04/19/2026 | Press release | Archived content
Southbridge, MA - Savers Bank announced the promotion of two senior leaders during its Annual Meeting held on April 13, 2026. These promotions reflect the Bank's continued focus on strong leadership and long-term growth.
Michael Nordstrom has been promoted to Senior Vice President, Chief Information Officer. Over the past three years, Nordstrom has played a key role in advancing the Bank's technology, security, and operational capabilities. His leadership has supported critical initiatives that strengthen the Bank's infrastructure and position it for continued success.
Gregory Vilardo has been promoted to Senior Vice President, Chief Financial Officer & Treasurer. Vilardo brings more than 25 years of experience in accounting and finance and has been instrumental in guiding the Bank's financial strategy. His leadership continues to support the Bank's growth and overall financial strength.
"These promotions recognize the meaningful contributions Mike and Greg have made to our organization," said Rosemary Picard, President & CEO. "Their leadership, experience, and commitment position us well for the future."
Savers Bank remains focused on building a strong, experienced leadership team to support its customers, communities, and continued success.
About Savers Bank
Founded in 1910, Savers Bank is a community-focused financial institution with over $797 million in assets. Savers Bank offers a full range of personal and business banking products and services, combining the personalized attention of a neighborhood bank with modern, secure digital tools. With a long-standing commitment to local involvement and exceptional service, Savers Bank helps individuals, families, and businesses achieve their financial goals with confidence. Member FDIC. Member DIF. Equal Housing Lender.