Needham Bank Opens New Branch in Medford and Donated $35,000 to Local Non-Profit Organizations
On December 19, 2022, Needham Bank opened its new Medford location at 270 Mystic Avenue, which includes a full-service retail branch and Specialized Banking Center (SBC).
Needham Bank Names New Wellesley Branch Manager
Needham Bank is pleased to announce that Maria Ramos has been appointed the new branch manager of the bank’s Wellesley location on 458 Washington Street.
Gene Kalaw joins Needham Bank as Vice President Medford Branch Manager
Mr. Kalaw brings over 25 years of progressive experience to his new role, where he is responsible for overseeing all aspects of the Medford’s branch sales and service performance.
Sarah O’Toole joins Needham Bank as Vice President Business Development Officer
Ms. O’Toole is responsible for the development and cultivation of relationships with businesses that range from large corporate entities to small businesses.
Needham Bank Contributes $100,000 to Enhance Wellesley’s Track & Field Complex
Needham Bank has announced it will contribute $100,000 in matching donations to the Wellesley Field Fund’s (WFF) capital campaign to enhance the Wellesley High School Track & Field.
Needham Bank Named a 2022 Boston Globe Top Place to Work
Needham Bank was once again named a Top Place to Work by the Boston Globe.
Needham Bank Announces Medford Expansion Plan
Needham Bank is opening a new banking center in Medford and expanding its office space to better serve small and medium sized business and commercial real estate clients, and to accommodate its growing cannabis banking practice.
Emma Lindsay joins Needham Bank as Vice President Retail Market Administration
Ms. Lindsay brings over 20 years of retail banking experience to this new role. She will be responsible for leading the Retail Administration team and overseeing their professional development and training.
Kathleen Heroux joins Needham Bank as Vice President IT Operations Manager
Reporting to James Gordon, Senior Vice President—Information Technology, Ms. Heroux is responsible for managing the day-to-day coordination of IT systems and staff.
Needham Bank Completes Financing to Glorious Cannabis Company
Glorious Cannabis will use the financing to complete the construction of their cannabis establishment in Uxbridge, Massachusetts.
Blake Bamford joins Needham Bank as Senior Vice President Structured Finance Relationship Manager
Mr. Bamford will evaluate, authorize and recommend approval for commercial loans that are generally greater than $10 million in commitment size. He also will assist James Daley, Senior Vice President-Structured Finance with the build-out of the Bank’s C&I Structured Finance segment.
Groma and Needham Bank Partner to Finance Multi-Family Investments in Boston, MA
Needham Bank and Groma have partnered on a $41.5 million three-part debt facility. The bulk of the partnership is focused on enabling Groma to scale up its acquisition/rehabilitation of small-unit count multi-family homes in Boston.