NB Bancorp (the “Company”) is pleased to announce that Kenneth C. Montgomery has been elected to the Board of Directors of both the Company and its subsidiary, Needham Bank. Mr. Montgomery most recently served as a First Vice President and Chief Operating Officer at the Federal Reserve Bank of Boston, overseeing critical initiatives, including the design, development and market launch of the FedNow Service program aimed at advancing the United States’ payment system. From October 2021 to June 2022, Mr. Montgomery served as interim...