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Greenfield Cooperative Bank and Northampton Cooperative Bank receive final approvals to form single cooperative bank
Greenfield, MA and Northampton, MA, February 19, 2015---
Michael Tucker, President and CEO of Greenfield Cooperative Bank, and William Stapleton, President and CEO of Northampton Cooperative Bank, are pleased to announce that they have received final regulatory approvals from the Federal Reserve Board and the Massachusetts Division of Banks to move forward with the planned merger of their two banks. Click here for more details.
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CEO elected to the Federal Reserve Bank of Boston Board of Directors
The following is an excerpt from the announcement press release:
The Federal Reserve Bank of Boston announced its 2015 Board of Directors. The Board of Directors includes:
Michael E. Tucker, Esq., a Class A Director, is president, chief executive officer, and director of Greenfield Co-operative Bank and its parent company, Greenfield Bancorp MHC, a position he has held since 2003. A lawyer by training, Mr. Tucker began his career at the Springfield Institution for Savings, where he later served as senior vice president and general counsel. Mr. Tucker also was senior vice president and senior operating officer at Easthampton Savings Bank. He has held a number of positions on committees of the board of the Massachusetts Bankers Association, including state chairman from 2013 to 2014. Mr. Tucker is also a director of the Cooperative Banks Employees Retirement Association, and a member of the Economic Development Council of Western Massachusetts. He is currently a director of the Franklin County Chamber of Commerce and a Trustee of the Horace Smith Fund Scholarship Fund.
FCCDC growth programs ma
GCB is proud to support the economic growth programs of the Franklin County Community Development Corporation
GCB President and CEO Michael Tucker, and Tony Worden Vice / President Commercial Loan Officer recently presented the bank's donation to the Franklin County CDC. The CDC's funding campaign is to help support and expand the business processing operations at their Wells Street facilities. The $18,000. check was presented to John Waite and Alan Singer in the recently renovated space in the CDC's Venture Center, where Artisan Beverage Cooperative (ABC) is located. When the ABC began in business, both the Coop Bank and the FCCDC supported their growth with financing. "Investing in programs that help drive a stronger local economy, business growth and create new jobs has always been a top priority of the Greenfield Cooperative Bank." stated Michael Tucker. Tony Worden noted "The work our local CDC does, pays dividends to the community for years to come with every business they help grow."
109th Anual Meeting Held June 2014

GCB's 109th
Annual Meeting
greenfield coop bank annaul report 2013

GCB's 109th
Elects New
big brother big sister
GCB Proud to Support Big Brother Big Sister
GCB is proud to have continued our tradition of supporting the annual Big Brother - Big Sister Bowl-a-thon fundraiser. Our strong team of staff members and family raised $1,383. this year! Congratulations to our dedicated and community minded staff (including managers, tellers and officers) on helping make it another successful event.
turners falls bank renovations ma
Turners Falls Grand Opening Ribbon Cutting Ceremony-November 25th
GCB President Michael Tucker and Branch Manager Brenda Denison cut the ribbon on our 6th branch on Avenue A in the great town of Turners Falls! Bank officers, directors, and corporators joined local business owners to celebrate the big event. Stop on by and see why the Greenfield Co-operative Bank is the BEST local bank! For more details and photos, visit us on Facebook, click here
MA bankers association
GCB CEO named Chairman, Massachusetts Bankers Association
award community bank gcb ma
The FDIC and Massachusetts Division of Banks joint Community Reinvestment Act examination, has ranked Greenfield Co-operative Bank as "Outstanding". Co-op Bank President and CEO Michael Tucker stated, "We are honored to receive this top ranking designation again this year. As a local community bank, our focus is on lending and banking practices which are in the best interest of our customers and the communities we serve. The repeat ranking of "Outstanding" by the FDIC and Mass. Division of Banks confirms our ongoing success at meeting those objectives."
GCB is one of the last two local community banks in Franklin County, and has enjoyed an increased market share for deposits for 14 consecutive years. Last year GCB was the only local bank to have a deposit share increase. Tucker said, "We're just doing, what our local customers want and expect from a local bank, and we work hard everyday to keep it that way."