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MountainOne Bank adds to successful Commercial Lending Program

Pictured L to R: Steve Munger, Matt Lauro, Jamie Ciepiela, Bob Fraser, Heather Row, Jake Phillips, Dick Kelly
Pictured L to R: Steve Munger, Matt Lauro, Jamie Ciepiela, Bob Fraser, Heather Row, Jake Phillips, Dick Kelly

North Adams, MA – MountainOne Bank, a full service financial institution headquartered in North Adams with branches in Williamstown, Pittsfield, and Boston’s South Shore, continues to expand its Commercial Banking team in an ongoing effort to support the business community in the Berkshires.

Notably, MountainOne was recently recognized by Banker & Tradesman as the 8th fastest growing commercial lender in Massachusetts in early 2022 as compared to the same time in 2021. Contributing to this dynamic growth has been the expansion of MountainOne’s commercial group in the Berkshires under the guidance of Commercial Lending Team Leader and Senior Vice President Richard (Dick) Kelly who joined the team in 2021.

Matt Lauro most recently joined MountainOne’s lending team in Pittsfield mid 2022 as Senior Vice President. A resident of Pittsfield, he is focused on supporting businesses and entrepreneurs throughout western Massachusetts bringing with him over a decade of experience. Lauro holds a bachelor’s degree from Rensselaer Polytechnic Institute’s Lally School of Business, serves on the Pittsfield Affordable Housing Trust, and is a Board Member of Berkshire Education & Correction.

In addition to Kelly and Lauro, MountainOne’s Commercial Lending team in the Berkshires also consists of Steve Munger, Vice President of Commercial Lending, and Assistant Vice President Jake Phillips who is responsible for growing small business lending outreach. Heather Row also joined the department in 2022 as a Portfolio Manager, bringing over 25 years of financial management, credit analysis, and middle-market Commercial & Industrial lending knowledge. The team is further supported by Jamie Ciepiela who has over 15 years of banking administration experience.

MountainOne CEO Bob Fraser states, “We are committed to investing in our commercial lending program in the Berkshires and surrounding communities so we can fully support the business community. We have developed one of the best equipped, most experienced teams to serve our Western Massachusetts market.”

MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Bank is Member FDIC and Member DIF. MountainOne Insurance provides personal and business insurance, bonding services, and group benefits solutions. The financial advisors of MountainOne Investments offer securities and advisory services to individuals and businesses through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency or MountainOne Investments. MountainOne Bank is not a registered broker-dealer or Registered Investment Adviser. MountainOne Bank and MountainOne Insurance are not affiliated with Commonwealth. Products and services are offered at full service offices in the Berkshires (Pittsfield, North Adams, and Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate). MountainOne Investments’ main office is located at 85 Main Street, Suite 100, North Adams, MA 01247. (413) 664-4025

Insurance and Investments are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Funds are subject to investment risks, including possible loss of principal investment.

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