Jeffrey J. Levitsky
Simsbury-based The Simsbury Bank & Trust Co. recently promoted Jeffrey J. Levitsky to assistant vice president, controller and Catherine T. Martini to assistant treasurer, planning and administration manager.
Levitsky has been with the bank since 1997. As the bank has grown, he has taken on an increasing amount of financial and accounting responsibility and most recently served as assistant treasurer, controller. He is primarily responsible for maintaining the bank’s financial records, coordinating financial reporting to regulatory agencies and the bank’s board of directors, providing leadership in the ongoing planning and budgeting process and managing the accounting staff. Before joining the bank, Levitsky had several years of bank accounting experience, most recently with the Bank of New Haven. He holds a bachelor’s degree from Bentley College and a master’s degree from the University of Hartford.
Martini joined the organization in 1998. Her duties have increased as the bank has grown over the years and she most recently held the position of executive project administrator. Over the years, her responsibilities have expanded to include playing an important role in the planning and implementation of many major bank-wide initiatives including Internet banking, opening new branches and the introduction of new products. Martini is enrolled part-time at Central Connecticut State University working toward a degree in business administration with a concentration in management information systems.
COCC Hires DeMore
Wendy W. DeMore recently joined Avon-based COCC’s executive management team as senior strategic product officer. In her new position, DeMore will oversee the strategic direction of COCC’s expanding product offering.
“Today’s announcement positions COCC for the expanding role of technology services in the future of the banking industry,” said Richard A. Leone, president and chief executive officer of COCC. “Our clients increasingly look to us to provide a comprehensive service offering that anticipates their needs. Ms. DeMore’s extensive banking experience will be invaluable in developing the emerging technologies that dramatically increase banking efficiency.”
In her new role, DeMore will monitor, research and analyze industry trends to help COCC’s executive team decide its product development direction. DeMore will also assess customer needs to guide the planning, development and performance of COCC’s product and service offerings.
“COCC is probably the most exciting place to work in banking right now,” DeMore said. “The company’s product set has expanded dramatically in recent years, while increasing product needs resulting from current market forces and the tightening regulatory environment continue to raise the bar for product development. With more financial institutions looking to COCC to deliver the benefits of technology in achieving their strategic goals, this position promises to have great impact on financial institution success for many years to come.”
During her career in the banking and retail industries, DeMore has accumulated extensive banking and financial services management and marketing experience. She said she will share her understanding of the needs of financial institutions as she helps to determine future product direction.
COCC has been particularly active in the financial services marketplace, signing 10 new core processing clients in the past year. Agreements with non-core clients for strategic products, particularly Oracle Financials, image processing, networking and risk management, have pushed COCC to a record number of clients and the market momentum shows no signs of slowing.
“Several years ago, COCC wisely decided to build its processing platform on an open core system,” said DeMore. “That decision and the product decisions following it have made COCC the premier service provider in the United States. I am proud to be part of this growing company.”
