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

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

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

“We are all very grateful to have Catherine on our team here at Monson Savings Bank,” said Dan Moriarty, Monson Savings Bank President and CEO. “During her time at the Bank, Catherine has demonstrated a true commitment in every role she has held. She has helped our customers and fellow employees achieve success. She has assisted many business owners with achieving their financial goals and I know she will continue to do this in her new position. We are all looking forward to seeing Catherine’s future successes.”

Catherine E. Rioux is a resident of Monson and enjoys being involved in the local communities. She is a member of the Monson High School Scholarship Committee. She supports local organizations, serving as a Board Member for I Found Light Against All Odds and volunteering for St. Patrick’s Church.

Rioux is a graduate of Western New England University where she earned a Bachelor of Science in Business Administration. Additionally, she is 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, allowing her to gain 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 concluded, she accepted a position as a Receptionist, shortly after moving to work in the Retail Banking 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 and then Commercial Portfolio Manager. Prior to this most recent promotion, she served as Commercial Portfolio Officer.

With over 16 years of banking experience, Rioux has the knowledge to successfully serve Monson Savings Bank’s commercial borrowers. As a Commercial Loan Officer, Rioux will be working 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 thankful for all the career opportunities that I have had throughout my time with Monson Savings Bank,” said Catherine E. Rioux, Commercial Loan 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].

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