William Rucci Elected to MASSBANK Board of Directors

4.4.2005

William F. Rucci, Jr., a partner of the Malden, Mass.- based CPA and business advisory firm, Rucci, Bardaro & Barrett, PC, has been elected to the Board of Directors of MASSBANK Corp., it was announced today.

Mr. Rucci, a certified public accountant, will serve as a member of the company's Audit Committee and ALCO Committee. "Bill's substantial experience in the community banking field will be an important addition to the company," said MASSBANK Corp. Chairman, President and CEO, Gerard Brandi.

MASSBANK Corp. (Nasdaq: MASB) is the holding company for MASSBANK, which operates 15 branches north of Boston in the communities of Reading, Chelmsford, Dracut, Everett, Lowell, Medford, Melrose, Stoneham, Tewksbury, Westford and Wilmington. The bank's retail products include checking, savings, money market, and NOW accounts, as well as certificates of deposit and individual retirement accounts. The company's loan portfolio is dominated by conventional residential mortgages to customers that live or work within the bank's market area.

Founded in 1987, Rucci, Bardaro & Barrett provides business, tax and financial planning consultation and services to individuals and to companies in an array of industries. The firm is the Boston-area affiliate of Russell Bedford International (RBI), an international accountancy network of member firms in more than 50 countries.