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Millbury Savings Bank Elects New Trustee; Corporators

At its recent annual meeting, Millbury Savings Bank elected Charles R. Valade of Sutton to its board of trustees and elected seven new members to its board of corporators.

Mr. Valade is a retired former bank executive, having most recently served as executive vice president and senior loan officer of United Bank prior to its merger with Rockville Bank.  Before that, he was president and chief executive officer, senior loan officer, and a board member at Commonwealth National Bank. Mr. Valade holds a Bachelor of Science in business administration from Nichols College and is currently a board member and treasurer of The Hanover Theatre for the Performing Arts. 

The bank elected the following corporators to 10-year terms: 

Jon L. Backholm of Leicester is controller of Grafton-based Washington Mills and a graduate of Bentley College.

Jennifer Belisle-O’Connell of Millbury is an independent strategic planning and analysis consultant and a graduate of Babson College and Clark University.

Jill B. Donnelly of Webster is president of the Worcester-based Boulay Donnelly & Supovitz Consulting Group, Inc., and a graduate of UMass Amherst.

Fadi El-Massih of Southborough is owner of the Riverside Mart in Millbury and attended Northeastern University.

Robert E. Vigneau, Jr. of Millbury is managing partner of TPR Homes LLC, doing business as Miles Builders, and is a graduate of Springfield College.

Adam Waitkevich of Millbury is a certified financial planner and the founder of Coppertree®, an independent financial planning firm.

Paul W. Weldon of Sutton is owner of Cold Stone Creamery in Millbury and an employee of FedEx.


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