NBT Bancorp : Ruth Mahoney Appointed President of Wealth Management
August 29, 2021
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NORWICH, NY (August 30, 2021) NBT Bancorp Inc. (NBT) (NASDAQ: NBTB) President and CEO John H. Watt, Jr. announced that NBT has appointed Ruth H. Mahoney Executive Vice President and President of Wealth Management.
Mahoney will join NBT's Executive Management Team. She has more than 30 years of experience in financial services, including wealth management, private banking, retail banking and regional leadership. Mahoney comes to NBT from KeyBank where she served most recently as Capital Region Market President.
'We are thrilled to welcome Ruth Mahoney to NBT as leader of our Wealth Management business,' said Watt. 'Her diverse and extensive experience in banking and her skill at building partnerships across business lines to provide clients with the most comprehensive suite of financial services position her well to lead our team of wealth management professionals.' NBT Wealth Management is a division of NBT Bank and a provider of investment services and consulting to individuals and businesses and organizations of all sizes.
A graduate of Marist College with a bachelor's degree in Business Administration and Marketing, Mahoney lends her leadership abilities to many organizations. She serves as Co-Chair of the Regional Economic Development Council, as Chair for the Capital Region Chamber of Commerce and as a Board Member for Albany Medical Center and the New York State Teachers' Retirement System. Mahoney has earned many recognitions and was included on the Albany Business Review's Power 50 List published in July 2021. She also received the Women Who Mean Business Award from the Albany Business Review, the Executive of the Year Award from the Capital Region Business Review, the Women of Distinction Award from the United Way of Westchester and Putnam, and the Most Powerful Women in Banking Team Award from American Banker.
About NBT Bancorp
NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $11.5 billion at March 31, 2021. The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services companies. NBT Bank, N.A. has 141 banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement Plan Services, based in Rochester, NY, is a full-service 401(k) plan recordkeeping firm. NBT Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. More information about NBT and its divisions is available online at: www.nbtbancorp.com, www.nbtbank.com, www.epicrps.com and www.nbtinsurance.com.
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NBT Bancorp Inc. published this content on 30 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 10:51:05 UTC.
NBT Bancorp Inc. is a financial holding company. The Company primarily operates through NBT Bank, N.A. (the Bank), a full-service community bank, and through two financial services companies. The Bank provides a range of financial products to individuals, corporations and municipalities throughout upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine and central and northwestern Connecticut. Through its network of branch locations, the Bank offers a range of products and services tailored to individuals, businesses and municipalities. Deposit products offered by the Bank include demand deposit accounts, savings accounts, negotiable order of withdrawal (NOW) accounts, and certificate of deposit (CD) accounts. It operates EPIC Advisors, Inc., which is a national benefits administration firm. It operates NBT Insurance Agency, LLC, which is a full-service insurance agency. The Bank has approximately 153 branch locations.