Essex, CT The board of directors of Essex Savings Bank has named Diane Arnold, formerly senior vice president and chief lending officer, as the new president and CEO effective August 1.
Arnold began her banking career in 1983 and she worked in a variety of departments at two different banks before joining Essex Savings Bank in 2002, where she ultimately rose to her current position. During her 19 years at the bank, she has been particularly influential in developing the commercial loan portfolio and in mentoring many individuals. She has been involved in a number of community organizations for many years, and in 2017 she received a Women of Fire Award, recognizing key female leaders in the finance, insurance and real estate sectors. Arnold earned a B.S. degree in Economics from Quinnipiac College and is also a graduate of the Connecticut School of Finance and Management.
Arnold said, “As a community bank, we have a key role in supporting the individuals and businesses located within our market area. I am excited to lead the Bank forward in the coming years, while building upon our solid 170-year history.”
Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851. The bank serves the Connecticut River Valley and shoreline with six offices in Essex (2), Chester, Madison, Old Lyme and Old Saybrook providing a full complement of personal and business banking.