Enterprise Bank Ribbon Cutting


The definition of the word enterprise: a project or undertaking, typically one that is difficult or requires effort.

Three decades ago, Lowell native George Duncan put in the effort in founding a community bank with an entrepreneurial vision to help create successful businesses, opportunities, wealth and vibrant, prosperous communities.  The name of the bank,  fittingly, was Enterprise Bank.


Peter Aucella, George Duncan, Mayor William Samaras

DSC_0725defaultAs the local institution prepares to celebrate its 30th anniversary, the bank also welcomed the new addition of a newly expanded Mortgage Center at 170 Merrimack St with a ribbon cutting ceremony.

Dozens of guests attended the grand opening event in the new first floor offices including former City Councilor Kevin Broderick, former Mayor and current City Councilor Edward Kennedy, Joe Hungler of the Boys and Girls Club, and many others.


The speaking program featured remarks from the Mayor, City Manager Eileen Donoghue, and Enterprise’s Diane Silva and Jack Clancey.

Mayor Samaras presented a proclamation, announcing that August 22nd, 2018 was ENTERPRISE BANK DAY in the City of Lowell.


Whereas 30 years ago, Enterprise Bank was founded with an entrepreneurial vision to help create successful businesses, opportunities, wealth and vibrant, prosperous communities. The bank has stayed true to this vision and will always be a community bank, leading with a deep sense of mission and purpose; and

Whereas Throughout the years, Enterprise Bank’s founder, George Duncan has been a steadfast champion for the City of Lowell and a foremost contributor to the revitalization of Downtown Lowell.  In addition to the bank’s impact, George, along with his wife Carol, has contributed innumerable time, resources, and passion to numerous organizations and initiatives to improve the quality of life in our community; and

Whereas Today, the City of Lowell celebrates the opening of the Mortgage Center at Enterprise Bank.  This new center will provide a wide range of programs and services to meet the home financing needs of area families and residents.

Therefore, I,  William J. Samaras, Mayor, do hereby proclaim August 22nd, 2018 as:  “ENTERPRISE BANK DAY” in the City of Lowell in celebration of the opening of the Enterprise Bank Mortgage Center, and encourage all residents to join in the celebration

Given this 22nd day of August , 2018

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