Our team

Contact:

mcannella@inspiretrustco.com

(518) 261-0154


Michael Cannella

Chief Regulatory Officer

Michael Cannella is the Chief Regulatory Officer of Inspire Trust Company, N.A. and leads a team focused on ensuring compliance with regulatory requirements and mitigating risks to the bank.  Michael is recognized for developing collaborative cultures, exercising reasoned judgment, and implementing logical, efficient processes that transcend business units and geographic borders. 

Michael has over 17 years’ experience in the field of regulatory compliance management within large, matrixed financial services organizations, with expertise in the areas of fiduciary and operational risk.  Prior to joining Inspire Trust Company, Michael was the Head of Fiduciary Oversight and Consulting for Trust Services at Wells Fargo Wealth Management. In this role, he was responsible for oversight and monitoring of frontline risk management activities, including investment and fiduciary risk, conduct risk, operational risk and self-assurance monitoring for the trust and fiduciary lines of business.

Prior to Wells Fargo, Michael held risk management positions at Wachovia Bank and U.S Trust. He earned his B.B.A. in Management from Hofstra University in New York.

In his free time, Michael enjoys watching classic tv shows, cooking, travel, and volunteering at a camp for individuals living with disabilities in upstate New York.