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What a great way to start 2018! (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) Earning and maintaining this top 5-Star rating for 88 consecutive quarters puts Savers Bank in an even more prominent position as a “Sustained Superiority Bank”. This designation is reserved for the Top 10%. These banks have maintained Bauer’s highest rating longer than 90% of the industry, proving once again that Savers Bank is among the strongest in the industry.
“Because community banks put their focus on local people and small businesses, they are perfectly positioned to provide the specialized support that is unique to their area,” acknowledges Karen L. Dorway, president of BauerFinancial. “Community banks, like Savers Bank, promote local growth by investing back into the same neighborhoods that their deposits come from. By fostering these local relationships, they achieve two goals: they are highly capitalized and they are accountable to their customers.”
Savers Bank, Southbridge, Massachusetts is honored to announce it has once again earned BAUERFINANCIAL Inc.’s highest 5-Star Superior rating. Earning and sustaining Bauer’s highest rating for the most recent 81 consecutive quarters puts Savers Bank in an even more elite group of “Sustained Superiority Banks”. This designation is only available to the top 10%, those banks that have maintained their 5-Star rating for longer than 90% of the industry.
BAUERFINANCIAL Inc., Coral Gables, Florida, the nation’s bank rating firm, has been analyzing and reporting on the nation’s banks since 1983… providing ratings you can trust. A 5-Star rating by Bauer indicates that Savers Bank is one of the strongest banks in the nation, excelling in such areas as capital, loan quality, profitability and much more.
Karen L. Dorway, president of BauerFinancial, recognizes that, “As market conditions continue to change, banking institutions must be adept enough to evolve with them. With Savers Bank’s stellar financial condition and track record, we have no doubt in its ability to do so. The community is privileged to have such a strong financial partner in its midst.”
Established in 1910, Savers Bank has been serving its neighbors for the past 106 years. Today it operates through conveniently located branch offices in Southbridge, Uxbridge, Auburn, Grafton, Charlton and Sturbridge and can also be found on the internet at saversbank.com.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting bauerfinancial.com.
Coral Gables, Florida, BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to announce that Savers Bank, Southbridge, Massachusetts has once again been awarded its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 92 consecutive quarters, makes its status indisputable as one of the top 10% of banks in the nation in terms of its strength. This “Sustained Superiority” designation is reserved specifically for banks that have earned Bauer’s highest rating consistently for longer than 90% of the industry.
“Savers Bank’s ability to excel and consistently deliver a stellar financial performance, is a true testament to its values and dedication,” remarks Karen Dorway, president of BauerFinancial. “Through an unwavering commitment to its customers and personal relationships, Savers Bank has distinguished itself as one of the strongest banks in the nation.”
Established in 1910, Savers Bank has been building relationships and providing personalized solutions for its customers for 109 years. Today it operates through six conveniently located offices in Southbridge, Uxbridge, Auburn, Grafton, Charlton and Sturbridge and can also be found online at saversbank.com.
Savers Bank: “Simply Better.”
Member FDIC, SIF and Equal Housing Lender
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
BauerFinancial, Inc. P.O. Box 143520, Coral Gables, FL 33114.
Southbridge, MA— Savers Bank announced at the annual meeting held on April 10, 2017 the promotion of Rosemary Picard to Chief Operating Officer. Picard, who joined Savers Bank in 2014, will oversee all aspects of banking operations while maintaining her role as Senior Vice President and Chief Financial Officer and will continue to report Joe Coderre, President & CEO of Savers Bank“Rosemary is a strong member of the Savers Bank executive team and we’re excited for her to now serve as the Chief Operating Officer in addition to her CFO role with the company,” said Joe Coderre, President & CEO of Savers Bank. “Her expertise and leadership have been invaluable and look forward to her insight as COO as we position Savers Bank to be the leading community bank of Central Massachusetts.”
In her expanded role, Rosemary will oversee the executive team responsible for Operations, Retail Banking, Marketing and Information Technology and will proactively drive industry leading practices to ensure customers receive the latest in financial solutions that are available.
Prior to joining Savers Bank, Rosemary served as Chief Financial Officer and Treasurer for Dean Bank. She was also a Senior Accountant for Piccerelli, Gilstein, & Co, LLP located in Providence, RI.
Rosemary graduated with honors from University of Massachusetts Dartmouth with a Bachelor of Science degree in Accounting. She is an active member of the Massachusetts Society of Certified public Accountants, the Boston chapter of the Financial Managers Society and serves on the board of New Hope. Rosemary resides in Hopkinton with her husband and Son.
About Savers Bank
Savers Bank is a full service community bank with offices in Southbridge, Uxbridge, Auburn, Grafton, Charlton, and Sturbridge. Savers Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the Federal Home Loan Bank, the Co-operative Central Bank, and Massachusetts Bankers Association. Founded in 1910, Savers Bank has assets of over $500 million, offers a full range of consumer and commercial banking services, and a strong legacy of community commitment and customer service.
For more information call 1-800-649-3036, visit their website at www.saversbank.com, or find them on Facebook at http://www.facebook.com/SaversBank
Savers Bank announces the hiring of three new team members who will fill a variety of important roles within the institution. Each person brings a superior level of banking experience to help grow the Savers Bank brand and expand on the present relationships. The three: Barbara A. Medberry, Amanda E. Simpson, and Ashley Long.
Medberry, accepted the position of Branch Manager at the Uxbridge branch. She comes to Savers Bank with many years of retail banking experience. Her most recent role was as Branch Operations Manager and Bank Secrecy Officer at Dexter Credit Union in RI. Medberry lives in Warwick, RI with her husband David, and two sons, Eric and Mark. In speaking of her new position Medberry says, “I am proud to be working for a company that is known as a strong financial institution, has a solid mission statement, and that received a 5 Star Superior Rating by Bauer Financial,”. As for her goals for the Uxbridge branch, she says “as a new member of the community, I want to support the town of Uxbridge and its neighboring towns. I want spread the word about all the great services Savers Bank offers to both local businesses and households to help develop positive customer relationships.”
Simpson, hired recently as the Marketing Coordinator, lives in North Scituate, RI with her husband, Jared. Her banking career began in 2002 at Citizens Bank and most recently Dexter Credit Union where she held several management positions within retail banking. Her varying roles within banking will allow her to bring a unique perspective to the marketing team and assist in building brand recognition for Savers Bank. When asked about her new role at Savers Bank Simpson says, “My goal is to increase the awareness of the Savers Bank brand and aid in the development of new technology to make banking easier for our customers and expand our brand beyond its current market.
Long, is a new hire and will be working as a teller in the Grafton branch. She graduated from the University of Massachusetts at Lowell with a B.A. in History. Long is no stranger to superior customer service, before joining the Savers Bank team she worked for BNY Mellon as Customer Service Representative for Primerica. Currently, Long lives in Whitinsville, MA with her boyfriend Sean. On her new opportunity, Savers’ newest teller says “I am very excited to start working for this amazing bank”.
Savers Bank is pleased to announce the hiring of their new team members. The four; Alan P. Melidossian, Nancy Turney, Lauren Hand, Melissa A.D. Masse. They will be filling a variety of roles and positions in the community bank.
Melidossian, hired as the Vice President of Marketing in the beginning of 2016, worked for Bank of America for over 20 years before moving on to Bank Rhode Island and then Dexter Credit Union. The Roger Williams College graduate is “looking forward to working with a bank that values the community and employees who are dedicated to providing superior products and service to customers.” The Rhode Island resident is looking forward to providing creative marketing initiatives to set Savers Bank apart from the competition.
Turney, hired in November of 2015, as the Human Resource Administrator, lives in Auburn with her husband Douglas and her two Maltese mix dogs Papi & Lola. She has worked in various roles in Human Resources for over 20 years. During that time she also served as the Assistant Town Treasurer/Benefits Administrator of Auburn, and worked as a contractor for the National Guard from 2009-2010. “My short time here at Savers Bank has been very enjoyable and a learning experience” says Turney, “The team at Savers Bank has been nothing short of Simply Better.” She has several certifications from NEHRA, and is a certified Paralegal as well.
Hand, is returning to Savers Bank after a short break. Having previously worked with the Savers team for 11 years, she is a graduate of UMass, and is returning to the team to fill a Marketing Designer role. A Sturbridge resident with her husband Nate, and two children, Sophie and Grayson, she has always felt a strong connection to the local bank. “Savers Bank has always been like a second family to me. Due to family medical issues, I had to take a short break from working at the bank” Hand explains. “I am very happy to be back working in Marketing and am excited about the direction the bank is heading. We have a great team at Savers Bank and I’m very fortunate to be a part of it again.” She also owns and is the producer of EnVision Productions, founded in 1999.
Masse, hired in August of 2015, has over 20 years of banking experience. The majority of her experience came from her work at Monson Savings Bank. She began her banking career with SIS Bank. A Certified Electronic Banking Officer, her experience will be a valuable asset to the Savers team as they increase their Electronic Services. Masse says “I’m excited to lead my team into the world of Electronic Services and all it offers!” She resides in Three Rivers, with her husband David, and her daughters, Emma and Grace.
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Member FDIC | Member SIF | Equal Housing Lender
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