TAUNTON – The Mechanics Cooperative Bank recently appointed Steven Borgerson as vice president of residential and consumer lending. Borgerson will ensure the bank’s residential lending department is actively supporting customer needs and the sales staff while ensuring program compliance.
President and CEO Joseph T. Baptista Jr. said Borgerson “can help support the diverse needs of our customers. His past banking and lending experiences at both larger and smaller institutions will provide an excellent and diverse perspective.”
Borgerson has been involved with residential mortgage and consumer lending for more than 30 years. He began his career as a residential loan officer working for local banking institutions and mortgage companies before joining Cambridgeport Bank in 1994. In 2003, Borgerson joined Rockland Trust as vice president and regional sales manager. He moved on to work for Meetinghouse Bank in 2011 as vice president and lending officer, and as Community Reinvestment Act officer. In his role as the senior lender he was responsible for program development, sales, serving and compliance.
Borgerson volunteers as a board member for Neighborworks of Southern Massachusetts, and the Adams Montessori School. He is a graduate of Boston University.
Mary Lhowe is a PBN contributing writer.
