Savings bank

Mike Pollock retires as Chairman and CEO of Fulton Savings Bank | Business

FULTON – After 41 years of dedicated service to Fulton Savings Bank, Mike Pollock will retire as President and CEO of the bank on December 31. The announcement was made by Fulton Savings Bank Chairman of the Board, Brian Caswell.

“It’s hard to imagine Fulton Savings Bank without Mike Pollock as President and CEO. Its impact on the bank and on the community has been significant for so long that its name has been synonymous with Fulton Savings Bank, ”said Caswell. “Known as a savvy businessman and community leader, Mike has always put the needs of the customers, employees and the community he loves first. He worked diligently to ensure that everything Fulton Savings Bank did was in the best interests of the bank’s customers, and he never lost sight of the bank’s responsibility to help the community and its people. residents. Unsurprisingly, thanks to Mike’s leadership and a team that has always shared the same values, Fulton Savings Bank has become one of the strongest banks in New York State and an economic anchor in our region ”.

After holding various executive positions at the bank from 1981 to 1993, Pollock was appointed President and CEO in 1994. Upon his retirement, he will be the oldest President and CEO in 150 years. history of Fulton Savings. Bank. Under his leadership, the bank significantly expanded its operations, Caswell said. Today, the bank has 75 employees and six offices. The bank’s assets have grown to $ 450 million with a net worth of $ 120 million and it remains a mutual savings bank with no shareholders.

“The growth and success of Fulton Savings Bank is not the only story of Mike’s tenure as President and CEO,” said Caswell. “Over the years, businesses, community organizations and government entities across the community have come to him for advice, guidance and assistance.”

Pollock, a native of Fulton, has served on corporate and community boards for four decades. From United Way to Fulton Pop Warner Football, he has served on over a dozen boards and commissions that have touched virtually every aspect of life in the community. He was instrumental in the development and administration of the bank’s financial giving program. Fulton Savings Bank donates more than $ 100,000 per year to local nonprofits whose operations help make the community a better place to live, Caswell said. In addition, the bank annually awards more than $ 30,000 to area students attending SUNY Oswego or Cayuga Community College.

“Being President and CEO of Fulton Savings Bank has been the honor of my life,” said Pollock. “It has been a privilege to work with so many great people in the bank, in the community and in the banking industry. What we have accomplished at the bank and in the community is a credit to the organization that I have had the privilege of leading. What we have accomplished at the bank during my tenure would not have been possible without the hard work, dedication and support of so many current and former colleagues. I have no doubts that Fulton Savings Bank has a bright future and will continue to be an economic catalyst for all residents, businesses and community organizations in the region.

Upon retirement, Pollock will remain on the board of directors of Fulton Savings Bank as a director and he and his wife, Joanne, will continue to reside in the town of Fulton.

Fulton Savings Bank has offices in Fulton, Baldwinsville, Phoenix, Central Square, Brewerton and Constantia with 11 automated teller machines (ATMs) throughout its service area.

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