Fulton Savings Bank CEO to Retire, Plans to Remain in Area
Mike Pollock who has led Fulton Savings Banks as president and chief executive officer for several decades will retired Dec. 31.
“It is hard to imagine Fulton Savings Bank without Mike Pollock as president and CEO. His impact at the bank and on the community has been far reaching for so long that his name is synonymous with Fulton Savings Bank,” said Brian Caswell, chairman of the bank’s board of trustees.
After serving in various senior level positions at the bank from 1981 through 1993, Pollock was named president and CEO in 1994. He will be, at the time of his retirement, the longest serving president & CEO in the 150-year history of Fulton Savings Bank. Under his leadership, the bank has grown its operations dramatically. Today, the bank has 75 employees and six offices. The bank’s assets have grown to $450 million with a net worth of $120 million and it remains a mutual savings bank with no shareholders.
Pollock, a Fulton native, has been a fixture on business and community boards for four decades. From the United Way to Fulton Pop Warner Football, he has served on more than a dozen boards and commissions that touched virtually every aspect of life in the community. He was instrumental in developing and administering the bank’s financial giving program. Fulton Savings Bank donates over $100,000 annually to local nonprofits whose operations help make the community a better place to live. In addition, the bank awards over $30,000 each year to students from the local area who attend SUNY Oswego or Cayuga Community College.
“Serving as president and CEO of Fulton Savings Bank has been the honor of my life,” Pollock said. ”It was a privilege to work with so many wonderful people at the bank, in the community, and in the banking industry. What we accomplished at the bank and in the community is a credit to the organization I was privileged to lead.”
In his retirement, Pollock will remain on the Fulton Savings Bank board as a trustee and he and his wife, Joanne, will continue to reside in the city of Fulton.