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Katherine Allingham

SVP, Chief Risk and Compliance Officer

Katherine Allingham

A little about Katherine Allingham (Kate)

I joined Chelsea Groton Bank in 1999 as a Customer Service Representative, after working as a summer intern while in college. Before becoming Compliance Officer in 2008, I worked in our Financial Services and Marketing departments. I’ve taken on increasing responsibility for risk management over the years and was promoted to Vice President in 2015 and Senior Vice President, Director of Compliance and Risk Management, in 2022. I was named Chief Risk and Compliance Officer in 2023.

I earned my bachelor’s degree cum laude from Wellesley College, and graduated from the CT School of Finance and Management, the American Bankers Association (ABA) National, Intermediate, and Graduate Schools of Compliance and Risk Management, the ABA’s Foundational Risk Management School, as well as the ABA’s Stonier Graduate School of Banking at the University of Pennsylvania. I completed my Certified Regulatory Compliance Manager (CRCM) certification in 2013 and Certified Enterprise Risk Professional (CERP) certification in 2022.  

My family and I live in Preston, and I serve as President and Treasurer of the Preston Public Library.