Bay State Bank promotes Worcester native to leadership team

A man wears a blue suit and a pink & blue tie

Photo | Courtesy of Bay State Bank James Ciociolo, senior vice president, commercial lending officer at Bay State Bank

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Worcester-based Bay State Bank has added Worcester native James Ciociolo to its leadership team, in a new role of senior vice president, commercial lending officer.

Ciociolo brings 15 years of commercial banking experience to this position, having previously worked at TD Bank, headquartered in New Jersey. He serves on the board of directors of the Worcester Economic Club and has been a member of the Worcester Young Businessmen’s Association since 2009, according to a Thursday press release from Bay State.

He has experience as a board member and finance committee member with Princeton dog nonprofit NEADS, a board member and membership chair at Worcester Country Club, unified partner and mentor with Special Olympics Massachusetts, and a loan committee member for the North Central Massachusetts Development Corporation.

“James’s deep ties to the Worcester community, combined with his extensive experience in commercial lending and his commitment to local economic development, make him an outstanding addition to our leadership team,” Anthony Pasquale, Bay State chief commercial banking officer, said in the press release. “His insight and passion for supporting local businesses will be instrumental as we expand our commercial lending presence and strengthen partnerships across the region.”

Pasquale had previously worked alongside Ciociolo at TD.

Ciociolo obtained an MBA from Assumption University and a bachelor’s degree from University of Denver’s Daniels College of Business. He has completed advanced industry training including the RMA Loan Officer Resident Seminar, RMA Commercial Real Estate Certification, Six Sigma Business Excellence (white and yellow belt), and TD University’s Credit Analysis Program.

“I look forward to bringing my experience, energy, and client-first approach to help local businesses and nonprofits thrive,” Ciociolo said in the press release.

Bay State Bank had $491.5 million in local deposits and $547.1 million in total assets as of June 2024, making it the 21st largest bank in Central Massachusetts, according to data provided to the WBJ Research Department. The bank has 79 employees across seven branches.

Jill McSorley is an editorial intern for the Worcester Business Journal. She is a student at Assumption University studying communications and media, writing, and marketing.