BOSTON – First Trade Union Bank, a full-service bank with offices in Massachusetts, Rhode Island and New York, recently appointed a chief financial officer.
Paul S. Musgrove, whose will also serve as senior vice president, will manage all financial and compliance operations. Musgrove had most recently served as CFO at Nationwide Bank in Columbus, Ohio and has more than 17 years financial services experience.
“Paul is an excellent addition to the First Trade team,” said Michael Butler, First Trade’s president and CEO. “His experience working at larger financial institutions, coupled with a strong knowledge of the capital markets, will prove invaluable as we continue to align our capital with our plans for profitable growth.”
First Trade Union Bank, an FDIC member with more than $700 million in assets, focuses on serving middle market, small business, unions and government entities. Based in Boston, the bank has branches in Warwick and Hauppauge, N.Y. For information, visit www.ftub.com.
