Business Briefs: July 12, 2024

Payson promoted to CFO, treasurer

GREENFIELD — Jeremy Payson has been promoted to chief financial officer and treasurer of Greenfield Cooperative Bank. Payson will succeed Michael Turley, who recently retired after a long tenure with the bank.

Payson brings a decade of experience in the financial services industry. He most recently served as Greenfield Cooperative Bank’s executive vice president – controller.

“We are thrilled to announce Jeremy’s promotion to CFO,” Tony Worden, president and CEO at Greenfield Cooperative Bank, said in a statement. “He brings a wealth of experience and a deep understanding of our company to this important role. His proven leadership and strategic vision will be instrumental as we continue to grow and serve our customers.”

Payson holds a master’s degree from Western New England University and recently graduated from the Stonier Graduate School of Banking.

“It is a tremendous honor for me to be appointed chief financial officer for this great community bank,” Payson said in a statement. “I am fortunate and grateful to be part of a team of dedicated professionals that live in the communities that our bank serves. At GCB, our mission is to help local businesses grow, and to assist individuals and families in achieving their own financial goals. I’m committed to ensuring that our financial strategies support our mission, while doing so in a safe and sound manner.”

Payson’s ascension to the role of CFO marks the culmination of a succession plan at Greenfield Cooperative Bank. As a key member of the leadership team, his deep understanding of the company culture and financial strategy positions him to lead the finance team into the future.