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DAVID SIDON, CPA, MSF 
David has assisted financial institutions with a myriad of organizational, management,
and technology compliance issues, most recently in the areas of business continuity
and Sarbanes-Oxley compliance. His thirty years of business experience include public
accounting and many facets of financial institution management.
David is a 1975 graduate of Merrimack College, majoring in accounting. Certified
by the Commonwealth of Massachusetts in 1978, he went on to attain a masters degree
in finance from Bentley College in 1986.
David started his banking career as a director of Gloucester Cooperative Bank in
1985, joining the bank's staff a year later as senior lender. He was named president
of the bank in 1993, serving as a director of the Community Bank League of New England
during that time. In 1996, he joined Gloucester Bank & Trust as director of
sea:prompt, the bank's data processing center serving its parent bank as well as
two other institutions.
Since 1998, he has worked in a consulting role as project manager. Engagements have
included the full spectrum of Y2K compliance, technology system searches, core conversion
choreography, strategic planning facilitation, interim CFO & CIO, disaster planning,
business continuity planning, risk management, and Sarbanes-Oxley compliance. In
2002, David led an effort to form a de novo institution (successful in all respects
save capitalization) and has since assisted a number of start-up groups with business
planning, financial modeling, and charter applications.
David serves as executive director of two community loan pools, Gloucester Investment
Corporation and Gloucester Revolving Loan Fund, which he co-founded in the early
'90's. He serves as a faculty member for the CT Banker's banksim program and writes
and speaks on risk management issues for various publications and bank trade associations.
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