The Milford National Bank

About Us

Milford National News 

Milford National Supports Milford Regional Medical Center Expansion

The Milford National presents the largest gift in the Bank's 165 year history, $500,000, to support Milford Regional Medical Center's building expansion. The Bank's donation will support a major capital initiative that will result in a new emergency department, intensive care unit and private patient rooms. 
"We know the values that make up a strong community, and believe there are few that are more important than quality healthcare. We are proud to partner with Milford Regional in this precedent-setting initiative, and are always ready to join hands with the Medical Center to provide a better life in our community. It is a mission we share with great pride," says Kristin Carvalho, president and CEO of Milford National. 
Pictured left to right: Martin Richman, executive director, Milford Regional Healthcare Foundation; Kristin Carvalho, president and CEO, Milford National Bank; and Francis M. Saba, CEO, Milford Regional. 


Milford National Provides Funds for Grant Field Fence

The Milford National donated $6,500 to Mendon Junior Baseball for building of the outfield fence at Grant Field. The Bank is the sole sponsor of this initiative.
"The new fence is a great enhancement to the facility. As a longtime supporter of area baseball leagues, we were very pleased to play a major role at Grant Field," noted Kristin Carvalho, President and CEO of Milford National.
Pictured: Milford National Bank President/CEO, Kristin Carvalho with Mendon Branch Manager, Cindy Saucier (to right of sign) and Sally Belanger, Assistant Branch Manager (to left of sign) along with participants of Mendon Junior Baseball.


Milford National Supports Franklin Elks 5K Road Race & Walk

The Milford National sponsored the Elks Care Elks Share 5K Road Race & Walk held on May 10th with a $1,000 donation.  Several Milford National employees participated in the 5k fundraiser supporting the Franklin Food Pantry and Wounded Warrior Project. 
We are pleased to announce two first place winners from The Milford National Bank Team: race winner Cort Francis, Customer Service Representative at our Mendon Branch. Cort is an avid runner who participates in several road races throughout the year. Also Rosanne Hickey, Loan Operations at our Main Office, winner of the first place medal in her age group.
Congratulations to Cort, Rosanne and The Milford National Team for a job well done! 


Cort Francis
First Place 


The Milford National Bank Team
Pictured from left to right is Michelle Motuzas,
Rosanne Hickey, Maureen Osborne, Shefali Desai
and Cort Francis 

Rosanne Hickey
First Place
in her age group 


Milford National Donates $3,500 to the Milford Lions Club Golf Tournament

To assist with the organization's support of the Milford Regional Medical Center, The Milford National Bank has donated $3,500 to the Milford Lions Club Annual Golf Tournament.
Proceeds from the 10th annual golf tournament will go towards the expansion of Milford Regional's new ER wing and the Lions goal to create a trauma room for victims of eye damage.
Pictured from left to right is Peter Mazzini, VP Milford National Bank and Milford Lions Club member; Kristin T. Carvalho, President & CEO Milford National Bank; and Nick Valorie, Milford Lions Club member and Golf Tournament Chairman.

Milford National Donates $7,750 to the Milford Daily News Charity Drive

Representatives from the Milford Daily News Charity Drive were presented with a $7,750 donation from the Milford National Charitable Foundation. Funds were used to assist the Salvation Army and the Milford Daily Bread Food Pantry.
Pictured from left to right is Captain Jessica Irwin, Salvation Army; Lois Shannon and Viola DeMaria, Daily Bread Food Pantry; Elizabeth Banks, Milford Daily News ManagingEditor; and Kristin Carvalho, Milford National Bank President and CEO 

Milford National Employees Raise Money for Project Just Because

Every Holiday season families in need go to Project Just Because so their children can have some kind of holiday. For the third year in a row, the Milford National Bank employees participated in "Wear Jeans to Work and Help Children in Need This Holiday Season." Kristin Carvalho, President and CEO of the Bank, agreed to match our employee's donations. Through the generosity of our employees and the Bank's match, we were pleased to present a check for $920 to Project Just Because. Thank you to everyone for participating!

Milford National Celebrates the Holiday Season

On Sunday, December 1st, the Bank participated in the Milford Santa Parade.  Thank you to our volunters for braving the weather and riding on the float. Although it was rainy, it didn't dampen our Holiday Spirit!  Thank you to our Main Street branch for inviting Bank employees along with their family and friends to stop in after the parade. We enjoyed hot cocoa and lots of tasty treats!
THANK YOU Frosty (Courtney Motuzas); Rudolph (Marsha McNamara); Michelle Motuzas, Jackie Sherman Herne; Reisa Xhafaj-Raines and her son Anders. 


Milford National Receptionist Participates in 5K Race

On November 28th, Milford National Bank was a sponsor of the 2013 Medway Turkey Trot Road Race.  Linda Zavalick (pictured left), receptionist at the Bank's 300 East Main Street office, participated in the Thanksgiving Day 5K to benefit Medway High School's Athletic Department.  Linda is an avid runner and participates in several races throughout the year.  We are proud to have her represent the Milford National.

Milford National Hosts Pumpkin Decorating Party

On Saturday, October 19th, our South Main Street, Milford, branch hosted a Kid's Pumpkin Decorating Party. The Bank provided pumpkins, decorations and refreshments. Thank you to the South Main Street staff for making this a successful event! The kids had a great time and went home with their decorated pumpkin and a bag of Tricky Treats.
     Click Here to view photos of the event. 

Our South Main Street staff pictured from left to right is Pattie Earl, Branch Officer; Lisa DiRaimo, Assistant Branch Manager; Christine Pratt and Michelle Motuzas, Customer Service Representatives.

Milford National Bank President and CEO, Kristin Carvalho, Supports WMRC Radiothon

On August 26th, Kristin Carvalho, Milford National Bank President & CEO, participated as a co-host in the annual WMRC Radiothon at the Milford Regional Medical Center's Annual Golf Classic. Funds raised by the radio station support the Oliva Fund for Cancer Care. 
The WMRC Radiothon has provided hundreds of thousands of dollars of assistance to the daily ongoing needs of cancer patients at Dana-Farber/Brigham and Women's Cancer Center at Milford Regional Medical Center. 

Pictured is Chamber member Tom Reardon and Kristin Carvalho, Milford National President and CEO.  

Milford National Donates $2,500 to Massachusetts Lions Eye Research Fund

Founded in October of 1950, Massachusetts Lions Eye Research Fund, Inc. (MLERFI) has one primary mission:
to fund research for the prevention and cure of eye-related diseases. Every dollar that is donated to MLERFI is used to fund new research projects.
The Lions major focus is fighting preventable blindness, however, they also perform many different kinds of community service projects including: caring for the environment, feeding the hungry, promoting diabetes awareness, serving youth, aiding seniors and the disabled, to name just a few.
The Milford National is proud to support the Lions Clubs.
Pictured is Dick Ferrucci, Massachusetts Lions Eye Research Fund, Inc. President and Kristin Carvalho, Milford National President and CEO.

Milford National Receives "Outstanding" CRA Rating

The Milford National Bank and Trust Company has received an “Outstanding” rating from the Massachusetts State Division of Banks for its Community Reinvestment Act (CRA) compliance. 
The CRA is a federal law designed to encourage commercial banks to help meet the needs of borrowers in all segments of their communities, including low-and moderate-income neighborhoods. Federal regulatory agencies examine banking institutions every two years for CRA compliance.  
“Very few banks achieve the ‘Outstanding’ rating so we are particularly pleased to have achieved this,” noted Kristin Carvalho, President/CEO of The Milford National. “As a community bank, our primary focus is to help people in this area buy homes and finance small businesses. Earning the ‘Outstanding’ rating is an indication that our efforts are successful.” 

Kristin Carvalho is Keynote Speaker at Women in Banking Conference

Milford National Bank President & CEO Kristin Carvalho was one of two keynote speakers at a Women in Banking conference on June 19th sponsored by the Massachusetts Bankers Association.
The program explored the latest research on women in the workplace and addressed how to better equip them with the tools to take risks to become better leaders and community bankers.  Approximately 100 women were in attendance.
"I was honored to represent The Milford National and participate in such an interesting and exciting program," noted Ms. Carvalho. "Women are shaping the future more than ever, not only as business leaders but as consumers. It is critical that we empower more women to take on leadership roles."
Pictured at the conference from left to right is Anna Pires, Branch Officer, Milford National; Dorothy Savarese, President & CEO, Cape Cod Five Cents Savings Bank; Kristin Carvalho, President & CEO, Milford National; and Reisa Xhafaj-Raines, Credit Analyst, Milford National.

Milford National is the Major Sponsor of Mendon Summerfest with a $3,000 Donation

The Milford National was the major event sponsor of Mendon's Summerfest again this year with a $3,000 donation.  This fundraiser supports improvements to Memorial Park and Nipmuc Youth Softball Programs. The Bank also participated in the days events with a raffle for boys and girls scooters and helmets. 
The Bank also participated in the Mendon Lions Club Strawberry Festival offering sand art bracelets and a Red Sox ticket raffle. 
Pictured from left to right is Marlene McIsaac, Customer Service Representative; and Cindy Saucier, Branch Officer of the Mendon Office, enjoying a strawberry shortcake while working the booth at the Strawberry Festival.
(Photo by Michelle Sanford, reprinted courtesy of the Upton Mendon Town Crier) 

Anna Pires Recognized at Annual Heritage Day of Portugal Awards Celebration 

Milford National Bank Branch Officer Anna Pires received the "Portuguese Heritage Award" at the Heritage Day of Portugal Celebration held on June 4th at the Statehouse. These awards recognize individuals who have excelled in their lives and who serve as role models.
"I can't speak highly enough of Anna and the contributions she has made to our organization, noted Milford National President & Ceo Kristin Carvalho. "We are very proud of her achievements outside the Bank and thrilled to see them recognized with this award."
Pictured from left to right is Kristin Carvalho, Milford National President & CEO; Consul General Paulo Cunha Alves, Consulate General of Portugal in Boston; and Anna Pires, Milford National Branch Officer.

Milford National Business Development Officer Participates in Tough Mudder Challenge

On June 1st, Shefali Desai, VP Business Development Officer, (pictured second from right) and her teammates participated in the Boston Tough Mudder Adventure Challenge.  Tough Mudder events are hardcore 10-12 mile obsticle courses designed by British Special Forces to test your all arouond strength, stamina, mental grit and camaraderie. The course consists of hills, mud, water, ropes, walls, electric shocks, and fire designed to push you to your limit.
To date more than 700,00 inspiring participants worldwide have raised more than $5 million for the Wounded Warrior Project.
Congratulations to Shefali and her teammates for completing the challenge!



300 East Main Street, Milford MA 01757
Phone 508-634-4100
FDIC Equal Housing Lender SBA Mass Housing