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Walpole Co-operative Bank Announces the Retirement of Joseph V. Scholl and the appointment of Paul M. Chaggaris as President & CEOThe Board of Directors of Walpole Co-operative Bank announced the retirement of Joseph V. Scholl as President & CEO effective January 31, 2021. Scholl joined the bank in 1993 from Shawmut Bank and was promoted to President & CEO in 2009. Under his leadership, the bank has grown to become a financially sound community bank with half a billion dollars in assets and a full suite of services to meet the financial needs of individuals, families, and businesses in Walpole and surrounding communities. “The Board of Directors is extraordinarily grateful for Joseph’s dedication and leadership to not only support the Bank’s customers and employees but also to support the entire Walpole community,” said Ron Lestan, Chairman of the Board of Walpole Co-operative Bank. “We wish him much happiness and success in retirement.” Replacing Scholl in his role as President & CEO will be Paul M. Chaggaris. Chaggaris joined Walpole Co-operative in 1994 as a Vice President and Loan Officer. Most recently, he served as Senior Vice President and Senior Lender. Paul resides in Franklin with his wife Michelle. “Paul’s long and successful tenure with the bank and strong experience in commercial lending will help us continue our mission of building local businesses and the Walpole community. We’re delighted to welcome him as our new President and to continue building on Joseph Scholl’s legacy of staunch service and leadership,” said Lestan. |