BankFive’s President and CEO Anne Tangen was announced today as a candidate for the American Bankers Association (ABA) Board of Directors. Tangen’s nomination highlights her decades of banking industry experience and successful leadership at BankFive, a mutual bank with 18 locations in Massachusetts and Rhode Island.
The ABA is the largest banking trade association in the U.S., representing banks of all sizes and charters. Tangen is one of seven banking leaders from across the country to be nominated for a Board of Directors position, a role in which members are tasked with making key strategic decisions, such as providing guidance to ensure the ABA fulfills its mission to support American banks.
“I am honored to be considered for this role and have the opportunity to represent the interests of community banks like Bank Five across the country,” said Tangen. “The ABA is a powerful voice that has advocated on behalf of America’s banks for centuries, and I look forward to being a part of this important work.”
Tangen has served as BankFive’s President and CEO since 2020. The bank has seen significant success under Tangen’s leadership, including an expanded focus on giving back to the community through its Charitable Giving Program. Before this role, Tangen held a 14-year tenure at Fidelity Investments, served as Executive Vice President at State Street Bank, and served as COO and CIO at Cape Cod Cooperative Bank.
“Anne’s deep understanding of community banking makes her an invaluable asset to the ABA Board,” said BankFive’s Chairman, William H. Lapointe. “We’re incredibly proud to have our CEO representing BankFive on a national level and helping shape the future of America’s banks.”
The election results will be announced following the ABA’s annual meeting on Oct. 21 in Charlotte, N.C.
The ABA is the largest banking trade association in the U.S., representing banks of all sizes and charters. Tangen is one of seven banking leaders from across the country to be nominated for a Board of Directors position, a role in which members are tasked with making key strategic decisions, such as providing guidance to ensure the ABA fulfills its mission to support American banks.
“I am honored to be considered for this role and have the opportunity to represent the interests of community banks like Bank Five across the country,” said Tangen. “The ABA is a powerful voice that has advocated on behalf of America’s banks for centuries, and I look forward to being a part of this important work.”
Tangen has served as BankFive’s President and CEO since 2020. The bank has seen significant success under Tangen’s leadership, including an expanded focus on giving back to the community through its Charitable Giving Program. Before this role, Tangen held a 14-year tenure at Fidelity Investments, served as Executive Vice President at State Street Bank, and served as COO and CIO at Cape Cod Cooperative Bank.
“Anne’s deep understanding of community banking makes her an invaluable asset to the ABA Board,” said BankFive’s Chairman, William H. Lapointe. “We’re incredibly proud to have our CEO representing BankFive on a national level and helping shape the future of America’s banks.”
The election results will be announced following the ABA’s annual meeting on Oct. 21 in Charlotte, N.C.