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Joseph Malmborg Joins FSB Financial Group

FLORENCE — FSB Financial Group, the investment division of Florence Savings Bank, announced that Joseph Malmborg of Springfield has joined its team as a financial services representative. In this capacity, he will work with individuals and business owners to develop strategic, long-term financial plans to help customers achieve their financial goals and objectives. Malmborg comes to FSB Financial Group with a résumé of 25 years of banking and investment-management experience. Most recently, he was an investment advisor with United Bank, where he managed and developed a $30 million investment portfolio. He is additionally a former investment advisor at Banknorth, registered investment advisor with MassMutual, and business development manager at Fleet Financial. Malmborg began his career as a branch sales manager at SIS Bank. The Westfield State College graduate is a licensed investment advisor representative with Commonwealth Financial Network, holding the Series 7 (General Securities) and Series 65 (Uniform Investment Adviser Law) licenses. He is also licensed to sell both life and health insurance. Malmborg is a past director of the East Longmeadow Chamber of Commerce. His other community activities include teaching Junior Achievement and being involved with Cursillo of Western Mass. “We are pleased to welcome Joe to our investment team. He will work closely with Jean Kelley and Nicole Domnarski to ensure that every FSB Financial Services client receives the highest degree of service and best possible investment advice in the Pioneer Valley,” said John Heaps Jr., president and CEO of Florence Savings Bank. “Joe’s extensive background and strong community involvement will make him an invaluable part of our team.”

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