John Migliozzi

Everett Bank, a cooperative bank with about $666 million in assets and two branches, has hired former executives from Century Bank and East Boston Savings Bank after both banks were acquired in November.

John Migliozzi, East Boston Savings Bank’s former executive vice president and senior lender, has been appointed Everett Bank’s executive vice president and head of commercial banking and mortgage, the bank said in a statement yesterday. Migliozzi was originally expected to move over to Rockland Trust Bank after the acquisition of East Boston Savings Bank, which was announced in April and completed in November. During its conference call in April to discuss the merger, Rockland Trust said Migliozzi was one of the executives offered positions at the bank.

Cary Lynch, Century Bank’s former senior vice president and director of retail sales and service, has also joined Everett Bank in the newly created role of senior vice president and head of retail banking.

The bank said Migliozzi and Lynch would strengthen its customer relationships and grow its asset portfolios.

“We are energized by the additions of John and Cary to our senior leadership team,” Richard J. O’Neil Jr., president and CEO of Everett Bank, said in the statement. “With their great depth of experience in finance, they are well positioned to usher in an exciting new era of growth for Everett Bank, while always staying true to our mission to do right by our customers.”

Migliozzi, who will report to O’Neil, has more than 25 years of banking experience. He will oversee the commercial and residential lending divisions, managing the bank’s $520 million real estate portfolio and building assets in the coming years, the bank said.

“Everett Bank’s local community feel and customer-first approach set it apart from the competition and immediately attracted me to this role and opportunity,” Migliozzi said. “I am thrilled to join an organization that prioritizes high-touch customer service, and I am committed to continuing that reputation as we continue to build the future of Everett Bank.”

Another former member of East Boston Savings Bank’s executive team, John Carroll, became president and CEO of Winchester Savings Bank earlier this year. Carroll was previously East Boston Savings Bank’s chief operating officer.

Lynch, who will also report to O’Neil, has over 35 years of retail managerial experience, the statement said. He previously managed Century Bank’s branch network and supervised the retail operations and analytics team. At Everett Bank, Lynch will work on enhancing marketing strategies, improving the branch and digital delivery channels, and maintaining a focus on exceptional customer service, the statement said.

“Joining such a driven and dedicated team is an honor,” Lynch said. “In this newly created role, I am looking forward to enhancing our approach to providing tailored financial solutions and exploring new ways to meet and exceed our customers’ expectations.”

Also joining Everett Bank is Brian DeVenne as a business development officer. Devenne was previously the branch manager at Century Bank’s Everett location. Reporting to Lynch, DeVenne will represent Everett Bank in the community and be responsible for acquiring and developing new business and customer relationships, the statement said. Before joining Century Bank, Devenne was a business development officer for Citizens Bank.

Everett Bank has branches in Everett and Lynnfield.

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by Diane McLaughlin time to read: 2 min