Chairman Richard L. Lafrance announced today that Anne P. Tangen has been appointed as the President of BankFive effective April 6, 2020.
Mr. Lafrance said, “BankFive’s Selection Committee conducted a thorough search for the next leader of BankFive. We have confidence that Anne’s knowledge, expertise, and experience makes her the one best suited to lead BankFive into this new chapter. Anne is a Southcoast resident with strong ties to the community we serve.”
“I am very excited to join BankFive“ said Anne P. Tangen. “I look forward to leading a financial institution with a long-standing history of community focused banking and a dedication to serving people and businesses in the Southcoast.”
Tangen comes from The Cooperative Bank of Cape Cod where she was the Chief Operating Officer and Chief Information Officer. There her responsibilities ranged from overseeing the bank’s technology, security, project management, bank operations and customer assistance. Prior to that she held a variety of positions at both Fidelity Investments and State Street Bank. Tangen is a graduate of the University of Vermont with a BA in Economics.
Over the next several months, Tangen will transition to President and CEO, replacing William R. Eccles, Jr. who will retire this summer after five decades of dedicated service at BankFive.
“Anne brings talent, expertise and strong leadership to BankFive,” said William R. Eccles, Jr., President & CEO at BankFive. “We are extremely fortunate to have her on our team, to continue to strengthen our commitment to providing financial solutions to the communities we serve.”
Since 1855, BankFive has been serving the communities of the SouthCoast with a steadfast commitment to provide local individuals, families and businesses with outstanding products and services designed to meet their financial needs. With 16 offices located throughout Massachusetts and Rhode Island, BankFive is one of the top regional banks. For more information, go to www.bankfive.com.
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