The Blackstone Valley

Milford Federal Savings and Loan Association appoints Joseph Fournier to Vice President - Treasurer/CFO post

MILFORD, MA (April 11, 2011) — Milford Federal Savings and Loan Association is pleased to announce the appointment of Joseph Fournier as Vice President - Treasurer/CFO, following the recent retirement of James Magyar. "Joe is an accomplished veteran in the banking industry, having held top positions in Finance throughout his career." said Cynthia A. Casey, President and CEO. "We look forward to working with Joe and welcome his expertise.

Before joining Milford Federal, Fournier served as Treasurer, Senior Vice President at The Bank of Fall River for 10 years. Previously he was Controller, VP at the Bank of Canton; and Finance Assistant VP at Attleboro Pawtucket Savings Bank. Fournier is a graduate of Bryant University, magna cum laude, and holds a bachelor of science in accounting and finance. He has also earned the CPA designation.

Fournier resides in Lincoln, RI, with his wife Lisa and his three sons, Michael, Daniel and Ryan.

About Milford Federal Savings and Loan
Established in 1887, Milford Federal Savings and Loan has been serving the banking needs of its neighbors and friends in the Greater Milford area, the Blackstone Valley, and Northern RI for 124 years. It operates through four conveniently located offices in Milford and Whitinsville, MA, and Woonsocket, RI, and can also be found on online at www.milfordfederal.com.

# # #

About the Chamber

The mission of the Blackstone Valley Chamber of Commerce is to promote the economic vitality of the Blackstone Valley and meet the needs of the Chamber's business members, while providing leadership on issues which impact the economy and quality of life in the Valley. The Blackstone Valley Chamber of Commerce serves the eleven towns in the Massachusetts BV Region: Blackstone, Douglas, Grafton, Hopedale, Mendon, Millbury, Millville, Northbridge, Sutton, Upton and Uxbridge. For more information on the Chamber please contact administrator@blackstonevalley.org or call 508 234 9090 X101.