Bogota Savings of New Jersey Hires New CFO

Bogota Savings Bank in Teaneck, N.J., has hired Brian McCourt as its chief financial officer.

The $370 million-asset thrift said in a press release Wednesday that the CFO responsibilities were previously handled by Joseph Coccaro, who is also its president and chief executive.

Coccaro said in the release that McCourt's hiring allows him to focus on growing the thrift. At Dec. 31, the thrift had a total risk-based capital ratio of 20.99%, with problem credits making up a mere 0.58% of total loans.

McCourt was previously a controller at Spencer Savings Bank in Elmwood Park, N.J.

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