Adams Bank Names Senior VP of Compliance and Risk Management

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John Scarpa Jr.
ADAMS, Mass. — Adams Community Bank has named John Scarpa Jr. as senior vice president of compliance and risk management. 
 
In this role, Scarpa will lead the bank's compliance, risk management, and regulatory strategy, ensuring the institution continues to meet and exceed regulatory standards while supporting sustainable growth.
 
Scarpa brings over a decade of experience in the financial services industry, including a tenure as a national bank examiner with the U.S. Office of the Comptroller of the Currency.
 
During his time with the OCC, Scarpa led complex regulatory examinations and risk assessments across institutions of varying sizes, gaining deep insight into regulatory expectations, risk frameworks, and governance practices.
 
"John's expertise and leadership in compliance and risk oversight make him an exceptional addition to our executive team," said Julie Fallon Hughes, bank president and CEO. "As the regulatory landscape continues to evolve, having someone with his depth of experience is critical to ensuring we uphold the highest standards of integrity and risk management on behalf of our customers and community."
 
Scarpa holds a bachelor's degree in economics from the University of Massachusetts at Amherst. He is a certified financial risk manager and a member of the Global Association of Risk Professionals. As a native of Lee, he said he is excited to raise his family back home and engage in the local community.

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Letter: Progress Means Moving on Paper Mill Cleanup

Letter to the Editor

To the Editor:

Our town is facing a clear choice: move a long-abandoned industrial site toward cleanup and productive use or allow it to remain a deteriorating symbol of inaction.

The Community Development team has applied for a $4 million EPA grant to remediate the former Curtis Mill property, a site that has sat idle for more than two decades. The purpose of this funding is straightforward: address environmental concerns and prepare the property for safe commercial redevelopment that can contribute to our tax base and economic vitality.

Yet opposition has emerged based on arguments that miss the point of what this project is designed to do. We are hearing that basement vats should be preserved, that demolition might create dust, and that the plan is somehow "unimaginative" because it prioritizes cleanup and feasibility over wishful reuse of a contaminated, aging structure.

These objections ignore both the environmental realities of the site and the strict federal requirements tied to this grant funding. Given the condition of most of the site's existing buildings, our engineering firm determined it was not cost-effective to renovate. Without cleanup, no private interest will risk investment in this site now or in the future.

This is not a blank check renovation project. It is an environmental remediation effort governed by safety standards, engineering assessments, and financial constraints. Adding speculative preservation ideas or delaying action risks derailing the very funding that makes cleanup possible in the first place. Without this grant, the likely outcome is not a charming restoration, it is continued vacancy, ongoing deterioration, and zero economic benefit.

For more than 20 years, the property has remained unused. Now, when real funding is within reach to finally address the problem, we should be rallying behind a practical path forward not creating obstacles based on narrow or unrealistic preferences.

I encourage residents to review the proposal materials and understand what is truly at stake. The Adams Board of Selectmen and Community Development staff have done the hard work to put our town in position for this opportunity. That effort deserves support.

Progress sometimes requires letting go of what a building used to be so that the community can gain what it needs to become.

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