Marlborough Co-Operative Bank What's New

Beginning Tuesday, April 1, 2008: Take advantage of the bank's best checking account ever offered. This free checking account pays a rate like a Certificate of Deposit (5.51% APY*) without tying up your funds for a fixed period of time. Free Advantage Checking has no daily minimum balance requirements to satisfy or even monthly maintenance charges. You'll even enjoy refunded ATM fees, nationwide**.....and your money is available 24 hours a day through a Marlborough Co-Operative Bank MasterMoney Card! To take advantage of these benefits, accountholders must satisfy the following requirements each monthly statement cycle:

Perform at least 10 debit card transactions (excluding ATM's)

Receive at least one direct deposit or one automated (ACH) debit transaction

Receive their monthly statement electronically when available

Access Online Banking, and

*5.51% Annual Percentage Yield (APY) paid on balances up to $25,000, and 1.01% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements per cycle, your account will still function as a free checking account earning 0.15% APY; however, it will not receive ATM refunds for that statement cycle. Rates as of April 1, 2008. We may change the interest rate and APY at any time after the account is opened. Available to Personal Accounts only. No monthly service charge. The Minimum balance to open this account is $25 **ATM refunds up to $20 per cycle if requirements are met.

Butler Bancorp, MHC CONTROLLER

Butler Bancorp, MHC is looking for a self motivated, enthusiastic individual to work as a Controller in Lowell and Marlborough.

Butler Bancorp, MHC is a highly profitable, exciting, team oriented and rewarding company. We offer great benefits, a competitive salary, and the opportunity for you to grow with us.

SUMMARY:

Establishes, coordinates, and maintains an accounting system that properly reflects the financial position of the financial institutions, and provides financial consolidation of branches or subsidiaries. Specific areas include the development and maintenance of planning and budget systems, analysis and interpretation of trends requiring management’s attention, the preparation of financial and management reports and procedures and the presentation of findings and specific recommendations to senior management. Directs and coordinates the operations of the general ledger, accounts payable, financial reporting and taxation areas.

RESPONSIBILITIES/TASKS:

Provide support to the Chief Financial Officer of the Bancorp in managing the financial operations of the corporation.

Prepare and direct the preparation of reports that summarize and forecast the Bank’s business activity and financial position.

Prepare and directs the preparation of annual and interim financial statements as required by current accounting and regulatory guidelines.

Enforce, define, and establish accounting policies and procedures per generally accepted accounting principles (GAAP).

Prepare quarterly and annual regulatory reports for FDIC, Federal Reserve Bank, and Commissioner of Banks. Assist in the preparation of budgets.

Maintain and update the Banks’ asset/liability models and documentation.

Act as liaison to external auditors and internal auditors with regard to financial reporting.

Oversee the daily cash position of the Banks, federal funds position, repurchase agreements balances and correspondent collateral balances.

QUALIFICATIONS:

Bachelors in Accounting/Finance

CPA helpful.

At least 5 years of experience including experience in financial reporting, budgeting, cost accounting, general accounting and regulatory reporting.

Prior experience as a controller or assistant controller of a financial institution

KNOWLEDGE, SKILLS & ABILITIES REQUIRED:

Excellent and proven knowledge of and the ability to accurately apply generally accepted accounting principles.

Proficient in using and learning accounting software.

Demonstrated proficiency in computer operations.

Ability to establish and maintain effective working relationships with executives, managers, employees and vendors.

Ability to comprehend, analyze and interpret financial reports, statements and related legal documents.

Ability to attend meetings or perform other assignments at locations outside of the office, if necessary.

Ability to define problems, collect data, establish facts and draw valid conclusions.

Ability to handle sensitive materials and maintain the highest level of confidentiality.

Ability to shift attention quickly and accurately from one matter to another.

Ability to prioritize multiple projects and complete them on time.

About Butler Bancorp, MHC

Butler Bancorp is the holding company for Butler Bank, a $248 million co-operative bank in Lowell, MA and Marlborough Co-operative Bank, an $88 million co-operative bank in Marlborough, MA. The company is growing rapidly and offers many opportunities for advancement.

If you want an opportunity to build relationships and join a successful team of professionals, send us your resume! Please apply to: cweeden-west@butlerbank.com

CONSTRUCTION LOAN SALES ASSOCIATES Excellent compensation and benefits!
Exciting position for Construction Loan Sales Associates for territories in and around Marlborough, MA. Commercial/Construction loan experience a real plus, but with related industry experience, we will also train for this position. We are one of the leading construction lenders in Massachusetts, New Hampshire and Maine and have experienced unbelievable growth.

You must enjoy being on the road and working with new builders/developers to submit the documentation associated with new construction loans.

Butler Bank offers a weekly salary, a generous commission structure, excellent benefits and matching 401K plan. Our originators are employees of Butler Bank and with hard work-a substantial annual income is possible!

If you want an opportunity to build and create relationships, join a growing and well capitalized financial institution and interface with a successful team of professionals, send us your resume!

Visit Butler Bank for more exciting job opportunities.

COME GROW WITH US! Apply to:

email: jsousa@butlerbank.com, Fax: (978) 458-1496, Phone: (888) 285-7251.

FULL TIME / PART TIME TELLERS Excellent compensation and benefits!
If you are an ambitious, customer-oriented individual who has strong communication skills, and enjoys working in a friendly, fast-paced, sales/service environment, we want to hear from you!

Marlborough Co-Operative Bank
175 Main Street, Marlborough, MA 01752

Fax: (508) 624-0603 | To email send to Sheila Langmeyer click here

Marlborough Co-Operative Bank and Butler Bank are equal opportunity employers offering competitive compensation and a comprehensive range of benefits. We offer an equal opportunity to become a part of a growing financial institution that promotes professional and personal development. For confidential consideration, please forward your resume:

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