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Monson Savings Bank Announces the Promotion of  Catherine E. Rioux to Commercial Portfolio Officer

Monson Savings Bank Announces the Promotion of Catherine E. Rioux to Commercial Portfolio Officer

Monson Savings Bank is pleased to announce the recent promotion of Catherine E. Rioux to Commercial Portfolio Officer. She will be based out of the Monson Savings Bank Loan & Operations Center, located at 75 Post Office Park in Wilbraham.

“We are very fortunate to have Catherine on our team here at Monson Savings Bank.” said Dan Moriarty, Monson Savings Bank President and CEO. “During her time here Catherine has demonstrated true commitment, helping our customers and her fellow employees achieve success. Additionally, she has assisted many business owners with achieving their financial goals. We are all very excited to see what the future has in store for Catherine in her new role.”

Catherine E. Rioux is a resident of Monson. She resides with her husband, their son, two dogs, and kitten. Rioux is very involved in the local communities. She is a member of the Ludlow Rotary Club and the Monson High School Scholarship Committee. She volunteers with local organizations, St. Patrick’s Church and I Found a Light Against All Odds.

Rioux is a graduate of Western New England University where she earned a Bachelor’s of Science in Business Administration. Additionally, she is also a graduate of the New England School of Financial Studies and the Springfield Regional Chamber Leadership Institute.

Rioux has had the unique opportunity of working in many departments of the Bank, because of this she has gained vast knowledge of the industry. In 2006, Rioux started her career in banking with Monson Savings Bank as a high school intern in the Human Resources Department. Being drawn to the Bank’s supportive and positive culture and the opportunity for career growth, when her internship ended she accepted a position as a Receptionist, shortly after moving to work in the Retail department. In 2013, she joined the Residential Lending Department as a Residential Loan Servicer. In early 2015, Rioux accepted a position in the Commercial Department as a Commercial Loan Servicer. She thrived in this department and would go on to become a Junior Credit Analyst before being promoted to Credit Analyst. Prior to this most recent promotion, she served as Commercial Portfolio Manager.

With over 15 years of banking experience, Rioux has the knowledge to successfully serve Monson Savings Bank’s commercial borrowers. As Commercial Portfolio Officer, Rioux will be working directly with the Bank’s Commercial Loan Officers to help borrowers secure financing for their business.  She will be assisting throughout the entire lending process, from origination, to closing, and beyond.    

“I am grateful for the opportunities that I have been provided with throughout my career at Monson Savings Bank,” said Catherine E. Rioux, Commercial Portfolio Officer. “In my new position, I am very much looking forward to developing and enhancing relationships with individuals and businesses in the local communities that we serve. I am excited to continue to grow with Monson Savings.”

To contact Catherine E. Rioux for your commercial lending needs, she can be reached at (413) 267-1225 or emailed at [email protected].

To learn more about Monson Savings Bank, visit www.monsonsavings.bank

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