Saugusbank shareholders re-elected directors KreonCyros, Cynthia McGurren and Pamela Casey O’Brien, while electing new director Richard Yagjian at its 101st annual shareholder meeting Thursday.
Shareholders also made Pamela Casey O’Brien clerk of the corporation.
The board elected the following officers: Kevin M. Tierney, Sr., president and CEO; Robert R. Clay, senior vice president, CFO and treasurer; Joanne M. Fortunato, senior vice president; Lawrence Keenan, vice president; and Kimberly Lovett, vice president.
"We’re extremely pleased with the growth that we experienced over the past year. Moving forward, we believe that there will be real market share opportunities for
community banks like ours and that we will be ideally positioned to take advantage of them," Tierney said.
Saugusbank is a $208 million bank with $169 million in deposits.
