News: Financial Digest

Malloy named training director at The Village Bank

According to Kenneth Brennan, president and CEO of The Village Bank, Kathleen Malloy, assistant treasurer and former branch manager, has been named as the bank's new training director. In her new position, Malloy will be responsible for developing and implementing strategic skills training programs designed to enhance overall Bank performance. Malloy joined The Village Bank in 2007 as manager of its Newton Highlands branch. Her background includes 14 years of experience with MBNA America Bank in Delaware, where she served as a senior personal banking officer.
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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.
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