| Simsbury Bank Announces Charles Forgie's Retirement |
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| Friday, 18 November 2005 | |
Simsbury Bank Announces Charles Forgie's RetirementSIMSBURY, CT, (NAMC) - The Simsbury Bank & Trust Company (OTCBB: SBUY) announced the retirement of Executive Vice President and Chief Lending Officer Charles D. Forgie, effective August 31, 2006. Mr. Forgie was one of the Bank's original employees, joining in 1994. He has held the position of chief lending officer since the Bank opened in March 1995. A search for his successor has begun, and Mr. Forgie will be involved in the selection and the transition of the new chief lending officer. He continues to be fully responsible for the Bank's lending activities. "Chip's decision to retire at this time caps an extraordinary banking career whose final chapter was playing a central role in building a strong, high performing community bank from scratch," said Martin J. Geitz, president and CEO of The Simsbury Bank. "While I recognize Chip's desire to retire, I am sorry to lose a valued partner in leading The Simsbury Bank earlier than expected. We are grateful for Chip's many contributions to the Bank's success, and wish him the very best." The Simsbury Bank & Trust Company is a locally-controlled, customer-friendly commercial bank, for businesses and consumers, with approximately $200 million in assets. The Bank serves customers through full-service offices in Simsbury, Granby, and Avon, Connecticut, SBT Online Internet banking at simsburybank.com, free ATM transactions at 2,800 machines throughout the northeastern U.S. via the SUM program in addition to thousands of ATM locations world-wide, and 24 hour telephone banking. The Bank offers investment services through its wholly-owned subsidiary, SBT Investment Services, Inc. The company's stock is traded over-the-counter under the ticker symbol OTCBB: SBUY. Visit the Bank's website at www.simsburybank.com Contact: |
