October 1, 2019
Main Street Bank appoints new CFO
Paul Musgrove
Main Street Bank in Marlborough has named Paul Musgrove as its new CFO.
Musgrove joins the 13-branch mutual savings bank from Residential Mortgage Services in Portland, Maine, where he was also the CFO. He will relocate to Massachusetts with his family, according to the bank, which announced his appointment Monday.
Musgrove has an MBA in international finance, corporate finance, management and investments from Concordia University in Montreal.
Main Street Bank was created by the 2017 merger of Marlborough Savings Bank and North Middlesex Savings Bank. The bank had $1.03 billion in assets at the end of March.
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