Monson Savings Bank Announces the Promotion of Catherine E. Rioux to AVP Commercial Loan Officer
“I am excited and grateful for the growth opportunities that I have had throughout my career at Monson Savings Bank,” said Rioux. “What started as a part-time job during high school has grown into a fulfilling career of which I am incredibly proud. I have had the chance to learn from some of the best bankers in our area, and I am thankful for the support and mentorship I have received along the way. I am especially passionate about helping local businesses succeed and being a trusted resource for their financial needs. I look forward to continuing to build strong relationships within our community and contributing to the Bank’s mission of delivering exceptional service and support.”
Rioux holds a Bachelor of Science in Business Administration from Western New England University, with a major in Management and a minor in Communications. She is also a graduate of the New England School of Financial Studies and the Springfield Regional Chamber Leadership Institute. Her professional accomplishments include recently being named one of BusinessWest’s 40 Under 40.
In addition to her professional achievements, Rioux is deeply involved in her community. She lives in Monson with her family and serves on the Town of Monson Scholarship Committee, volunteers at St. Patrick’s Church, supports Girls on the Run Western MA, and is a member of the Monson Free Library Finance Committee.
“Catherine has been part of the Monson Savings Bank family for many years, and her promotion to Assistant Vice President Commercial Loan Officer is a reflection of her hard work, dedication, and deep understanding of our customers’ needs,” said Dan Moriarty, President and CEO of Monson Savings Bank. “She brings a unique combination of experience, empathy, and professionalism to every interaction, and her commitment to helping local businesses thrive is truly inspiring. We are proud to have her on our team and excited to see the continued impact she will make in this new role.”
To contact Catherine Rioux for your commercial lending needs, she can be reached at (413) 267-1225 or emailed at crioux@monsonsavings.com.
To learn more about Monson Savings Bank, please visit: www.monsonsavings.bank.
About Monson Savings Bank
Incorporated as a mutually chartered community bank in 1872, Monson Savings Bank has one of the longest tenures of service and stability in its market. Civic leaders chartered the bank with the intent to give working men and women the opportunity to save, which – incredibly, they could not do prior to the bank’s inception. Today, Monson Savings Bank retains its legacy of empowerment through savings, but has expanded to serve its customers with a variety of innovative financial services, including digital banking, online mortgage applications and business banking, and commercial lending. The bank has expanded on its promise of “where people save, businesses prosper, and communities benefit” through its offices in Monson, Hampden, Wilbraham, Ware, and most recently East Longmeadow, Massachusetts. The bank also opened a retail and business loan operations center in Wilbraham in 2020. Member FDIC, Member DIF, Equal Housing Lender.
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Caitlin O?Connor VP/Marketing Officer
Monson, MA – Monson Savings Bank is proud to announce the promotion of Catherine E. Rioux to the position of Assistant Vice President Commercial Loan Officer. In her new role, Rioux will continue to serve the community by educating and assisting current and prospective borrowers with a variety of financing options, including commercial and industrial (C&I) loans, and commercial real estate lending.
Rioux, a resident of Monson, brings nearly two decades of banking experience to her role, including 12 years, specifically in lending. She began her career at Monson Savings Bank in 2006, initially viewing it as a part-time opportunity. However, her passion for banking quickly grew, and she gained experience across nearly every department in the Bank.