Michael is President & CEO of Chelsea Groton Bank, a mutual bank in southeastern Connecticut, comprised of 15 locations and $1 billion in total assets, with approximately 225 outstanding employees. Founded in 1854, the Bank’s focus on customer service and community development has made it the largest independent bank in New London County. The Bank has been recognized as the “Best Bank” in the community by readers of The New London Day, a Top Connecticut Workplace by the Hartford Courant, and carries a 5-Star “Superior” rating for financial strength by Bauer Financial. Michael is responsible for the strategic, operational, and fiscal leadership of the organization.
Prior to joining Chelsea Groton in 2010, Michael spent 19 years at the Washington Trust Company, Rhode Island’s largest independent bank. Michael served most recently at Washington Trust as Executive Vice President-Sales, Service & Delivery. He was responsible for the bank’s retail branch network, call center, internet, ATM and phone activities, as well as all deposit products and cash management. Prior to joining Washington Trust, Michael spent ten years in sales and marketing with various companies, including five years with the Providence-based advertising firm of Chaffee-Bedard.
Michael is a 1981 graduate of the University of Rhode Island, where he earned a BA in Economics. He currently serves as Chairman of the Board of Directors for L&M Healthcare and the Chamber of Commerce of Eastern CT. He is a past Chairman of the Connecticut Bankers Association, and is on the boards of the Eugene O’Neill Theater Center, The Yale New Haven Health System, the Norwich Free Academy Foundation, the Norwich Community Development Corporation, URI Harrington School of Communication and Media, and the Providence Mutual Insurance Company, in addition to the Chelsea Groton Bank board and Chelsea Groton Bank Foundation board.
He has been an active board member over the years in many organizations including Save The Bay, Grow Smart RI, Quonset Point Development Corporation, South County Center for the Arts, The Washington County Regional Planning Council, The Westerly-Pawcatuck Downtown Development Task Force, The Jonnycake Center, The RI Governor’s Commission on Bays, Rivers and Watersheds, The URI President’s Communications Advisory Committee and The Advisory Committee to the URI Dean of Arts and Sciences.
Michael resides in Mystic, CT and Narragansett, RI with his wife, Annette. Their son, Ben, a graduate of University of Utah, lives and works in Salt Lake City, UT. They enjoy skiing in the winter and golf and boating in the summer.