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Cambridge Trust Company Appoints David Tait Vice President, Commercial Real Estate

Friday, October 29, 2010

 

David Tait, Vice President, Commercial Real Estate at Cambridge Trust Company

CAMBRIDGE, Mass. - Cambridge Bancorp (OTCBB: CATC) and its subsidiary, Cambridge Trust Company, announced the appointment of David Tait, as vice president, commercial real estate. Mr. Tait comes to Cambridge Trust Company with over 25 years of experience in the commercial lending industry. Prior to joining Cambridge Trust Company, he was vice president, commercial lending with Bank of Canton. Prior to that Mr. Tait worked for Bay State Federal Savings Bank and started his career at Somerset Savings Bank.

"David Tait brings a loyal following, which speaks to his industry knowledge and ability to deliver for his customers," notes Martin Millane, senior vice president, commercial lending. "David is poised to expand the commercial real estate business for the Bank." Mr. Tait earned his B.S. of Business Administration with a concentration in Finance and a minor in Investments from Babson College. Originally from Belmont, Mr. Tait resides in Burlington with his wife Linda and their two children.

Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 120-year-old Massachusetts chartered commercial bank with $1.1 billion in total assets and eleven Massachusetts locations in Cambridge, Beacon Hill, Belmont, Concord, Lexington, Lincoln and Weston. Cambridge Trust Company is one of New England’s leaders in wealth management with $1.4 billion in client assets under management. In addition, Cambridge Trust Company of New Hampshire offers wealth management services at two New Hampshire locations, Concord and Exeter.

Contact:
Cambridge Trust Company
Robert Siegrist
SVP, Marketing Director
617-441-1443

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