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.
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.