ADAMS, Mass. — The Adams Community Bank Board of Directors announced that Charlie O'Brien, President and CEO of the Bank, plans to retire in January 2025. 

 

A Pace University graduate, O'Brien has been president and CEO of Adams Community Bank since 2002 and has worked in the financial services industry for 43 years. During his career, O'Brien was a senior leader in six bank merger and acquisition transactions across Massachusetts.

 

Under his direction, Adams Community Bank assets have grown from $127 million to $994 million, branches increased from three to ten, and employees grew from 40 to 130.

 

O'Brien has been active on numerous volunteer boards, including the Northern Berkshire United Way and the Adams Lions Club, both of which he's served as a past president or Board Chair. Within the banking industry, O'Brien has been elected by his peers to various boards/committees of banking trade groups, including the American Bankers Association, the Massachusetts Bankers Association, and the Depositors Insurance Fund. He is a past Board chair of both the Massachusetts Bankers Association and the Depositors Insurance Fund.   

 

O'Brien expressed his gratitude for the opportunity to serve the bank, its customers, the staff, and the Berkshire community. 

 

"It has been an honor to lead Adams Community Bank through a period of growth and stability and to work with such dedicated and talented individuals. I am proud of what our team has accomplished and remain confident in the bank's future success," he said. "Our team aspires to double in size and grow to $2 billion in assets over the coming decade."

 

To prepare for O'Brien's planned retirement in 2025, the Board of Directors has engaged an executive search firm to oversee the search and selection of the next President and CEO, ensuring the bank's continued success and commitment to the community. The board and senior management are dedicated to a seamless transition and upholding the high standards O'Brien has set. Most importantly, the bank desires to remain a mutual bank that is designed to serve the people and businesses of the Berkshires.

 

"Throughout Charlie's tenure, Adams Community Bank has achieved notable milestones with our growth and bank culture," Board Chair Jeff Grandchamp said. "His unwavering commitment to the community and tireless dedication to the bank's mission have helped it flourish and earned him the respect and admiration of colleagues, staff, and customers alike."