A former Manchester-by-the-Sea selectwoman with banking experience is Cape Ann Savings Bank’s newest trustee.
Margaret “Muffin” Noonan Driscoll was appointed as a trustee by unanimous vote at the the Cape Ann Savings Bank Board of Trustees’ quarterly meeting on July 24.
“Margaret ‘Muffin’ Driscoll has many of the characteristics that we look for in a trustee,” bank President Marianne Smith said in a prepared statement. “She is deeply dedicated to the Manchester community as exhibited by amongst other things, her years of service on the Manchester Affordable Trust and the Manchester Board of Selectman. She is a lifelong resident and worked in the community for many years, and as an added bonus, she has past banking experience. Muffin grew up with long standing roots in Manchester-by-the-Sea and holds true to the cornerstones set forth by her family of hard work, public service, and generosity.”
Driscoll worked for the Warren Five Cents Savings Bank for more than 10 years, then spent two decades working in the Manchester Essex Regional School District before accepting a position working with the dean of students at Bishop Fenwick High School in Peabody.
She sits on and is secretary of the Action Inc. Board of Directors, is a founding member of the Hooper Fund’s Board of Directors and has volunteered with several local non-profit organizations. Driscoll is a corporator of Cape Ann Savings Bank, a position she has held since 2019.
In Manchester-by-the-Sea municipal government, Driscoll volunteered on a committee to explore affordable housing development, has served as a member of the Manchester Affordable Housing Trust since 2016, chairs the Parks & Recreation Committee, and is the former vice chair of the Board of Selectmen, having served from 2011-2020.
A graduate of Manchester High School, she received a certificate in paralegal studies through Salem State College. She and her husband reside in Manchester-by-the-Sea and are the parents of two adult children and grandparents to a 1-year-old granddaughter.
Cape Ann Savings Bank, founded in 1846, offers accounts, products and services to support customers’ financial goals and help grow businesses. The bank’s main office is at 109 Main St., with branches at 38 Rogers St. and 4 School House Road in Gloucester, 247 Main St. in Rockport, and 17 Beach St. in Manchester-by-the-Sea. More information may be found online at capeannsavings.bank.