Claremont in N.H. Hires Ex-Union Savings CFO as Future CEO

Claremont Savings Bank in New Hampshire has found a successor to Chief Executive Sherwood Moody.

The $365 million-asset mutual thrift has appointed David Birkins to the position of chief operating officer. He is expected to succeed Moody as CEO upon Moody's retirement in April.

Birkins previously was chief financial officer and chief operating officer at SmartPay Solutions in Southington, Conn., according to his LinkedIn profile.

Birkins also previously served as chief financial officer at the $2.2 billion-asset Union Savings Bank, a mutual thrift in Danbury, Conn. He also worked as chief financial officer at North American Bank & Trust in Waterbury, Conn., which was acquired by Webster Financial in Waterbury.

"We have a high quality, experienced management team and I have no doubt that David will enhance this leadership group," Moody said in news release.

Moody joined Claremont in 1996 and started its commercial lending department in 2006. He previously worked for the Farm Credit System in Baltimore. Moody will remain a corporator and member of the board of trustees at Claremont after his retirement as CEO.

Claremont was founded in 1907 and operates six branches in Claremont, Charlestown and Cornish Flat, N.H.; and Springfield, Vermont.

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