| Napa supplier of bank investment software on a growth path
NAPA � An 18-year-old broker-dealer is reaping the benefits of growth in investment services offered by banks and credit unions.
Napa-based Essex National Securities Inc. supports the sale and management of stocks, bonds, annuities and other investments by more than 40 financial institutions around the country, focusing on those in the range of $250 million to $30 billion in assets.
Last year, it launched new software that allows institutions to integrate customers� investment portfolios into their online banking systems, creating a one-stop Web site for financial services.
�A lot of financial institutions that are in our target market don�t have that capability right now, and we�re just introducing it,� said Scott Davis, president and CEO for ENSI.
Workers' Credit Union appoints 2 new VPs
FITCHBURG -- Workers' Credit Union announced the appointment of Robert P. Gallo as vice president for business banking, which includes new business member development and client relationship management. The Fitchburg resident graduated from Fitchburg High School and attended the University of Massachusetts-Lowell. Prior to joining Workers' Credit Union, Gallo worked as a commercial lender for 25 years in North Central Massachusetts, most recently with Enterprise Bank in Fitchburg. Gallo is a board member of the Thayer Symphony Orchestra Inc. of Leominster, Multi-Service Center Inc. of Leominster, trustee of the Fitchburg Art Museum and a member of the Fitchburg East Rotary Club and the Exchange Club. He is married and has two children. Workers' Credit Union also appointed Paulo N.
Fremont Federal Credit Union ready for business
For quite a few years, the people of Woodville have become accustomed to having two financial institutions to serve them. Several months ago, Sky Bank merged with Huntington Bank, leaving only one bank in our community. Another financial institution has come to Woodville to offer its services. On Oct. 22, Fremont Federal Credit Union opened up a temporary office in the Davies & Ruck Building at 109 W. Main Street (next to Mortise and Tenon). .
|
