Connecticut Banking 3Q 2011

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PromotablePeople Recognizing the career milestones of the people who contribute to Connecticut’s banking industry. Naugatuck Savings Bank – Mark C. Yanarella has been named chairman of the board of directors and chief executive officer. Charles J. Boulier, III, Mark C. Yanarella has been named president and chief financial officer. This comes as part of an 18-month transition that will see Yanarella retire from daily operations at Naugatuck Savings Bank Charles J. Boulier, III and gradually transfer leadership over to Boulier. Craig W. Porter has joined Nutmeg Financial, MHC, as vice president and marketing director. In this role, he is responsible for effectively Craig W. Porter overseeing all marketing and advertising functions of Nutmeg Financial and its wholly owned subsidiaries, Naugatuck Savings Bank and Sutherland Insurance Group. Kathleen A. McPadden Kathleen A. McPadden has joined the bank as vice president of human resources. In this role, McPadden will be responsible for overseeing human resources and training for Naugatuck Savings Bank and Sutherland Insurance Group, and will serve on the bank’s Executive Management Committee.

Jim Cronin

Nick Caplanson

David J. Stanland

Dime Bank – Jim Cronin, president and CEO of Dime Bank, announced he will be retiring in September. Cronin has been with Dime for over 40 years and has served as its president and CEO for 24 years. Nick Caplanson, who is currently the senior vice president and chief financial officer at Dime, will become the 14th president and CEO. David J. Stanland has

John C. Adams

joined the bank as its new senior vice president and chief financial officer. John C. Adams has joined the bank as its new assistant vice president and technology officer.

Rockville Bank – William H. W. “Bill” Crawford, IV, officially became president and chief executive officer of Rockville Financial, Inc., and Rockville Bank in late William H. W. Crawford April. He joined Rockville Bank as its senior executive vice president in January 2011. He is a banking executive with a 23-year career at Wells Fargo & Company and its predecessor banks, Wachovia and South Trust. Fairfield County Bank – Gary C. Smith retired on June 30, 2011. Smith joined the bank as president and CEO in 1987 and has served 24 years with the Gary C. Smith bank. He will remain on the board of directors. David S. Schneider will succeed Gary C. Smith as CEO. He joined the bank in 1994. As CEO he will also be a member of the board David S. Schneider of directors. He has been CFO of Fairfield County Bank for the past nine years. Dan Berta will serve Fairfield County Bank as COO. He joined the bank Dan Berta in 2007 as executive vice president, coming from Chase ,where he had 17 years of service and the title of senior vice president. Stamford First Bank – CEO Jay Forgotson has announced that the bank has named a divisional board of community and business leaders to strengthen the foundation of the new bank that opened its doors in late July 2010. The board members include: 16

Ron Miller, Chairman, Jim Benjamin, Mike Berkoff, Gerry Bosak, Paul Bova, Don Corbo, John DeSimone, John DeMenna, Jr., David Eben, former Lt. Gov. Michael Fedele, Michael Gray, James Grunberger, Steven D. Grushkin, Bill Hennessey, Joseph Maida, Fran Pastore, Joseph Richichi, Mark Smith, Barbara J. Smith-Soroca, Jonathan Waxberg, and Penny P. Wickey. Chelsea Groton Bank – Ben Benoit has joined the bank’s board of directors. Benoit serves as president of the PCW Management Center, a family office, Ben Benoit providing financial, investment, tax and estate planning services. He also serves as the executive director of The PCLB Foundation, Inc., a sister entity. Simsbury Bank – Michael D. Nicastro has been elected a director of the bank. Nicastro has been involved with the Greater Bristol Chamber of Commerce, and is the senior vice presiMichael D. Nicastro dent and chief marketing officer of Open Solutions, Inc.

Steven Erickson

Windsor Federal Savings – Steven Erickson has been appointed to Windsor Federal’s board of directors. Erickson is a CPA and partner in the firm of Whittlesey & Hadley, P.C.

The Bank of New Canaan and Stamford First Bank – Michael J. Pida has been named vice president and residential sales manager. Pida has been vice presiMichael J. Pida dent and residential sales manager at The Bank of Fairfield since early 2010 and has more than 18 years of experience in the mortgage industry. He will lead all three banks’ residential lending teams.


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