Peter J. Russell
VP Retail Lending Business Development Officer

NMLS Registry Number – 710940

112 Central Street
Winchendon MA 01475

Office: 978-321-5025
Fax: 978-297-0718


Business Hours: Monday through Friday 8:00 a.m. - 5:00 p.m.

Lending Area:  Serving Winchendon and surrounding communities.

Peter Russell joined the Athol Savings Bank lending team in 1996 following more than a decade of lending experience with other local banks. He is responsible for retail lending business development.  He is experienced as a commercial and residential loan officer.

Peter graduated from the University of Massachusetts in 1980.  He has instructed first-time homebuyer classes at the Greater Gardner Community Development Corporation and is a Director of the Builders Association of Central Massachusetts.  Peter also serves and supports the Clark Memorial YMCA in Winchendon.

LAND/CONSTRUCTION LOANS: Athol Savings Bank offers competitive land, development and construction loans. Please contact me to discuss details and to get started.



Athol Savings Bank is proud to provide new and existing customers with modern technology and advanced services to fulfill their banking needs online. Applying for mortgages and home equity loans online is easy.

  1. Check Rates to get a personalized quote to suit your needs.
  2. Apply Now and complete the application. A Loan Officer will be assigned to you based on the subject property location after you submit your application.
  3. Choose a Loan Officer if you prefer to work with a particular Loan Officer.
  4. Click Loan Status/View Disclosures if you have already started an application and would like to log in to your profile to check the status or review your disclosures.

Want to have personal assistance?

You can call or email me to answer any of your questions or to ask for advice.


We offer pre-qualifications, so you can shop for your home knowing that you can afford the mortgage.

Confused about which program to choose?

We offer a variety of loan options to choose from including fixed rate mortgages and adjustable rate mortgages. I will assist you with explanations of each program on the site and I am always just a call or email away!