Vermont Business Magazine Mascoma Bank has announced that two new members have joined its Board of Directors.
The new members are Mohamed Basha, Founder/CEO of TLC Nursing Associates, Inc. and Jeff Chu, Co-Founder and Partner of Features Capital.
"We’re thrilled to welcome Mohamed and Jeff to the Board of Directors. They both have a wealth of experience and interest in supporting our communities and the people within them in innovative and responsible ways,” shared Deirdre Goodrich, Board Chair. “They will be valuable contributors to Mascoma Bank as we continue to build our reputation as a forward-thinking community bank that keeps customers and reinvestment in our communities at the center of our decisions.”
Mascoma Bank President and CEO Clay Adams adds, “Welcoming Mohamed and Jeff will help us continue to improve our focus and decision making as a force for positive change for our customers, communities, and employees. They bring valuable insight and perspective to our Board.”
Mohamed Basha lives in South Burlington, Vermont and is the Founder/CEO of TLC Nursing Associates, Inc. with offices in So. Burlington, Vermont and Omaha, Nebraska. He graduated from Castleton State College with a B.A. in Health Science and Nursing and is the President of the nonprofit Cathedral Square Corporation and a member of the Governor’s Commission on Alzheimer’s Disease and Related Disorders. Basha was elected a Corporator of Mascoma Mutual Financial Services Corporation (Mascoma Bank’s holding company) in 2022.
Basha says, “It’s a pleasure to be joining the Board of Directors at Mascoma Bank, whose commitment to community, customers, and employees make it one of the best companies in Northern New England.”
Jeff Chu lives in Norwich, Vermont and is Co-Founder and Partner of Features Capital. He previously worked at Simbex for over twenty years, including in the role of Chief Technology Officer. He received his B.S. in Kinesiology and M.S. in Biomechanics from the University of Massachusetts, Amherst. Chu is active with the MedTech Collaborative and the Upper Valley Business Alliance. He was elected Corporator in 2021.
“Mascoma Bank stands out as a leader in the industry with a focus on customers as well as innovation. I’m excited to be joining the Board in support of their mission,” shares Chu.
The following Directors have been reelected: Michael Cahoon, Owner of Snyder, Cahoon & Co., Frank Leibly, Partner at Alcon Partners, Merritt Patridge, Founder of Grant Book Investments, and Catherine Richmond, Partner with Stebbins Bradley, PA.
About Mascoma Bank
Mascoma Bank is a $2.7 billion mutual community bank and Certified B Corporation® with 28 branches and two loan offices throughout Northern New England. The bank has a 124-year history of serving communities and businesses primarily in rural and minor-urban areas. Member FDIC and Equal Housing Lender. Learn more at mascomabank.com.
LEBANON, NEW HAMPSHIRE (April 4, 2023) – Mascoma Bank
