Florence Bank Hires Director of Credit and Commercial Operations and Commercial Loan Officer

Florence Bank is pleased to announce it has hired a director of credit and commercial operations, and a commercial loan officer.

 

Liz Beaudry, of Holyoke, has joined the bank as vice president / director of credit and commercial operations, while Wayne Webster, of Hartford, Connecticut, has been named vice president / commercial loan officer. 

 

Beaudry has 26 years of banking experience, and prior to joining Florence Bank, she held the positions of senior vice president chief credit officer, vice president senior credit officer, and portfolio manager. She is skilled in leadership, team collaboration, adaptability, and problem-solving.

 

In her new role, Beaudry will manage the Commercial Credit Department and oversee the Commercial Loan Administration Department. She will assist senior management in the formulation of loan policy, strategic planning, budgeting, department structure, documentation, and maintaining the integrity of the loan portfolio. 

 

Beaudry holds a bachelor’s degree in business from Bay Path University, Longmeadow. She is a youth soccer coach and has also been named a 40 Under 40 by BusinessWest.

 

Webster has 30 years of banking experience, including 23 years specializing in commercial lending, commercial real estate finance, and credit risk management. He is skilled in building and managing high-performing loan portfolios, structuring complex financing solutions, and driving sustained revenue growth across diverse market cycles. 

 

In his role, Webster will develop, manage and deepen client relationships while supporting the bank’s strategic growth goals.

 

Webster holds a bachelor’s degree in English from University of Hartford, Connecticut. He serves on the Board for Bay Path University, Faith Tabernacle, and Horace Smith Fund.

 

President and CEO Matt Garrity is pleased to welcome the bank’s newest team members. “Liz and Wayne come to us with a wealth of experience in banking. Their prior experience and exceptional skillsets will be valuable additions to our commercial lending team, helping us strengthen commercial relationships and effectively managing loans for our customers,” said Garrity.