HUDSON – Avidia Bank CEO Mark O’Connell has been elected to the 20-member Board of Directors of the Massachusetts Bankers Association (MBA).
Convening for their annual meeting in June, MBA members elected O’Connell as their Vice Chairman.
“As a dynamic industry, it is essential that the Association have perspectives of banking leaders like Mark who provide expertise and experience that enables us to achieve our priorities of exceptional advocacy representation on Beacon Hill and in Washington, DC; high quality and timely training and education for professionals in the banking industry and communications and services that help strengthen our members,” MBA’s President and CEO Kathleen Murphy said in a recent press release.
“The market knowledge that Mark brings enables the Association to anticipate and respond to emerging banking needs and trends that help our members as they serve a very large consumer and business footprint across the Commonwealth,” she continued.
Founded in 1905, the MBA is the only Association representing FDIC-insured community, regional and nationwide banks serving consumer and business clients across the Commonwealth.
“I am pleased to be elected as Vice Chairman to the Board of Directors for our industry’s Association, which has stood the test of time since its founding 116 years ago,” O’Connell said. “Being a community bank that has been serving our area for over 150 years, we find it’s important to help strengthen the industry as a whole.”
Avidia Bank is a $1.9 billion mutual community bank that provides commercial banking and consumer banking products and services.
Avidia Bank is headquartered in Hudson, Massachusetts, with additional locations in Westborough, Framingham, Leominster, Shrewsbury, Clinton, Northborough and Marlborough. To learn more, visit www.avidiabank.com.
The Massachusetts Bankers Association represents 120 commercial, savings, cooperative, and federal savings banks and savings and loan associations that hold nearly $500 billion in deposits in over 2,000 banking locations in Massachusetts. Member banks employ 72,000 professionals across the Commonwealth and in New England and contribute more than $105 million annually to social agencies and charitable organizations across the Commonwealth. For more information, visit www.massbankers.org.