Bristol County Savings Bank (BCSB), headquartered in Taunton, Massachusetts, is pleased to announce the promotion of Timothy Chaves to Executive Vice President & Chief Revenue Officer.  In this expanded role, Chaves will oversee and align all revenue-generating strategies across the Bank while continuing to serve as Chief Lending Officer.

“Tim brings the kind of leadership this role demands — strategic, collaborative, and deeply grounded in relationships,” said John Silva, President and CEO.  “As Chief Revenue Officer, he will help unify how we grow across the Bank, ensuring our lending, deposit, and customer relationship strategies are aligned around one goal: delivering long-term value to the individuals, businesses, and communities we serve.  Tim understands that meaningful growth comes from connecting great people, exceptional service, and smart execution, and he is very well positioned to lead that work.”

Over the past 19 years, Chaves has demonstrated an unwavering commitment to the Bank’s success, most recently serving as Executive Vice President & Chief Lending Officer.  Since joining Bristol County Savings Bank in 2007, he has built an accomplished career in commercial banking and lending, serving in a variety of roles spanning credit, lending, and management.

Chaves has been recognized throughout his career for both his professional accomplishments and community leadership. In 2022, he was honored with a 40 Under Forty Award from Providence Business News, and in 2015, he was named Banker of the Year by the Southeastern Economic Development (SEED) Corporation.

In addition to his work at the Bank, Chaves serves on the Board of Directors for the Taunton Development Corporation, Jobs for Fall River, Inc., and Coaching4Change. He is also a member of SEED Corporation’s Loan Review Committee and a graduate of The Risk Management Association’s Loan Officer Residential Seminar.
 
Chaves earned his Bachelor of Science in Business Administration from Boston University’s Questrom School of Business, with dual concentrations in Accounting and Finance.  He is also a graduate, with honors, of the Massachusetts Bankers Association’s New England School for Financial Studies at Babson College, as well as the American Bankers Association’s Stonier Graduate School of Banking at the Wharton School of the University of Pennsylvania.

A native of Taunton, Massachusetts, Chaves is a graduate of Taunton High School. He currently resides in Westport, Massachusetts, with his wife, Jennifer, and their daughters, Olivia, Ava, and Isla.
 
 
Bristol County Savings Bank Background Information: Bristol County Savings Bank, a Massachusetts chartered bank and wholly-owned subsidiary of Beacon Bancorp, is a full-service banking institution with approximately $3.1 billion in assets. Founded in 1846, the Bank serves individuals, businesses, municipalities, and non-profit organizations throughout Southeastern Massachusetts and Rhode Island. The Bank’s Main Office and Corporate Headquarters are located on Broadway in Taunton,  Massachusetts. For more information on Bristol County Savings Bank, visit www.bristolcountysavings.com.