ARTICLE
The Board of Directors of Artisans’ Bank elected Elizabeth D. Albano as the Bank’s 12th President and Chief Executive Officer and a member of the Board. Mrs. Albano previously held the position of Executive Vice President and Chief Financial Officer of Artisans’ Bank. Mark E. Huntley, Immediate Past President and Chief Executive Officer retired effective April 30, 2020. Mr. Huntley completes almost 42 years of service in both regional and community banking and over 6 years of service with Artisans’ Bank. Mr. Huntley said, “Beth is a strong leader with a deep understanding of all aspects of community banking. I am confident that she will lead Artisans’ Bank and its employees to a bright future.” Mrs. Albano has been employed by Artisans’ Bank for 29 years, serving in a variety of positions with increasing levels of responsibility. Beginning as a Management Trainee within the Audit Department, her career transitioned to the Finance Division where she progressed through various roles including Controller and Chief Financial Officer, making key contributions to the institution in the areas of strategic planning, core data and accounting systems integration, administrative cost control and staff development. In 2017, Mrs. Albano was promoted to Executive Vice President of the Bank. She has worked closely with Mr. Huntley and the Senior Management team to develop policy and ensure effective internal processes. As CFO, she was responsible for the management of the Bank’s Finance Division, strategic plan and budget, key regulatory affairs, external financial statement and control audits and tax accounting relationships. “I am honored to become the 12th President and CEO in Artisans’ Bank’s 159 year history,” said Mrs. Albano. “I am humbled by the confidence and trust the Board has placed in me and look forward to continuing the critical community bank mission of Artisans’ for years to come. I thank Mark for his leadership, mentorship and partnership over the past six years. I am confident as the Bank moves forward that we will continue to serve our customers and communities with excellence thanks to the great team of Artisans’ Associates.” Artisans’ Bank Board Member Jed Hadfield, said, “I am excited for the future of Artisans’ Bank as Beth Albano moves into the position of President and CEO. I offer my most sincere gratitude to Mark Huntley for his leadership over the last several years, some of the toughest in the institution’s history, in bringing the Bank back to good health following the effects of the Great Recession. During those challenging years Mark, Beth and the whole management team at Artisans’ performed tremendous work. Beth has demonstrated her depth of understanding of the Bank while immersed in the details of her role as EVP and CFO and has distinguished herself. It is with absolute confidence and excitement that I celebrate Beth’s transition to the leadership of the Bank as our President and CEO. My best regards to her and the whole Artisans’ Bank family.” Mrs. Albano is currently Chairman of the Delaware Bankers Association’s Board of Directors, which she joined in May 2015. Additionally, she serves on the Federal Home Loan Bank of Pittsburgh’s Member Advisory Board and the President’s Advisory Council of Mount Saint Mary’s University. Mrs. Albano holds a bachelor’s degree in Business and Finance from Mount Saint Mary’s University in Emmitsburg, MD. She enjoys serving local community organizations such as the Ronald McDonald House, the Food Bank of DE and Ursuline Academy. She is a lifelong resident of Wilmington where she resides with her husband, Joe, and their two daughters. About Artisans’ Bank Artisans’ Bank (Total Assets $559M as of March 31, 2020) founded in 1861 is a full service community bank with twelve (12) branch office locations statewide. The Bank offers a wide range of services in New Castle, Kent, Sussex Counties Delaware and Southeastern Pennsylvania. Artisans’ Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and an Equal Housing Lender. For more information, visit our website at www.artisansbank.com.