Needham Bank names Richard L. Buttermore, Jr. as Senior Vice President

PRLog (Press Release) - Nov. 7, 2012 - Needham Bank, with five branches throughout the greater Boston area, announces that Richard L. Buttermore, Jr. of Carver, MA has been named Senior Vice President of Research and Development, operating from the Bank’s Needham location.

In this role, his responsibilities include evaluating new products and processing enhancements to increase fee income, manage spread revenue and improve product profitability.

Prior to Needham Bank, he was a Senior Vice President at Sovereign Bank.

Mr. Buttermore graduated from North Adams State College with a degree in Business Administration.

Originally from Lakeville, MA, Mr. Buttermore makes his home in Carver with his wife Nancy.  In their spare time, the couple is actively involved in their parish, Our Lady of Lourdes.

“It is with great pleasure that we announce Richard as Senior Vice President of Research and Development,” said Mark R. Whalen, President and COO at Needham Bank.  “We are certain that he will be a valuable addition to our fine team of professionals and to the continued success of the Bank.”



About Needham Bank

Since 1892 Needham Bank has served Boston and its neighboring communities as a leader in personal banking and real estate lending with an evolving range of innovative electronic banking and wealth management services. Known for its commitment to individualized service and a strong commitment to the communities it serves, Needham Bank has five full service offices in Dedham, Medfield, Needham, Wellesley, and Westwood. For more information please visit NeedhamBank.com or call 1-781-444-2100. Needham Bank is a member of FDIC and SIF.

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