Massachusetts Bankers Association Announces 2023 New England School For Financial Studies Graduates

The Massachusetts Bankers Association (MBA) announced today that 75 students from banks and financial services firms completed the graduation requirements for the New England School for Financial Studies on June 30, 2023.

MBA established the New England School for Financial Studies in 1960 to provide opportunities for professional growth to employees of member banks and others in the industry.  Over the years, it has grown to meet the needs of institutions throughout New England with a focus on financial management, technology, lending, marketing, and other strategic industry issues.  The School is sponsored by the Maine Bankers Association, Massachusetts Bankers Association, New Hampshire Bankers Association, Rhode Island Bankers Association, and Vermont Bankers Association.

“This was a terrific group that is helping to shape an industry that is one of New England’s largest employers,” said Meghan McCarthy, Vice President, Professional Development at MBA.  “I’m confident that this year’s graduates will go on to serve as the senior bank officers and financial leaders of tomorrow.”

To complete the school program, students enroll in a one-year course of study, including two intensive one-week sessions at the Babson Executive Conference Center.  Students must also complete five bank-specific research papers and participate in bank-management simulations presenting typical challenges facing today’s senior bank managers.

The 2023 Board Chair Award was presented to Kyle Dumas from Greenfield Savings Bank for demonstrating academic excellence through the achievement of the highest-grade point average among the graduating class.

The 2023 Board of Directors Award was presented to Erin Riendeau from Bristol County Savings Bank for demonstrating outstanding academic distinction in her coursework and achieving the second-highest grade point average among the graduating class.

The Massachusetts Bankers Association represents 120 commercial, savings, cooperative, and federal savings banks and savings and loan associations, which hold nearly $500 billion in deposits in over 2,000 banking locations in Massachusetts. Member banks employ 72,000 professionals across the Commonwealth and in New England and contribute more than $105 million annually to social agencies and charitable organizations across the Commonwealth. For more information, visit