Albert Hale Waite, a bank executive, was born in Quincy, Massachusetts in 1901. He attended Quincy High School, Northeastern University School of Law, and the American Institute of Banking. He was a member of the Northeastern School of Law class of 1933. Waite lived in Swampscott, Massachusetts for over 50 years, and served as Vice President and Trust Officer of the New England Merchants Bank of Boston.