Hometown Bank appoints executive vice president
OXFORD — Michael P. Mahlert has been promoted to the position of executive vice president, according to Hometown Bank President and CEO Michael D. Hewitt.
“Michael has been with Hometown Bank for over 10 years, and has been a major contributor to its growth and success,” said Hewitt. “He continues to be a top individual loan producer, in addition to having overall management responsibility for commercial and residential lending, including sales, service, credit, administration, collections and workout. He is also playing a major role in the merger of Hometown Bank’s mutual holding company with bankESB and future integration.”
Mahlert holds a bachelor’s degree in finance and economics from UMass Lowell and a master’s degree in business administration from Nichols College. He is presently enrolled in the Stonier School of Banking at the Wharton School of the University of Pennsylvania with an expected completion date of June 2016. He resides in Thompson, Conn., with his wife, Sharon and four children.
Hometown Bank is a $400 million mutual bank with offices in Athol, Auburn, Leominster, Oxford, South Lancaster, Sturbridge and Webster.