Press Release

Mortgage Originator Added to Team at MountainOne Bank’s New Danvers Office

Friday, January 30, 2015

Michael AdamsDanvers, MA – MountainOne Bank continues to expand its mortgage banking team in Danvers, with the recent addition of Michael Adams as Senior Mortgage Originator, according to an announcement by Peter Radigan, MountainOne Bank Senior Vice President for Consumer Lending & Mortgage Banking.

Stated Radigan, “With record low rates, our mortgage business is very active. We continue to build our mortgage lending team in an effort to keep up with local demand. Michael is a great addition to our group of North Shore lenders, and his knowledge and experience will serve customers in simplifying the complex home buying process.”

Adams is charged with expanding the mortgage loan base in MountainOne’s North Shore market. He will be located in the Bank’s Danvers office at 140 Commonwealth Avenue. Prior to joining MountainOne Bank, Adams worked as a Loan Officer in several North Shore banks. He brings nearly 20 years of mortgage lending experience to MountainOne Bank.

Adams holds a Bachelor of Science degree in Engineering from the University of Massachusetts at Lowell. He lives in Gloucester, MA, with his wife, Sue.

About MountainOne Bank

Founded in 1848, MountainOne Bank has assets of over $800 million and provides a broad range of banking services to personal and business customers. MountainOne Bank has three full service offices serving the Berkshires, three serving Boston South, and one serving Boston North. MountainOne Bank is a subsidiary of MountainOne Financial, a mutual holding company headquartered in North Adams, MA. The following companies operate as divisions of MountainOne Bank: Coakley, Pierpan, Dolan & Collins Insurance; True North Insurance; and True North Financial (financial professionals offering securities and advisory services through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Advisor).