News: Financial Digest

Fitzgerald joins Melrose Bank as vice president, commercial lending

Edward Fitzgerald, 
Melrose Bank

Melrose, MA According to Melrose Bank, Edward Fitzgerald has joined the bank as vice president, commercial lending. Fitzgerald will help to further diversify the real estate portfolio, facilitate construction financing, and embark on a focused commercial and industrial business lending effort for the Bank.

“Edward’s involvement will strengthen our commercial lending sector and his knowledge will greatly enhance the lending solutions we can offer our customers,” said Jeff Jones, Melrose Bank president and CEO. 

“He is a valuable addition to our growing team and his experience will be invaluable to the goals of local entrepreneurs and businesses.”

With over 30 years of business and financial experience, Fitzgerald brings a reputation for effective client relationship management and business development. He began his banking career at Eastern Bank in New Business Development and Business Banking. Fitzgerald joins Melrose Bank after also working at The Savings Bank in Wakefield and Cambridge Trust Company as a Commercial Vice President in the Commercial Group for over 10 years.

Prior to his banking experience, Fitzgerald held a diverse range of positions in the consumer electronics and telecom markets. He earned his Bachelor of Business Administration in Marketing from the University of Massachusetts in Amherst and his Master of Business Administration from Northeastern University in Boston, where he received the Dean’s special commendation for academic excellence.

After spending 25 years in Topsfield and Reading, Fitzgerald now has homes in Medford and Cotuit, residing with his wife, Gabriella, and adopted French Bulldog, Stella. He also has two grown sons in the consulting and investments business. Fitzgerald has been an active participant in the Smaller Business Association of New England and has held Board positions for Rotary, Reading Chamber of Commerce, Understanding Disabilities, Inc., and The Boy Scouts of America.

Melrose Bank is a community bank dedicated to providing financial resources and support for the community. Products and services include residential mortgages, consumer loans, commercial real estate loans, retirement plans and full-service banking. All deposits are insured in full by the Federal Deposit Insurance Corporation and the Share Insurance Fund, up to legal limits.

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