Press Release

Former Mayor Alcombright Rejoins MountainOne

Monday, January 8, 2018

Dick AlcombrightNorth Adams, MA – Former North Adams Mayor Richard Alcombright has rejoined MountainOne Bank, according to an announcement by Bob Fraser, MountainOne President and Chief Executive Officer.

Stated Fraser, “We are very pleased to announce Dick’s return to MountainOne in the newly created position of Vice President – Local Business and Customer Relations Manager. While his elected role as Mayor of North Adams has concluded, his new position will keep him very much in the public eye, representing MountainOne and advocating on behalf of customers and the community. Dick brings a wealth of local knowledge and strong community connections to us, and we are excited about the contribution and impact he will be able to make in our local communities.”

“I couldn’t be more pleased to rejoin my former colleagues at MountainOne,” said Alcombright. “I was on the original team that coined the MountainOne name back in 2002, when Hoosac Bank and Williamstown Savings Bank joined together. It’s meant to pay homage to the highest elevation in Massachusetts, Mount Greylock, while also symbolizing the combined strength of a local bank, insurance agency, and investment division that make up MountainOne. The evolution of rebranding Hoosac Bank and other company names to MountainOne has helped to simplify the message out in the community, and continues to move the bank forward. MountainOne’s ability to adapt and stay relevant means we are able to provide jobs to nearly 200 employees, continue to improve products and services for customers, and support many local community organizations. And, with the commitment to our headquarters right here in North Adams, that’s all good for the local economy.”

Preceding his eight years as Mayor of North Adams, Alcombright was employed at MountainOne for 36 years in roles of increasing responsibility. Originally beginning his banking career as a teller, he also served as Mortgage Officer, Assistant Treasurer, and, ultimately, as Senior Vice President of Retail Banking.

Alcombright holds an Associate’s Degree in Accounting from Southern Vermont College, and is a graduate of the National Association of Mutual Savings Banks School of Banking at Fairfield University. In addition to serving two terms as Mayor of North Adams, Alcombright served nine years as a City Councilor and in many other elected positions for the city. He has had volunteer leadership roles with an array of local organizations for many years, including Northern Berkshire United Way, YMCA, Berkshire Rides, Berkshire Community Action Council, Northern Berkshire Community Coalition, McCann Technical School Committee, Hospice of Northern Berkshire County, Tri-Parish Finance Council, and Holy Family Terrace. He has also received multiple community services awards. Alcombright resides in North Adams and has four children and two granchildren.

ABOUT MOUNTAINONE

MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank has assets of approximately $900 million, and provides a complete array of personal and business banking and electronic services. MountainOne Insurance provides personal and business insurance, bonding services and group benefits solutions. MountainOne Investments provides investment advisory services and products to individuals and businesses (financial professionals offering securities and advisory services through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Advisor). Products and services are offered at full service offices in the Berkshires (Pittsfield, North Adams, Williamstown), Boston South (Quincy, Rockland, Scituate), and Boston North (Danvers).