CAMBRIDGE, Mass. — Cambridge Savings Bank (CSB), a full-service community bank with a customer-first approach and $7 billion in assets, has announced the appointment of Erin Toomey as its new Chief Human Resources Officer (CHRO). With more than 25 years of experience leading human capital strategies across multiple industries, Toomey joins CSB at a pivotal time in the bank’s growth and cultural transformation.
In her role as CHRO, Toomey will oversee the development and execution of human resources initiatives that align with the bank’s mission to foster a high-performing, inclusive, and engaged workforce. She will focus on attracting top talent, enhancing employee development programs, and sustaining a workplace culture that empowers individuals to thrive.
“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.”
Toomey brings a wealth of leadership experience from roles at Advantage Dental Plus, DentaQuest, State Street Corporation, and Bank of America. Most recently, she served as Head of Human Resources at Advantage Dental Plus, where she helped drive organizational transformation through values-driven leadership and modernized HR strategies. She holds a bachelor’s degree in business management from Boston College.
Ryan Bailey, President and CEO of Cambridge Savings Bank, praised Toomey’s appointment as a strategic move in the bank’s ongoing evolution.
“We are thrilled to welcome Erin to the CSB leadership team,” said Bailey. “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 assuming the role of CEO in February 2024, Bailey has led a wave of executive appointments aimed at reinforcing CSB’s long-term vision. Recent additions to the leadership team include Ian Brandon as Chief Commercial Banking Officer, Kevin McGuire as Chief Operating Officer, Dan Carey as Chief Financial Officer, and Angela Conti as Head of Consumer and Small Business Banking.
Toomey’s arrival marks another step in CSB’s broader commitment to advancing a people-centric approach and fostering a workplace culture that reflects the bank’s values and community-focused mission.
