Michael Weimer and Zachary Peterson have been appointed as new officers at the Bank
MONTGOMERY, N.Y. (February 16, 2021) – Walden Savings Bank is pleased to announce the promotions of Michael Weimer to Vice President, Commercial Lending Officer and Zachary Peterson to Assistant Vice President, Commercial Credit Department Manager.
“Michael and Zachary have been a tremendous asset to the Walden Savings Bank team since joining the company. Not only have they excelled in their respective roles, offering unmatched service and customer interactions, but they have continually given back to the community through service projects and volunteerism,” said President and CEO Derrik R. Wynkoop. “They are well deserving of their appointments, and I am proud to have them on our team.”
Weimer joined the Walden Savings Bank team in 2005 and has worked in a number of roles within the Commercial Lending department over the last 15 years, including credit operations and as a credit analyst. Weimer currently works with the Bank’s Washingtonville, Cornwall, and Florida branch markets, providing commercial customers with access to lending services. Weimer is an active member of the community, participating in Walden Savings Bank sponsored events in addition to volunteering and coaching for Angels Fastpitch Softball, a league in which his two daughters play. Michael holds an A.A.S. degree in Accounting, as well as an A.A.S. degree in finance and credit management, from Alexandria Technical College in Minnesota.
Peterson began his career with Walden Savings Bank seven years ago as a credit analyst in the Bank’s Commercial Lending department. During his time with Walden Savings Bank, Peterson has received numerous professional certifications including Orange County Rising Star and is a Leadership Orange graduate.
Peterson is also very active within the community. He was the Walden Savings Bank representative in the American Cancer Society’s “Real Men Wear Pink” campaign in 2018 where he was recognized as the top fundraiser for the Hudson Valley. He also helped develop the Walden Savings Bank dress down initiative, which has since become the annual “22 Days of Giving” campaign. Donations are collected weekly by Walden Savings Bank employees and distributed to local organizations and causes selected by each of the bank’s twenty two branches and departments. Peterson holds both a bachelor’s and master’s degree in business from The College of Saint Rose in Albany, N.Y.
About Walden Savings Bank
Walden Savings Bank, established in 1872, is the 11th oldest federally chartered mutual savings bank headquartered in Montgomery, New York. With a total of 11 full-service branches serving Orange and Ulster Counties and a Loan Production office in Dutchess County, the Bank’s progressive style of community banking provides products that cater to both the individual and the growing mid-size business. Walden Savings Bank is rated 5 Stars by Bauer Financial, the nation’s leading and most respected financial institution analyst. In addition, Walden Investment Services*, located at Walden Savings Bank, offers personalized advice for financial planning. To learn more about the Bank and its products and services, visit their website at www.waldensavings.bank
