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Press Release

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Reading Co-operative Bank expands its team due to responsible growth

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READING, MA- Reading Co-operative Bank is very pleased to announce that it has experienced continued growth in 2010, and expects further growth and improvements in the upcoming year with the appointment and promotions of several experienced bankers in order to meet the needs of its customers. Reading Co-operative Bank has promoted eight current employees, and has expanded by adding 14 experienced bankers to its team.

Elizabeth A. Thompson has joined The Bank in the newly created position of Deposit Operations Manager. Ms. Thompson is a graduate of the New England School of Banking at Williams College and brings over 25 years of finance and management experience to the role. In her position she will oversee and manage the Operations Department as it services customer accounts to provide a great customer service experience.

The addition of a Deposit Operations Manager allows Keith Carl, formerly head of both Deposit Operations and Information Technology, to focus all of his attention towards developing technological advancements and providing the best available security to better serve our customers as Vice President of IT and Security. Mr. Carl is a graduate of Ithaca College with a degree in Communications and has been with the bank since 1996.

Judy Hildreth has been promoted to the position of Assistant Treasurer, Controller. Mrs. Hildreth is a graduate of The New England School of Financial Studies and has been with Reading Co-operative Bank for the past decade. She will supervise the day-to-day accounting and bank operations activities within the finance department.

Sandy Convery, Branch Manager of the Reading office has been promoted to Assistant Vice President. In this role, Mrs. Convery is responsible for the overall management of the office, including all banking activities and management of branch employees. She has over 20 years of banking experience and has been with The Bank for the past six years.

Joseph Todisco, Jr. has been hired as the new Branch Manager of the North Reading and Woburn Offices. Mr. Todisco is a graduate of Notre Dame College with a degree in Criminal Justice and Business Finance and has been in banking for over 11 years. He holds both health and life insurance licenses as well as the series 6 & 63 investment licenses. The Bank looks forward to putting his experience in business relationship management to good use with its strong client base of local businesses.

Richard Selig has been promoted to the position of Assistant Branch Manager of the Woburn Office. In this role Mr. Selig is responsible for the overall management of the office in the absence of the Branch Manager and has been involved with the responsibilities of the Woburn location since it commenced in 2008. He has been in Banking for 11 years, seven of which he has been with Reading Co-operative Bank; holds a degree in Communications from Southern New Hampshire University, and is currently working towards an M.B.A.

Lianne Thibeault has been added to the lending team as a Credit Analyst. In this position Mrs. Thibeault assists the bank’s Chief Loan Officer and Commercial Lenders with comprehensive analysis of the Commercial Loan Portfolio and is accountable for the protection of the asset quality of the Bank. She holds degrees in Business Management & Economics from Plymouth State University and has graduated from The New England School of Financial Studies. Additionally, she brings 8 years of experience in construction lending and a construction supervisor’s license to the Bank. She is a resident of Wilmington.

Debbie DeBerardinis has been hired and quickly promoted within the loan department as the Assistant Vice President, Loan Operations Supervisor. In her new role she will supervise loan processing and the loan servicing staff and helps monitor and direct the loan processing workflow. Mrs. DeBerardinis brings 12 years of experience in servicing residential and commercial loans and investor reporting to the position.

Erin McCarran has also been added to the rapidly expanding loan department as a Loan Production Specialist. She has 6 years of banking experience and will graduate from The New England School of Financial Studies in June. She has a key role in our approval process for residential and commercial loans preparing reports for the security committee for loans to be approved, preparing commitment letters and assisting in providing quality loans by underwriting and evaluating residential mortgage applications

Linda Angelone has been added as a Residential Loan Processor/Closer and brings over 30 years of experience in the field to Reading Co-operative Bank. In her new role, Linda is responsible for preparing all residential mortgages and consumer loans by processing applications from origination to closing in accordance with both State and Federal regulations.

John Ivas is a new addition to the North Reading Office as a Customer Service Specialist. He has 10 years of experience in the banking industry. In this new role, Mr. Ivas is responsible for opening new accounts and assisting the Branch Manager in completing daily tasks in the office. He also aids customers with any question or concerns they may have with their accounts.

Kristen Carey has been promoted to the position of Head Teller and has moved from her position in the Lowell Street location to the Reading Office. As the Head Teller, Ms. Carey will be responsible for the day-to-day supervision of two or more Tellers in the retail banking environment and has been with The Bank for eight years.

Tina Leal been hired to the position of Head Teller at the North Reading Office where she will be responsible for the day-to-day supervision of two or more Tellers in the retail banking environment and brings 7 years of experience to the role.

Samantha Smith has been promoted to the position of Head Teller of the Woburn Office. In this role, Ms. Smith is responsible for the day-to-day supervision of two or more Tellers in the retail banking environment. Ms. Smith has been with the bank for four years and has dedicated most of her time to the Woburn market since its inception in 2008.

Theresa Vardinski has been promoted to the position of Senior Teller at the Lowell Street Office in Wilmington. In addition to teller duties, she will be assisting the Head Teller with all teller line activities including supervising and training tellers as directed. Theresa brings 23 years of banking experience to the position.

Sharlene Santo has been promoted from a Part Time Teller in Reading to a Full Time Teller. Mrs. Santo will work with a team of tellers to bring accurate customer service to that community.

Alexis Fianquitto, James Silva, Jordan Coleman, Christopher Johnson, Colby McCauley, Samantha Reed have been added to the team to aid customers as part time Tellers. Mr. Silva is currently enrolled in the Bank’s Retail Banking course at RMHS whereby students work daily in the Reading Co-operative Bank branch located in the high school performing all branch bank functions while learning about banking systems and the economy.

Additionally, The Bank congratulates Joe Sciantico, Branch Manager of both Wilmington offices & Celeste Nimblet, Head of Human Resources, on the great accomplishment of graduating from The New England School of Financial Studies this year.

“Now in our 125th year, and with a consistently growing customer base, the bank has seen the need to hire and internally promote qualified employees,” said Julieann Thurlow, Bank president and CEO. “We are fortunate to have had talented candidates recognize Reading Co-operative Bank, not only as a solid institution, but also as a rewarding place to work.”

Reading Co-operative Bank is a dynamic, 21st-century community bank, founded in 1886 on the principle that profit and growth go hand-in-hand with responsible banking and service to the community. They are a 5-star bank that is rated in the top 7% of banks in the country for overall financial condition by Bauer Financial. Customer Service Specialists can be reached at 781.942.5000, readingcoop.com or by visiting one of the locations in Reading, North Reading, Wilmington, Woburn and now in Andover and Burlington.



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