WCA’s CEO Honored to Serve and Contribute to Growth of Regional Bank
Greater Hudson Bank announced this week the appointment of William M. Mooney, Jr., chief executive officer of the WCA, to its board of directors. Over the course of his career, Mooney has been a prominent force in the Hudson Valley region's business and banking community. He brings a wealth of expertise and insight to his new role with Greater Hudson, including senior positions at Independence Community Bank, where he was responsible for all business activities in Westchester County and Connecticut, Union State Bank, and Chase Manhattan Bank and Chemical Bank, where he oversaw all retail and small business activities in the New York Metropolitan area. He also served as President and CEO of Hudson Valley Bank.
In his announcement, Kenneth J. Torsoe, chairman of the board of Greater Hudson Bank, said: “[Mooney’s] addition to the Greater Hudson Bank Board of Directors is a significant accomplishment as he will provide helpful insight in strategic business opportunities as well as bringing knowledgeable banking expertise to our company. His strong leadership skills, business acumen and banking background, as well as his expansive knowledge of the Hudson Valley, make him a great addition to the Board."
Greater Hudson Bank is a locally-owned, growing commercial bank operating in the counties of Westchester, Rockland and Orange, New York. Founded in 2002, the bank has grown to five branches, over 50 employees and more than $390 million in assets. GHB specializes in providing customized banking services to Hudson Valley based businesses, non-profits and municipal agencies is chartered by the New York State Department of Financial Services and its deposits are insured by the FDIC.
For his part, Mr. Mooney said it was an honor to be appointed. “I’ve had the pleasure of working with the leadership of Greater Hudson Bank on the WCA’s BLUEPRINT for Westchester, our campaign for driving economic vitality in Westchester and the region. I look forward to continued collaborations, and working with the board on the continued growth and success of this important institution.”
Edward T. Lutz, Greater Hudson’s President and CEO echoed Torsoe’s endorsement of Mooney’s appointment. "I am extremely excited to have Bill on our Board. The Bank is committed to growing in the Hudson Valley especially in Westchester County and there is no better person to help us accomplish that goal than Bill. He is a knowledgeable, experienced and well-respected professional and he will be a valued addition to the Board and Bank. We are confident that he will help us to expand our presence within our markets," said Mr. Lutz.
Over the years, Mr. Mooney has served on several boards in the not-for-profit and educational communities. He was chairman of the board of the United Way of Westchester and Putnam Counties, St. Thomas Aquinas College, Westchester County Association, American Heart Walk, Westchester Partnership for Economic Development, CYO Rockland County, Red Cross Rockland County and Rockland Center for the Arts. He also served as chairman of the board of CMS Bank. He was honored in 2004, with The Ellis Island Medal of Honor that recognizes individuals for their exceptional humanitarian efforts and outstanding contributions to the nation; and received an Honorary Doctor of Humane Letters from Mercy College in Dobbs Ferry, NY and an Honorary Doctor of Commercial Science from St. Thomas Aquinas College in Sparkill, New York.