Lenox National Bank, Adams Community Bank Complete Merger
 |
ADAMS, Mass. — The Lenox National Bank and Adams Community Bank completed their merger at the close of business on Friday, Oct. 16.
The former Lenox National Bank located at 7 Main St. in Lenox has reopened as a branch of Adams Community Bank.
“We plan to continue the Lenox tradition of strong community banking with local decision making. This merger is beneficial to everyone who lives or works in the Lenox community,” said Charles P. O’Brien, Adams Community Bank president and CEO.
Lenox National Bank CEO Paul Merlino will continue in an advisory role with Adams Community Bank in connection with the transition.
“Paul has been a mainstay of community banking in Lenox for more than 40 years. When people think of community banking they think of Paul and the staff of Lenox National Bank," O'Brien said.
O’Brien said nine former employees of Lenox National Bank have joined Adams Community Bank.
As a result of the merger, Adams Community Bank now has approximately $475 million in assets and eight full-service offices serving Berkshire County in Adams, Cheshire, Lanesboro, Lee, Lenox, North Adams and Williamstown.
Tags: banking,
