News: Financial Digest

Florence Bank promotes O’Brien to assistant vice-president/branch manager

Williamsburg, MA Florence Bank has promoted April O’Brien to the position of assistant vice-president/branch manager. O’Brien is a 28-year employee of Florence Bank, having joined the team in 1998. Prior to her recent promotion, she was assistant branch manager at the branch located at 1 Main St. During her tenure at the bank, she has been the recipient of the President’s Club Award, which is based on superior levels of performance, customer service and overall contribution to the Bank.

She earned her associates degree from Greenfield Community College and has successfully completed studies in the industry with the Massachusetts Bankers Association, Branch Manager Certification School, and The New England Leadership Development School.

Outside of her work at Florence Bank, O’Brien serves as treasurer of the Williamsburg & Haydenville Business Association.

John Heaps, Jr., president and CEO of Florence Bank, said, “We are pleased to promote April to Branch Manager. She has done a great job and we know that our Williamsburg branch is in great hands under her leadership.”

Florence Bank is a mutually-owned savings bank chartered in 1873. Currently, the Bank serves the Pioneer Valley through 9 full-service branch locations in Florence, Northampton, Easthampton, Williamsburg, Amherst, Hadley, Belchertown and Granby as well as through 27 ATMs and a loan production office in West Springfield. Florence Bankoffers a wide range of financial services including investment management through FSB Financial Group (FSBFG) to consumers and businesses.

MORE FROM Financial Digest

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.