Village Bank in Massachusetts Shuffles Top Executives

Village Bank in Auburndale, Mass., has moved around several top executives.

The $769 million-asset bank said in a press release that Joseph DeVito had become its president and chief executive. DeVito succeeded Kenneth Brennan, who will become Village Bank's chairman. Alfonso DeVito, who had been chairman, will stay on the bank's board.

Brennan had been CEO since the 2003 merger of Auburndale Co-operative Bank and Newton South Co-operative Bank created Village Bank. He was Auburndale’s president and CEO before the merger.

Joseph DeVito, who had been Village Bank's chief financial officer, was Newton South Co-operative's treasurer before the merger.