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Belmont Savings Announces Promotion of Brandon Lavertu

Posted on March 18th, 2015 at 2:05 PM

BELMONT - Belmont Savings Bank announced today that Brandon Lavertu has been named Senior Vice President Director of External Reporting and Accounting Policy. Lavertu’s responsibilities include SEC and regulatory reporting, accounting policy and SOX oversight/risk management.

Lavertu joined Belmont Savings in September 2012, overseeing the creation of accurate and timely accounting by leveraging his prior public accounting experience to improve controls and implement best practice procedures. His previous title at the Bank was Vice President, Financial Reporting.

“Brandon is a consummate professional, and Belmont Savings greatly benefits from his accounting expertise,” said Bob Mahoney, President and CEO of Belmont Savings. “As the bank continues growing and creating scale, his work ethic will ensure excellence throughout his department, and elsewhere.”

Previously, Lavertu worked at Ernst & Young as a manager in the Banking & Capital Markets group, where he managed audit and other consulting engagements for banking clients.

“I am thrilled about the opportunity to serve as the bank’s Director of External Reporting,” said Lavertu. “Belmont Savings is an excellent community partner, as well as a strong financial institution, and it is a privilege to contribute.”

Lavertu graduated from the University of New Hampshire with a Bachelor of Science in Business Administration as well a Masters in Accounting.

He lives in Boston.

About Belmont Savings Bank

Belmont Savings Bank is a $1.4 billion, full-service Massachusetts savings bank dedicated to quality, convenience, and personalized service. The Bank builds on a proud history of financial strength and a tradition of active involvement in the community. Belmont Savings Bank provides a full range of banking services for professional commercial real estate investors, developers and managers as well as individuals and local small business owners through two full-service offices in Belmont, one fullservice office in Watertown, and three full-service Shaw’s supermarket branches in Waltham, Newton and Cambridge. Find out more information by visiting: https://www.belmontsavings.com or Like Belmont Savings on Facebook. Member FDIC. Member DIF.

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