Everett Bank, a 120-year old co-operative bank based in Everett, Massachusetts, announced today that it has appointed John Citrano, formerly a 20-year senior leader at Belmont Savings Bank, to its executive office. Citrano will serve Everett Bank in three key roles: Chief Operating Officer, Chief Financial Officer and Executive Vice President.

John began his career at Belmont Savings Bank as the internal auditor and rose to the position of EVP, Chief Financial Officer. He was an integral member of the bank’s executive leadership team that raised $90 million in capital from an initial public offering and grew assets from $500 million to $3 billion—prior to its 2019 acquisition by People’s United Bank.

“Bringing John into our Everett Bank family is a tremendous coup that we could not be more excited about,” said Richard J. O’Neil, Jr., President and Chief Executive Officer of Everett Bank. “John’s leadership role at a community bank of scale, and his proven expertise in finance and operations will greatly benefit our bank and customers. He also brings to our bank a shared recognition of the power of community, and how banking plays an integral role in supporting the success of our fellow community members and neighbors.”

“I’ve had an amazing career in banking, and am incredibly proud of my tenure at Belmont Savings Bank,” said Citrano. “So, when I was looking for my next role, I knew it had to be with an institution where there was significant opportunity for business growth. I feel very fortunate to have embarked on this journey with Everett Bank because I’m wholly aligned with the values of the bank’s leadership team. I am honored to support Richard’s vision for the bank—and to contribute to our already strong balance sheet and reputation in the community.”

About Everett Bank

Founded in 1890 by a group of local business owners and civic leaders in the City of Everett, Everett Bank is a co-operative bank proud to have more than a century of experience serving the individual and business banking needs of residents of Everett and its surrounding communities. Focused on fostering long-lasting relationships built on trust, commitment, and community, Everett Bank is determined to do “Right by you.” To learn more about Everett Bank, visit www.everettbank.com.