MIDDLETOWN, CT - David W. Glidden, President and CEO of Liberty Bank of Middletown, Connecticut, today announced that Martin J. Geitz was elected Chairman of the Board of Directors of Federal Home Loan Bank of Boston (FHLBank Boston).
A resident of Glastonbury, Connecticut, Geitz is currently Executive Regional Director of Liberty Bank. He previously served as President and CEO of The Simsbury Bank & Trust Company of Simsbury before it was acquired by Liberty Bank in 2019. A member of FHLBank Boston’s Board of Directors since 2014, Geitz has led the board’s risk committee and served on the governance/government relations and human resources & compensation committees.
“As we brought together Liberty Bank and Simsbury Bank last year, the Liberty team quickly recognized and appreciated what countless others in the banking industry and right here in our communities have known for so many years: Martin is a true leader and first-class community banker who has deservedly-earned a stellar reputation in Connecticut and throughout the region,” said Glidden. “It’s his steady leadership and wealth of knowledge of the industry that makes him a fitting choice to lead FHLBank Boston as Board Chairman.”
“It has been a privilege to serve on the board of directors of FHLBank Boston for the past six years representing Connecticut bank, insurance company and credit union members. I am honored to have earned the confidence of my fellow board members from throughout New England and to have been elected chairman of the board by them,” said Geitz. “FHLBank Boston plays a vital role in our region’s financial wellbeing by providing its members with ready access to liquidity and meaningful support for their affordable housing and economic development initiatives. As chairman, I look forward to ensuring that the board’s stewardship of FHLBank Boston remains focused on meeting member needs and achieving all aspects of its mission.”
About Liberty Bank
Established in 1825, Liberty Bank is Connecticut’s oldest bank, with over $5.8 billion in assets and 60 banking offices throughout the central, eastern, western and shoreline areas of the state. As a full-service financial institution, Liberty offers consumer and commercial banking, home mortgages, insurance, and investment services. Named ‘Top Workplace’ by the Hartford Courant for eight consecutive years, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement.
About FHLBank Boston
Federal Home Loan Bank of Boston is a cooperatively-owned wholesale bank for housing finance in the six New England states. Its mission is to provide highly reliable wholesale funding and liquidity to its member financial institutions in New England. The Bank also develops and delivers competitively priced financial products, services, and expertise that support housing finance, community development, and economic growth, including programs targeted to lower-income households.