A new chapter: Cornerstone President Randal Webber announces retirement

Randal Webber

After an impressive career spanning four decades in financial services, Randal Webber, president of Cornerstone Bank, says he’s ready to spend more time with his family. Webber plans to retire early next year.

“What I will miss most are the fantastic people,” said Webber, who’s been with Cornerstone Bank for 16 years. “They are the reason I stayed so long. Banking has gone through great transitions, but what I’ve found most rewarding is watching people around me grow into leadership positions.”

While he’ll be stepping down from his current position at the bank, Webber plans to stay involved in operations as a member of the Cornerstone Bank board of directors just as the bank merges holding companies with Holyoke-based PeoplesBank.

“The merger is exciting and that drives me to want to stay involved,” said Webber. “I absolutely love the strategic aspect of what I do, so this change will keep me engaged in Cornerstone’s growth.”

Webber started his role as President of Cornerstone Bank four years ago after serving as the Executive Vice President, Chief Operating Officer, Chief Lending Officer. He previously worked as chief lending officer at SpencerBANK before it merged with Southbridge Savings Bank in 2016 to form Cornerstone Bank. Over the last decade, Webber has helped facilitate significant growth of the bank’s commercial and retail service and operations.

“I’m excited for Randy as he embarks on this new chapter, but we will miss him tremendously,” said Cornerstone Bank CEO Todd Tallman. “He’s played a critical role in helping us honor our commitment to the well-being of our community and our customers. His banking insights are invaluable, and so is his ability to foster the professional development of our team.”

Webber says his departure is bittersweet, but he is most excited to spend more time with his grandchildren and hone his skills on the golf course. “I love that I can feel good about the track Cornerstone is on right now. When I’m gone, I know the team will continue to thrive and take community banking to new levels, and that’s the best feeling of all.”

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