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New appointment brings 25 years in banking depository services

CAMBRIDGE, MA – July 19, 2021 – Cambridge Trust Company, subsidiary of Cambridge Bancorp (NASDAQ: CATC), is pleased to announce that Sara Sarkis will be transitioning to our Relationship Banking team as Senior Vice President, Senior Relationship Manager, Deposit and Treasury Management. In her new role, Sarkis will focus on building depository relationships with privately held businesses, venture capital and private equity firms, as well as high net worth individuals and families in the Greater Boston market.

Sarkis joined Cambridge Trust in 2017 as Senior Vice President, Wealth Management, and prior to that worked at Boston Private Bank & Trust in senior banking roles. “We are fortunate to have Sara’s extensive knowledge of the needs of this market as we look to accelerate our deposit growth,” said Thomas J. Fontaine, Executive Vice President, Chief Banking Officer.

Sarkis will work alongside David Felton, Director of Relationship Banking, and his team of bankers as part of a strategic expansion of Cambridge Trust’s Relationship Banking Group. This new structure has been introduced as part of Cambridge Trust’s commitment to providing innovative banking solutions and exceptional service to clients as they seek to build and grow their business.

“The culture of Cambridge Trust is focused on delivering high-quality service to its’ clients, and I’m excited to be a part of that,” said Sara Sarkis. “The bank has a proven ability to deliver best-in-class private banking services with a dedicated local team. I’m looking forward to contributing to Cambridge Trust’s meaningful growth as we expand our market share in the region.”

About Cambridge Trust
Cambridge Trust is a 131-year-old Massachusetts chartered commercial bank based in Cambridge, Massachusetts with approximately $4.3 billion in assets as of June 30, 2021, and a total of 19 Massachusetts and New Hampshire locations. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $4.5 billion in client assets under management and administration as of June 30, 2021. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.

 
For more details on Cambridge Trust visit: www.cambridgetrust.com