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Darien Rowayton Bank Names New Executive VP of DRB Mortgage

A subsidiary of Darien Rowayton Bank

 

Darien, CT, January 20, 2011 - Darien Rowayton Bank announced the hiring of
Kenneth S. Ferrari as Executive Vice President of DRB Mortgage, a subsidiary of Darien Rowayton Bank. Mr. Ferrari will be responsible for managing the Bank’s growing mortgage banking business.

Mr. Ferrari has over 20 years of mortgage lending experience. He spent the first ten years of his career at Fleet Bank in various roles with increasing responsibility in mortgage and consumer lending. Mr. Ferrari soon became Senior Vice President and Division Executive for two of the nation’s largest privately held mortgage bankers, where he was responsible for leading sales, underwriting, capital markets and project management.   Mr. Ferrari holds a B.S. in finance and economics from Westfield State University.

Bert Knotts, CEO of Darien Rowayton Bank says that “Ken's arrival at Darien Rowayton Bank emphasizes the expansion of our mortgage business as an important component of our Bank.” “We look forward to leveraging Ken's considerable mortgage banking experience. It will enable us to offer a broader variety of mortgage loans throughout Connecticut.”

DRB Mortgage is a subsidiary of Darien Rowayton Bank, a privately-owned community Bank that provides 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, along with a new line of mortgage products at highly 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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Contact:
Robert K. Kettenmann
President and Chief Operating Officer
Darien Rowayton Bank
203-669-4107