Daily News

Florence Bank Promotes Michelle Cayo

FLORENCE — Florence Bank, a mutually owned savings bank serving the Pioneer Valley through 10 branch locations, has hired Michelle Cayo of Granby in the position of vice president, Credit Administration manager. She brings nearly 20 years of commercial credit experience to her new role.

Cayo studied at Bay Path University, where she received her bachelor’s degree in business with a concentration in finance, and her master’s degree in communications and information management. She completed the New England School for Financial Studies program and is in the process of completing the Graduate Banking Program from the American Bankers Assoc.

Cayo serves her community as a member of the Jimmy Fund Council of Western Mass. In the past, she has also served as president of the Professional Women’s Chamber of Western Mass. In 2013, she was recognized by Western Mass Women magazine as Volunteer of the Year to recognize her work for children with pediatric cancer. She was also recognized by BusinessWest as a member of the 40 Under Forty Class of 2011, which celebrates young business and civic leaders in the Pioneer Valley.

“We are thrilled to announce the addition of Michelle Cayo to our Florence Bank family,” said President and CEO John Heaps Jr. “She has an impressive background in commercial credit, and we feel she’s the ideal candidate to take on the role of VP/Credit Administration manager. I know we will be seeing excellent results from her in the years to come, and I look forward to watching her success.”