Region – Effective Friday, Jan. 1, 2021, Randal D. Webber will be appointed President at Cornerstone Bank. Currently, Webber serves as the Bank’s EVP, COO and Chief Lending Officer.
“Randy has contributed enormously in helping Cornerstone honor our commitment to enhancing the vitality of local communities and the well-being of all of our customers,” said Cornerstone Bank President and Treasurer Todd Tallman, who will assume the role of CEO on Jan. 1. “His strategic and managerial skills go far beyond the lending discipline. I’ve found his insights on retail and digital banking to be invaluable—not only in relation to our products and services, but also the professional development of our team members.”
After joining SpencerBANK in 2009 as SVP, Webber served in positions of increasing responsibility until his promotion in 2012 to EVP, Chief Lending Officer. When SpencerBANK and Southbridge Savings Bank created a merger of equals in 2016 to form Cornerstone Bank, Webber was named EVP, Chief Operating Officer.
The bank also announced that SVP and Senior Commercial Officer Michael J. Quink will be promoted on Jan. 1, 2021, to EVP, Senior Commercial Officer.