Andrew Sobers joins Mt. Washington Bank as Assistant Vice President, Sales Manager

(South Boston, MA) - - -Mt. Washington Bank has appointed Andrew Sobers as Assistant Vice President, Sales Manager to the bank’s Lending Division. In this capacity, Sobers will lead a team of lenders who will be responsible for enhancing Mt. Washington Bank’s community lending outreach and financial literacy efforts. Sobers will direct the bank’s CRA lending efforts by focusing primarily on increasing the number of mortgages that the bank originates in the neighborhoods of Dorchester and Jamaica Plain.

Prior to joining Mt. Washington Bank, Sobers served as Senior Mortgage Development Officer for Sovereign Bank. For four consecutive years, he was named one of the bank’s top 20 sales staff.

“We are proud to have Andrew join our team at Mt. Washington Bank,” said President and CEO Edward J. Merritt. “Our prospective and current customers in Dorchester and Jamaica Plain will benefit greatly from his professional experience and expertise in the area of residential mortgage lending, especially during this current financial climate. Andrew’s record of success in working with non-profit organizations and his strong connections to the community will bring Mt. Washington Bank one step closer to becoming ‘Boston’s Community Bank’.”

A 2006 recipient of the Black Achievers Award, Sobers received his bachelor’s degree in Management from The Barbados Institute of Management & Productivity and earned his MBA from the University of Surrey in Surrey, England. In addition, Sobers recently completed a professional designation with the Institute of Chartered Secretaries and Administrators (ICSA) which covers business issues such as corporate governance, law, and ethics.

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Mt. Washington Bank is an independent, mutually owned bank, with over $500 million in total assets, and headquartered in South Boston. Founded in 1893, Mt, Washington Bank has five branches, three in South Boston and two in Dorchester. In June 2008, the Bank’s first merger with Roxbury Highland Bank in Jamaica Plain will be complete, making it the sixth branch of Mt. Washington Bank.