FLORENCE—Florence Bank, a mutually-owned savings bank serving the Pioneer Valley through 12 branch locations, today announced the appointment of Douglas Gilbert of Agawam to the position of vice president / commercial lending.
Gilbert comes to Florence Bank with more than 27 years of banking experience, most recently at Country Bank, where he served as first vice president and team leader in the Commercial Lending Department. His duties there included managing the commercial lending team and an extensive loan portfolio. His experience also includes serving as vice president and head of commercial lending at Easthampton Savings Bank and as assistant vice president in commercial lending at Westfield Bank.
Gilbert is a certified public accountant who earned an undergraduate degree from Westfield State University and a master’s in business administration from the University of Connecticut. He also serves on the board of the Quaboag Valley Business Assistance Corporation.
Gilbert said, “It is a great opportunity to be affiliated with Florence Bank, which has such an excellent reputation and does so much good in the community. Everyone here has made me feel right at home from the beginning.”
Kevin R. Day, president and CEO of Florence Bank, said, “Doug is a great addition to the Florence Bank team. His significant lending experience coupled with his knowledge of the communities we serve will be a tremendous value to our business customers.”
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About Florence Bank
Florence Bank is a mutually-owned savings bank chartered in 1873. Currently, the Bank serves the Pioneer Valley through 12 full-service branch locations in Florence, Northampton, Easthampton, Williamsburg, Amherst, Hadley, Belchertown, Granby, Chicopee, West Springfield and Springfield. Additionally, it offers 25 ATMs and a wide range of financial services, including investment management through FSB Financial Group (FSBFG) to consumers and businesses. Florence Bank is consistently voted best local bank by the readers of the Valley Advocate and the Daily Hampshire Gazette.