Needham Bank CEO Named 'Community Bank Hero'
McGeorge was honored at a ceremony in Boston on May 23. Winners selected by the newspaper team are community bankers who excel in their careers and devote both professional and personal time to make the communities they serve better places.
During his 36-year tenure at Needham Bank, McGeorge has overseen an evolution in community banking and has led his bank to be a good, philanthropic member of the community. He said that he is particularly proud of the bank’s sponsorship of the recent renovation of the James Huge Powers Hall, and the renovation of that building’s second floor to become a 440-seat concert hall.
“I am proud of all that Needham Bank has accomplished,” he said, adding, “but what I’m most truly proud of is the staff that we have serving our communities.”
He added, “We are pleased to be recognized by Banker & Tradesman for our work in the community, and the credit really goes to all of the dedicated team here at Needham Bank.”
The Medfield resident and Texas native first began his banking career at Lubbock National Bank, Lubbock, TX. He joined Needham Bank in 1976. He has served as CEO and chairman of the board of Needham Bank since 2005.
During his tenure at Needham, McGeorge has successfully managed and overseen the evolution of community banking, from passbook savings and NOW checking accounts, to commercial and residential construction loans, to online banking and mobile banking products and services.
McGeorge is a current board member of the Cooperative Central Bank and Medfield Housing Authority. He is a member of the Massachusetts Bankers Association, American Bankers Association, Independent Community Bankers Association and Builders Association of Greater Boston. He is also actively involved in the New England Senior Golf Association, the Donald Ross Society, and Ouimet Scholarship Society.
He resides in Medfield with his wife, Kathy. They are parents of two daughters and four grandchildren.