S&W has been retained by Savers Bank (saversbank.com) to lead the search and selection process for the bank’s next Chief Financial Officer (“CFO”).

Founded in 1910, Savers Bank is a well-run, growing community bank headquartered in Southbridge, MA serving the financial needs of the residents and businesses of central Massachusetts. As an approximately $720MM, state chartered mutual bank, Savers Bank is owned and governed by its depositors and its mutual ownership structure allows the bank to take a long-term view of success.

Reporting to the bank’s President & CEO, Rosemary Picard, the CFO will serve as a key, strategic partner as the bank prepares to reach and cross the $1B threshold in the coming years. This executive leadership role will direct the bank’s finance & accounting functions, lead strategic forecasting and planning initiatives in collaboration with Senior Management and the Board of Directors, administer the bank’s investment portfolio and asset/liability management system, and help guide the bank’s relationship with state and federal regulators. We are seeking experienced bank finance talent for this community bank leadership role