Philip Crotts joins Needham Bank as Vice President IT Security Program Officer 6/30/2022

Needham Bank recently announced that Phillip Crotts has joined the Information Technology department as Vice President IT Security Program Officer. He is responsible for the maintenance of IT security functions and serving as the IT liaison for federal examiners and external and internal auditors.

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Arthur Zweil joins Needham Bank as Vice President Commercial Real Estate Lender 6/30/2022

Needham Bank announced that Arthur Zweil joined the Commercial Lending department as Vice President Commercial Real Estate (CRE) Lender. He is responsible for evaluating, authorizing and recommending approval of commercial loans, as well as advising borrowers on strategies to manage their business’ finances.

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Needham Bank Becomes Small Business Administration Preferred Lender 5/25/2022

Needham Bank has officially been named a U.S. Small Business Administration (SBA) Preferred Lender—the highest lending status available within the agency.

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Anthony LaRosa, CPA, joins Needham Bank as Senior Vice President, Director of Accounting 4/8/2022

Needham Bank announced that Anthony LaRosa joined the accounting department as Senior Vice President, Director of Accounting. Mr. LaRosa will report directly to Executive Vice President, Chief Financial Officer & Treasurer Danielle Walsh and perform complex accounting duties, review and prepare financial documents and improve accounting and investment functions.

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Needham Bank Completes Transfer of Cannabis Banking Business from Eastern Bank 4/4/2022

Needham Bank (“Needham”) and Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, announced today that Needham completed the transfer of the cannabis banking and money service businesses from Eastern after receiving the necessary regulatory approvals.

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Thomas Bickford joins Needham Bank as Vice President Cash Management Sales Team Leader 3/24/2022

Mr. Bickford is responsible for overseeing the cash management relationship managers, ensuring improvement in revenue growth and portfolio development of cash management products.

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Lori Schofield joins Needham Bank as Vice President Residential Loan Officer 3/4/2022

Needham Bank announced that Lori Schofield joined the Residential Lending team as vice president residential loan officer. Ms. Schofield will be responsible for originating first mortgage loans, promoting Needham Bank’s lending services to the real estate community, and helping to identify and serve the community’s financial needs through home loan counseling and real estate seminars.

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Patrick Daaboul joins Needham Bank as Vice President, SBA Program Manager 1/28/2022

Needham Bank announced that Patrick Daaboul joined the Small Business team as vice president, SBA program manager. Reporting to Michael Semizoglou, senior vice president- director small business, Mr. Daaboul will be responsible for the management of the Small Business Administration (SBA) loan program and will oversee employees who support the small business lending staff.

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