News: Finance

Spencer of North Easton Savings Bank elected to MBA board of directors

Rich Spencer

Easton, MA Rich Spencer, president and CEO of North Easton Savings Bank, has been elected to the 20-member board of directors of the Massachusetts Bankers Association (MBA) at its 2023 annual meeting. 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.

“As a dynamic industry, it is essential that the association have perspectives of banking leaders like Rich Spencer who provide expertise and experience that enable us to achieve our priorities of providing exceptional resources, advocacy and thought leadership for our members, strengthening them as they serve their clients and communities,” according to MBA’s president and CEO Kathleen Murphy. 

“The market knowledge that Mr. Spencer 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.”

 “Banking is all about building partnerships and supporting the common goals of area residents as well as businesses. I am honored to be joining the MBA board of directors as the association’s 118-year history of success has been powered by mutually beneficial collaboration and resource sharing across banks of all sizes,” said Spencer. “I’m looking forward to being a part of this great Board and supporting the innovation currently occurring across Massachusetts’ banking industry and in our surrounding communities.”

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