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August 26, 2011

New President At Bay State Savings

Courtesy Peter Alden

A New Hampshire banker with more than 25 years of industry experience will be the next president and CEO of Worcester-based Bay State Savings Bank, the bank announced.

Peter B. Alden, of Wolfeboro, N.H., will take the reins from Robert Lewis, who is retiring at the end of the year after 12 years with the bank.

Alden worked most recently at Centrix Bank and Trust Co. and has been president and CEO at both Greatwaters Bank & Trust Company and Community Bank & Trust Company, all in New Hampshire.

Bay State Savings has $270.6 million in assets, according to its most recent financial filing.

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