SIMSBURY, CT. – September 12, 2013 – Simsbury Bank is pleased to announce that Deborah Barber has been promoted to Assistant Vice President and Community Reinvestment Act (CRA) Officer. Ms. Barber has been the Bank’s Loan Compliance Administrator in the Mortgage and Consumer Lending Department since joining the Bank in 2011, a position she will retain.
Joan Beresford, Vice President, Loan Administration, said, “Deb has worked closely with Senior Management on many important loan compliance topics ensuring that the Bank retains its excellent reputation for customer service and compliance. She has demonstrated keen awareness of the regulations, and has provided valuable analytical and reporting support on CRA related matters. I am so pleased that she is ready to take on this additional responsibility.”
“I am thrilled with this opportunity,” said Ms. Barber. “I enjoy working with my team and the management of the Bank and find the ever-increasing regulatory requirements fascinating. I appreciate the confidence that my managers and the Board of Directors have shown in me.”
Before joining Simsbury Bank, Ms. Barber was with Webster Bank as a construction/ loan fulfillment manager for many years.
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.