Veteran HR executive to bring more than 25 years of leadership experience to drive people-first strategies at $7 billion community bank
CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (“CSB”), a full-service community bank with a customer-first approach and $7 billion in assets, this week announced the appointment of Erin Toomey as Chief Human Resources Officer. Erin brings more than 25 years of experience leading human resources strategy and organizational transformation across diverse industries and complex business environments.
In her new role, Erin will be tasked with leading CSB’s human resources strategy, fostering a high-performing and inclusive culture, and driving initiatives that attract, develop, and retain top talent across the organization.
“What drew me to Cambridge Savings Bank is its strong reputation for empowering employees to make an impact, both inside the bank and in the community,” said Toomey. “I’m eager to collaborate with CSB’s leadership and employees to introduce fresh approaches to talent development, expand opportunities for growth, and build on the strong culture that makes the bank a place where employees feel inspired, supported, and motivated every day.”
Most recently, Erin served as Head of Human Resources at Advantage Dental Plus, where she collaborated with the executive team to advance HR strategies, modernize programs, and foster a values-driven, high-performing culture. Her prior leadership experience includes senior roles at DentaQuest, State Street Corporation, and Bank of America, where she built a track record of aligning employee-focused practices with business goals to drive measurable results. Toomey holds a bachelor’s degree in business management from Boston College.
“We are thrilled to welcome Erin to the CSB leadership team,” said Ryan Bailey, President and CEO of Cambridge Savings Bank. “Her deep expertise in human resources and proven ability to drive innovative talent strategies will be essential as we continue to invest in our people, strengthen our culture, and build an environment where employees thrive and are empowered to deliver exceptional experiences for our customers.”
Since becoming President and CEO in February 2024, Ryan Bailey has led a series of strategic executive appointments designed to position CSB for long-term growth. Over the past 18 months, the bank has promoted Ian Brandon to Chief Commercial Banking Officer, Kevin McGuire to Chief Operating Officer, and Dan Carey to Chief Financial Officer, while also welcoming Angela Conti as Head of Consumer and Small Business Banking.
These leadership changes, together with the addition of Toomey, underscore the bank’s commitment to fostering an organizational culture that embraces diverse perspectives and sparks transformative change in the pursuit of advancing financial well-being for its customers and their communities. For more information about CSB’s people-first culture and open roles, please visit cambridgesavings.com/careers.
About Cambridge Savings Bank
Cambridge Savings Bank is a full-service banking institution with $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB’s investment-grade rating, reinforcing the bank’s position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370.
Contacts
MEDIA CONTACTS:
Adam Redling
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440-773-9299
Meaghan McNichol
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412-720-3777
