Business & Tech
New Canaan Resident Among 4 New Corporators Elected By Fairfield County Bank
Fairfield County Bank recently held its 154th annual meeting, during which a vote was held to elect four new corporators.
NEW CANAAN, CT — Fairfield County Bank recently held its 154th annual meeting, during which a New Canaan resident was among four people elected as new corporators.
According to a news release provided by Fairfield County Bank, the annual meeting was held at the Silver Spring County Club in Ridgefield to "inform the corporators on the financial well-being of the bank, success and growth over the past year and strategic plans of the coming year."
Attendees included the Board of Directors, the Board of Incorporators and the senior management of the bank.
Find out what's happening in New Canaanfor free with the latest updates from Patch.
Chairman of the Board Ralph DePanfilis welcomed the attendees to the meeting and announced the appointment of Raymond Rizzio as the newest board member to join the bank's Board of Directors.
He also expressed gratitude to Phyllis Zappala and David Henry for their dedicated service over their board term.
Find out what's happening in New Canaanfor free with the latest updates from Patch.
DePanfilis then led the vote to elect four new corporators: Mark Connelly and Tommy Febbraio of Fairfield, Mark Fitzgibbon of New Canaan and Karla Murtaugh of Ridgefield.
According to Fairfield County Bank, Fitzgibbon is the managing director and head of FSG Research at Piper Sandler and serves on the Board of Directors of New York's Finest Foundation.
Connelly is the president and CEO of FCB Insurance Services, a HUB International company. Febbraio is the principal and managing partner of the Febbraio Commercial Team at Berkshire Hathaway HomeServices New England Properties and acclaimed Fairfield County restaurateur.
Murtaugh is a founding agent of the Compass Real Estate Ridgefield office and the top producing realtor in Fairfield County, according to Fairfield County Bank.
CEO David Schneider and President Daniel Berta presented on the financials of the bank, the product and service offering, innovation across the organization, and community engagement.
The presentation highlights included a review of the strong financial position of the bank in relation to current economic strains on the industry from Schneider, who also discussed the bank's commercial lending successes, which was underscored by recent recognition as the 2024 Bank of the Year by BDC Capital and the Connecticut District Small Business Administration's 504 3rd Party Lender of the Year, according to Fairfield County Bank.
Berta spoke on a wide range of topics, including the bank's "unwavering commitment to the Fairfield County community," according to Fairfield County Bank.
In 2024 alone, the bank contributed over $560,000 in corporate donations, while its employees volunteered more than 5,700 hours across 250+ local organizations, according to Fairfield County Bank.
Berta also highlighted the bank's recognition as the top-ranked bank in Connecticut by Forbes, based on an independent study conducted by Statista, according to Fairfield County Bank.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.