News: Financial Digest

Bridgewater Savings Bank promotes Dello Russo and Fisher

Raynham, MA Several promotions occurred recently at Bridgewater Savings Bank’s 145th Annual Meeting, including the promotion of Peter Dello Russo to president and chief executive officer, and Richard Fisher to executive vice president and chief operating officer.

Russo has over 35 years of financial management experience, including 16 years of dedicated service to Bridgewater Savings Bank, most recently as president and chief operating officer. His prior roles include serving as president at Mill River Mortgage Company, Inc., senior vice president and senior credit officer at PNC Bank, New England, as well as first vice president at BancBoston Mortgage Corp.

“Peter has proven to be extremely knowledgeable and dedicated,” said Robert Todd, Bridgewater Savings Bank chairman of the Board of Trustees. “He is well deserving of the position and will carry on the tradition of strong leadership and community service.”

Fisher has been appointed to his new position as executive vice president and chief operating officer following his role as executive vice president and director of operations. Fisher has over 31 years of experience in mortgage banking management and bank operations and has been with the bank since January 2004.

In his role as chief operating officer, Fisher will oversee information technology, deposit operations, security, facilities, and retail banking.

Several additional promotions were announced at the annual meeting including James Duff to senior vice president and commercial loan officer; Joseph Mcmahon to vice president and retail investment officer; Beth Ellis to assistant vice president and trust officer; Michael Baker to assistant vice president and controller; Reiko McNeil to assistant vice president and branch and client relationship officer; and James Morin to assistant deposit operations officer.

Established under state charter in 1872, Bridgewater Savings is a full service financial institution offering commercial and residential loans as well as business and personal banking. Please visit BridgewaterSavings.com or call 508.884.3300 for additional information. Bridgewater Savings is a member of the Federal Deposit Insurance Corporation (FDIC) and a member of the Depositors Insurance Fund (DIF). Bridgewater Savings is an Equal Housing Lender .

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