E. David Humphrey, executive vice president and chief operating officer of Vermont Federal Bank, Williston, has assumed the bank's presidency, succeeding John A. Cobb.

Mr. Cobb continues as president and chief executive officer of Eastern Bancorp, Vermont Federal's parent. Mr. Cobb said his surrender of duties at Vermont Federal would give him more time to work with another subsidiary, First Savings of New Hampshire, "as we pursue additional growth opportunities and expanded retail services."

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