Chaston Associates Staff
Chaston’s seasoned team of credit professionals is the cornerstone of this 23 year old firm. The experience of staff members is considerable. Nearly all our people have worked in lending or credit risk management for 20 years or more. Many of our employees have been with the company for at least 10 years. The reliance upon contract help to meet the demands of our clients is limited. As a result, there is continuity and tenure among our staff. The experience and consistency of the Chaston team is appreciated by our clients. A synopsis of our management team is provided below.
James F. Chaston | President
Jim founded Chaston Associates in 1984. After working eight years as a National Bank Examiner with the Office of the Comptroller of the Currency, Jim identified a need for outsourced loan review services among community and regional banks within New England. Over the course of the past +20 years, Jim has followed the needs of our clients, leading the firm into a number of areas beyond loan review. In addition to managing the day-to-day operations of the company, Jim maintains a relationship with many customers, and is hands on in all areas, including commercial loan review, compliance, consumer & indirect finance, mortgage loan underwriting and equipment leasing. Jim oversees most of the firm’s policy development projects and management consulting assignments.
Jim Chaston is a co-author of the book The Business of Banking for Bank Directors, and regularly provides counsel / training to executive management and directors, particularly in the areas of credit risk management and consumer compliance. Jim has been certified as a Public Accountant by the Commonwealth of Massachusetts and has earned a BS in Business Administration from Bryant College, and an MBA from Northeastern University.
Stephen L. Anderson | Executive Vice President
Steve is a principal of Chaston Associates, Inc., having joined Jim Chaston as the second staff member in May of 1985. Steve was previously a National Bank Examiner for the Office
of the Comptroller of the Currency in Boston for over 12 years. As an exminer-in-charge he managed examinations for a number of problematic banks iin the Southwest. Steve manages a range of client banks located within the New England states, ranging in size from $100 million in assets
to $2 billion. He serves as an advisory member on special project committees for several clients, assisting in the development of action plans for troubled loans and providing counsel in response to various reglatory matters. Steve has a BS degree in Accounting from Bentley College.
C. Allen Ashley | Senior Vice President
Allen became a member of Chaston Associates in 1989, following a 20 year career at Bank of Boston money center bank. Prior to joining Chaston, Allen’s involvement included domestic financing for local and multinational companies, as well as international lending via various overseas assignments. As a project manager for Chaston, Allen is responsible for a number of the firm’s largest clients, reporting total assets up to $3.5 billion, and possessing commercial portfolios ranging from $100 million to nearly $1 billion. Within the realm of commercial loan review, Allen possesses expertise particularly in the areas of asset based lending, construction & land development financing, and real estate appraisal guidelines. Allen has earned a BA and an MBA from George Washington University.
Jack J. D’Ambrosia | Senior Vice President
Jack joined Chaston Associates in 1988 following four years as an examiner with the Office of the Comptroller of the Currency in Boston. Jack manages a range of client banks located within the New England and the Midwestern states,
reporting total assets up to $5 billion. In addition to managing commercial loan review projects, Jack provides portfolio analysis in the areas of indirect finance, residential mortgage lending & equipment leasing.
Jack earned a BS in Finance from the University of Notre Dame.
Patricia Greenfeld | Senior Vice President
Pat has been with Chaston Associates since 1986 and is responsible for managing one of Chaston's largest clients. Her primary focus has been commercial loan review, including lending policies, systems and procedures. Pat began her career as a bank examiner with the Office of the Comptroller of the Currency, followed by six years as commercial lender with the Shawmut and Bank of New England organizations. Pat has an MBA from Babson College and a BS in Accounting from the University of Vermont.
William D. McVey | Vice President
Bill joined the firm in 1997 and is responsible for managing a number of clients in New England, including small to medium sized community banks. Prior to joining Chaston, Bill had over twenty-eight years of varied commercial banking experience in New England.
In addition to more than twenty years of commercial lending experience, Bill has spent several years in senior management roles, including President and Chief Executive Officer of a community bank with assets of $300,000,000. Bill has a BS in Accounting from
Northeastern University and is a graduate of the Stonier Graduate School of Banking.
Allan T. Houston | Vice President
Al joined the firm in July 2005 and is responsible for a number of clients located across New England. Prior to joining our team, Al had twenty five years of lending experience encompassing commercial real estate, C & I, real estate acquisition, development & construction, mortgage banking, and consumer finance. Al functioned at the senior management level for the majority of his career prior to joining Chaston. In addition to commercial loan review, Al's background has allowed him to make important contributions to our clients in the areas of construction/land development and consumer lending. Al has a BA in Economics from the University of Massachusetts, Amherst and an MBA from Northeastern University.
Donald H. Thomson | Vice President
Donald began in lending in 1983, working in the areas of consumer credit & collections, mortgage origination, commercial credit analysis and relationship management over the course of the first 16 years of his career. After working primarily for community banks within the Merrimack Valley region of Massachusetts, Donald joined Chaston in 1999. Donald has worked with institutions reporting total assets from $200 million to $3 billion and currently manages a number of Massachusetts-based banks for the firm. Donald has a BA in Economics from the University of Virginia and an MBA from the University of Massachusetts.
Kevin V. Boucher | Vice President
Kevin joined the Chaston team in 1997 after twelve years with a New Hampshire community bank. Over the course of his career, Kevin has been involved in all facets of community bank lending, including: consumer,
residential, commercial and commercial real estate. As a banker, his responsibilities ranged from origination and underwriting, to relationship management, collections and workout. Since joining Chaston Associates Kevin has
worked with numerous and diverse lending institutions located across New England. Presently, Kevin manages several loan review and credit risk assessment projects for our clients. Kevin earned a BS in Business Administration
with a second major in Economics from the University of New Hampshire’s Whittemore School. After attaining an additional degree in Accounting, Kevin passed the Uniform CPA Examination prior to joining the firm.