EBTC - Enterprise Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Enterprise Bancorp, Inc.

222 Merrimack Street
Lowell, MA 01852
United States
978-459-9000
http://www.enterprisebanking.com

SectorFinancial Services
IndustrySavings & Cooperative Banks
Full Time Employees508

Key Executives

NameTitlePayExercisedYear Born
Mr. George L. DuncanFounder & Exec. Chairman703.64kN/A1940
Mr. John P. Clancy Jr.CEO & Director852.99kN/A1958
Mr. Richard W. MainPres & Director521.47kN/A1947
Mr. James A. MarcotteExec. VP, Treasurer & CFO397.67kN/A1958
Mr. Stephen J. IrishExec. VP, MD-Wealth Management & COO500.08kN/A1955
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that provides banking products and services primarily in the Greater Merrimack Valley, Nashoba Valley, and North Central regions of Massachusetts and Southern New Hampshire. The company offers commercial and retail deposit products, including transactional checking accounts, non-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. It also provides commercial mortgage loans, construction and land development loans, secured and unsecured commercial loans and lines of credit, and letters of credit, as well as equipment lease financing services; and conventional residential mortgage loans, home equity loans and lines, residential construction loans on primary and secondary residences, and secured and unsecured personal loans and lines of credit. In addition, the company offers cash management services; customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; and insurance products, such as property and casualty, employee benefits, and risk-management solutions. As of January 24, 2019, it had 24 full-service branches located in the Massachusetts communities of Lowell, Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Methuen, Tewksbury, Tyngsborough, and Westford; and the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem, and Windham. The company primarily serves business entities, non-profit organizations, professional practices, and individuals. Enterprise Bancorp, Inc. was founded in 1989 and is headquartered in Lowell, Massachusetts.

Corporate Governance

Enterprise Bancorp, Inc.’s ISS Governance QualityScore as of April 1, 2019 is 6. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.