Press release submitted by North Middlesex Savings Bank
The Board of Trustees for North Middlesex Savings Bank unanimously appointed Pepperell-resident Walter J. Dwyer IV on Nov. 26 as its new President and Chief Executive Officer, following the recent retirement of William Marshall. Prior to joining NMSB, Dwyer was the Senior Vice President of Lending for Spencer Savings Bank and held a similar position at Bay State Savings.
When asked what made Dwyer the best choice, Marshall noted how his 20-year history in banking will be of great benefit to local residents and businesses.
“From his vast experience, Wally understands the issues faced by community members and business owners and knows what to do to help, making him the best person for the position,” stated Marshall, who mentored and recommended his successor. “Wally is an outstanding addition to our community bank. His experience will be a tremendous plus for our customers.”
As a long-time resident of the Nashoba Valley region, Dwyer said, “I’m proud to be a community banker in my own community, and I look forward to leading such a great bank.”
Since vacating his post as President, Marshall remains involved at NMSB, serving on the Board of Trustees, the Audit Committee and as the company’s Clerk.
