Brattleboro Savings and Loan changes in leadership, promotions

Robert DavisCarmen Derby


Robert Davis - vice president
BRATTLEBORO – Bob Davis has been promoted to vice president at Brattleboro Savings & Loan.
A longtime resident, Davis has always felt a connection and commitment to the area. He started his career at BS&L as a student at Brattleboro Union High School, working in a branch before he had even graduated. For the past 10 years he has been working in the commercial banking department, balancing numerous responsibilities including business development, portfolio management, and credit analyses for the bank’s larger customer relationships. His new role as VP will be a continuation and deepening of his work in the commercial banking department as well as taking a greater role as part of the bank’s leadership team.
Davis’ financial background has allowed him to serve the customers in the community and the bank with a great deal of financial expertise. This is largely due to his drive to grow, which has been a hallmark of his time at the bank. To that end, he has earned his master’s degree in accounting and he’s on track to graduate from the Stonier Graduate School of Banking program, for which he will also receive a Wharton leadership certificate. He has actively sought out new opportunities to take a leadership role; most recently this included acting as a direct supervisor to credit staff.

Carmen Derby - board chair
BRATTLEBORO - Brattleboro Savings & Loan announces that Carmen Derby has been elected as BS&L’s new board chair, replacing Tom Wallin who has retired from the board after 22 years of service. Derby has been a force for good in the community for many years as the former executive director of the United Way of Windham County and as the current director of Windham County Dental Center. After having been on the board since 2014, and as the chair of the audit committee for the past four years, the board voted unanimously to elect her as the board chair at a meeting on Wednesday, April 20.
Derby has been a tireless advocate for some of the underrepresented voices in the community for decades. As the executive director of United Way, she worked to create new services to provide for underserved populations such as free tax return preparation, the Kids In Coats program, and building a dental center that gave much needed dental care to those who couldn’t otherwise afford it. She left her position with the United Way last year to oversee and expand the dental center, which is finding and creating great success in the community.
Brattleboro Savings & Loan has been intentionally increasing its focus on diversity, equity, and inclusion efforts and, as the benefit director for the bank, Derby has been a tireless leader toward that. Her continued drive and leadership have directly led to her appointment as the board chair, the first woman and the first person of color to hold this position in the bank’s 100-plus-year history as well as the first person of color to hold this position in the state of Vermont.

The Deerfield Valley News

797 VT Route 100 North
Wilmington, VT 05363

Phone: 802-464-3388
Fax: 802-464-7255

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