Monson Savings Bank Welcomes Michelle Cayo as VP, Credit Risk Officer

Michelle Cayo

MONSON — Monson Savings Bank announced the hire of Michelle Cayo as vice president and Credit Risk officer.

“Michelle will be a tremendous asset to both our customers and our team,” said Dan Moriarty, president and 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.”

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. She will also assist in the creation of commercial loan policy as needed, and she serves as a committee member on the bank’s loan review committee.

Cayo, a BusinessWest 40 Under Forty alumna, comes to Monson Savings Bank with more than 26 years of experience in banking. She previously worked as Florence Bank’s vice president and Credit Risk officer. She 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. She is a Bay Path University alumna, where she earned a bachelor’s degree in business administration and a master’s degree in communications and information management. She is also a graduate of the Massachusetts Bankers Assoc. School of Financial Studies and the American Bankers Assoc. Stonier Graduate School of Banking.

Like Monson Savings Bank, Cayo values the local communities and strives to help make them a better place. She is a board member of Cancer Connection and a wish granter at Make-A-Wish Foundation of Massachusetts and Rhode Island. Her efforts to enrich the community she works and lives in was recognized by Western Mass Women magazine, which named her 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,” Cayo said. “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.”