National Iron Bank Appoints New Chair, Vice Chair of the Board
National Iron Bank, a $298 million-asset community bank based in Salisbury, has appointed its new chairman and vice chairman of the board.
National Iron Bank, a $298 million-asset community bank based in Salisbury, has appointed its new chairman and vice chairman of the board.
The holding company for Salisbury-based National Iron Bank completed a $6 million private stock offering in March.
National Iron Bank may be small, with only $270 million in assets, but President and CEO Steven Cornell says the bank’s size is one of its strengths.
Salisbury-based National Iron Bank is celebrating its 175th anniversary this year.
With many banks struggling to match these deposits with loan growth, this excess liquidity could grow into a concern for in the coming quarters.
Salisbury-based National Iron Bank has hired Christopher Bruno as the residential and commercial lending officer for Fairfield and New Haven counties.