Woburn, Massachusetts, April 21, 2022 – Northern Bank, a full-service community and business bank, today announced the appointment of Jessica P. D’Angelo as its new Head of Franchise and Restaurant Lending.
D’Angelo, who joined Northern Bank in 2009 as a part-time teller in Chelmsford, has held several roles of increased responsibility in the bank’s retail and commercial lending divisions.
“Jessica brings experience, energy and leadership to this newly created position that will serve our customers well,” said Jim Mawn, President and CEO of Northern Bank. “It’s been a pleasure watching Jessica rise in her banking career and we all wish her continued success.”
In her new role, D’Angelo will manage a team of franchise and restaurant lenders, credit analysts and support staff as they develop existing customer relationships and create new ones.
Northern Bank started its franchise lending business more than 25 years ago and today its clients own businesses in 22 states for leading brands such as Burger King and Dunkin’. Many call on the bank’s commercial lending and cash management services to support cash flow, remodeling, new equipment and acquisition needs.
Northern Bank, which has grown its assets by 290 percent over the last 10 years to $2.87 billion, has seen tremendous growth in franchise lending, which it considers the cornerstone of its business lending program.
D’Angelo, who lives in Chelmsford with her husband and daughter, received her B.A. degree in Biology in 2009 from Saint Anselm College. In 2019, she earned a Master’s degree in Banking and Financial Services Management from Boston University.
