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Bank hires new trust officer
from Gloucester Rick Chorrino He was recently hired as a Trust Investment Officer in the Trust & Financial Services Department of Cape Ann Savings Bank.
Ciorino is coming Cape Ann Savings Trust & Financial Services With over 34 years of experience in the financial services industry, he has specialized in portfolio management for trusts, individual clients and charities for 25 years.
He started his career in the mutual fund industry as a fund accountant and budget analyst. After earning his MBA, Rick spent five years as an equity research analyst and as a member of the investment group at Derby & Company, a small pension firm, where he analyzed S&P 500 companies. Then, from 2001 to 2008, Ciolino served as Vice President and Head of Investments at his First Financial Trust in Wakefield before rejoining Cape Ann Savings Bank.
“I am thrilled to have Rick rejoin the Trust and Financial Services division of Cape Ann Savings Bank. and is now back in full circle,” said the bank’s president. marian smith“Rick’s expertise in portfolio management and asset allocation is invaluable to the role of trust investment officer.”
John T. BrennanSenior Vice President, Trust & Financial Services said: We are even happier that he chose to continue his career at Gloucester with which he knows the community and has deep connections. ”
Ciolino holds a BA in Economics from Framingham State University, a Finance major from Framingham State University, and an MBA from Suffolk University’s Sawyer Business School.
He lives in Gloucester with his wife and three children. He serves on the City of Gloucester’s Trust Fund Committee and is a member of Seaside’s Sustainability and Beverly’s Rotary. He enjoys running and cycling with his team in Gloucester.
give
Wellspring House Homelessness Prevention and Family Stabilization Program received a $9,797.50 grant in November. 100 Who Care Cape Ann.
Other candidates are Senior Care Age and Dementia Friendly Cape Ann Program When Action’s compass programback in the hat for consideration of the grant at an upcoming meeting of the nonprofit.
100 Who Care Cape Ann philanthropic women participate in quarterly events and pledge $100 in one-hour meetings. This raises $10,000 each time to support Cape Ann’s charities. Since its inception in 2019, the group has raised over $158,000 to support local charities such as Maritime Gloucester, Backyard Growers and Gloucester Education Foundation.
The group’s next meeting is scheduled for February, at a TBD date. For more information, visit 100whocarecapeann.org.
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