Greenfield Cooperative Bank CEO retires after 42 years in banking

  • Mike Tucker, CEO of Greenfield Cooperative Bank, recently retired after 42 years in banking. Contributed photo

  • Greenfield Cooperative Bank’s new President and CEO Anthony “Tony” Worden, who is succeeding Mike Tucker. Staff File Photo/Paul Franz

Staff Writer
Published: 1/26/2022 8:58:52 AM
Modified: 1/26/2022 8:57:36 AM

GREENFIELD — When Mike Tucker started as a teller in Springfield just over 40 years ago, the world of banking looked a bit different.

“We still did everything by adding machines,” said Tucker, who retired in December as CEO of Greenfield Cooperative Bank. “We closed the bank by 3 p.m., but it took until 5 p.m. to get the calculations done. The technology is so much faster, and so much more accurate.”

Tucker began his career at the Springfield Institution for Savings, where he worked for 19 years. From there, he moved onto Easthampton Savings Bank for about three years before the board of directors at Greenfield Cooperative Bank approached him about taking over as CEO in Greenfield.

“It’s worked out well,” he said of his 42-year career in banking.

The Easthampton resident said he has watched as banking grew from a brick-and-mortar business into a remote one. Mobile banking, he noted, has become the “fastest growing branch” of banking.

“Forty-two years ago, the only people looking at mobile devices was Dick Tracy in the comics,” he joked.

With the merger of the Greenfield Cooperative Bank and Northampton Cooperative Bank in 2015, the bank underwent significant changes in its tenure, he recalled.

“It expanded our reach from Franklin County into Hampshire County for the first time, and it’s worked out quite well,” Tucker said. “That was a big plus. We’ve grown from $170 million to $800 million in assets, and three offices to 10 offices, so it’s been a big change.”

Last year, Tucker decided he was ready for a change.

“I’m almost 66,” he said. “I’ve been in business for a long time. … My wife and I want to travel. We’re still mobile and healthy, and we want to travel.”

Up until now, trips have had to be on the shorter side, “because we always had to go back to work.”

Tucker will continue with the bank in an advisory capacity, he noted. He’ll remain part of the bank’s “collective memory,” adding to the 10 years of experience of Chief Operating Officer Anthony “Tony” Worden, who is succeeding him.

Over the last year, Tucker has helped Worden transition into his new role. He feels the bank is in “great hands” with Worden.

“He’s a known quantity for our board and our employees,” Tucker said. “So that was a big plus, because he’s been with us for 12 years.”

Worden is a director, Executive Committee member and former chair of the Governance Committee for the United Way of the Franklin and Hampshire Region; a former director of the Franklin County Community Development Corporation; and a former director of Berkshire Brewing Co. in South Deerfield. Worden received his bachelor’s degree from the University of Massachusetts Amherst and his master’s degree from the Isenberg School of Management at UMass.


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