FDIC Insured – Backed by the full faith and credit of the US Government
NORTH ADAMS, Mass and TAUNTON, Mass – [June 16, 2026] – MountainOne Financial is pleased to announce the appointment of Edward Alfieri as Senior Vice President, Operations. Alfieri joins the organization as MountainOne Financial continues to build a unified operational foundation following the merger of MountainOne Financial, MHC and Mechanics Bancorp, MHC. In this role, Mr. Alfieri will provide executive leadership for operational functions across the organization, supporting strategic initiatives, process improvements, technology integration, and long-term growth.
“Ed brings a unique combination of operational expertise, strategic leadership, and community banking experience,” said Joe Baptista, President and Chief Executive Officer of MountainOne Financial, MHC. “Throughout his career, he has demonstrated an ability to lead complex initiatives, develop strong teams, and drive meaningful organizational improvement. As we continue building for the future, his leadership will help strengthen our operational capabilities and support our commitment to delivering exceptional service across both institutions.”
Alfieri brings nearly three decades of banking experience to the role. Most recently, he served as Senior Vice President, Operations and Transformation at HarborOne Bank, where he led enterprise- wide operational and transformation initiatives focused on scalability, efficiency, technology, and regulatory compliance. During his 28-year career with HarborOne, he held progressively senior leadership positions spanning branch operations, retail administration, banking administration, and enterprise operations.
“I am excited to join MountainOne Bank and Mechanics Cooperative Bank during this important chapter in MountainOne Financial’s history,” said Alfieri. “The organizations have a strong reputation for community commitment, customer service, and long-term vision. I look forward to working with colleagues across MountainOne and Mechanics to strengthen operations, support growth, and help position the organization for continued success.
About MountainOne Financial:
MountainOne Financial, MHC is a multi-bank mutual holding company headquartered in North Adams, Massachusetts, overseeing two independent community banks with combined assets totaling over $1.8 billion. Guided by mutuality, MountainOne Financial provides long-term stewardship, strategic direction, and shared resources, delivering the governance, stability, and flexibility needed to support its institutions across geographies spanning Massachusetts. Through responsible oversight, a focus on its local communities, and a shared commitment to mutuality, MountainOne Financial ensures stability today and a forward-looking vision for the future.
Through its subsidiary, MountainOne Financial, Inc., MountainOne Financial, MHC supports two independent community banks, MountainOne Bank and Mechanics Cooperative Bank, each operating under its own brand and leadership team. MountainOne Bank also includes MountainOne Insurance Agency, Inc., a subsidiary of MountainOne Bank, and MountainOne Investments, a division of MountainOne Bank, allowing the organization to offer a full range of financial services.
MountainOne Bank and Mechanics Cooperative Bank are each Member FDIC, Member DIF, Equal
Housing Lender.
MountainOne Investments offers securities and advisory services through Commonwealth Financial Network®, member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES or MountainOne Insurance. MountainOne Investments and MountainOne Bank are not a registered broker-dealer or Registered Investment Adviser. MountainOne Bank and Commonwealth are separate and unaffiliated entities.
Insurance and Investments are not insured by the FDIC and are not deposits or obligations of, or guaranteed by, any depository institution. Funds are subject to investment risks, including possible loss of principal investment.