New CFO at The Westchester Bank

Kenneth D. Walter
Kenneth D. Walter

Former New Jersey banker Kenneth D. Walter has been named chief financial officer and senior vice president at The Westchester Bank in Yonkers.

Westchester Bank officials said he will be responsible for the bank”™s financial management, including budget control, cost-benefit analysis, forecasting needs and its investment portfolio.

A certified public accountant, Walter most recently was chief financial officer of BCB Community Bank and BCB Bancorp Inc. in Bayonne, N.J.  He previously held senior management positions with New Jersey”™s Pamrapo Bancorp Inc., including serving as interim president and CEO and as CFO for nine years.

Walter in a press release said The Westchester Bank has “a sound growth strategy in place and an important part of my role is to continue to build the financial controls consistent with the bank”™s accelerated growth.”