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Cambridge Savings Bank


Debt | Alive

Total Raised


Last Raised

$70M | 1 yr ago

About Cambridge Savings Bank

Cambridge Savings Bank is a full-service banking institution with over $5 billion in assets. It offers a full line of individual and business banking services and has branches located in Arlington, Bedford, Belmont, Burlington, Cambridge, Charlestown, Concord, Lexington, Melrose, Newton, and Watertown.

Headquarters Location

1374 Massachusetts Avenue

Cambridge, Massachusetts, 02138,

United States


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Latest Cambridge Savings Bank News

Carlos Osornio Joins Cambridge Savings Bank as Head of Operations and Service

May 3, 2023

3 minute read Osornio will work directly with CSB’s leadership team to drive operational excellence and enhance the customer experience CAMBRIDGE, Mass.–(BUSINESS WIRE)– #SMBs — Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, today announced the appointment of Carlos Osornio to the role of Senior Vice President, Head of Operations and Service. In his new position, Osornio will be responsible for streamlining and managing operations across multiple business lines including deposit and loan operations, payment services, treasury management, and client service. With more than 20 years of industry experience and over a decade in a management role, Osornio will contribute to CSB’s customer-centric approach by working closely with business leaders to craft, communicate, and execute a holistic vision by implementing new processes and technologies that will enhance customer satisfaction. He will report directly to Katie Catlender , CSB’s EVP, Chief Customer Officer, to scale efficiency, improve process excellence, and modernize the customer experience. “What attracted me to Cambridge Savings Bank is the bank’s clear commitment to putting customers first,” said Osornio. “Throughout my career, I have always been focused on elevating the client experience and increasing satisfaction. It’s a true pleasure to join an organization with such a strong emphasis on the customers that they serve.” Prior to joining CSB, Osornio served as Executive Vice President, Director of Bank Operations at TowneBank in Suffolk, Virginia. Osornio also held leadership roles at Santander Bank and Royal Bank of Scotland. Throughout his career, Osornio has directed large teams responsible for onboarding clients across all business lines and maintained a strong client satisfaction rate while leading the migration of over 7,000 clients from an electronic platform to online banking. He has also designed, built, and launched a support and implementation management function to improve client service. “Carlos is an extremely accomplished leader who brings tremendous experience motivating teams and making strategic decisions to power companywide operational excellence. With Carlos, CSB is well-positioned to deliver even deeper value to our internal and external customers,” said Catlender. In addition to his extensive corporate experience, Osornio also participates in volunteer work for multiple nonprofit organizations including Tidewater Youth Services Foundation, Boston Debate, and the Greater Norfolk Corporation Mentor Program. Through his volunteering experiences, Osornio has served as a mentor and promoted community engagement to raise awareness and help enhance programs in the community. For those interested in learning more about CSB’s dynamic, people-first culture and open roles, please visit . About Cambridge Savings Bank Cambridge Savings Bank is a full-service banking institution with over $6 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 2022, CSB received an investment-grade rating from Kroll Bond Rating Agency reinforcing the bank’s position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at , or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. Contacts

Cambridge Savings Bank Frequently Asked Questions (FAQ)

  • Where is Cambridge Savings Bank's headquarters?

    Cambridge Savings Bank's headquarters is located at 1374 Massachusetts Avenue, Cambridge.

  • What is Cambridge Savings Bank's latest funding round?

    Cambridge Savings Bank's latest funding round is Debt.

  • How much did Cambridge Savings Bank raise?

    Cambridge Savings Bank raised a total of $70M.

  • Who are Cambridge Savings Bank's competitors?

    Competitors of Cambridge Savings Bank include Everett Co-operative Bank and 4 more.

Compare Cambridge Savings Bank to Competitors

Wallkill Valley Federal Savings & Loan Association

Wallkill Valley Federal Savings & Loan Association offers personal and business banking and loan services. Its products and services include deposit rates, money market accounts, checking accounts, savings accounts, commercial mortgages, and construction loans. Wallkill Valley Federal Savings & Loan Association was founded in 1913 and is based in Wallkill, New York.

Foxboro Federal Savings

Foxboro Federal Savings is a financial institution offering services for individuals and businesses. The company offers services such as checking and savings accounts, business accounts, mortgage loans, equity loans, consumer loans, and more. The company was founded in 1889 and is based in Foxboro, Massachusetts.

Champlain National Bank

Champlain National Bank operates as a financial institution. It provides business banking products and services, such as checking accounts, business savings accounts, and business loans, including real estate financing, home equity loans, home equity lines of credit, fixed-rate mortgages, and more. It was founded in 1909 and is based in Willsboro, New York.

Somerset Savings Bank

Somerset Savings Bank offers financial services such as checking and savings accounts, loans, mobile banking, direct deposits, and more. The company was founded in 1887 and is based in Bound Brook, New Jersey.

Fulton Savings Bank

Fulton Savings Bank provides banking services. It offers services including digital banking, personal loans, business loans, auto loans, mortgage loans, and many more. It was founded in 1871 and is based in Fulton, New York.

Massena Savings & Loan

Massena Savings & Loan provides banking services. It accepts deposits, makes loans, and provides online banking, account maintenance, mortgage solutions, and card services. It was founded in 1924 and is based in Massena, New York.

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