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Rosemary Picard Elected to Massachusetts Bankers Association Board of Directors

Southbridge, MA, May 31, 2024—Rosemary Picard, President & CEO of Savers Bank has been elected to the 20-member Board of Directors of the Massachusetts Bankers Association (MBA) at its Annual Meeting in May. Founded in 1905, the MBA is the only Association representing FDIC-insured community, regional and nationwide banks serving consumer and business clients across the Commonwealth.

“As a dynamic industry, it is essential that the Association have perspectives of banking leaders like Rosemary Picard who provide expertise and experience that enable us to achieve our priorities of providing exceptional resources, advocacy and thought leadership for our members, strengthening them as they serve their clients and communities, according to MBA’s President and CEO Kathleen Murphy. “The market knowledge that Rosemary brings enables the Association to anticipate and respond to emerging banking needs and trends that help our members as they serve a very large consumer and business footprint across the Commonwealth.”

“I am pleased to serve on the Association’s Board of Directors and grateful for the opportunity to collaborate with such a talented group,” stated Rosemary Picard. “The Association has been an important partner and a steadfast representative of the banking industry since its founding 120 years ago. It’s an incredible honor to represent Savers Bank and the needs of our community banking industry as we work in concert fulfilling our mission to serve and support our members, clients, and communities as we collectively respond to the rapidly changing bank environment.”

About Savers Bank

Founded in 1910, Savers Bank has offices in Southbridge, Uxbridge, Auburn, Grafton, Charlton, and Sturbridge, and is a member of the Federal Deposit Insurance Corporation (FDIC), the Depositors Insurance Fund (DIF), the Federal Home Loan Bank, and Massachusetts Bankers Association. With assets of over $718 million, Savers Bank offers a full range of consumer and commercial banking services, with a strong legacy of community commitment and exceptional customer service. For more information call 1-800-649-3036, or visit the website at

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