Extebank Taps Stephen Maroney For Presidency

Stephen V. Maroney, who is celebrating his 30th year at Extebank, New York, was elected president of the bank.

Mr. Maroney has been executive vice president and director, a post he assumed in 1982.

Marcial Portela, chairman and president of Extebank since 1990, will continue to serve as chairman. Mr. Portela is returning to Spain as vice chairman of the newly formed Corporacion Bancaria Espanola (CBE), Madrid. Extebank is the U.S. banking unit of Banco Exterior de Espana, Madrid, the flagship bank of CBE.

Extebank (formerly Bank of Suffolk County) is based in Stony Brook, N.Y.

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