First County 165

Thursday Throwback: Introducing the first Chairman of the Board

Alfred W. Dater President (1924-1938)

Alfred W. Dater
President (1924-1938)

On July 22, 1924 First County Bank’s Board of Directors announced a change of bylaws to establish a new role of “Chairman of the Board,” and make the role of President a paid position. Then President of the Bank, Charles H. Lounsbury, accepted the newly created position of Chairman of the Board, while Alfred W. Dater was voted in as the first paid President of the Bank.

There have been 9 Bank Presidents since Alfred Dater, including former President Reyno A. Giallongo, Jr., who took over the position in 2010 and became Chairman and Chief Executive Officer in 2011. President Robert Granata was appointed to the role in 2014.

2016 is a big year for First County Bank as we celebrate not only our 165th anniversary, but also the 15th anniversary of the First County Bank Foundation. To mark these major milestones we will be digging into the archives, sharing some notable moments from our history on our blog and social media channels every other Thursday. You can follow along, or share your own memories of First County Bank history, by leaving a comment or posting a memory using #FirstCounty165.

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