Needham Bank has added more than 100 jobs in the last four years, jumping from 57 employees in 2010 to 178 in 2014.

“One of the really satisfying aspects of running a community bank is that any success we achieve is almost immediately invested back into the local communities we serve,” Jack McGeorge, CEO and chairman of Needham Bank, said in a statement. “Local residents have responded very well to our efforts to attract new checking account, term deposit and residential loan customers; our traditional construction lending business has continued to grow; and we have achieved excellent progress in the important commercial lending sector. Taken together, this broad-based success has allowed us to step up our hiring and contribute directly to the local economy.”

The bank did not provide specifics in terms of future hiring, but McGeorge added that he saw every reason to expect additional hiring in the months ahead, according to a press release.

“Most of our recent growth has been generated by our own customers, who recommend us enthusiastically to family, friends and colleagues. As long as we continue to provide our legendary superior service and features like no-fee checking, no-fee ATM use anywhere in the world and electronic check deposit via a smart phone, our circle of customers can only grow. Additional hiring will flow from that,” he said in a statement. 

Needham Bank Triples Staff In Four-Year Period

by Banker & Tradesman time to read: 1 min
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