BUSINESS BRIEF Glenn Strauss Joins Reading Cooperative Bank as SVPChief Lending Officer

first_img(NOTE: Reading Cooperative Bank has two locations in Wilmington — 230 Lowell Street and 352 Middlesex Avenue.)READING, MA — Reading Cooperative Bank (RCB) is pleased to announce that Glenn Strauss has joined the bank as its new Senior Vice President and Chief Lending Officer. Glenn is a highly experienced bank lending professional, having come to RCB from Salem Co-operative Bank in Salem, NH, where he worked as a Senior Vice President/Senior Commercial Lending Officer and Department Head. While at Salem Co-operative, Glenn handled all aspects and activities for the Commercial Lending Division, including sales and portfolio growth, customer retention, loan servicing, budgeting, and strategic planning.Glenn also worked more than 15 years at Pentucket Bank in Haverhill, MA as the Senior Vice President/Massachusetts Market Manager and Commercial Loan Team Leader. While there, Glenn managed a team of commercial lenders, servicing both new and existing commercial and consumer relationships through a strong referral network and market presence.Some of Glenn’s other past employers include U.S. Trust (Assistant Vice President, Commercial Loans) in Woburn, MA, Family Bank, FSB (Commercial Loan Officer) in Haverhill, MA, and Malden Mills Industries, Inc. (Credit Officer) in Burlington and Dedham, MA.Glenn is a longtime Wakefield resident and is highly active in the community. He was on the Board of Directors at the Boys and Girls Club of Greater Salem; is a member of the Greater Salem Chamber of Commerce; and is a Loan Advisory Board Member at the Merrimack Valley Planning commission. Glenn graduated from Bentley University with a BS in Business Administration and a concentration in Finance.“It’s a pleasure to join an institution that values its community and seeks to bring cooperative banking back to its roots,” said Glenn. “The personalized touch that is RCB’s brand is something that really speaks to me. I look forward to contributing my own verse as I join a top-notch team that is building something truly special.”“We’re really fortunate to have Glenn here at such an exciting time in the bank’s history,” said RCB President & CEO Julie Thurlow. “I have no doubt that his broad lending experience, creative aptitude and penchant for leadership will help us reach the short-and-long-term goals that we and our owners/depositors strive for.”About Reading Cooperative BankReading Cooperative Bank is a depositor owned co-operative founded in 1886. This community-centric North Shore financial service provider has branches in Reading, Wilmington, North Reading, Andover, and Burlington. They also operate teaching branches at Northeast Metro Tech in Wakefield (open to the public) and at Reading Memorial High School (students and staff only), as well as an online branch at http://www.readingcoop.com.(NOTE: The above press release is from Reading Cooperative Bank.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Thank You To Our Sponsor:Share this:TwitterFacebookLike this:Like Loading… RelatedReading Cooperative Bank Hires Elizabeth Trifone As New Vice President & Commercial Loan OfficerIn “Business”Reading Cooperative Bank Welcomes 4 New Staff MembersIn “Business”BUSINESS BRIEF: Reading Cooperative Bank Announces 3 New Branch Managers, Including Changes In WilmingtonIn “Business”last_img read more

Suzuki Lets Bookings Open in India Price Launch Details

first_imgThe bookings for Suzuki’s new scooter Let’s have opened in India, with an advance payment of 1,000.Suzuki Let’s, the company’s first 110cc segment scooter, comes with a 112.8cc single cylinder air-cooled engine, which gives a power of 8.7 hp at 7,500 rpm and peak torque of 9.0 Nm at 5,500 rpm. The dealerships across the country have commenced bookings for the scooter, which made its first appearance earlier in January. Though the exact launch details of the scooter is yet to be known, reports suggest that Let’s will reach India showrooms by the end of April.Let’s is expected to give a fuel efficiency of 63 kmpl and will be offered in five colour variants in the coutry – Pearl Mira red, Metallic Triton blue, Pearl Mirage white, Sparkle black and Metallic Sonic silver. According to a Zigwheels report, Suzuki has started the shipment of Let’s to India, and the scooter would carry a price tag of 47,000. If reports are to be believed, the company is likely to begin the delivery of the Let’s in India in the first week of May.Suzuki Let’s will take on the likes of Honda Activa-i and TVS Jupiter in the sub-continent market. It measures 1810 mm in length, 660 mm in width and 1120 mm in height. Seated on a wheelbase of 1250mm, the scooter weighs just 98kg and targets mainly the female riders in the country. It offers telescopic fork suspension at the front, monoshock suspension at the rear and 90/90×10 tubeless tyres.The company is also expected to launch its Gixxer scooter in India by July. Gixxer, which made its debut at the Delhi Auto Expo, packs a single cylinder, air-cooled, four-stroke engine under the hood. Suzuki currently markets Access 125 and Swish 125 scooters in India.Image credit: Suzukimotorcycle India (Ed: VP)last_img read more