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President's Message

April 19, 2010

North Brookfield Savings Bank continues to focus on meeting the financial needs of our community by adhering to core banking principles.

The Bank ended 2009 in very strong financial condition, with a capital ratio of 12.56% and asset growth of 5%. This stability positions us well for 2010, with plenty of liquidity for loans to consumers and businesses.

Our commitment to customer service shows in the way that we work with our customers to ensure that they understand all of their options and can make informed decisions in choosing the products that are appropriate for them.

We pride ourselves on being an active member of our community through our support for many non-profit organizations, with both funding and the many man hours that our employees spend volunteering their time and efforts.

We thank you for your continued patronage and look forward to an improving economy in 2010. Like many community banks, North Brookfield Savings Bank has been instrumental in fueling the growth of businesses, putting families in homes, and helping our customers to manage their money and save for the future.

If you have any questions or concerns please feel free to review our financial highlights and to contact us at 508-867-7442.

Sincerely,

Donna L. Boulanger
President & Chief Executive Officer


NORTH BROOKFIELD SAVINGS BANK

Officers and Corporation Members
In compliance with Section 30, Chapter 590, Acts of 1908 Following is a list of our Officers and Corporation Members of the
North Brookfield Savings Bank as of May 3, 2010.

CHAIRMAN OF THE BOARD
John J. Lane

CHIEF EXECUTIVE OFFICER/PRESIDENT
Donna L. Boulanger

SENIOR VICE PRESIDENTS
Margaret I. Carr
Patricia H. Sherman

VICE PRESIDENTS
Kirk P. Burnham
Dina A. Merwin
Stephen M. Quink

ASSISTANT TREASURER
Laurie A. Wisniewski

BRANCH MANAGERS
Mary Antinovitch
David Golden
Jack Lawlor
Pamela Weeks

CLERK OF THE CORPORATION
Alan R. Varnum

AUDIT COMMITTEE
Thomas C. Baker, III
Gregory Kline
Robert E. Pillsbury
Jeffrey A. Spencer
Alan R. Varnum

BOARD OF INVESTMENT
Blaise P. Berthiaume
Roland A. Gauthier
Stephen Howe
Sara Hunt
John J. Lane
John R.A. Lofgren

TRUSTEES
Thomas C. Baker, III
Blaise P. Berthiaume
Donna Boulanger
Roland A. Gauthier
Stephen Howe
Sara Hunt
Greg Kline
F. William Kobel, Jr.
John J. Lane
John R. A. Lofgren
Elizabeth Martinelli
Robert E. Pillsbury
Lloyd A. Rice
Jeffrey A. Spencer
Alan R. Varnum

HONORARY TRUSTEES
Arthur Allen, Jr.
Hudson R. Bennett
Harold R. Chesson, Jr.
Louis A. Petruzzi, Jr.

CORPORATORS
The Trustees and the following:
Mark H. Adams
Richard W. Barnes
Matthew C. Benvenuti
Matthew G. Benvenuti
Damien D. Berthiaume
Robert E. Bishop
Roger J. Charpentier, Jr.
Theresa A. Cuddy
Agnes Davis
Louis B. Grace
Wayne A. Granat
Richard Greene
William D. Herrick
Brenda Howland
Robert E. Hunt
Joseph J. Jannette
June F. Klem
John D. Krusell
Robert LaFlamme
Andrew J. Leach, Sr.
James P. McGinley, Jr.
Ernest A. Messier, Jr.
John J. Milks
Scott Norrie
William L. Parsons
Edward Reed
James St. Amand
Nancy J. Salem
David Snay
William Terry
Michael Toomey
Richard Varney
Maureen Wesoloski
John F. Willard, Jr.
Louise Woodard