Salisbury Bank currently employs more than 180 people and operates thirteen branches in Connecticut, Massachusetts and New York.
“The cost of housing is a significant factor in the hiring and retention of employees, particularly younger employees,” says Salisbury Bank President and Chief Executive Officer Rick Cantele.
“I believe there is a definite advantage for our staff, for our company, and for our communities to have our employees live locally,” says Mr. Cantele. “Customers enjoy seeing familiar faces working in their local branches. Employees who have shorter commutes are often more involved in their communities; they’re more likely to coach Little League teams, supervise after-school activities, and volunteer for local town boards and organizations.
“Supporting stronger and more economically vibrant communities is at the core of what we do. The availability of affordable housing is critical to attracting and retaining qualified staff within the market areas we serve.”
This article was published in The Lakeville Journal on 10/22/2015.