Farmington Bank Appoints Four Bankers to Lead Local Expansion
FARMINGTON, Conn. — Farmington Bank has appointed four experienced, local bankers to lead its commercial-lending opera in Western Mass. They are Michael Moriarty, senior vice president, commercial team leader, regional executive; Joseph Kulig, vice president, commercial lender; Joseph Young, vice president, commercial lender; and Candace Pereira, assistant vice president, commercial portfolio loan officer.
“Farmington Bank’s appointment of these four well-regarded and respected Western Mass. bankers reinforces the bank’s 163-year tradition of serving customers with local, seasoned lenders who know the community and can make quick, effective decisions,” said John Patrick Jr., chairman, president, and CEO of Farmington Bank. “We welcome Mike, Joe, Joe, and Candace to our team.”
Moriarty is a 24-year veteran of the Western Mass. banking industry. He comes to Farmington Bank from United Bank, where he most recently served as executive vice president and regional commercial executive. Moriarty is the treasurer of Human Resources Unlimited in Springfield and is a member of the board of directors of the West Springfield Boys and Girls Club and St. Thomas School in West Springfield. Moriarty received a bachelor’s degree from Merrimack College and an MBA degree from Western New England University.
Kulig also has 24 years of local banking experience, and has held the position of relationship manager at both United Bank and TD Bank. Kulig is a member of the board of directors of Rebuilding Together Springfield, West Springfield Youth Soccer Club, and West Springfield Wildcats Baseball Club. Kulig received his bachelor’s degree from UMass Amherst and an MBA degree from Western New England University.
Young also brings to Farmington Bank more than 24 years of local banking experience. Previously a senior vice president of commercial lending at United Bank, Young is a 20-year retired veteran of the U.S. Air Force. He serves on the board of directors of the Boys and Girls Club of Greater Westfield. Young received his bachelor’s degree from St. Leo College in Florida.
Pereira, with nearly 10 years of local banking experience, comes to Farmington Bank from United Bank, where she most recently served as a commercial lending officer. Pereira is a member of the board of directors at the Gray House in Springfield. She received her bachelor’s degree from UMass Amherst.
In September, Connecticut-based Farmington Bank announced its plans to enter Massachusetts with the establishment of a commercial-lending office and two de novo hub branches, subject to regulatory approval, located in West Springfield and East Longmeadow. With this expansion, Farmington Bank services will now be available from Hampden County to New Haven, Conn., spanning New England’s Knowledge Corridor, an interstate partnership of regional economic-development, planning, business, tourism, and educational institutions that work together to advance the region’s economic progress.