News: Financial Digest

The Village Bank hires Johnson as compliance officer and assistant vice president

Kelly Johnson,
The Village Bank

Auburndale, MA According to Joseph De Vito, president and CEO of The Village Bank, Kelly Johnson has joined the bank as compliance officer and assistant vice president. In her new position, Johnson will be responsible for maintaining regulatory compliance on both federal and state levels. She steps into a role previously held by Elizabeth (Betty) MacLellan, senior vice president, compliance, who is retiring after nearly 30 years of service.

A graduate of the University of Louisiana at Monroe, Johnson has over two decades of experience in banking, auditing, and risk assessment, most recently as senior regulatory compliance internal auditor with Citizens Bank in Cranston, RI. She has also held internal auditor, fund accountant, trust relationship manager, and trust compliance officer positions with First Security Group Bank, SunTrust Endowment and Foundation Services, and SunTrust Banks, all in Chattanooga, TN, and with SunTrust Banks in Atlanta, GA. She has earned CPE credits in fiduciary and investment risk management from Cannon Financial Institute.

“Kelly’s strong skills and solid banking background are a perfect match for meeting the compliance demands of The Village Bank,” said De Vito. “We are extremely pleased to welcome her to our team.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary