Richard Olsen

Richard Olsen serves as Vice President at Cambridge Savings Bank, where he brings extensive experience in community banking, financial strategy, and relationship management. His work focuses on supporting local businesses, nonprofit organizations, and community development initiatives through thoughtful, mission-aligned financial services.

As Treasurer of Sage Housing Inc., Richard provides strong fiscal oversight and strategic financial guidance. His expertise in lending, capital structuring, and risk management supports Sage’s commitment to long-term affordability and responsible growth. He understands the critical role that community banks play in advancing affordable housing and strengthening local economies.

Richard is deeply committed to aligning financial stewardship with community impact. He believes that sustainable housing solutions require disciplined financial planning, transparent governance, and collaborative partnerships between nonprofit developers, lenders, and municipalities.

His leadership ensures that Sage Housing’s mission-driven initiatives are grounded in sound financial practices, positioning the organization to expand supportive and affordable housing opportunities while maintaining long-term stability and accountability.