Image | Courtesy of Country Bank
Mary McGovern, president and CEO of Country Bank
September 4, 2024
Former CEO of North Brookfield bank to take on new executive role at Country Bank
Photo | Courtesy of Country Bank
Marco Bernasconi, chief operation and innovation officer at Country Bank
Marco Bernasconi, the former president and CEO of North Brookfield Savings Bank, has been appointed to the newly created position of chief operating and innovation officer at Ware-based Country Bank.
Bernasconi, who was most recently the principal of fintech and digital transformation at Boston accounting firm Wolf & Co., was brought on to enhance the bank’s digital services and product offerings, according to a Country Bank press release issued Tuesday.
“We are excited to welcome Marco as our new chief operating and innovation officer,” Mary McGovern, Country Bank’s president and CEO, said in the press release. “He has extensive experience in technology, banking, and fintech and a proven track record of transformative leadership. We are confident that his exceptional skills will undoubtedly contribute to Country Bank’s growth and deliver outstanding value to our customers.”
McGovern was named the first woman president in the 174-year history of Country Bank in January and later became the bank’s first woman CEO in August, following the retirement of longtime CEO Paul Scully.
Bernasconi led North Brookfield Savings Bank from April 2021 until August 2023. Kaz Borawski took over leadership of NBSB after Bernasconi left.
A resident of West Hartford, Connecticut, Bernasconi holds a bachelor’s degree in business administration from Eastern Connecticut State University.
“Joining Country Bank as chief operating and innovation officer is an incredible opportunity. I am excited to contribute to the bank’s growth and innovation plans. I aim to drive transformative solutions that enhance operational excellence and deliver exceptional value to our customers,” Bernasconi said in the press release.
Founded in 1850, Country Bank is the 25th largest bank in Central Massachusetts when ranked by local deposits, as it has local deposits of $358 million as of June 30, 2023, according to the WBJ Research Department. The bank has $1.4 billion in total deposits and $1.9 billion in assets as of March 31, according to data from the Federal Deposit Insurance Corp.
North Brookfield Savings Bank is the 28th largest bank in Central Massachusetts, with $248 million in local deposits. The bank has $362 million in total deposits and $413 million in assets as of June 30, 2023, according to the FDIC.
Eric Casey is a staff writer at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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