSACHUSETTS DIVISION OF BANKS
190
35 Lyman Street, Westborough, MA 01501
171 University Avenue, Westwood, MA 02090
104 Main Street, Weymouth, MA 02188
692 Bedford Street, Whitman, MA 02382
15 Bartlett Road, Winthrop, MA 02152
275 Main Street, Woburn, MA 01801
88 Montvale Ave/Woburn High School, Woburn, MA 01801
633 Park Avenue, Worcester, MA 01603
301 Grove Street, Worcester, MA 01605
967 Grafton Street, Worcester, MA 01604
Officers:
Christopher Oddleifson, Chief Executive Officer
Gerard F. Nadeau, President & Chief Commercial Banking Officer
Robert D. Cozzone, Executive Vice President & COO
Edward H. Seksay, Executive Vice President & General Counsel
Barry H. Jensen, Executive Vice President & Chief Technology and Operations Officer
Dawn A. Mugford, Senior Vice President & Chief Risk Officer
Jonathan Nelson, Senior Vice President and Treasurer
Timothy C. Lane, Senior Vice President & Chief Internal Auditor
Maria Harris, Senior Vice President & Chief Human Resources Officer
Alastair Ironside, Senior Vice President & Chief Marketing Officer
Mark Ruggiero, Senior Vice President & Chief Financial and Accounting Officer
Patricia M. Natale, Senior Vice President, Deputy General Counsel and Corporate Secr
David B. Smith, Senior Vice President, Managing Director & Chief Investment Officer
Debra Smith, Senior Vice President and Director of Banking & Digital Operations
Maureen Gaffney, Senior Vice President & Controller
Anthony Antonopoulos, Senior Vice President, Director of Compliance
Directors/Trustees:
Donna L. Abelli, Warren Q. Fields,
Michael P. Hogan, Kevin J. Jones,
Mary L. Lentz, Eileen C. Miskell,
John J. Morrissey, James O'Shanna Morton,
Gerard F. Nadeau Daniel F. O'Brien,
Susan Perry O'Day, Christopher Oddleifson
Scott Smith, Thomas R. Venables,
2022 ANNUAL REPORT
191
State Street Bank and Trust Company
One Lincoln Street
Boston, MA 02111
Telephone: 617-786-3000
Fax: 617-664-4666
Branches:
Toranomon Hills Mori Tower 25F, Minato-ku, Tokyo, Japan, XX 105-6325
01-02, 15F, Unit 1, Building #1, Beijing, China, XX 100020
68th Floor, Two International Finance Centre, Central Hong Kong, China, XX N/A
525 Washington Boulevard, Jersey City, NJ 07310
1100 Main Street, Floor 3, Kansas City, MO 64105
20 Churchill Place, Canary Wharf , London, England, XX E14 5HJ
1981 McGill College Avenue, Montreal Quebec, Canada, XX H3A 3A8
31 F, Center1 West, Seoul, Korea, XX 04539
168 Robinson Rd, Singapore, XX 068912
420 George Street, Sydney NSW, Australia , XX 2000
19/F, 207 Tun Hwa South Road, Section 2, Taipei, Taiwan, XX 10675
30 Adelaide Street, East, Toronto ON, Canada, XX M5C 3G6
Officers:
Ronald P. O'Hanley, Chairman & CEO
Eric W. Aboaf, Vice Chairman & CFO
Louis D. Maiuri, President & COO
Ian Appleyard, Executive Vice President, Global Controller & Chief Accounting Officer
David C. Phelan, Executive Vice President & General Counsel
Michael Richards, Executive Vice President & Chief Administrative Officer
W. Bradford Hu, Executive Vice President & Chief Risk Officer
Kathryn M. Horgan, Executive Vice President
Andrew Erickson, Executive Vice President
Cyrus Taraporevala, President & CEO of State Street Global Advisors
Yudhishthir Singh Hada, Vice President, U.S. Regulatory Reporting
Directors/Trustees:
Marie Chandoha DonnaLee DeMaio
Amelia C. Fawcett William C. Freda
Louis D. Maiuri William L. Meaney
Ronald P. O'Hanley Sean O'Sullivan
Richard P. Sergel Gregory L. Summe
MASSACHUSETTS DIVISION OF BANKS
www.mass.gov/dob
@Mass_Consumer
@MassConsumer
