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Darien Rowayton Bank Announces New Chief Financial Officer Darien, CT, August 3, 2010 – Darien Rowayton Bank announces that it has hired Kenneth A. Schmidt as Senior Vice President and Chief Financial Officer. Mr. Schmidt has over 20 years of banking experience. Mr. Schmidt began his career at the Dime Bancorp where he was the Deputy Treasurer. Following the Dime he worked for two international banks. Most recently he was part of the management team responsible for establishing a retail bank in the U.S. for Banco do Brasil. His experience includes asset liability management, loan and securities portfolio management, liquidity and risk management. Mr. Schmidt holds an M.B.A. in Banking and Finance from Hofstra University. Mr. Schmidt and his family have lived in Darien since the early 1990s. “Ken is a terrific addition to our management team at Darien Rowayton Bank”, commented Bob Kettenmann, President. “We are fortunate to have a seasoned professional with broad experience to lead our financial function while we continue to grow our banking presence in the community.” Darien Rowayton Bank recently announced its commitment to lend $80 million to homeowners and small businesses in an effort to strengthen the flow of credit in the community. It is a privately-owned bank whose core mission is providing superior service and financial products to self-employed clients, local businesses and community members. With two offices conveniently located in Darien and Rowayton, the Bank offers a full complement of consumer and business banking products, as well as a new line of mortgage products offering very competitive rates. Darien Rowayton Bank operates under the authority of the State of Connecticut Department of Banking and is FDIC insured.
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