Fairfield County Bank held its 152nd Annual Meeting at the Silver Spring County Club. The Annual Meeting is held to inform the on the financial well-being of the Bank, success and growth over the past year, and strategic plans of the coming year. The attendees included the Board of Directors, the Board of Incorporators, and the Senior Management of the Bank.
Ralph L. DePanfilis, Chairman of the Board, welcomed the attendees to the meeting and led the vote to elect one new Corporator, Anthony Minopoli of Shelton, CT. Anthony currently serves as the President and Chief Investment Officer of Knights of Columbus, helping manage an investment portfolio of $28 billion.
David A. Schneider, CEO, and Daniel L. Berta, President, presented on the financials of the Bank, the product and service offering, innovation across the organization, and community engagement. Presentation highlights included a review of the strong financial position of the Bank in relation to current economic strains on the industry from Mr. Schneider.
They spoke on a variety of topics, including the Bank’s commitment to the Fairfield County community. Fairfield County Bank donated upwards of $850,000 in corporate contributions to over 300 charitable organizations, with Bank employees volunteering over 3,500 hours throughout 2022.