Orange Bank and Trust makes promotions

MIDDLETOWN — Michael Gilfeather, president and CEO of Orange Bank and Trust, announced some recent promotions and the election of new directors.
Michael J. Coulter of Walden is the bank's new chief lending officer, succeeding Mary Ellen Rogulski, who retired in April.
At Metropolitan Bank in Manhattan, Coulter held the same functional position as executive vice president. Prior to Metropolitan, he held progressively more senior positions at BBVA Compass Bank, Sun National Bank, Citizens, and Key Bank, all in the greater New York City and Hudson Valley markets.
Mary Ellen Rogulski of Middletown began her career at Orange (County) Trust Company in 2002. During her tenure, the bank’s commercial loan portfolio more than tripled in size, leading Orange Bank and Trust to its position as a preeminent business lender in Orange County. Ms. Rogulski intends to remain closely connected to the community through her participation in various civic organizations, including the Orange County IDA.
Gerard A. Perri of Middletown, who has overall responsibility for finance, accounting and information technology, was promoted to executive vice president. He joined Orange Bank and Trust in July 2012 as senior vice president and chief financial officer, overseeing all aspects of finance and accounting. In 2014, his role expanded to include oversight of the Bank’s IT Department.
With more than 40 years of industry experience, Perri has been involved in the finance, accounting, and information systems functions of public and private community banks throughout the metropolitan area. He was previously chief financial officer of Herald National Bank, where he oversaw all accounting, finance, treasury, and compliance responsibilities.
Perri received his undergraduate degree from City University of New York and his master’s degree in business administration from Adelphi University. He is a graduate of the National School of Banking at Fairfield University, and a member of the Financial Managers Society and Institute of Management Accountants. Gerard has been a resident of Orange County for almost 30 years.
Directors elected The shareholders of Orange County Bancorp on May 16 elected to serve three-year terms directors and fellow shareholders Richard Rowley, Susan Metzger and Michael Gilfeather.
“I enjoy working with all the directors and I know Richard, Susan and Michael will continue their good work on behalf of the company’s shareholders,” said Lou Heimbach, board chair.
The company is also the parent of Hudson Valley Investment Advisors in Goshen.
Gilfeather also reviewed 2016 results and highlights from the first quarter of 2017.
He said 2016 "was a highly productive year for the Bank. Our financial results reflect the return on recent investments in people, market expansion and product.
"The Bank turns 125 years old in 2017 and though we continue to adhere to traditional, conservative banking principles, we are forging ahead with significant investments that will position us as a leader in delivery of modern community banking products and services.”
Orange County Bancorp is the parent company of Orange Bank and Trust Company and Hudson Valley Investment Advisors.
In March Orange Bank and Trust has relocated its trust services division from the headquarters in Middletown to the Chester office at 91 Brookside Avenue.
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