Post by Federal Reserve Bank of Boston

Anne Tangen’s path into community banking was shaped by her passion for mutual banks, where every dollar supports neighbors, small businesses, and the communities they call home. Tangen, the president and CEO of BankFive, serves on the Boston Fed’s Community Depository Institutions Advisory Council. As a council member, she provides on‑the‑ground insights into lending trends, customer needs, and the challenges facing New England’s local banks. “The real challenge is balancing it all,” Tangen said in a conversation with Allison Ross. “We want to invest in technology and stay relevant, while making sure customers can still see the difference a community bank provides.” Read more: