Personnel File – No. 379
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Cambridge Savings Bank Makes Another Senior Leadership Change
Cambridge Savings Bank has made another senior leadership change, promoting Daniel Carey to senior vice president and chief financial officer.
A Digital Bank Unlocks Transformation
In just two years, Cambridge Savings Bank’s new digital-only brand Ivy Bank had hauled in over $500 million in deposits. Kevin McGuire is the executive responsible for the technology that made it happen.
Community Good Works
The Cummings Foundation, the philanthropic arm of suburban Boston CRE giant Cummings Properties, gave $2 million to Regis College to help train more nurses and establish a healthcare clinic in Woburn. See who else gave back.
Cambridge Savings Bank Names New President and CEO
Wayne Patenaude will step down as Cambridge Savings Bank’s president and chief executive officer on Feb. 28, and will be replaced by USAA executive Ryan A. Bailey.
Cambridge Savings Bank CEO to Retire
The head of one of the region’s 10 biggest banks, Cambridge Savings Bank, said he plans to retire after slightly over 10 years at the bank’s helm.
Community Good Works
Berkshire Bank volunteers packaged over 47,000 meals that were then donated to Veterans at Veterans Inc. and the Worcester Food Pantry during its annual X-Day, bank-wide volunteer event. See who else gave back.
Eastern Bank Files to Buy Cambridge Trust
Boston-based Eastern Bank will buy Cambridge Trust and sell its insurance division according to documents filed with the Securities and Exchange Commission after the close of trading Tuesday.
Community Good Works
Eight Massachusetts banks banded together to raise $300,000 for the nonprofit Heading Home, which works to end homelessness. See who else gave back.
CSB’s Digital Ivy Bank Reports Over $530M in Deposits in 2 Years
Since launching as a digital-only bank two years ago, Ivy Bank has already over $530 million in deposits and 6,600 national customers.
Cambridge Savings Gives $100K to Support Black-Owned Businesses
On top of the grant, the bank will also provide mentorship to minority entrepreneurs, as well as small businesses underwriting training for the Cambridge Equity Fund task force.
Personnel File – No. 332
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Personnel File – No. 330
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Cambridge Savings Bank Provides Financing for Formaggio Kitchen
Cambridge Savings Bank has provided $5.3 million in lending to support new ownership of Formaggio Kitchen, a regional chain of gourmet food stores.
Cambridge Savings Bank Leads $93M Loan for Innes Project
The redevelopment of Chelsea’s Innes Apartments has received a $93 million construction loan led by Cambridge Savings Bank, the bank said in a statement yesterday.
How to Double a Bank’s Size in 10 Years
Wayne Patenaude has overseen major growth in his 10 years leading Cambridge Savings Bank, growth powered by an expanding commercial lending operation and the launch of a national digital bank.
Developers, Chelsea Officials Break Ground on Big Public Housing Revamp
City officials, representatives from Cambridge Savings Bank and developers from Marcus Partners, Joseph J. Corcoran Company and John M. Corcoran & Company broke ground Wednesday afternoon on a redevelopment of a Chelsea public housing project.
Cambridge Savings Bank Finances Apartments in Winchester
Two apartment building projects that will bring about 60 affordable housing units to Winchester have received financing from Cambridge Savings Bank.
Banks Respond to Equity Concerns with Financial Education for New Entrepreneurs
The pandemic startup surge is showing little sign of abating, and some local banks are expanding their financial education programming to support new – particularly minority – business owners, and perhaps win new customers along the way.
Personnel File No. 285
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
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