News: Financial Digest

Mansfield Bank hires Vales as vice president, commercial lender

Mary Vales, Mansfield Bank

Mansfield, MA After 29 combined years of commercial lending at Citizens, Bank of America and Fleet Bank, Mary Vales has joined the team at Mansfield Bank. Her career has included commercial real estate, workout, corporate banking, and mezzanine investment banking. During the past five years, Vales has focused on community development lending as senior vice president at Citizens Bank.

“Mary is a highly respected commercial lender,” said Ben Benford, first senior vice president of commercial lending. “It is her recent leadership in the community development area that provides extra value for a community-focused institution like Mansfield Bank.”

Mansfield Bank has been a cornerstone of Mansfield, Massachusetts and the surrounding communities since 1883. A cooperative bank owned by our depositors, the bank features a five-location branch network, and an experienced staff of one hundred dedicated professionals. Mansfield Bank is particularly known for the strength of our commercial and residential lending teams, the friendly expertise of our branch employees, for our access to investment advisory services and the significant commitments we make to charitable causes.

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
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.