Needham Bank Becomes Small Business Administration Preferred Lender 5/25/2022

Needham Bank has officially been named a U.S. Small Business Administration (SBA) Preferred Lender—the highest lending status available within the agency.

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Al Barzykowski joins Needham Bank as Vice President Structured Finance, Relationship Manager 5/10/2022

Mr. Barzykowski will assist with the growth of the Commercial & Industrial Structured Finance portfolio. This will include handling commercial loans greater than $10 million in commitment size and advising borrowers on appropriate products and services.

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Anthony LaRosa, CPA, joins Needham Bank as Senior Vice President, Director of Accounting 4/6/2022

Needham Bank announced that Anthony LaRosa joined the accounting department as Senior Vice President, Director of Accounting. Mr. LaRosa will report directly to Executive Vice President, Chief Financial Officer & Treasurer Danielle Walsh and perform complex accounting duties, review and prepare financial documents and improve accounting and investment functions.

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Thomas Bickford joins Needham Bank as Vice President Cash Management Sales Team Leader 3/24/2022

Mr. Bickford is responsible for overseeing the cash management relationship managers, ensuring improvement in revenue growth and portfolio development of cash management products.

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Lori Schofield joins Needham Bank as Vice President Residential Loan Officer 3/4/2022

Needham Bank announced that Lori Schofield joined the Residential Lending team as vice president residential loan officer. Ms. Schofield will be responsible for originating first mortgage loans, promoting Needham Bank’s lending services to the real estate community, and helping to identify and serve the community’s financial needs through home loan counseling and real estate seminars.

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Patrick Daaboul joins Needham Bank as Vice President, SBA Program Manager 1/25/2022

Needham Bank announced that Patrick Daaboul joined the Small Business team as vice president, SBA program manager. Reporting to Michael Semizoglou, senior vice president- director small business, Mr. Daaboul will be responsible for the management of the Small Business Administration (SBA) loan program and will oversee employees who support the small business lending staff.

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Needham Bank Closes $25mm Loan to Wind Energy Project 12/21/2021

Needham Bank, which for more than a century has served as New England’s “Builder’s Bank,” is pleased to announce it has closed a $25mm loan to an affiliate of SWEB Development USA (SWEB), Natick, MA for the development of a wind energy project in Maine.

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MassHousing Story: Homeownership Success 12/15/2021

Wilfred Edwards, VP CRA Residential Lending, helped Lisa Jones achieve her homeownership goal by guiding her through the MassHousing First-Time Homebuyer Program with Down Payment Assistance.

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Needham Bank Introduces a Structured Finance Team Focused on Serving Emerging, High-Growth and Renewable Energy Companies in New England 10/19/2021

Needham Bank, which for more than a century has served as New England’s “Builder’s Bank,” has established a new Structured Finance team focused on providing senior capital to emerging and high-growth companies.

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