#United States #Small Business #Needham Bank #Needham #George Drugas

George Drugas Takes the Lead at Needham Bank

Needham Bank has made a significant addition to its Commercial and Industrial (C&I) Banking team with the appointment of George Drugas as the First Vice President and Small Business Team Leader. This strategic move is aimed at enhancing the bank's operations within the small business sector, a vital area for both growth and community engagement.

A Wealth of Experience

George Drugas is bringing a wealth of experience to his new role, having previously served as the Vice President and Small Business Team Leader at HarborOne Bank. In that capacity, he oversaw a team of business development officers, managing various credit requests and ensuring robust evaluation mechanisms were in place. Furthermore, his prior experience includes being a Vice President and Customer Credit Advocate at Citizens Bank, where he cultivated customer relationships and honed his credit strategy skills.

Mr. Drugas's proven track record in business development and relationship management aligns perfectly with Needham Bank's commitment to supporting small enterprises. His insights will be pivotal in crafting strategies that not only attract new clients but also deepen existing relationships.

A Vision for Growth

In his new role, George will report directly to James Daley, Executive Vice President and Director of C&I Banking. Daley expressed his enthusiasm for having Drugas on the team: “We’re thrilled to welcome George to the C&I Banking team. His deep industry experience and leadership will be instrumental as we continue to grow our Small Business division. I’m confident he’ll deliver meaningful results for our customers and the Bank.”

Expressing his excitement about his new position, Mr. Drugas stated, “I’m excited to join Needham Bank and lead such a talented Small Business team. Supporting and empowering small businesses is important to me, and I look forward to contributing to the success of our clients.” His passion for the small business sector speaks volumes about the direction he aims to take with his team.

Educational Background

George holds a Bachelor of Arts in Economics from the University of Massachusetts Boston. He has also completed the Risk Management Association's Loan Officer Resident Seminar, further enriching his expertise in financial risk assessment and management.

Outside of his professional commitments, Mr. Drugas is actively involved in community service. He volunteers for the Somerville Homeless Coalition and the BUILD Boston program, which underscores his dedication to fostering community development and supporting those in need.

About Needham Bank

Needham Bank, often referred to as the “Builder’s Bank,” has been a longstanding player in the local financial landscape since its inception in 1892. The institution prides itself on offering tech-forward products and services that cater to both businesses and consumers, effectively blending the expertise found in larger institutions with the localized knowledge and commitment of a community bank.

As the demand for small business banking solutions continues to grow, George Drugas’s leadership at Needham Bank is timely. His approach to developing client relationships and crafting effective strategies will undoubtedly play a crucial role in the bank's continued success and commitment to the community.

For more information, visit Needham Bank. Needham Bank is a member of the FDIC.