Monson Savings Bank Welcomes Michelle J. Cayo as Vice President, Credit Risk Officer

Monson, MA – Monson Savings Bank recently announced the hire of Michelle J. Cayo, of Belchertown, as Vice President and Credit Risk Officer.
 
"Michelle will be a tremendous asset to both our customers and our team," said Dan Moriarty, President & CEO of Monson Savings Bank. "Her commitment to the well-being of the local communities we serve aligns perfectly with our values. We are delighted to welcome her to Monson Savings Bank."

In her role as Vice President Credit Risk Officer, Cayo is responsible for managing Monson Savings Bank’s Commercial Credit Department. She will be training the Bank’s Credit Analysts, while overseeing the department to ensure it is functioning efficiently and effectively. Cayo will also assist in the creation of commercial loan policy as needed. She proudly serves as a committee member on the Loan Review Committee at Monson Savings Bank.
 
Cayo, a Business West 40 Under 40 Alum, comes to Monson Savings Bank with more than 26 years of experience in banking. She previously worked as Florence Bank’s Vice President Credit Risk Officer. Cayo also previously worked in the Credit Department at Hampden Bank and managed Country Bank’s Credit Department.
 
In addition to her extensive banking experience, Cayo will draw on her numerous educational accomplishments in her new role at Monson Savings Bank. Cayo is a Bay Path University alum, where she earned a bachelor’s degree in business administration and a master’s degree in communications and information management. Cayo is also a graduate of the Massachusetts Banker School of Financial Studies and the American Bankers Association’s Stonier Graduate School of Banking.
 
Like Monson Savings Bank, Cayo values the local communities and strives to help make our community a better place. Cayo is a Board Member of Cancer Connection and a Wish Granter at Make-A-Wish of Massachusetts and Rhode Island. Cayo’s efforts to enrich the community she works and lives in was recognized in Western Mass Women’s Magazine as the Volunteer of the Year in 2013.
 
“I am so grateful to be joining a team that holds the same values as I do. I was drawn to Monson Savings Bank’s dedication to supporting the local communities that we serve,” said Cayo. "I am thrilled to join the esteemed Monson Savings Bank team. With over 26 years of dedicated experience in the commercial credit sector, I am eager to contribute my expertise and drive to our collective success. I look forward to leveraging my industry knowledge to support the Bank's growth and continue its tradition of excellence."
 
To learn more about Monson Savings Bank, please visit: https://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” by opening offices in 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