Chelsea, Mass. – East Cambridge Savings Bank today announced that Joseph M. Vinard, division president of Chelsea Bank, a division of the Bank, will retire on April 30. Mr. Vinard’s career in banking spans 54 years including his role immediately prior to being Chelsea division president. Vinard was president and chief executive officer of Chelsea Bank prior to its merger with East Cambridge Savings Bank in 2015.
To celebrate Vinard’s long and accomplished career in banking, two events are scheduled. On Tuesday, April 27 at 5:30 p.m., a virtual gathering of Chelsea business and nonprofit leaders, local officials, and Bank officers will celebrate Joe’s career with a slideshow, speeches, and gift presentation. This event is being coordinated in conjunction with the Chelsea Chamber of Commerce and the Bank’s Chelsea Advisory Committee. On Thursday, April 29 refreshments will be served from 8:30 a.m. to 11:30 a.m. at the Chelsea Banking Center at 360 Broadway. Bank customers and neighbors are invited to wish Mr. Vinard well as he begins retirement.
“Joe has been an instrumental figure in the Chelsea community for many years. While we all will miss working with Joe every day, he is certainly well deserving of this next chapter in his life,” said Gilda M. Nogueira, the Bank’s president and chief executive officer. “I’ve had the honor of working with Joe and getting to know him over the years and his commitment to the Chelsea community is clear. All of us wish him well and we are so fortunate that Joe and the Chelsea community will always be part of the East Cambridge Savings Bank family.”
In addition to his career in banking, Vinard has been active in supporting the Chelsea nonprofit and civic community. He has served on the boards of the Chelsea Chamber of Commerce and currently serves as President, HarborCOV, Jordan Boys and Girls Club and the Rotary Club of Chelsea and is also a member of the Friends of the Chelsea Council on Aging. Vinard was also a key organizer of the Taste of Chelsea – an event that benefits HarborCOV. “Joe has been a great friend to our organization and has shared his time and talents with HarborCOV as a volunteer, supporter, and banker,” said Kourou Pich, the executive director of the Chelsea based nonprofit that supports individuals and families impacted by domestic violence. “All of us at HarborCOV wish Joe the best in retirement and we know that we’ll continue to see the impact of his work here in the Chelsea community for many years to come.”
Vinard resides in Saugus, Mass. with his wife, June.
About East Cambridge Savings Bank
East Cambridge Savings Bank is a full-service mutually-held bank that is committed to be the preferred banking partner in the communities it serves. Established in 1854, the Bank strives to provide an exceptional customer experience and generous support for the community. Headquartered in Cambridge, the Bank has locations in Arlington, Belmont, Cambridge, Chelsea, Malden, Medford, Somerville, and Waltham, as well as an educational training facility at Cambridge Rindge and Latin School. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the Depositors Insurance Fund (DIF), and is an Equal Housing Lender.
Assistant Vice President, Public Relations Officer