Tom Drummey Named Randolph Savings Bank President and Chief Executive Officer

Randolph, MA (PressExposure) July 18, 2008 -- The Randolph Savings Bank Board of Directors has elected Thomas H. Drummey President and Chief Executive Officer to succeed Richard Boonisar who is retiring in July. Drummey had been the Bank's Executive Vice President and Chief Operating Officer.

"Having Tom follow Dick Boonisar will allow the Bank to enjoy a seamless transition of top management," says Robert DiMatteo, Chairman. "He has worked very closely with Dick as Executive Vice President and is familiar with every aspect of the Bank's operation. He has been a big part of the success and stability we have enjoyed over the past year."

Drummey joined Randolph Savings Bank in 2000 and was Senior Vice President, Senior Loan Officer before being named Chief Operating Officer in 2006. Prior to that, he was Senior Lender at Sharon Credit Union and Lending Manager at Coastway Credit Union. His introduction to banking came when he worked on the House Committee for Banks and Banking at the Massachusetts General Court as a Legislative Aide.

Drummey is a member of the FDIC New Immigration Alliance Task Force, the Mass Bankers Association and the Mass Mortgage Bankers Association. He also serves on the Board of Directors of the South Shore Chamber of Commerce.

A Norwood native, Drummey now lives in Plainville with his wife and two children.

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Randolph Savings Bank
Founded in 1851, Randolph Savings Bank has seven full service locations and two lending centers serving communities in Massachusetts and Rhode Island.

The Main Office of Randolph Savings Bank is located at 129 North Main Street in Randolph, MA 02368. For additional information please call (781) 573-1383, or visit

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Press Release Submitted On: July 17, 2008 at 4:25 pm
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