Cornerstone Bank Appoints Altaf Ahmed as New SVP/Retail Banking

Cornerstone Bank is pleased to announce that Al Ahmed has been appointed its new SVP, Retail Banking.  

Mr. Ahmed joins Cornerstone Bank as a proven banking professional, having accrued over 20 years of experience in senior positions at various Massachusetts institutions, most recently at Bank of America in Boston overseeing the growth of a key retail market. He complements his retail expansion expertise with a passion for delivering world-class customer and employee experiences.

Al studied Business Administration at the University of Phoenix. He and his wife, Shima, and their 3 children live in Wayland and take every opportunity to travel the world and explore new places.

“Al comes to us with a rich background in the banking field and we’re pleased he has decided to bring his skills to Cornerstone,” said Cornerstone Bank President & Treasurer Todd M. Tallman. “I’m confident he will make valuable contributions in helping us fulfill our commitment to be the preferred provider of financial services in our communities, based on customer and employee relationships built on trust.”

“I am honored and excited to join Cornerstone Bank and continue its legacy of building trust with our customers, employees, and local communities,” stated Mr. Ahmed.

About Cornerstone Bank:

Cornerstone Bank is an independent, mutual savings bank serving the residents, businesses, and communities throughout Central Massachusetts from offices in Charlton, Holden, Leicester, Rutland, Southbridge, Spencer, Sturbridge, Warren, Webster, and Worcester. Deposits are insured in full by a combination of the Federal Deposit Insurance Corporation and the Depositors Insurance Fund. The Bank is an Equal Opportunity Employer, Equal Housing Lender, and SBA Preferred Lender. For more information, visit online at, on Facebook or call 800-939-9103.

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