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Stock impact report

NB Bancorp Appoints New Board Member and Lead Independent Director

NB Bancorp, Inc. (NBBK) 
Company Research Source: PR Newswire
NEEDHAM, Mass., Sept. 12, 2024 /PRNewswire/ -- NB Bancorp (the "Company") is pleased to announce that Kenneth C. Montgomery has been elected to the Board of Directors of both the Company and its subsidiary, Needham Bank.Mr. Montgomery most recently served as a First Vice President and Chief Operating Officer at the Federal Reserve Bank of Boston, overseeing critical initiatives, including the design, development and market launch of the FedNow Service program aimed at advancing the United States' payment system. From October 2021 to June 2022, Mr. Montgomery served as interim President and Chief Executive Officer of the Federal Reserve Bank of Boston. During the majority of his time in the Federal Reserve Bank system, Mr. Montgomery occupied positions that included oversight of technology groups and systems, including serving as Executive Vice President and Federal Reserve System Chief Technology Officer based out of the Federal Reserve Bank of Richmond. Mr. Montgomery serves as a nat Show less Read more
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