Due to the planned retirement of the bank’s President and CEO, Maureen Frank, S&W has been retained by New Haven Bank (“NHB,” newhavenbank.com) to manage the search and selection process for the bank’s next chief executive.
Headquartered in New Haven, Connecticut, New Haven Bank is an approximately $185MM CFDI bank. Designated in 2010, NHB is the only Community Development Financial institution (CDFI) bank in the State of Connecticut and is driven by its mission of supporting economically underserved communities within the Greater New Haven area. The bank provides a range of deposit and lending services to the people, businesses, and communities in their footprint and recently invested in new technology to further allow their customers to bank digitally. Continuing to grow and provide “face-to-face service quality and execution with excellence,” in accordance with their mission, NHB is opening a second branch in West Haven. The West Haven branch epitomizes the bank’s goal of providing banking services in areas currently not adequately represented by community-centric lending and relationship banking. NHB operates under a nonprofit holding company, First City Fund Corporation, a charitable nonprofit foundation whose charter mandates the formation of a locally based community bank to assist in the economic development and progress of the City of New Haven. The bank maintains excellent capital and asset quality. NHB is regulated by the Federal Reserve Bank of Boston and the Connecticut Department of Banking.
The President and CEO of New Haven Bank is responsible for the overall leadership and stewardship of this important community financial institution. We are seeking exceptionally well-rounded, community-centric banking talent with a broad understanding of community banking, a proven track record of executive leadership, and shared values of the role New Haven Bank plays in the communities that it serves. For additional information, or to arrange a confidential conversation, please contact a member of the S&W search team: Moriah Maron, Consultant, Financial Services (email@example.com) or Cameron Boyd, Managing Partner, Financial Services (firstname.lastname@example.org).