Press release submitted by Rollstone Bank & Trust
Rollstone Bank & Trust has announced that Tony Rakic has been promoted to Executive Vice President and Chief Lending Officer. He joined RBT as Senior Vice President of Commercial Lending in 2021. Rakic will succeed Mike Olson, who will be retiring after 17 years with RBT, but will serve in an advisory capacity and support Tony to ensure a smooth transition.
From left: Mike Olson, Martin Connors, Tony Rakic. (Courtesy photo)
"Since joining Rollstone, Tony has used his years of experience and depth of expertise to benefit our customers who are seeking guidance and opportunity in order to grow and prosper," said Martin F. Connors, Jr., President & CEO of Rollstone Bank & Trust. “In the Chief Lending Officer position, Tony will oversee the entire lending team and portfolio, help minimize risk to the Bank, and support the Bank’s strategic initiatives. We are grateful to Mike for his years of hard work and dedication, and are confident that Tony will continue to do a great job.”
Mr. Rakic has over 20 years of lending experience, including Asset Based, Commercial & Industrial, and Commercial Real Estate. He holds a Master of Business Administration from Clark University and a Bachelor of Science in Business Administration from Worcester State University.
About Rollstone Bank & Trust
At Rollstone Bank & Trust, we deliver personalized service that goes above & beyond. Our dedication to providing our customers with superior bank and wealth management solutions, along with the support they need to prosper at work and at home, has enabled us to build one of the most trusted banks in the region. With branches located throughout central Massachusetts, customers have peace of mind knowing we are FDIC & DIF insured, and never far from home. Rollstone Bank & Trust - it's where you matter most.