News & Resources
News & Event
The holidays are an important time to support families in need. If you have the ability to donate this holiday season please consider any of the initiatives being held in many of our branch locations.
Uxbridge Branch, 6 North Main St: Visit The Virtual Giving Tree and select a gift request to help a senior in need. The Uxbridge branch is also participating in the People First - The Food Pantry of Uxbridge Angel Tree which collects wishes from families in need, wishes can be fulfilled thru December 18th.
Grafton Branch, 96 Worcester St: The Virtual Giving Tree is also available inside our Grafton branch. Just another great opportunity to help members of the senior citizen community. In addition, our Grafton branch is also a collection location for the Grafton Food Bank Holiday Toy Drive. Please consider donating an unwrapped toy to help support families in need this holiday season. Donations will be accepted until December 16th.
Auburn Branch, 38 Auburn St: Make a difference for a child this holiday season and support the Boys & Girls Club of Worcester by dropping off an unwrapped toy for children ages 5-12 or a $25 gift card for teens ages 13-18. Donations will be accepted until December 19th.
Happy Holidays from all of us at Savers Bank.
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”.
Southbridge, MA— Savers Bank recently presented the not-for-profit corporation, Giving Trees for Life,
Inc., with a donation for $1,000. Located in Southbridge, MA, Giving Trees for Life, Inc. focuses on
breast cancer prevention by supporting research and support services to cancer victims. The fund drive
proceeds will also support the development of educational materials geared toward student and adults
about the importance of health implications by what they put in and on their bodies.
Giving Trees for Life, Inc. is an all-volunteer organization that raises money by holding an event, The
Festival of Giving Trees each year in December. This year’s event will be held on December 1st
the La Salle Reception Center located at 444 Main Street in Southbridge, MA and features more than
100 uniquely decorated trees on display. Patrons of the event can purchase raffle tickets to try and win
their favorite tree and enjoy a full schedule of festival entertainment. The proceeds from this year’s
event will benefit the following agencies, the Cancer Center at Harrington Hospital in Southbridge, Silent
Spring Institute, and the Massachusetts Breast Cancer Coalition.
In addition to the donation which will support the Santa’s Toy Shoppe and Senior Day Luncheon, Savers
Bank will design a tree to be raffled and also provide volunteer support during the event. “Giving Trees
for Life does a commendable job assisting in educational outreach to high school students and adults in
making better choices for their health, we are proud to support their fund raising efforts this year”, said
Joe Coderre, President and CEO of 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 $475 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.
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.
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.
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