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.