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bankESB Hires Yates as Portfolio Manager

EASTHAMPTON, MASSACHUSETTS, December 2, 2021 — bankESB, with 11 offices throughout Western Massachusetts, recently announced that Rachel M. Yates of Springfield has been hired as portfolio manager. She will be based in the bank’s Northampton St., Easthampton, office.


Yates brings nearly 20 years of banking experience to bankESB, joining from Berkshire Bank where she served as assistant vice president, loan review officer, and before that as assistant vice president, commercial credit officer. She earned a master’s degree in accounting and a bachelor’s degree in business administration, both from Bay Path University, as well as an associate degree in accounting from Springfield Technical Community College.


Yates is active in the community, serving as a member of the board of directors of Chicopee’s Microtek, Inc.  She was formerly the treasurer and a member of the Finance Committee at the Community Music School of Springfield and was a former mentor with the Hampden County Big Brothers/Big Sisters Organization.


About bankESB

Founded in 1869 as Easthampton Savings Bank, bankESB is headquartered in Easthampton, Massachusetts, and operates 11 branches throughout western Massachusetts. Through its sponsorship and charitable giving program, bankESB and the Easthampton Savings Bank Charitable Foundation support non-profit organizations and causes throughout Hampden and Hampshire counties. In 2020, the bank and foundation donated more than $307,000 and over the last five years donated more than $1.7 million. For more information, visit


bankESB is a member of the Hometown Financial Group, a $3.4 billion mutual multi-bank holding company headquartered in Easthampton, Massachusetts, and the parent company of bankESB, bankHometown, and Abington Bank. For more information, visit