Cornerstone Bank announces the promotion of five employees to senior leadership positions

Cornerstone Bank has announced the promotion of five employees to senior leadership positions:

  • Auburn resident Douglas Schmeling is now senior vice president, chief credit officer.
  • Thomas Moschos, a resident of Southborough, is now senior vice president, commercial lender.
  • Jessica Johnson, a Westminster resident, is now vice president, senior market manager.
  • Fitchburg resident, Erin McGinnis, is now vice president, customer information center manager.
  • Marcella Mosio, a resident of Charlton, is now vice president, assistant controller.

“We pride ourselves on being a great place to work, and part of that is creating career pathways that allow employees to grow and develop with us,” said CEO Todd Tallman. “We are so grateful to Doug, Tom, Jess, Erin and Marcie for their contributions to date, and look forward to all they will achieve in their new roles.”

Schmeling has worked for Cornerstone for 14 years, starting at Spencer Saving Bank. He earned his bachelor’s degree at North Adams State College (now the Massachusetts College of Liberal Arts) and his MBA at Nichols College in Dudley.

Moschos joined Spencer Savings Bank in 2015 before the merger that created Cornerstone Bank. He has been a lender in Worcester County for more than a decade, with most of his recent focus on commercial real estate throughout New England. Prior to joining Cornerstone, he was credit trained through a commercial lending training program at a prior financial institution and focused on commercial and industrial lending and owner-occupied commercial real estate.

Johnson began her career at Spencer Savings Bank in 2008, working part-time as a teller while finishing her degree. After graduation, she became a full-time teller in the Rutland branch before going on to become head teller, branch supervisor, assistant branch manager and branch manager. She is also a board member and the treasurer of the Wachusett Area Chamber of Commerce, Inc., and the clerk and an advisory member of the Rutland Economic Development Commission.

McGinnis began her career in banking in 2007 as a teller, after her undergraduate studies at Bay Path University. She transitioned to a call center role in 2016 and joined Cornerstone Bank in early 2020 as the CIC assistant manager, just as the COVID-19 pandemic, and subsequent shutdown, began.

Mosio has more than 25 years of experience in banking at Cornerstone Bank. She began her career as a file clerk in the loan department at Spencer Savings Bank through a work/study program in high school and became a teller after graduation. She spent time in the loan-serving department and then served as a floating employee where she worked in every department and every location, before deciding on the accounting department.

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