Solvay Bank : Expands Commercial Footprint into Mohawk Valley

Solvay Bank Expands Commercial Footprint into Mohawk Valley

12/26/2023

SYRACUSE, NY - Solvay Bank, the oldest community bank established in Onondaga County, is pleased to announce its commercial expansion into the Mohawk Valley region in January of 2024.

Solvay Bank's commercial expansion is part of its commitment to serving the financial needs of businesses throughout Central New York. With a strategic vision to support the economic growth and development in the Mohawk Valley area, Solvay Bank aims to become a trusted partner through its relationship-based banking model focused on excellence, personalized service, and community involvement.

As part of this expansion, Matt Nicholl was hired as a VP, Commercial Loan Officer, who will be based in New Hartford and play a key role in establishing Solvay Bank's presence in the area. He brings over 20 years of banking experience, and 12 in commercial lending, to the Bank. With deep roots in the Mohawk Valley region, Matt has a strong understanding of the local market dynamics and the unique needs of businesses in the area.

"We are thrilled to announce our commercial expansion into the Mohawk Valley region and welcome Matt to the team. This represents a significant milestone for Solvay Bank," said Paul Mello, President & Chief Executive Officer of Solvay Bank. "We look forward to forging strong relationships, integrating with the community, and supporting the region's economic growth as we have done in Onondaga County for over 106 years."

Founded in 1917, Solvay Bank is the oldest community bank established in Onondaga County. Solvay Bank has nine branch locations in Solvay, Baldwinsville, Camillus, Cicero, DeWitt, Liverpool, North Syracuse, Westvale, and downtown Syracuse, and a commercial presence in the Mohawk Valley Region. Solvay Bank's Insurance Agency, Inc. is a full-service general insurance agency. For more information about Solvay Bank, visit www.solvaybank.com.