Alliance, NBT Bank Announce That Richard Shirtz Will Serve As
Regional President
SYRACUSE, N.Y. and NORWICH, N.Y., Oct. 18,
2012 /PRNewswire/ -- Alliance Bank President and CEO
Jack H. Webb and NBT Bank President
and CEO Martin Dietrich announced
that Richard J. Shirtz will serve as
Syracuse regional president for
NBT Bank following the completion of the pending merger between NBT
Bancorp Inc. and Alliance Financial Corporation.
Shirtz, who will continue to be based in Syracuse, is currently senior vice president
and manager of the commercial banking group at Alliance. He has
more than 30 years of banking experience. Prior to joining Alliance
in 2009, he served as district president and senior vice president
of commercial banking for Citizens Bank and, before that, senior
vice president and relationship team manager for KeyBank.
"Since joining our organization, Rick
Shirtz has been a significant contributor to the success of
Alliance," said Webb. "I look forward to continuing to work with
him as a part of the NBT Bank team to deliver the highly
personalized and responsive community banking that has been the
hallmark of Alliance's success." As earlier announced, Webb will
join NBT's Executive Management Team as Executive Vice President,
Strategic Support, and will join the NBT Bancorp Board of Directors
upon completion of the merger.
As Syracuse regional president
for NBT Bank, Shirtz will have responsibility for its commercial
banking business and geographic oversight of all other area
business units. "We're pleased to have Rick
Shirtz taking on this important role," commented Dietrich.
"Rick's extensive banking experience and knowledge of Alliance
customers and the Syracuse,
Oswego, Oneida and Cortland markets position him to successfully
lead our efforts and build upon the strong foundation created by
Alliance Bank."
A life-long resident of Syracuse, Shirtz is actively involved in the
community and serves as a member of the Board of Directors of Home
Headquarters and The First Tee of Syracuse. He is also a member of the Syracuse
Roman Catholic Diocese Investment Committee and the CenterState CEO
Partners Advisory Committee. Shirtz holds a bachelor's degree from
LeMoyne College and an MBA from the
Martin J. Whitman School of Management at Syracuse University. He also completed graduate
studies in bank management at the Stonier Graduate School of
Banking at Rutgers University in
New Jersey.
NBT Bank offers personal banking, asset management and business
services through a network of 137 banking locations in 5 states.
NBT Bank operates from 97 locations in upstate New York, northwestern Vermont and western Massachusetts. NBT's Pennstar Bank division
operates from 35 locations in northeastern Pennsylvania, and its Hampshire First Bank
division operates from 5 locations in southern New Hampshire. NBT Bank and its parent
company, NBT Bancorp Inc., are headquartered in Norwich, N.Y. NBT Bancorp Inc. had assets of
$6.0 billion as of June 30, 2012, and is traded on the NASDAQ Global
Select Market under the symbol NBTB.
Alliance Bank, N.A. offers retail, commercial and municipal
banking services and trust and investment services through 28
offices in Cortland, Madison, Oneida, Onondaga and Oswego counties. Alliance Bank and its
parent company, Alliance Financial Corporation, are headquartered
in Syracuse, N.Y. Alliance
Financial Corporation has assets of $1.4
billion as of June 30, 2012,
and is traded on the NASDAQ Global Select Market under the symbol
ALNC.
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Contacts:
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NBT Bank,
N.A.
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Alliance
Bank, N.A.
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Martin
Dietrich
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Jack H.
Webb
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President
and CEO
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President
and CEO
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607.337.6119
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315.475.6703
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SOURCE Alliance Financial Corporation