Whitinsville, MA — UniBank today announced that Chief Executive Officer Michael Welch has informed the Board of Directors of his decision to step down from his role effective in June of 2026.

Tim Wickstrom, Chairman of the UniBank Board of Directors, expressed appreciation for Welch’s impact on the bank and the communities it serves.

“Michael has been an exceptional leader for UniBank,” Wickstrom said. “His commitment to our customers, his dedication to community involvement, and his vision for expanding our brand presence have strengthened UniBank in lasting ways. We are grateful for his service and wish him continued success in his next chapter.”

During his tenure as CEO, Welch led significant growth in UniBank’s community engagement efforts, expanding charitable giving initiatives and championing a highly personalized approach to customer service. Welch also helped elevate the bank’s visibility through increased brand partnerships, including UniBank’s presence at Polar Park and other major community institutions.

Welch has also been a thoughtful advocate for the business community across Worcester and the Blackstone Valley, helping strengthen the region’s economic outlook and reinforcing UniBank’s role as a committed local partner.

A formal search process to identify the next CEO is underway. 

“It has been an honor to lead UniBank,” Welch said. “I am grateful to our dedicated employees and proud of all we have accomplished together in service to our customers and communities. I look forward to continuing that work over the next several months and ensuring a smooth transition.”

About UniBank

UniBank is a full-service, community-oriented financial institution serving Worcester County and the Blackstone Valley. With a longstanding commitment to customer service, community partnership, and financial strength, UniBank continues to support individuals, families, and businesses throughout the region.