Press Release

MountainOne Bank Appoints Senior Operations Officer

Friday, June 17, 2016

Stacy LitkeNorth Adams, MA – Stacy Litke has been appointed Senior Vice President, Senior Operations Officer, of MountainOne Bank, according to an announcement by Robert Fraser, President and Chief Executive Officer.

Stated Fraser, “Stacy comes to us with a wealth of banking and operations experience. For the past several years, she has served as a Consultant for MountainOne regarding core technology systems and has intimate knowledge of our programs, products, and processes. This transition to a member of our senior management team has been seamless.”

As Senior Operations Officer, Litke will manage Operations staff, have responsibility for  Operations process improvement, and oversee system and technology conversions and upgrades. 

With over 30 years of experience in the banking industry, Litke has served in roles of increasing responsibility in the areas of Lending, Deposits, Electronic Services, and Operations. She served most recently as Managing Director of Northeastern Banking Services Group, which brought her to MountainOne Bank in a consulting capacity.  She has consulted with a multitude of banks in overseeing successful multi-system conversions.

Litke completed the Mass Bankers School of Banking, and has also served as an instructor for the Center for Financial Training. She recently relocated to Dalton, MA, with her husband, Rick.

ABOUT MOUNTAINONE BANK

Founded in 1848, MountainOne Bank has assets of over $850 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).