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April 16, 2025

Ives Bank CEO Morgado joins NY Fed advisory council

HBJ PHOTO | STEVE LASCHEVER Martin Morgado, president and CEO of Ives Bank, discusses the bank’s name change from Savings Bank of Danbury and overall growth strategy.

Ives Bank President and CEO Martin G. Morgado has been appointed to the Federal Reserve Bank of New York’s Community Depository Institutions Advisory Council.

Members of the council serve three-year terms and are representatives from commercial banks, thrift institutions and credit unions with assets under $10 billion. They provide information and insight to the New York Fed from the perspective of community depository institutions.

Morgado has been with Ives Bank for 24 years, serving as president and CEO since 2016. He is currently serving as vice chair of the board of the Connecticut Bankers Association. 
 

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