Michael J. Sinclair named as SVP – Residential and Consumer Lending

NEEDHAM, MA - Needham Bank today announced that Michael J. Sinclair is joining the bank as Senior Vice President & Director of Residential and Consumer Lending, reporting to Joe Campanelli, President and Chief Executive Officer.

In his position Mr. Sinclair will manage the bank’s robust residential mortgage division. He will be responsible for day-to-day supervision of associated sales and support staff, new product development, adherence to consumer lending regulations, as well as all secondary market activities.

“Residential and consumer lending is central to our mission as a community bank,” commented Joe Campanelli. “With his deep experience in community banking over the course of his career and his commitment to the highest levels of customer service, Michael Sinclair will help us continue to be the lender of choice in the communities we serve.”

Mr. Sinclair holds an MBA, with a concentration in banking and finance, from Fairfield University; a Graduate Degree from the National School of Banking, also from Fairfield; and an Associate Degree from the New England College of Finance in Boston.

He began his banking career at Quincy Savings Bank in 1981 and later served as Vice President – Secondary Markets, at Abington Savings Bank. In 1995 he accepted a position as Vice President – Retail Lending at the Hingham Institution for Savings.

“From my perspective, it is a great honor to be asked to lead one of the most respected and successful residential lending institutions in the industry,” said Sinclair. “I have spent my career in community banking and have long admired what Needham Bank has accomplished. I'm very excited to be joining a bank with such a wide variety of products.”

Mr. Sinclair and his family live in Plymouth.