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Savers Bank Promotes Rosemary Picard to Chief Operating Officer

Southbridge, MA— Savers Bank announced at the annual meeting held on April 10, 2017 the promotion of Rosemary Picard to Chief Operating Officer. Picard, who joined Savers Bank in 2014, will oversee all aspects of banking operations while maintaining her role as Senior Vice President and Chief Financial Officer and will continue to report Joe Coderre, President & CEO of Savers Bank“Rosemary is a strong member of the Savers Bank executive team and we’re excited for her to now serve as the Chief Operating Officer in addition to her CFO role with the company,” said Joe Coderre, President & CEO of Savers Bank. “Her expertise and leadership have been invaluable and look forward to her insight as COO as we position Savers Bank to be the leading community bank of Central Massachusetts.”

In her expanded role, Rosemary will oversee the executive team responsible for Operations, Retail Banking, Marketing and Information Technology and will proactively drive industry leading practices to ensure customers receive the latest in financial solutions that are available.

Prior to joining Savers Bank, Rosemary served as Chief Financial Officer and Treasurer for Dean Bank. She was also a Senior Accountant for Piccerelli, Gilstein, & Co, LLP located in Providence, RI.

Rosemary graduated with honors from University of Massachusetts Dartmouth with a Bachelor of Science degree in Accounting. She is an active member of the Massachusetts Society of Certified public Accountants, the Boston chapter of the Financial Managers Society and serves on the board of New Hope. Rosemary resides in Hopkinton with her husband and Son.

About Savers Bank

Savers Bank is a full service community bank with offices in Southbridge, Uxbridge, Auburn, Grafton, Charlton, and Sturbridge. Savers Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the Federal Home Loan Bank, the Co-operative Central Bank, and Massachusetts Bankers Association. Founded in 1910, Savers Bank has assets of over $500 million, offers a full range of consumer and commercial banking services, and a strong legacy of community commitment and customer service.

For more information call 1-800-649-3036, visit their website at, or find them on Facebook at

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