Twenty-five years ago in 1988, George Duncan began the process of forming Enterprise Bank, which opened for business on January 3, 1989. Below is a heartfelt expression of thanks and deep admiration on behalf of the Board of Directors and 402 Enterprise Bank Employees in celebration of George’s 25th anniversary, and more importantly, in recognition and appreciation of the special person that he is.

Dear George,

Twenty-five years ago, you inspired and joined together a group of local visionaries to establish Enterprise Bank. You were then, and remain today, an entrepreneur with a dream and passion to create a special bank, one that values the entrepreneurial spirit and stimulates the local economy by creating new businesses and jobs, as well as a workplace where employees grow and prosper. Against the backdrop of a crippling recession and with great personal and professional risk, you committed to the dream of an independent, locally-owned and locally-managed community bank, founded on the core values of integrity, community, excellence, teamwork and professionalism.

At heart, we will always be a community bank where we measure our real success in individual relationships and upon the profound impact we make in our communities and in our customers’ lives. During Enterprise Bank’s first 24 years, we have grown from a single office location in Lowell to 20 branch offices in 16 communities throughout the Merrimack Valley, North Central Massachusetts and Southern New Hampshire. We have grown from 19 employees to the 402 Enterprise Family members we have today. We have reported 93 consecutive profitable quarters and 23 consecutive profitable years. This has all been accomplished through several economic highs and lows, but due to your wisdom and focus, we have remained strong throughout.

You have brought together our Enterprise Family, united by our core operating principles, a deep sense of purpose, customer focus, the pursuit of excellence, and our commitment to community service. You have created a culture where we trust, respect and care deeply for the people we work for and with, and where we take great pride in the work we do. Because of you, we are inspired to learn and grow to our greatest potential.

Above all, you have had a profound influence on the businesses and individuals who bank with Enterprise, and on the countless non-profit and cultural organizations that Enterprise supports through the generous contribution of employee hours and leadership.

George, on behalf of the Board of Directors and the grateful Employees of Enterprise Bank, we thank you for all you have done for us and all you do to create better communities for everyone. We offer congratulations on reaching the milestone of 25 successful years of turning your dream into a reality and helping so many other dreams come true. It is this passion, and our relationships with our customers, which will remain the foundation of our future success. For this, and for your inspiring leadership and vision in the many years to come, we thank you.

On behalf of our Enterprise Family,