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Liberty Bank in Middletown, Conn., has agreed to buy Naugatuck Valley Financial in Naugatuck, Conn.
June 4 -
Merchants Bank of Bangor in Pennsylvania has tapped its chief operating officer, Tracey Smith, to become chief executive next year.
September 17 -
Codorus Valley Bancorp in York, Pa., has hired Dwight Utz as its chief operating officer. Utz succeeded Mike Allen, who resigned in March and is now executive-in-residence of The Graham Center for Entrepreneurial Leadership Studies at Penn State University.
September 23
Catskill Hudson Bank in Kingston, N.Y., has hired a former Naugatuck Valley Financial director as president.
The $408 million-asset bank named Orville Aarons named to the post on Tuesday. Aarons, who was 61 in May, will also join the bank's board.
Aarons has worked as a consultant for Catskill Hudson since April, advising it on its balance sheet and future planning. He previously ran a consulting firm, O. Aarons & Co., for more than 20 years. Aarons also previously was the chief lending officer at Community Bank in Bridgeport, Conn.
Mario Martinez remains Catskill Hudson's chairman and chief executive.
Prior to his appointment with Catskill Hudson, Aarons on Friday
Catskill Hudson Bank operates 12 branches in Sullivan, Orange, Ulster, Dutchess and Saratoga counties in New York.
