Tower Promoted to SVP of Enterprise Risk Management and Legal Services at bankESB

bankESB is delighted to announce the promotion of Alison Tower to senior vice president of Enterprise Risk Management and Legal Services.

In her new role, Tower will lead enterprise risk management initiatives, ensuring rigorous compliance and legal oversight across all business lines at bankESB and the family of banks that comprises Hometown Financial Group, including bankESB, bankHometown, North Shore Bank, Abington Bank and Colonial Federal Savings Bank, divisions of North Shore Bank, and Hometown Mortgage. With an extensive background in risk and legal services, Tower has been instrumental in shaping strategic approaches that strengthen the bank’s risk posture.

Tower joined bankESB in 2015, bringing with her a wealth of experience from running her own law practice in Amherst. She earned her Juris Doctorate from Western New England University School of Law, an MBA in Finance from UMass Amherst, and a bachelor’s degree in Gender Studies from Bard College at Simon’s Rock.

“Alison has been an exceptional leader and trusted advisor within our organization,” said Matthew S. Sosik, president and CEO of bankESB. “Her deep understanding of both the legal and operational sides of our business, combined with her unwavering commitment to integrity and sound governance, make her ideally suited for this expanded leadership role.”

Beyond her professional accomplishments, Alison is deeply committed to community service. She currently serves as the president of the board of directors for the Easthampton Community Center, an executive committee member of the Brockton Housing Partnership, and a finance committee member for Pioneer Valley Habitat for Humanity. She also contributes her expertise as a review board member for the Western Mass Mortgage Loan Review Board and on the Loan Committee for Worcester Community Housing Resources.

Tower resides in Easthampton with her wife, Stacey and son, Jack.