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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Adams OKs Parking Fix for Stalled Jordan St. Culvert Repairs

By Jack GuerinoiBerkshires Staff
ADAMS, Mass. — Jordan Street residents displaced by a years-old culvert collapse have a place to park this winter, but town officials remain in the dark regarding when the culvert will actually be fixed.
 
The Select Board on Wednesday approved a traffic commission recommendation to allow permitted on-street parking for specific residents during the winter parking ban.
 
Interim Town Administrator Holli Jayko explained that the collapse, which occurred behind a Jordan Street apartment building several years ago, effectively eliminated off-street parking for several households.
 
"This collapse eliminated parking for some residents which creates challenges during the winter parking-ban period," Jayko said.
 
While most residents on the narrow, one-way street have access to private parking, a select few were left with no legal options during the winter months. Those affected can now apply for a town permit, provided they can prove their parking loss is a direct result of the collapse.
 
Selectman Joseph Nowak noted the culvert has been "down for years" and questioned if there were any immediate plans for repair.
 
Community Development Director Donna Cesan said the town has been working with the Massachusetts and Federal Emergency Management agencies through the Hazard Mitigation Program, but the project is currently stalled at the federal level. Cesan noted that MEMA will not enter into a formal agreement until funding is fully secured.
 
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