**NB Bancorp Announces Changes in Executive Leadership****

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NB Bancorp, Inc., the holding company for Needham Bank, disclosed in a recent SEC filing changes in its executive leadership. The company announced the resignation of Salvatore Rinaldi as Chief Operating Officer, effective January 3, 2025. Rinaldi will continue in his role until February 7, 2025, after which Christine Roberts will take over his responsibilities.

Effective January 6, 2025, Christine Roberts has been appointed as the new Executive Vice President and Chief Operating Officer of NB Bancorp and Needham Bank. Ms. Roberts, with a notable banking background, most recently served as Executive Vice President and President of Citizens Pay at Citizens Bank. She brings over a decade of experience at Citizens Bank, holding various key positions within the institution.

Ms. Roberts’ appointment comes with a change in control agreement with the Bank, which includes provisions such as a lump sum payment in the event of a change in control followed by termination. Additionally, Ms. Roberts is not affiliated with any of NB Bancorp’s directors or other executive officers, and no related person transactions have been reported.

In response to the appointment, a press release was issued on January 6, 2025, highlighting Ms. Roberts’ new role within the company. Joseph P. Campanelli, Chairman, President, and Chief Executive Officer, expressed confidence in the selection, emphasizing Ms. Roberts’ expertise and leadership qualities to drive further growth for the institution.

Ms. Roberts, recognized in the banking industry as a member of “The Most Powerful Women in Banking,” holds degrees in Marketing from Bentley University and Integrated Marketing Communication from Northwestern University. She resides in Wayland, MA with her family.

NB Bancorp, Inc., the parent company of Needham Bank, has been serving the community from its headquarters in Needham, Massachusetts, for decades. Known for its commitment to individuals, businesses, and the non-profit sector, Needham Bank offers a range of financial products and services. The institution stands out for its blend of expertise from larger firms and the personalized touch of a local community bank.

For more information, visit the official Needham Bank website.

This news follows the filing with the Securities and Exchange Commission (SEC) on January 3, 2025, outlining the changes in executive leadership at NB Bancorp.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read NB Bancorp’s 8K filing here.

About NB Bancorp

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.