Press Release

MountainOne Bank Adds SBA Specialist to Commercial Lending Team

Tuesday, October 27, 2015

Danvers, MA – Liz TrifoneTim Rhuda, Senior Vice President of Commercial Lending for MountainOne Bank, has announced the addition of Elizabeth Trifone to the position of Vice President, Commercial Lending.

According to Rhuda, “Liz is a dynamic addition to our team. Her expertise in SBA (Small Business Administration) lending, especially with the 504 Loan Program, adds a key strength to our Commercial Lending group. Her knowledge of the local market, combined with her strong SBA expertise, will build on the momentum we’ve begun in growing MountainOne’s North Shore presence.”

As Vice President, Commercial Lending, Trifone has responsibility for growth of MountainOne’s North Shore commercial loan portfolio. Prior to joining MountainOne Bank, Trifone served for nearly 30 years as Director of SBA Lending in the New England market area for BDC Capital, the oldest business development corporation in the United States, and also served as a Loan Officer for the SBA. She holds a Bachelor of Science degree in Business Administration, cum laude, from Northeastern University. Trifone lives in Saugus.

About MountainOne Bank

Founded in 1848, MountainOne Bank has assets of over $800 million and provides a broad range of banking services supporting the needs of 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).