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DANIEL BRENNAN NAMED CFO, CHARLESBRIDGE, MHC

Daniel Brennan has been selected to serve as Chief Financial Officer of Charlesbridge MHC, the Mutual Holding Company of Dedham Savings and South Shore Bank, effective May 1, 2025, according to an announcement by Peter Brown, CEO and Chairman of the Board for Charlesbridge and President & CEO of Dedham Savings.

Stated Brown, “Since our affiliation came together, I have had the opportunity to get to know Dan and observe his dedication in providing insightful short and long-term recommendations, positioning us well for future growth. His ongoing contributions in his new role will continue to help us to achieve our affiliation goals.”

Brennan has served as Chief Financial Officer for South Shore Bank since 2017 and prior to that was the Treasurer and CFO of Braintree Cooperative. Brennan will replace Mark Ingalls, who is retiring after 14 years as CFO and COO of Dedham Savings.

“I am honored to accept this role at such an exciting time for our Company,” said Brennan. “Under the Holding Company, with our combined asset size, we’ve substantially increased our lending capabilities, and we have a tremendous opportunity for growth. Having worked as part of the leadership team, I have had an excellent view of how well-positioned we are to continue serving our clients throughout the region.”

Jim Dunphy, President & CEO of South Shore Bank and President of Charlesbridge, MHC, stated, “It has been a pleasure working with Dan since he joined the Bank. His expertise in shaping South Shore Bank’s growth strategy and managing investments makes him an excellent choice for the position of CFO at
Charlesbridge. Dan will be instrumental in setting the course for the long-term safety and stability of our banking enterprise.

Brennan is a graduate of Bentley University, with a degree in Finance and is a Certified Public Accountant. Committed to giving back to the community, he has served on the Board of the Italian Home for Children since 2011

About Charlesbridge, MHC

Charlesbridge is a mutual multi-bank holding company headquartered in Dedham, Massachusetts. Affiliate banks include Dedham Savings and South Shore Bank. Together, our banks offer a complete line of consumer and business deposit, lending, and digital banking services to MA-based clients. For those seeking to deliver the latest financial solutions rooted in trustworthy, high-quality service, Charlesbridge Group provides the operational support, resources, legacy, and innovative thinking to financial institutions so they can deliver a suite of flexible, personalized solutions designed to meet the evolving needs of our clients and our communities. Our local roots, dedication to the communities we serve, loyalty to our people, and commitment to excellence ensure that we remain a trusted partner in an ever-evolving financial journey, today and tomorrow. For more information, visit Charlesbridgegroup.com

About Dedham Savings

Incorporated in 1831, Dedham Savings is one of the oldest banks in Massachusetts still doing business under its original charter. The bank delivers technology-driven solutions in a client-centric way to promote the financial success of the individuals, families, businesses, and non-profit organizations in the communities it serves. Dedham Savings manages $2.4 billion in assets through full-service locations in Dedham, East Dedham, Needham, Norwood, Sharon, South Boston, Walpole, and Westwood, Massachusetts. All deposits are fully insured. Deposits are insured up to current FDIC (Federal Deposit Insurance Corporation) limits and by the DIF (Depositors Insurance Fund) for all additional balances, up to any amount. For more information, visit dedhamsavings.com.

About South Shore Bank

South Shore Bank is a full-service mutual bank with approximately $2.2 billion in assets. As a locally managed mutual bank, we believe the most valuable and enduring success is success that is shared. Together, we work to help our people, clients and communities thrive. With an extensive set of financial products, the Bank serves as a trusted advisor for business and personal clients as they navigate their unique financial journeys. All deposits are fully insured. Deposits are insured up to current FDIC (Federal Deposit Insurance Corporation) limits and by the DIF (Depositors Insurance Fund) for all additional balances, up to any amount. For more information, visit southshorebank.com.