SBT Bancorp, Inc. Announces Richard J. Sudol’s Appointment as Chief
SIMSBURY, Conn. -- August 26, 2013
SBT Bancorp, Inc. (OTCBB: SBTB) (Cusip 78391C106), the holding company of
Simsbury Bank, announces that Richard J. Sudol has joined its team as Senior
Vice President and Chief Financial Officer of both the Bank and SBT Bancorp,
Inc. In this role, Mr. Sudol has overall responsibility for all financial
functions of the organization.
“We are very pleased to have Richard Sudol join our team,” said Martin J.
Geitz, President and CEO of SBT Bancorp, Inc. and Simsbury Bank. “Rich has
extensive experience at both regional and community banks, and in a variety of
roles. He brings to us a depth of knowledge and experience in all aspects of
financial planning, reporting and control activities that we need as we
continue to implement our growth strategies. With our long-time CFO, Anthony
Bisceglio’s pending retirement, it was critical that we find a successor who
can carry on Tony’s strong leadership of our financial area. We believe that
we have found that in Rich Sudol.”
Mr. Sudol was most recently the Chief Financial Officer of Florida Shores
Bank. Earlier in his career, Mr. Sudol was 13 years with Webster Financial
Corporation serving in a variety of financial roles. He obtained his
undergraduate degree in Accounting from Central Connecticut State University
and his MBA from Quinnipiac University. Mr. Sudol and his family reside in
Simsbury Bank is an independent, publicly owned community bank for consumers
and businesses based in Central Connecticut’s Farmington Valley. Simsbury
Bank’s parent company is SBT Bancorp, Inc. whose stock is traded under the
ticker symbol OTCBB: SBTB. The Bank serves customers locally through branches
in Avon, Bloomfield, Granby and Simsbury and regionally through mortgage and
commercial bankers active throughout Southern New England. Simsbury Bank
customers enjoy internet banking and mortgage services at, respectively,
www.simsburybank.com and www.simsburybank.com/mortgages. Bank customers have
free ATM access at thousands of machines across the country through the SUM
program. The Bank offers financial planning, investment and insurance products
through LPL Financial and its affiliates, member FINRA/SIPC.
SBT Bancorp, Inc.
Susan Presutti, 860-408-5493
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