Page 23 - BusinessWest January 22, 2024

and a place for us in this market,’ and that’s when I decided to move the commercial-lending team and their support staff to Monarch Place and tear down the sheetrock and outfit a nice branch on Shaker Road.”
With that move, the logical questions — and Glidden was ready for them — is where will the bank go next within the 413, and when?
“We are selectively and cautiously consider- ing where to go next,” he told BusinessWest. “We don’t have to be in a rush, but I can see a total of maybe three to six branches over the next few years — if the right opportunities pres-
“We can deliver a balance sheet that’s going to be large enough for 99.9% of the companies up there to grow to whatever they want to be.”
ent themselves.
“I wouldn’t force the issue,” he went on, say-
ing there is no firm timetable and no specific number of locations as a firm goal. “Maybe three to six branches, strategically located, with drive-thrus, with the focus on catering to small to medium-sized business owners. That’s our future plan.”
How this plan shakes out remains to be seen, obviously, and we’ll delve more into where the Liberty name and logo might appear next. For now, the bank wants to continue solidifying
Bank employees and elected officials cut the ceremonial ribbon last month on Liberty Bank’s East Longmeadow branch.
Commercial Lending
Working Capital
Real Estate Purchase Manufacturing Property
Rental Property Vehicles & Equipment Retail Property
Commercial Team
(R) Anthony (Tony) Franco, V.P. of Commercial Lending, 413.205.2015 (L) Michael (Mike) Ostrowski, President & CEO, 413-732-9812
www.arrhacu.com/commercial-lending 145 Industry Ave, Springfield, MA 63 Park Ave, West Springfield, MA 231 Hazard Ave, Enfield, CT
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