Western New England Bancorp, Inc Announces Resignation of Kevin M. Sweeney as Member of Board of Directors
September 24, 2019 at 05:11 pm EDT
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On September 19, 2019, Kevin M. Sweeney notified Western New England Bancorp, Inc. that he would resign from his positions as a member of the Board of Directors of the company and as a member of the company's Audit Committee and the Finance and Risk Management Committee, effective immediately. Mr. Sweeney did not resign as a result of any disagreement with the Company on any matter relating to the company's operations, policies or practices.
Western New England Bancorp, Inc. is a Massachusetts-chartered stock holding company. The Company is the parent company of Westfield Bank (the Bank), CSB Colts, Inc. (CSB Colts), Elm Street Securities Corporation (Elm), WFD Securities, Inc. (WFD) and WB Real Estate Holdings, LLC (WB). The Bank is a full-service, community oriented financial institution offering a full range of commercial and retail products and services as well as wealth management financial products. The Bank also provides a variety of banking services, including telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. CSB Colts, Elm, and WFD are engaged in holding qualified securities. WB is engaged in holding other real estate owned (OREO). The Bank operates about 25 banking offices in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Huntington, Ludlow, South Hadley, Southwick, Springfield, Ware, and others.