Leominster-based Fidelity Cooperative Bank has promoted its new chief lending officer to president.
Sean O’Connell will remain in his role as chief lending officer while taking on the additional responsibilities as president. He joined Fidelity from Whitinsville-based UniBank in 2025, according to a Fidelity press release issued Monday.
“Sean is a trusted and forward-thinking leader who understands what it means to build strong relationships, with clients, colleagues and our communities,” Matt Burke, chairman and CEO of Hyannis-based Mutual Bancorp, Fidelity Bank’s parent company, said in the press release. “His ability to connect strategy with execution, combined with his deep commitment to community banking, positions him well to lead Fidelity Bank in its next chapter.”
O’Connell joined Fidelity in November. He spent nine years at UniBank, most recently as its chief lending officer, according to his LinkedIn profile.
O’Connell replaces Joseph Silva as Fidelity president. Silva left Fidelity in September after a nine-month stint as president. He worked a total of three-and-a-half years at the bank, according to his LinkedIn profile.
O’Connell has an MBA from Nichols College in Dudley and serves on the boards of the Worcester Regional Chamber of Commerce and of Helix Human Services in Springfield.
Fidelity is the 11th-largest bank in Central Massachusetts, with $1.3 billion in local deposits and $1.6 billion in local assets, according to information compiled by the WBJ Research Department. The bank has 14 branches.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the real estate and banking & finance industries.
