bankESB Promotes Erik Lamothe to AVP

EASTHAMPTON — bankESB recently promoted Erik J. Lamothe to assistant vice president, asset liability management.

Lamothe joined bankESB in 2016 as ALM manager and was promoted to ALM officer in 2017. He has nearly 25 years of experience in banking, and is responsible for budgeting, forecasting, managing interest rate risk, and CECL for the Hometown Financial Group family of banks, which includes bankESB, bankHometown, and Abington Bank.

Lamothe earned his bachelor’s degree in accounting from Westfield State University and his master’s degree in banking and financial studies from Boston University. He serves as a board member and Finance Committee member of the Lathrop Home in Northampton and is also a course instructor with the Center for Financial Training.