Leader Bank, celebrated its 5th Anniversary under the leadership of Sushil Tuli, Chairman and CEO, on May 8th with more than 75 people in attendance. Leader Bank opened its first branch in Arlington, MA and is the only community bank headquartered there. It opened its Arlington Center office in 2004 followed by the Central Square office in Cambridge in 2005. 

"We have achieved many important milestones and realized tremendous growth since my dream of opening a community bank became a reality. Five people were very dedicated to the realization of this dream. I worked very closely with my organizers and board members Nitin Nohria (A Professor at Harvard Business School), Dr. Donald Korb (A Optometrist in Boston), Eric Silverman (MIT Salon School Graduate, investor) and Jim McKenna (An Attorney), Don Jennings (A banker) to make Leader Bank a strong financial institution that we are celebrating," said Tuli.

Leader Bank takes great pride in the Arlington Community and has sponsored numerous events including Shop Arlington First, Feast of the East and Town Day along with contributing to the Arlington Boys and Girls Club, Fidelity House, Arlington Children’s Fund, and the Arlington High School Boys and Girls Hockey Program. In the past five years Leader Bank has grown to over $200 million in assets.

During the ceremonies, Sushil Tuli and Leader bank was presented with an Official Citation from the Commonwealth of Massachusetts State Senate by Bob Havern and a Town Proclamation by the Office of the Arlington Board of Selectmen by Jack Hurd recognizing his contributions to the city and the state. In addition, Leader Bank has been a strong supporter of the Indian American community by being part of TiE, Indian Association of Greater Boston and various other regional and cultural organizations.

Other guests included Will Brownberger – State Representative, Stephen Gilligan – Town Treasurer, Dan Forte – President, Mass Bankers Association,  Pricilla Douglas, PhD Advisory Board Member (used to be Secretary of Consumer Affairs under Governor Bill Weld), Bob McSweeney, Advisory Board Member, Carl Famiglietti – CPA, Advisory Board Member,  Nitin Nohria, Board Member, Eric Silverman, Board Member, Michele Meagher, Executive Director, Arlington Chamber of Commerce and Christine Dixon – CEO, Visiting Nurses Association.

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