Georgetown Bancorp Inc : Georgetown Bank Expands Mortgage Origination Team
06/08/2012| 06:15pm US/Eastern
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Georgetown Bank (the "Bank"), a wholly owned subsidiary of Georgetown
Bancorp, Inc. (the "Company") (OTCBB: GTWN), is pleased to announce the
recent expansion of its Mortgage Origination team with the addition of
two Senior Loan Officers, Mr. David J. Rufo and Ms. Catherine M. Long.
In their new roles at the Bank, Mr. Rufo and Ms. Long will be able to
introduce Georgetown Bank's high standards of customer service and wide
range of loan products to an expanded geography of clients.
Mr. Rufo, a native of Woburn, MA and a graduate of UMass Amherst, has
been successful in many mortgage and banking roles in the Boston area,
most recently as a Senior Loan Officer at JPMorgan Chase. He will be
expanding our customer base by marketing in the Woburn/Winchester area
and beyond.
Ms. Long, a native of Natick, MA, comes to Georgetown Bank from the
residential mortgage team at JP Morgan Chase as well and will be
marketing primarily in the Metro-West area, expanding her already strong
customer following in the greater Boston area.
Mr. Robert E. Balletto, President and CEO of Georgetown Bank stated, "I
am extremely pleased to announce the addition of David Rufo and
Catherine Long to our team. With their extensive background in mortgage
banking and their deep commitment to serving their customers, they will
both be exceptional resources for the Bank and our customers."
About Georgetown Bancorp, Inc.
Georgetown Bancorp, Inc. is the holding company for Georgetown Savings
Bank. Georgetown Savings Bank, with branch offices in Georgetown, North
Andover and Rowley, Massachusetts, is committed to making a positive
difference in the communities we serve. We strive to deliver exceptional
personal service at all times and to help each of our customers achieve
their unique financial goals through a competitive array of commercial
and consumer banking services. To learn more about Georgetown Savings
Bank, visit www.georgetownbank.com
or call 978-352-8600.
Forward-looking statements
This news release may contain certain forward-looking statements, such
as statements of the Company's or the Bank's plans, objectives,
expectations, estimates and intentions. Forward-looking statements may
be identified by the use of words such as "expects," "subject,"
"believe," "will," "intends," "will be" or "would." These statements are
subject to change based on various important factors (some of which are
beyond the Company's or the Bank's control) and actual results may
differ materially. Accordingly, readers should not place undue reliance
on any forward-looking statements (which reflect management's analysis
of factors only as of the date of which they are given). These factors
include general economic conditions, trends in interest rates, the
ability of our borrowers to repay their loans, the ability of the
Company or the Bank to effectively manage its growth, and results of
regulatory examinations, among other factors. The foregoing list of
important factors is not exclusive. Readers should carefully review the
risk factors described in other documents the Company files from time to
time with the Securities and Exchange Commission, including Current
Reports on Form 8-K.
Georgetown Bank
Robert E. Balletto, 978-352-8600
President/CEO
rballetto@georgetownbank.com
© Business Wire 2012
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