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Cambridge Trust Company Appoints Jason R. DeMello Vice President, Business Development Officer

Thursday, December 22, 2011

Jason DeMello
Jason DeMello, Vice President, Business Development Officer

CAMBRIDGE, MA - Cambridge Bancorp (OTCBB: CATC) and its subsidiary, Cambridge Trust Company, announced the appointment of Jason R. DeMello, vice president, business development officer.

Mr. DeMello comes to Cambridge Trust Company with over 10 years of experience in the banking industry. Prior to joining Cambridge Trust Company, he worked as a vice president with TD Bank. Prior to that Mr. DeMello worked for Sovereign Bank and started his banking career at Citizens Bank.

“We are thrilled to have Jason join the Cambridge Trust team,” notes Stephen Caputo, vice president, manager business banking group. “His knowledge and experience in the business community will be a great asset for the bank moving forward.”

Mr. DeMello attended Johnson and Wales University in Providence, RI and Northeastern University in Boston, MA. Originally from Taunton and Chatham, MA, Mr. DeMello currently resides in the South End with his partner of 15 years. Mr. DeMello is a long-time resident of the South End.

Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 121-year-old Massachusetts chartered commercial bank with $1.2 billion in total assets and 11 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 Portsmouth.

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