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Belmont Savings Announces Promotion of Aaron Grazado

Posted on March 25th, 2015 at 1:55 PM

BELMONT - Belmont Savings Bank announced today that Aaron Grazado has been named Senior Vice President, Senior Portfolio Manager. Grazado’s responsibilities include loan underwriting, credit analysis and portfolio management for Belmont Savings Bank’s commercial real estate loan portfolio.

Previously, his title was Vice President, Portfolio Management.

“Aaron is a well-respected and customer-focused professional, and we greatly value his contributions to the Belmont Savings team,” said Bob Mahoney, President and CEO of Belmont Savings.

Grazado joined Belmont Savings in July 2011, after working at Citizens Bank for several years as a credit analyst and regional portfolio manager.

“I am fortunate to work with the many highly qualified professionals at Belmont Savings and look forward to continuing to serve in the Senior Portfolio Manager role,” said Grazado.

Grazado graduated from Trinity College where received a degree in History. He received his MBA from Northeastern University.

He lives in Marblehead.

About Belmont Savings Bank

Belmont Savings Bank is a $1.4 billion, full-service Massachusetts savings bank dedicated to quality, convenience, and personalized service. The Bank builds on a proud history of financial strength and a tradition of active involvement in the community. Belmont Savings Bank provides a full range of banking services for professional commercial real estate investors, developers and managers as well as individuals and local small business owners through two full-service offices in Belmont, one fullservice office in Watertown, and three full-service Shaw’s supermarket branches in Waltham, Newton and Cambridge. Find out more information by visiting: https://www.belmontsavings.com or Like Belmont Savings on Facebook. Member FDIC. Member DIF.

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