Lowell, MA – Robert A. Caruso, Chairman of the Board of Directors of Lowell Five Bancorp, MHC, the parent Company of Lowell Five Bank (Lowell Five) is pleased to announce the recent election of Michael S. Reilly to the Executive Committee of the Board of Directors.
Mr. Reilly is President & Chairman of Fred C. Church, Inc. Headquartered in Lowell, Massachusetts, Fred C. Church is one of the largest insurance agencies in New England. With ten office locations in Massachusetts, New Hampshire, Connecticut and Colorado and more than 150 employees, Fred C. Church offers a broad range of insurance services. Fred C. Church has been named to Business Insurance magazine’s Best Places to Work in Insurance list for the past five years.
Mr. Reilly joined Lowell Five in 1996 when he was elected as a Corporator. In 2005, he was elected to the Board of Directors and has served on the Investment Committee and most recently the Audit Committee.
“Michael has long been a valuable member of our Board of Directors, and we look forward to working with him on key initiatives as an Executive Committee member,” said Mr. Caruso. “His leadership skills and commitment to the local community will prove invaluable as Lowell Five continues to grow and prosper.”
In addition to his Board positions at Lowell Five Bank, Mr. Reilly is a Director of The Lowell Plan, Trustee of both Boys & Girls Club of Greater Lowell and Ayer Home, and a member of the Board of Governors for Lowell General Hospital.
“I am honored to be elected as a new member of the Executive Committee for the Lowell Five Cent Savings Bank,” says Reilly. “I have been involved with the bank for over 20 years and have seen the great things that the bank has done for its customers and communities which they serve. I’m proud to be a part of such an outstanding organization.”
About Lowell Five Bank
Lowell Five is a trusted community bank that provides comprehensive loan, deposit, insurance, and investment products for individuals, businesses, municipalities, and non-profit organizations across 16 convenient locations throughout the Merrimack Valley and Southern New Hampshire. Lowell Five is a locally governed and managed full-service bank with over 165 years of proven strength and stability, and a 5-star rating by Bauer Financial Deposits are insured in full by both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, call 978.452.1300 or visit us online at lowellfive.com.