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Press Release

Randolph Savings Bank to Become Envision Bank

Customers’ Entire Financial Well-Being is the Focus of the New Brand

Company Release - 2/12/2018 10:30 AM ET

STOUGHTON, Mass., Feb. 12, 2018 (GLOBE NEWSWIRE) -- Randolph Savings Bank announced today that effective March 12, 2018, it will be named Envision Bank. The name change reflects the Bank’s commitment to delivering a people + technology approach in support of healthier financial wellbeing for its customers and communities.

Jim McDonough, President and CEO of Randolph Savings Bank, states, “We are bringing a broad range of services and expertise to customers, all of which they can access with optimal convenience.  By adopting innovative online and mobile technologies and building a strong team of advisors, advocates, and educators, Envision Bank will continue to enable our customers to get things done from the comfort of their own home, while at the same time enjoying personal attention when they are engaged in more complex transactions. Every member of the Envision Bank team is focused on our customers and our communities – and we are committed to making a positive impact every day.”

The business of banking has rapidly evolved over the past decade and Randolph Savings Bank has kept pace. The Bank’s leadership has been agile in integrating contemporary digital technologies, continuously providing customers with a growing number of tools and services with which to manage their financial affairs on their own schedule. Along with driving continuous innovation, the Bank has honored its commitment as a community bank, above all, to delivering a personal customer experience.   As Envision Bank, lenders will continue to routinely meet their clients off-site or after hours to make the mortgage process easier, and branch colleagues will work to greet customers by name and provide valuable financial advice.

“Our evolution to Envision Bank has been a long time coming,” says McDonough. “Our name will better reflect our commitment to help customers manage the complete spectrum of their financial lives by providing technological tools along with face-to-face assistance from trustworthy experts who care.  Our core values of excellence, integrity and service will continue to inspire our customer and community service.”   He continues, “We know there are a lot of banks out there, but we believe that you will see a difference at Envision Bank.”

The name change is scheduled to take effect beginning March 12, 2018, at all locations and online.

About Randolph Savings Bank                 
Founded in 1851, Randolph Savings Bank is a Massachusetts-based community bank, serving households and businesses in Massachusetts, Rhode Island, and southern New Hampshire. The bank is a top regional mortgage lender, as well as a leading provider of cash management and financing solutions to commercial businesses. It operates six full-service locations, three lending centers, and five mortgage production offices.  (NASDAQ:RNDB)

Richard Olson                                                                   

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Source: Randolph Bancorp, Inc.