bankESB promotes Westfield’s Lamothe to AVP
EASTHAMPTON, MASSACHUSETTS, June 10, 2022 — bankESB recently promoted Erik J. Lamothe to assistant vice president, asset liability management.
Lamothe, of Westfield, joined bankESB in 2016 as ALM manager and was promoted to ALM officer in 2017. He has nearly 25 years of experience in banking, and is responsible for budgeting, forecasting, managing interest rate risk, and CECL for the Hometown Financial Group family of banks, which includes bankESB, bankHometown, and Abington Bank. Lamothe earned his bachelor’s degree in accounting from Westfield State University and his master’s degree in banking and financial studies from Boston University. He serves as a board member and Finance Committee member of the Lathrop Home in Northampton and is also a course instructor with the Center for Financial Training.
Founded in 1869 as Easthampton Savings Bank, bankESB is headquartered in Easthampton, Massachusetts and operates 11 branches throughout Western Massachusetts. Through its sponsorship and charitable giving program, The Giving Tree, bankESB and the Easthampton Savings Bank Charitable Foundation support non-profit organizations and causes throughout Hampden and Hampshire counties. In 2021, The Giving Tree donated nearly $352,000 and over the past decade has donated more than $3.1 million. For more information, visit bankESB.com.
bankESB is a member of the Hometown Financial Group, a $3.4 billion mutual multi-bank holding company headquartered in Easthampton, Massachusetts and the parent company of bankESB, bankHometown, and Abington Bank. For more information, visit bankHFG.com.