Clinton Savings Bank names new board member
Photo I Courtesy of Clinton Savings Bank
Stephen O’Neil, member of the Clinton Savings Bank board of directors
Clinton Savings Bank has elected Stephen O’Neil to the institution’s board of directors, a position he assumed on April 24.
In his new director capacity, O’Neil will work to assure the bank acts in accordance with its by-laws, internal policies, and applicable federal and state banking regulations, according to a Wednesday press release from Clinton Savings. O’Neil’s appointment makes him the board’s 12th member, according to the bank’s website.
O’Neil is an attorney at the Clinton-based law firm Philbin & O'Neil, centering his practice on estate planning and estate administration.
“Stephen’s appointment underscores our commitment to strong, values-driven leadership,” Mary Dean, Clinton Savings president and CEO, said in the release. “His outstanding professional background and deep dedication to community engagement align perfectly with our mission. We’re confident that his experience will be instrumental in advancing our strategic goals and driving continued growth for the Bank.”
Prior to his role at Philbin & O'Neil, O’Neil worked on budgeting and procurement for the Commonwealth of Massachusetts for more than 10 years. He graduated with his bachelor’s degree in accounting and American studies from Saint Michael’s College in Vermont earned his law degree from New England Law in Boston.
Having generated $602.6 million in local deposits, Clinton Savings Bank is the 17th largest bank in Central Massachusetts when ranked by local deposits as of June 30, 2023.
In April, Dean officially assumed her role as leader of Clinton Savings, making her the institution’s first woman CEO in its 174-year history.
Mica Kanner-Mascolo is a staff writer at Worcester Business Journal, who primarily covers the healthcare and diversity, equity, and inclusion industries.
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