Country Bank Announces Retirement of Longtime President and CEO Paul Scully
Posted on July 10, 2024
On July 1, 2024, CEO Paul Scully announced his retirement after a distinguished career of twenty-eight years at Country Bank and forty-eight years in the financial services industry. His retirement will be effective on July 31st. Scully, who started his banking career as a part-time teller while attending Bentley University, previously served as Senior Vice President of Country Bank was appointed President in 2004 and later assumed position of Chief Executive Officer in 2005.
“Throughout my career, I’ve been guided by the belief that success is not just about growth in numbers but about the positive impact we make in the lives of our team members, customers and communities. It’s been an incredible journey and I’m immensely proud of what we’ve achieved together. As I retire, I leave with a deep sense of gratitude for the opportunity to serve as Country Bank’s CEO for the past twenty years and with the utmost respect of my successor, Mary McGovern and the entire Country Bank team to continue the Bank’s legacy of excellence,” said Scully.
Mary McGovern, appointed President by the Bank’s Board of Trustees on April 1, will assume CEO, effective August 1. McGovern, who has been with the Bank since 2011, previously served as EVP and CFO before assuming the role of COO in 2023. With her extensive experience in the financial services industry spanning over three decades, McGovern brings a wealth of knowledge and expertise to her new position.
“I am honored to have worked alongside Paul for the past thirteen years,” said McGovern. As I assume the organization’s leadership, I am dedicated to the Bank’s continued growth and supporting our customers, community, and team members. The Bank is committed to providing best-in-class customer service, the latest banking services, safety and security, and ensuring Country Bank remains a trusted financial institution in our communities.
Country Bank’s Board of Trustees and its team members are deeply grateful to Paul for his exceptional leadership and unwavering dedication throughout his tenure. His visionary guidance has positioned the Bank for continued success and growth. As the Bank embarks on this new chapter, it looks forward to the leadership of Mary McGovern, who will undoubtedly build upon Scully’s legacy and drive Country Bank to new heights.
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