Bankwell

Jeffrey Dunne Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank

Retrieved on: 
Thursday, March 9, 2023
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Effective March 9, 2023, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company, “Bankwell”) elected Jeffrey Dunne to serve as a Director of the Company and Bankwell Bank.

Key Points: 
  • Effective March 9, 2023, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company, “Bankwell”) elected Jeffrey Dunne to serve as a Director of the Company and Bankwell Bank.
  • The team’s business is largely transacted in the New York Region, though the group also sells portfolios throughout the United States.
  • Bankwell’s Chairman Blake Drexler states, “We are excited to welcome Jeff to Bankwell’s Board of Directors.
  • Bankwell was founded on the principles of providing an exceptional banking experience and adding value to the communities it serves.

Bankwell Financial Group Reports Record Loan Growth for the Fourth Quarter and Full Year 2022; Declares First Quarter Dividend

Retrieved on: 
Wednesday, January 25, 2023
Banking, Professional Services, Finance, Federal Reserve, W Holding Company, ASC, Federal funds, Bankwell, GAAP, Total, Current Expected Credit Losses, Fed, Growth, Allowance, Aussie (financial group), Fourth, Bank, Federal, COVID-19, CECL, Cryptocurrency, Airline, Maple syrup

The average yield of loans originated during 2022 was 6.24% while the average yield on fourth quarter originations was 7.23%.

Key Points: 
  • The average yield of loans originated during 2022 was 6.24% while the average yield on fourth quarter originations was 7.23%.
  • Return on average assets was 1.07% for the quarter ended December 31, 2022 and 1.44% for the year ended December 31, 2022.
  • Net income for the quarter ended December 31, 2022 was $8.0 million, versus $7.8 million for the quarter ended December 31, 2021.
  • The increase in the Provision for loan losses for both the quarter and year ended December 31, 2022 was attributable to loan growth.

Arrow Financial Corporation Names Ivanov CFO

Retrieved on: 
Monday, February 6, 2023
MBA, CFO, Insurance, Uncertainty, PepsiCo, University, Securities and Exchange Commission of Pakistan, Security (finance), News, Economics, Bankwell, Nature, Trust, Health, Annual report, CPA, General Electric Company, Growth, Treasury, The New Release, Doral Financial Corporation, Cryptocurrency, Management, Arrow

As CFO, Mr. Ivanov will be responsible for planning and management of all finance, treasury and accounting functions for Arrow, which reported $3.97 billion in assets as of December 31, 2022.

Key Points: 
  • As CFO, Mr. Ivanov will be responsible for planning and management of all finance, treasury and accounting functions for Arrow, which reported $3.97 billion in assets as of December 31, 2022.
  • Mr. Ivanov added, "I am excited to join Arrow and contribute to its track record of stellar financial performance and management.
  • Mr. Ivanov most recently served as Executive Vice President and Chief Financial Officer of Bankwell Financial Group, Inc. in New Canaan, Connecticut.
  • Arrow Financial Corporation (NasdaqGS® - AROW) is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York.

Bankwell Announces New CFO

Retrieved on: 
Tuesday, November 8, 2022
Banking, Professional Services, Finance, Bankwell, GE Capital, Small business, Solution, CEO, Finance, FMP, Multimedia, CFO, Company, Courtney, Management

Courtney E. Sacchetti has been appointed to Executive Vice President, Chief Financial Officer at Bankwell, effective January 1, 2023, announced Christopher R. Gruseke, President and CEO of Bankwell and its parent company, Bankwell Financial Group.

Key Points: 
  • Courtney E. Sacchetti has been appointed to Executive Vice President, Chief Financial Officer at Bankwell, effective January 1, 2023, announced Christopher R. Gruseke, President and CEO of Bankwell and its parent company, Bankwell Financial Group.
  • Mr. Gruseke stated, An exceptional performer and contributor to Bankwell, Courtney has demonstrated her ability to succeed, and she will ensure a smooth and seamless transition into the role of CFO.
  • Bankwell is a high performing commercial bank with assets in excess of $2.7 billion, and a comprehensive suite of banking solutions for commercial, small business and consumer clients.
  • Bankwell was founded on the principles of providing an exceptional banking experience and adding value to the communities it serves.

Countdown Begins for KC 2022 Kids Convention Hosted by Stepping Stones Museum for Children

Retrieved on: 
Wednesday, September 21, 2022
Aircraft, The Conservatory of Dance, Connecticut Children's Museum, Twitter, Student, Kid, Save the Children Australia, Bankwell, BMW, SCAN, Healthy Children, Connecticut State Department of Education, Partnership, Learning, Stepping stone, Instagram, STEM, Stepping Stones Museum for Children, Science, Yale Center for Emotional Intelligence, Human, Sikorsky, Emotional Intelligence, Sikorsky Aircraft, KC, Conservatory, Time, Toy, Entertainment, Facebook

NORWALK, Conn., Sept. 21, 2022 /PRNewswire/ -- To empower youth to become active, engaged members of their communities, award-winning Stepping Stones Museum for Children in Norwalk, Conn., is hosting its KC 2022 Kids Convention October 14 and 15. The event provides children ages 8 and older with a one-of-a-kind platform to share their voice and choice about issues that matter most to them.

Key Points: 
  • NORWALK, Conn., Sept. 21, 2022 /PRNewswire/ -- To empower youth to become active, engaged members of their communities, award-winning Stepping Stones Museum for Children in Norwalk, Conn., is hosting its KC 2022 Kids Convention October 14 and 15.
  • The KC 2022 kids convention gives youth a choice and a voice in the issues that matter most to them.
  • With the help of our dedicated community partners and sponsors, we feel honored to bring KC 2022 to children across Connecticut and beyond."
  • Stepping StonesMuseum for Children is an award-winning, private, non-profit 501(c)(3) children's museum committed to broadening and enriching the lives of children and families.

Darryl Demos Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank

Retrieved on: 
Wednesday, June 1, 2022
Banking, Professional Services, Finance, Executive, Company, BA, Business, Bank, CEO, KPMG, Multimedia, Bankwell, Technology, Industry, Board, General manager, Management, Verint Systems

On May 25, 2022, Bankwell Financial Group, Inc.s (the "Company", the holding company for Bankwell Bank, the Bank) shareholders elected Darryl Demos to serve as a Director of the Company and the Bank.

Key Points: 
  • On May 25, 2022, Bankwell Financial Group, Inc.s (the "Company", the holding company for Bankwell Bank, the Bank) shareholders elected Darryl Demos to serve as a Director of the Company and the Bank.
  • Mr. Demos earned a BA from Williams and an MS from the Stern School of Business at New York University.
  • Bankwells CEO Chris Gruseke states, We are excited to welcome Darryl to Bankwells Board of Directors.
  • Bankwell was founded on the principles of providing an exceptional banking experience and adding value to the communities it serves.

DeWyngaert Will Retire as EVP, Chief Lending Officer at Bankwell

Retrieved on: 
Wednesday, May 29, 2019
Professional services, Banking, Finance, Financial services, Bankwell, Bank, ING Australia, Economy

Heidi DeWyngaert will retire from her role as EVP, Chief Lending Officer at Bankwell, a job she has held for the last fifteen years.

Key Points: 
  • Heidi DeWyngaert will retire from her role as EVP, Chief Lending Officer at Bankwell, a job she has held for the last fifteen years.
  • Notes Gruseke, Heidi has made invaluable contributions during her tenure at Bankwell and has been instrumental in the banks evolution and growth.
  • Following her tenure at Bankwell, DeWyngaert plans to enjoy her retirement, and to serve on several boards.
  • Bankwell is a community bank that serves the banking and lending needs of residents and businesses throughout Fairfield and New Haven counties.