By Diane McLaughlin on June 13, 2021


When Michael Welch became CEO of UniBank two years ago, he had no banking experience. What the Worcester native and longtime former headmaster of his alma mater, Saint John’s High School, did have was a background in service and finance – experience that has guided his approach to leading a mutual bank.

After graduating from Marquette University, Welch volunteered at the Pine Ridge Indian Reservation in South Dakota, one of the poorest communities in the U.S. and a place where he has returned intermittently over the years. After doing graduate work at Boston College, Welch had leadership roles at educational institutions, including in finance and fundraising. He became UniBank’s CEO in July 2019, and the Whitinsville-based bank recently passed the $2 billion-asset threshold.

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