MountainOne Bank Promotes Matthew P. Lauro to Senior Vice President, Western Massachusetts Commercial Team Leader

October 11, 2024  | 

LONGMEADOW, NORTH ADAMS, PITTSFIELD, QUINCY, ROCKLAND, SCITUATE, WILLIAMSTOWN, MA – MountainOne is pleased to announce the promotion of Matthew P. Lauro to Senior Vice President, Western Massachusetts Commercial Team Leader.

In this elevated role, Lauro has assumed responsibility for the oversight, management, and growth of MountainOne’s commercial banking activities in Western Massachusetts. In addition to having the Western Massachusetts commercial lenders reporting to him, Lauro is responsible for working closely with the bank’s credit administration and commercial portfolio management staff to ensure the integrity and quality of the loan portfolio.

Lauro joined MountainOne Bank in May 2022 as Senior Vice President of Commercial Lending. Previously, he served as Vice President of Emerging Markets at State Street Bank and Trust in Boston, bringing a wealth of experience to his current role.

A proud graduate of Rensselaer Polytechnic Institute, Lauro resides in Pittsfield, Massachusetts, with his wife Susanna, daughter Anne-Elyse, and their dogs Tony and Nipsey. Lauro is deeply involved in his community, serving as a Director of the Pittsfield Affordable Housing Trust and Berkshire Education and Correction. Additionally, Lauro is a National Council Member of Avon Old Farms School and an active supporter of Grit & Gratitude Wrestling Academy in Longmeadow, MA.

“Over the past two years, Matt has been instrumental in developing new commercial loan and deposit relationships in the Berkshires and Pioneer Valley for MountainOne,” said Robert Fraser, President and CEO. “Furthermore, his impressive skills and ability to build strong partnerships with our credit and loan administration teams, senior management, and key stakeholders have been invaluable. Matt’s commitment to our customers and the growth of our portfolio makes him the definitive leader for our Western Massachusetts commercial team.”

ABOUT MOUNTAINONE

MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Bank is Member FDIC and Member DIF. MountainOne Insurance provides personal and business insurance, bonding services, and group benefits solutions. The financial advisors of MountainOne Investments offer securities and advisory services to individuals and businesses through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency or MountainOne Investments. MountainOne Bank is not a registered broker-dealer or Registered Investment Adviser. MountainOne Bank and MountainOne Insurance are not affiliated with Commonwealth. Products and services are offered at full service offices in the Berkshires (Pittsfield, North Adams, Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate). MountainOne Investments’ main office is located at 85 Main Street, Suite 100, North Adams, MA 01247. (413) 664-4025

Insurance and Investments are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Funds are subject to investment risks, including possible loss of principal investment.

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