Region – Effective January 1, 2021, Cornerstone Bank President and Treasurer Todd Tallman will be appointed the bank’s CEO. Tallman steps into the role as a banking veteran with over 20 years of experience.
“Knowing Todd as well as I do, I am fully confident he will serve as an outstanding CEO,” stated K. Michael Robbins, who will retire as Cornerstone Bank CEO Thursday, Dec. 31, but continue to serve as the bank’s chair. “Todd’s management, leadership and professional skills – not to mention that he’s a fine, caring individual by nature – make him eminently qualified for this position.”
A Certified Public Accountant, Tallman began his career as an Audit Manager at KPMG. After joining Southbridge Savings Bank in 1998 as chief financial officer, he served in increasingly senior positions until his promotion to president/CEO in 2014. Subsequently, in 2016, when Southbridge Savings Bank and SpencerBANK created a merger of equals to form Cornerstone Bank with assets totaling $1.3 billion, Tallman was named president and treasurer.