Malmborg joins FSB Financial Group
SPRINGFIELD – FSB Financial Group, the investment division of Florence Savings Bank, announced that Joseph Malmborg of Springfield has joined their team as a financial services representative.
In this capacity, he will work with individuals and business owners to develop strategic, long term financial plans to help customers achieve their financial goals and objectives.
Malmborg comes to FSB Financial Group with a resume of 25 years of banking and investment management experience. Most recently, he was an investment advisor with United Bank, where he managed and developed a $30 million investment portfolio. He is additionally a former investment advisor at Banknorth, registered investment advisor with MassMutual, and business development manager at Fleet Financial. Malmborg began his career as a branch sales manager at SIS Bank.
The Westfield State University graduate is a licensed investment advisor representative with Commonwealth Financial Network, holding the Series 7 (General Securities) and Series 65 (Uniform Investment Adviser Law) licenses. He is also licensed to sell both life and health insurance.
Malmborg is a past director of the East Longmeadow Chamber of Commerce. His other community activities include teaching Junior Achievement, and being involved with Cursillo of Western Massachusetts.
Malmborg resides in Springfield with his wife Maria, and their two children. In his spare time, he enjoys woodworking and finish carpentry.
John F. Heaps Jr., president and CEO of Florence Savings Bank, said, “We are pleased to welcome Joe to our Investment Team. He will work closely with Jean Kelley and Nicole Domnarski to ensure that every FSB Financial Services client receives the highest degree of service and best possible investment advice in the Pioneer Valley.
“Joe’s extensive background and strong community involvement will make him an invaluable part of our team,” he added.