Gouverneur Bancorp, Inc. Announces the Retirement of Vice President and Chief Financial Officer
January 08 2010 - 11:26AM
PR Newswire (US)
GOUVERNEUR, N.Y., Jan. 8 /PRNewswire-FirstCall/ -- Gouverneur
Bancorp, Inc. (OTC:GOVB) (BULLETIN BOARD: GOVB) (the "Company") and
its subsidiary, Gouverneur Savings and Loan Association (the
"Bank"), today announced the retirement of Vice President and Chief
Financial Officer, Robert J. Twyman, effective January 8, 2010. Mr.
Twyman, who formally announced his retirement at the Company's
Board of Directors meeting in December 2008, will continue to serve
the company in an advisory capacity. Mr. Twyman joined Gouverneur
Bancorp as Chief Financial Officer in 1999 and was named a Vice
President in 2001. Prior to joining the Company, he was Vice
President and Comptroller with the First National Bank of Northern
New York. In making the announcement, Richard F. Bennett, President
and Chief Executive Officer stated, "Over the past ten years Mr.
Twyman, with his accounting knowledge and experience in banking and
financial services, has played an important role in the strategic
planning and direction of both the Company and the Bank. We have
been planning his retirement for many months, realigning
responsibilities and adding staff to accommodate the transition.
Mr. Twyman has played an integral part in the Company's financial
growth and success over the past decade. On behalf of the Board of
Directors, shareholders and employees, we wish him and his wife
Debby the very best in retirement." Mr. Bennett continued, "Ms.
Kimberly Adams, Accounting Manager, will assume the primary
responsibilities vacated by Mr. Twyman, including that of
Chairperson of the Bank's Asset Liability Committee." Prior to
joining Gouverneur Savings & Loan, Ms. Adams worked as Senior
Accountant and later as Compliance Officer of Claxton-Hepburn
Medical Center in Ogdensburg, New York. She holds a Bachelor of
Science degree in Accounting and a Masters of Business
Administration degree in Health Services Management. About the
Company The Company, which is headquartered in Gouverneur, New
York, is the holding company for Gouverneur Savings and Loan
Association. Founded in 1892, the Bank is a federally chartered
savings and loan association offering a variety of banking products
and services to individuals and businesses in its primary market
area in southern St. Lawrence and northern Lewis and Jefferson
Counties in New York State. Forward-Looking Statements This news
release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on the beliefs and expectations of
management as well as the assumptions made using information
currently available to management. They often include words like
"believe," "expect," "anticipate," "estimate," and "intend" or
future or conditional verbs such as "will," "would," "should,"
"could" or "may." Since these statements reflect the views of
management concerning future events, these statements involve
risks, uncertainties and assumptions. Therefore, actual future
results may differ significantly from results discussed in the
forward-looking statements. DATASOURCE: Gouverneur Bancorp, Inc.
CONTACT: Richard F. Bennett, President and Chief Executive Officer,
+1-315-287-2600
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