Marjorie S. Rovereto is the new president of Hometown Bank of the Hudson Valley, which is based in Walden.
The move was made by the board of directors of Hometown Bancorp Inc., its mutual holding company parent Hometown Bancorp, MHC and its wholly owned subsidiary, Hometown Bank of the Hudson Valley.
Rovereto, a senior executive and leader in the community banking industry with more than 25 years”™ experience, assumed her duties Aug. 13.
The past president and CEO of Ulster Savings Bank earned a bachelor of science in finance and management from The State University of New York at Albany. She is also a graduate of the National School of Finance and Management at Fairfield University and has studied at Union College.
She is taking over for Thomas F. Gibney, president and CEO, who will be retiring at the end of the year. He will remain CEO until his retirement.
Hometown Bank has six full-service branches in Walden, Montgomery, Otisville, Newburgh and two in Monroe. Its mortgage and loan center is in Walden, with its commercial loan division next door to its Newburgh branch.
