Savings Institute Bank & Trust Commercial Lender David Caruso

Savings Institute Bank & Trust Welcomes David Caruso as Commercial Lender

Oct 09, 2018

Savings Institute Bank & Trust recently welcomed David Caruso as Commercial Lender for the Rhode Island and Massachusetts marketplace. David will be responsible for managing and growing the bank’s commercial lending and deposit relationships throughout northern Rhode Island and southern Massachusetts. 

“We’re committed to helping businesses in the Rhode Island community grow through both commercial lending and deposit solutions, that’s why we’re growing both our lending and support team,” stated Kenneth Martin, SVP and Chief Lending Officer, Savings Institute Bank & Trust. “David’s strong background in business development and knowledge of the area will be a great asset to the Bank in strengthening our relationships in the area.”

David brings over fifteen years of banking experience, most recently as Director of Business Development and Strategic Growth at Freedom National Bank. He is a graduate of Northeastern University with a B.S. in Economics. David is Chairman and President of BF Operation Impact of Cumberland, RI and resides locally with his wife and two daughters.

Savings Institute Bank & Trust headquartered in Willimantic, Connecticut offers branch locations throughout Rhode Island and eastern Connecticut. With $1.6 billion in assets, the Bank is a full service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses since 1842.