Mt. Washington Bank Names Joyce A. Murphy and Shiela Y. Moore To Board of Directors

Contact: Lauren Mann
Mt. Washington Bank
857-524-1155
lmann@MtWashingtonBank.com


South Boston, MA August 23, 2005 – Mt. Washington Bank is pleased to announce two additions to their Board of Directors. Shiela Y. Moore, Executive Director of Bridge Over Troubled Waters and Joyce A. Murphy, President of Caritas Carney Hospital have been elected to the Board, effective June 27, 2005.

Murphy brings a wealth of skills and experience to the board of Mt. Washington Bank, including operations management, strategic planning, and change management. As President of Caritas Carney Hospital, Murphy is very familiar with the communities of Dorchester and South Boston, the principal neighborhoods currently served by Mt. Washington Bank. In addition to her role as President of Caritas Carney, Murphy also serves as Senior Vice President of government relations for the Caritas Christi Health Care System. Within the organization, Murphy founded St. Mary’s Women and Children’s Center, a health and human service center which provides a continuum of care to at-risk women, infants and children. Prior to her role with Caritas Christi, Murphy served as the first deputy commission for the Massachusetts Department of Revenue and as the Superintendent for MCI-Framingham, with the Massachusetts Department of Correction.

Moore brings more than 20 years of experience in managing non-profit community-based health and human service organizations to the board of Mt. Washington Bank. As Executive Director of Bridge Over Troubled Waters, a non-profit organization serving homeless youth, Moore manages more than 250 staff and volunteers and an operating budget of $3.6 million in bringing services to ore than 4,000 youth annually. Prior to her role with Bridge Over Troubled Waters, Moore served as Executive Director of Casa Myrna Vazquez, Inc., New England’s largest and mot comprehensive domestic violence organization. Moore has also worked with Physician Partners of New England, Dimock Community Health Center and Roxbury Comprehensive Community Health Center.

“As Mt. Washington continues to grow, it is critical for us to continue to add experienced professionals who know and understand the communities we serve,” said Edward Merritt, President and CEO of Mt. Washington Bank. “Shiela Moore and Joyce Murphy have an incredible amount of business experience and intimate knowledge of the local neighborhoods. Their addition to the board will provide critical insights as Mt. Washington expands. We are thrilled they have agreed to join our organization.”

Founded in 1893, Mt. Washington Bank has stayed committed to the promise outlined in its mission statement by being "full-service independent bank, offering financial services to meet the needs of its retail and small business community. Mt. Washington recently announced the opening of its new Gallivan Boulevard branch in Dorchester, representing the Bank's fourth branch location in addition to a stand alone loan center.

###