Millbury Savings elects new president and senior loan officer; promotes two to vice president.
Millbury Savings Bank has its first new president in more than 20 years.
At its recent annual and board of trustees meetings, the bank named Robert J. Morton president and chief operating officer, succeeding previous president William J. Walsh who will remain chief executive officer until his planned retirement in January 2015.
Rob, previously the bank’s executive vice president and senior loan officer, will be the bank’s first new president in more than two decades. He has been in banking for more than 25 years, with the last 14 at Millbury Savings.
"I am grateful for the opportunity to guide Millbury Savings Bank, and to work with the board of trustees to ensure the bank remains a vibrant, growing institution for many years," said Rob. "Our financial strength, commitment to giving back to the communities we serve, and focus on delivering top-notch customer service are all keys to our future success."
Prior to joining Millbury Savings, Rob was vice president and commercial loan officer at Bay State Savings Bank and assistant vice president and commercial loan officer at Shawmut Bank, both in Worcester.
He is a board member of Worcester Business Development Corporation and Worcester State University Foundation, a corporator of the American Red Cross of Central Massachusetts, and a member of both the Swing for Wishes Golf Committee benefitting the Make-A-Wish Foundation, and the Worcester Economics Club. He was an organizer of the 2013 Millbury Chain of Lights and served as chairperson of the Millbury Bicentennial’s finance and fundraising committee as well as a member of its executive committee. He is also a past president of the board of Millbury Dollars for Scholars.
Rob holds a bachelor’s degree from Worcester State University, a master of business administration from Clark University, and a certificate of advanced graduate study from Babson College.
At the same meeting, the bank’s trustees also named Senior Vice President Jason M. Faber as senior loan officer, succeeding Rob. Jason was also elected a bank corporator.
Jason recently joined Millbury Savings from Peoples United Bank, where he spent seven years as a vice president in the commercial lending area, focusing on middle market companies with $1 million to $15 million in sales. Before that, he was a commercial lender in the large corporate market with Sovereign Bank. Jason holds a bachelor of science in Finance from Virginia Tech.
The bank also promoted Robin A. Boucher and Lynne P. Feiz to vice president.
Robin joined Millbury Savings in April 1998 and has been promoted to vice president, information systems officer. She holds a bachelor of science in Business Management, summa cum laude, from Becker College. She is a water quality volunteer with the Blackstone River Coalition, was a member of the Millbury Bicentennial’s finance and fundraising committee, and is an active volunteer within her community.
Lynne joined Millbury Savings Bank in April 2007 and has been promoted to vice president, marketing and retail sales officer. She received a bachelor of science in Communications, magna cum laude, from Boston University and is a member of the American Bankers Association Marketing Network and the New England Financial Marketing Association. She also was an organizer of the 2013 Millbury Chain of Lights.