Report a lost or stolen Debit/ATM Card please call 1 (844) 890-6189. | Routing #221971086 | NMLS #684320
Thursday, April 25 2019
Rondout Power Teams
Cheryl D. Bowers President & CEO
Cheryl Bowers President and CEO of Rondout Savings Bank joined the mutual bank eighteen years ago. Her in depth knowledge of the area and commercial banking experience was key to her role as a founding member of the bank’s business banking department. Bowers has been integral part of Rondout Savings Bank’s executive team since 2008 and has taken her leadership role as the bank’s first woman President and CEO in 2018. She has a strong track record of supporting technology advancements and strengthening consumer and business relationships.
She is a high honors graduate from the American Bankers Association Stonier Graduate School of Banking at the University of Pennsylvania in Philadelphia, PA and attended Wharton Business School, where she earned her Leadership Certificate. Cheryl is an active participant with the New York Bankers Association, where she serves on the Education Committee and Women in Banking Conference Committee and is a regular speaker at the Annual Women’s Leadership Conference.
Cheryl’s leadership and volunteerism have been recognized throughout the Hudson Valley and beyond. She serves on the boards of the Ulster Community College Foundation, Kingston Boys and Girls Club, Lions Club of Kingston, and Vassar Brothers Medical Center and is Past Board Chair of the Ulster County Regional Chamber of Commerce. She is a past honoree of the YWCA Tribute to Women and was named Volunteer of the Decade by Gateway Community Industries. In April of 2018 she was named Business Person of the Year and was inducted into the SUNY New Paltz Business Hall of Fame. In October of 2018 she was an honoree at the annual SUNY Ulster Community College Foundation Gala and was named Signora of the year by the Ulster County Italian American Foundation. Cheryl is a life-long native of Kingston, where she resides with her husband and two children.
Charles Cullen EVP, Chief Financial Officer & Chief Information Officer
With a 33 year background in accounting, 30 of it spent directly in the banking industry, Charles brings a wealth of experience to the position of Chief Financial Officer and Chief Information Officer at Rondout Savings Bank. As Chief Financial Officer, he is responsible for managing the accounting, investments, and funding areas of the Bank. As the Chief Information Officer, he is responsible for managing the information technology (IT) strategy and the computer systems required to support the Banks objectives and goals. Among other things, Charles is responsible for creating the bank’s operating budget and business plan as well as setting targets for its growth.
Charles’ path to the Chief Financial Officer and Chief Information Officer’s seat began when he was 18 years old, working in the supplies department at the former Mid-Hudson Savings Bank. From there Charles went on to graduate in 1990 from SUNY New Paltz with a degree in Business/Accounting. The Poughkeepsie native went to New York City, where he worked for the United Bank of Kuwait for three years. He then held executive positions at Rhinebeck Savings Bank, a CPA firm in New York City and then Putnam County Savings Bank followed.
Charles’ addition to Rondout Savings Bank was in part brought on by his attraction to Rondout Savings Bank’s commitment to the local community and the ways in which it lent assistance to so many local groups and community-supported agencies. Mr. Cullen is a board member for Gateway Community Industries and holds their Treasurer position. Mr. Cullen lives in Hyde Park with his wife, Karyn and three children.
Michael Shaughnessy SVP, Chief Lending Officer
Michael Shaughnessy has over thirty years of experience in Senior Management positions including Chief Executive Officer, Chief Credit Officer, Chief Lending Officer and Chief Financial Officer. He was named the Chairman of the American Bankers Association Mortgage Markets Committee in 2012 and has also served on the Freddie Mac Community Lender Advisory Committee between 2008 and 2013. With this background Michael brings experience and expertise to the Chief Lending Officer position at Rondout Savings Bank. He looks forward to further improving and growing Rondout Savings Bank’s residential and commercial lending programs.
Michael holds a Master’s Degree in Finance from Saint John’s University a Bachelor’s Degree in Accounting from Saint Peter’s University and is a graduate of the National School of Banking. He currently serves on Woodstock-Byrdcliffe Guild Finance Committee, the Ulster County Periodic Compensation Review Committee, and is the Chairman of the Board of Directors of Gateway Community Industry Inc.
Ann Swenson SVP, Chief Risk Officer
As part of the Senior Management Team, Ann is responsible for overseeing internal audit, compliance, Bank Secrecy Act (BSA), and commercial loan review.
Swenson holds a Bachelor of Science in Accounting from Marist College. Ann has 23 years of experience in the banking industry, and joined Rondout Savings Bank in 2006 as their Internal Auditor. She was promoted shortly thereafter to Assistant Vice President of Audit, and then Assistant Vice President of Risk Management. Ann is a graduate of the National School of Banking, and is a Certified Community Bank Compliance Officer (CCBCO).
As an active member of the community that Rondout Savings Bank serves, Ann sits on the Board of United Way of Ulster County. The Board oversees the many community programs and partnerships that the United Way provides by targeting funds to high quality, local programs and services that meet identified community needs.
Ann lives in Dutchess County with her husband and sons.
Marjorie S. Rovereto EVP, Chief Operating Officer
Ms. Rovereto is an accomplished senior executive and community leader with more than 32 years of banking experience. Over the course of her career, Ms. Rovereto has served as both President and Chief Executive Officer for both Ulster Savings Bank, headquartered in Kingston, NY and Hometown Bank of the Hudson Valley, headquartered in Walden, NY.
“Rondout Savings Bank has always delivered the highest level of customer service. I look forward to my role as Chief Operating Officer and being a member of a strong team dedicated to meeting customer needs”, stated Ms. Rovereto.
Ms. Rovereto, a Kingston resident, currently serves as an active board member of Center for Spectrum Services, the New York State Bankers Service Corp. Profit Solutions Board and the Ulster County Ethics Board. She earned her bachelor’s degree in finance and management from SUNY Albany. She is also a graduate of the National School of Finance and Management at Fairfield University.
Michael Kinsch Senior Residential Loan Originator, NMLS #768988
Each time I meet with someone who is looking to get a mortgage to buy or build a home or refinance their existing mortgage or make improvements, I am confident that Rondout Savings Bank offers the right financing solution that I can deliver in a friendly , knowledgeable and timely manner. My 20 years of experience in the Banking industry provides the skills necessary to tailor the right solution for the client, regardless of the need. I am a Kingston High School graduate and a 1998 Marist College graduate with a Bachelor’s degree in Finance. My dedication to residential lending has been recognized by Hudson Valley Magazine as the 2014-2016 “5 Star Professional Award Winner” and the 2015 Who’s Who recipient.
I currently live in Highland, NY and look forward to the opportunity to help you achieve your homeownership goals.
Terri Ferris AVP, Retail Area Manager
Terri joined Rondout Savings Bank in December 2014, bringing 27 years of banking experience with her. Terri has been hired as Assistant Vice President / Retail Area Manager. In this position Ferris will be overseeing and assisting the Branch Management Team in achieving daily sales and service responsibilities.
Rondout Savings Bank is very pleased the bank has added Terri Ferris to its relationship minded management team. “Terri is a banker with local community knowledge and roots, while being well-versed in the latest technological developments positively impacting banking services.”
Terri’s years of experience in the banking industry are matched by a strong commitment to community service. As a resident of Dutchess County, she has served on many chamber boards, not-for-profit committees, and Rotary Clubs. In addition to serving on many boards, Terri has been a volunteer for the American Cancer Society, American Heart Association, Juvenile Diabetes, and Womens Leadership Alliance.
Liz Moeller Senior Residential Loan Originator, NMLS#19253
My goal is to make a complex process easy, and to provide my customers with information that is presented clearly, so they can make informed decisions about their mortgage loan. I am a long-time resident of the Hudson Valley, and currently live with my family in Saugerties, NY. I began my banking career over 25 years ago as a Mortgage Loan Underwriter, working at both community and regional banks before joining Rondout Savings Bank as a Senior Residential Loan Originator. My decision to join Rondout Savings came from a belief that a community bank is best able to serve the needs of my customers. We work with local attorneys to ensure that the mortgage experience is both friendly and professional. Our underwriting and loan approvals are done locally, allowing closings to happen quickly.
I am proud to be part of the team at Rondout Savings bank, and to help support Rondout’s “Dividends to the Community” program, which donates 10% of the bank’s profits each year to the communities we serve.
Stephen J. Sickler VP Commercial Loan Officer
With more than 20 years experience in the banking industry, Stephen brings a life-time of experience to each business client interaction. He provides solutions tailored to meet each client’s specific need, with the ability to serve as a trusted advisor, he takes pride in helping his clients choose the very best solution. Stephen is a graduate of Kingston High School and St. Bonaventure University. He has served on the Boys & Girls Club of Ulster County Board of Directors for over 15 years and also sits on the Board of Directors for the Wiltwyck Rural Cemetery Association. Stephen resides in Lake Katrine with his two children and looks forward to meeting you!
Evan Rothfuss AVP, Commercial Loan Officer
Evan Rothfuss joined Rondout Savings Bank in 2014 and his current position is AVP, Commercial Loan Officer specializing in commercial mortgages and construction loans on all asset classes, in addition to business lines of credit and term loans. Evan utilizes his 5 years of experience with Rondout Savings as a commercial credit analyst in order to provide unique and flexible financing solutions and business loan products that meet each client’s individualized need.
Evan is a participant in the Hudson Valley Pattern for Progress Fellows Program and is also involved with the American Heart Association’s Heart Walk. Evan is a graduate of SUNY Geneseo, he holds a Bachelors in Business Administration and currently resides in Rhinebeck.
Stephanie Premo Business Development Officer
Offering over 20 years of experience in developing and cultivating business relationships, Stephanie is confident in her role as Business Development Officer. She is committed to meeting the needs of local businesses. She is currently employed at Rondout Savings Bank as a Business Development Officer where she works with local businesses in Ulster & Dutchess Counties.
Prior to joining the Rondout Team, she was a Relationship Manager for both JP Morgan Chase & Key Bank.
Volunteering and giving back to the community is very important to her. Stephanie is an Ambassador for the Ulster County Chamber of Commerce and an active member of the Dutchess County Chamber. She is a committee member for the Tour De Kingston. In the past, she has the position as Board Secretary for Kingston Uptown Business Association and was a very active committee member for their annual Snowflake Festival.
Stephanie holds a Bachelor’s degree in Business Administration from Mt. St Mary College and an Associate’s Degree in Business Management from Ulster County Community College. She is a lifelong resident of the Kingston area and currently resides in Accord.
Jennifer Fabiano AVP Director of Marketing
With more than 10 years of experience in the financial services industry, Jennifer brings a deep understanding of banking operations, business development, and community relations. As Assistant Vice President and Director of Marketing, she is responsible for overseeing the bank’s marketing initiatives and public relations activities, which include the bank’s Dividends to the Community program that supports not-for-profit organizations in Ulster and Dutchess counties. She also leads the bank’s merchant services program, working closely with many area businesses. From 2012 to 2016 she held leadership positions at Rondout Savings Bank as Branch Manager and Business Development Officer.
A life-long resident of the Hudson Valley and active volunteer for several organizations, she has earned the trust of her clients and the community. A 2013 graduate of the Ulster Leadership Development Institute, she serves on the Benedictine Health Foundation Board and is a member of Junior League of Kingston. She is a past commissioner of the Kingston Parks and Recreation Department.
Jennifer holds bachelor’s degree in Communications with a concentration in Business Administration from SUNY University at Albany and has completed advanced coursework in Bank Marketing with the American Bankers Association. She resides in Kingston, NY with her husband and two daughters.
Michael Risko Financial Consultant, Infinex Investments Inc./Investors MarketPlace
Michael has been in the financial industry for over 20 years. With this tenure, he has specifically focused on working with individual retail clients in building investment portfolios to meet various financial goals. Michael’s area of expertise includes mutual funds, tax free bonds, annuities, individual equities and more. Investors Marketplace is a full service brokerage arm of Rondout Savings Bank designed to help clients with any financial need they might have. Michael works closely with all of the bank’s five branches and their clients. Let Michael put his knowledge to work for you and call or email him to schedule an appointment today!
Rondout Board of Trustees
Top Row, Left to Right
Heidi Goodrich Kirschner —President & Chief Executive Officer, YMCA of Kingston and Ulster County
William F. Stote —Vice President of Sales, BSN Sports
Dennis M. Larios —President, Brinnier and Larios, P.C., Professional Engineers and Land Surveyors
Bradley W. Jordan —President, Herzog Supply Co., Inc. and Kingston Plaza
Bottom Row, Left to Right
Richard Croce — President, Viking Industries
Frank G. Ostrander, III —Chairman of the Board of RSB Trustees, Retired, Operations Budget Director, CH Energy Group, Inc.
Ian Horowitz —President & Chief Executive Officer, J & A Roofing