New CFO For Medway Bank

Medway Co-operative Bank has hired Robert E. Leist as senior vice president and CFO.

In the newly created position Leist will develop the bank's financial strategies including funding, asset and liability management, investment management and budgeting and accounting systems.

A Medfield resident and Colby College graduate, Leist previously served as vice president and CFO at Grafton Suburban Credit Union and senior vice president and controller at Community National Bank.

Medway Co-operative has assets of $156 million. It has a single branch in Medway but plans to open two more in Bellingham and Mendon in the next year.