Westfield Bank Announces Hiring of Dedicated Commercial Lender for Connecticut Market

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Nov 19, 2013, 03:39 ET

WESTFIELD, Mass., Nov. 19, 2013 /PRNewswire/ -- Westfield Bank (the "Bank"), a wholly owned subsidiary of Westfield Financial, Inc. (NasdaqGS: WFD) announced that it has hired Theodore (Ted) Horan as the Commercial Lender for the Bank's new Granby Connecticut Banking Center. Ted joined the Bank on November 12^th as the dedicated Commercial Lender for the Bank's Connecticut market. He joins a well-rounded and experienced banking team in Granby, with Brenda Glazier, Banking Center Manager and Tom Glynn, Residential Lender.

Ted Horan, who recently joined Westfield Bank, will be working out of the Bank's Granby, Connecticut Banking Center and will serve as the Bank's dedicated Commercial Lender for the Connecticut market. (PRNewsFoto/Westfield Bank) (PRNewsFoto/WESTFIELD BANK)

(Photo: http://photos.prnewswire.com/prnh/20131119/NE20295-a )
(Logo: http://photos.prnewswire.com/prnh/20131119/NE20295LOGO-b )

Ted was most recently with Liberty Bank in Middletown, Connecticut and brings a strong knowledge of the Connecticut market to Westfield Bank with his nearly 30 years of banking experience. He is a graduate of the University of Notre Dame where he currently serves as treasurer for the Alumni club. Ted also serves on the board of East Catholic High School located in Manchester, Connecticut.

In his new role, Ted will be responsible for all commercial lending in northern Connecticut and is looking forward to continuing to develop many lasting customer relationships. Ted resides in Connecticut with his family.

Allen Miles, EVP and Senior Lender at Westfield Bank stated, "Ted is a great addition to our team of experienced lenders. I'm confident he will help many businesses throughout northern Connecticut benefit from his knowledge and commercial lending expertise and the Bank's products and services."

The Bank opened the Granby, Connecticut Banking Center, located at 10 Hartford Avenue, in the early summer of 2013. President and CEO James Hagan noted, "We are very pleased with the deposits and loans we have generated in the Granby market. In the few short months since Granby's opening, we have gathered $3.0 million in deposits and originated $5.2 million in new loan volume as of November 15, 2013."

About Westfield Financial and Westfield Bank

Westfield Financial, Inc. is a Massachusetts-chartered stock holding company and the parent company of Westfield Bank, Elm Street Securities Corporation, WFD Securities, Inc. and WB Real Estate Holdings, LLC. Westfield Financial and its subsidiaries are headquartered in Westfield, Massachusetts and operate through 12 full-service banking offices in Agawam, East Longmeadow, Feeding Hills, Holyoke, Southwick, Springfield, West Springfield and Westfield, Massachusetts; Granby, Connecticut and one Residential Loan Center in western Massachusetts.

Westfield Bank is a full-service community bank offering the products, services and conveniences of a big bank in a local and personalized way. Westfield Bank is able to meet the needs of retail banking customers from childhood to retirement, and business customers small and large. Westfield Bank is accessible 24-7 online at www.westfieldbank.com or by calling 413-568-1911 or 800-995-5734.

SOURCE Westfield Bank