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January 2, 2018

Alden State Bank Completes Management Transition

With the beginning of the New Year, Alden State Bank, of Alden, New York, completed a management transition that was announced earlier in 2017. Effective January 1st, Steven J. Woodard assumed the position of President and CEO.  He has been with the Bank for 31 years.  Richard D. Koelbl, the Bank’s President and CEO for the past 26 years, will remain in an active role as Chairman of the Board of Directors.

Steven_Woodard   Richard_Koelbl

Steven J. Woodard    Richard D. Koelbl

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