Entrepreneur's  
Spotlight

Joe Campanelli joined Needham Bank in 2017 as Chief Executive Officer after a long and distinguished career building a successful business at commercial banks including Hartford National Bank, Shawmut Bank, Fleet Bank, Sovereign Bank, and Flagstar.  Joe played a leadership role in the branch acquisition and integration that took place when Sovereign Bank acquired the branches that Fleet Financial Group divested after its merger with Bank Boston Corp., which at the time was the largest branch and business divestiture in US banking history. As Chairman, CEO, and Director of Flagstar Bank, Joe led a turnaround to restore the bank to profitability.

An energetic and charismatic leader, Joe has a track record of leading transformational change. At Needham Bank, his focus has been on creating a future-ready super community bank offering all of the products, services, and technology that businesses and consumers need to build for their futures.  Under his leadership, the Bank has significantly increased its commercial lending portfolio, with a focus on small business, middle market, and larger corporate entities through a new Structured Finance Division. Today the Bank is able to provide substantial levels of credit and customize cash management services to a wide range of entities in diverse industries including renewable energy, manufacturing, and hospitality