Westfield Financial, Inc. Appoints William J. Wagner as Vice Chairman of the Board of Directors
April 05, 2016 at 09:01 am EDT
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Westfield Financial Inc. and Chicopee Bancorp Inc. jointly announced the signing of a definitive merger agreement whereby Chicopee will merge with and into Westfield. Following completion of the transaction, James C. Hagan will be President and CEO of the combined company and Donald A. Williams will be Chairman of the Board. William J. Wagner, Chairman, President and CEO of Chicopee, will join the executive management team of Westfield, and will become Vice Chairman of the Board of Directors.
Four additional board members of Chicopee will also join the board of Westfield.
Western New England Bancorp, Inc. is a Massachusetts-chartered stock holding company. The Company is the parent company of Westfield Bank (the Bank), CSB Colts, Inc. (CSB Colts), Elm Street Securities Corporation (Elm), WFD Securities, Inc. (WFD) and WB Real Estate Holdings, LLC (WB). The Bank is a full-service, community oriented financial institution offering a full range of commercial and retail products and services as well as wealth management financial products. The Bank also provides a variety of banking services, including telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. CSB Colts, Elm, and WFD are engaged in holding qualified securities. WB is engaged in holding other real estate owned (OREO). The Bank operates about 25 banking offices in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Huntington, Ludlow, South Hadley, Southwick, Springfield, Ware, and others.
WESTERN NEW ENGLAND BANCORP, INC. 
