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Esther Schlorholtz Named Chair of Board of Directors of the Massachusetts Community & Banking Council
Esther Schlorholtz Named Chair of Board of Directors of the Massachusetts Community & Banking Council
Published 04-07-05
Submitted by Boston Private Bank & Trust Company
MCBC was established in 1990 to encourage community investment in low- and moderate-income and minority neighborhoods. MCBC brings together community and bank representatives to promote better understanding of the credit and financial needs of lower-income neighborhoods.
As Corporate CRA Officer and Senior Vice President of Boston Private, a full service commercial bank headquartered in Boston, with assets of $1.8 billion, Ms. Schlorholtz is responsible for designing and implementing residential, small business and commercial community development products and services for the bank. She also originates affordable housing and community economic development lending business, oversees the Bank's active involvement in the community reinvestment programs of the Federal Home Loan Bank of Boston, and manages the Bank's CRA investment and charitable donations program.
David Harris, Vice Chair of MCBC and director of the Fair Housing Center of Greater Boston, said, "Since 1996, Esther has played an important role in shaping MCBC's programs. She brings enormous energy and experience to Boston's affordable housing and community economic development issues. She is highly skilled at generating partnerships that make community investment programs so successful. MCBC is fortunate to have her as Board Chair for 2005 and I look forward to working closely with her to continue MCBC's record of achievement."
Mark Thompson, CEO of Boston Private, commented, "Esther Schlorholtz has a deep understanding of the role that business must play in strengthening the community by providing housing and resources to build positive, hopeful environments for families. Through her work, the bank consistently receives an outstanding rating for our CRA compliance initiatives. Esther is a superb business person and represents the highest values of Boston Private Bank."
On March 2, 2005 the Jewish Alliance for Law & Social Action (JALSA) presented Ms. Schlorholtz with the 2005 Distinguished Community Leadership Award, which recognizes those in Greater Boston who have demonstrated outstanding service in the community. She was also recently named to the Board of the Small Business Assistance Advisory Council of the Commonwealth of Massachusetts Department of Business and Technology.
About Esther Schlorholtz
Currently, Ms. Schlorholtz is Chair of the Board of Directors of the Massachusetts Community & Banking Council (MCBC). She is co-chair of the MCBC Economic Development Committee, former co-chair of the Affordable Housing Committee and a member of the Mortgage Lending Committee. She serves on the Board of Directors, Executive Committee and Housing Development Committee of the Metropolitan Boston Housing Partnership (MBHP). She is a member of the Board of Directors and various committees of the Citizens' Housing and Planning Association (CHAPA). She is a member of the Massachusetts Housing Investment Corporation's Loan Committee and the New Markets Tax Credit Committee. She serves on the Investment Committee of the Property and Casualty Initiative. She is co-chair of Uniting Citizens for Housing Affordability in Newton (U-CHAN). She is on the Board of Overseers of Rogerson Communities and is involved in numerous other community development initiatives.
Ms. Schlorholtz served as a member of Boston Mayor Thomas Menino's Leading the Way II committee recommending on affordable housing financing and development strategies, and she recently served on Mayor Menino's Blue Ribbon Housing Finance Panel. She also recently served on the Board of the Hyde-Jackson Main Street Program, the Shirley-Eustis House Board of Overseers and the Board of Historic Neighborhoods.
About Boston Private Bank & Trust Company
Established in 1987, Boston Private Bank offers deposit and cash management services, residential mortgages, investment management services, and commercial banking for both individuals and businesses. The Bank is a leader in residential lending and provides commercial banking services to many of New England's leading small and mid-size corporations. Under its Accessible Banking program, the Bank is an active provider of real estate financing for affordable housing, economic development, and small businesses. Boston Private Bank's investment management emphasis is on mid- to large-cap equity and actively managed fixed income portfolios. For further information, visit bostonprivatebank.com.
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