News: Financial Digest

Drummey promoted to president and chief executive officer at Randolph Savings Bank

The Randolph Savings Bank board of directors has elected Thomas Drummey president and chief executive officer to succeed Richard Boonisar who is retiring. Drummey had been the bank's executive vice president and chief operating officer. "Having Drummey follow Boonisar will allow the bank to enjoy a seamless transition of top management," says Roy Conrad, chairman. "He has worked very closely with Boonisar as executive vice president and is familiar with every aspect of the bank's operation. He has been a big part of the success and stability we have enjoyed over the past year." Drummey is a member of the FDIC New Immigration Alliance Task Force, the Mass. Bankers Association and the Mass. Mortgage Bankers Association.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

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