GUILFORD — The Connecticut Bankers Association (CBA) has named GSB (formerly Guilford Savings Bank) President and CEO Timothy P. Geelan as its new chairman of the board of directors.
Geelan is a graduate of Lyme-Old Lyme High School and previously served as the CBA Board’s First Vice Chairman. He was selected for the CBA Chairman position in November of this year for a term expiring October 2023.
The CBA represents Connecticut’s financial institutions and serves as the voice of its members in matters of their common interest. Forty seven banks are members of the CBA, and another 88 banks are associate members.
Geelan joined GSB in 1994, and served several roles throughout his nearly 30 years with the bank, including Chief Loan Officer and Chief Operating Officer. The GSB Board of Corporators voted unanimously to name Geelan as GSB’s 11th CEO in 2014.
“I am truly honored to have been selected as board chairman for the Connecticut Bankers Association,” said Geelan. “I plan to work tirelessly to demonstrate the CBA’s mission and values and ensure every member bank has a voice. By serving the collective needs of our member institutions, we can all enjoy the benefits of growth and stability.”
Geelan has served as an advisor for the CBA’s Connecticut School of Finance and Management for 10 years. He also serves as board secretary for the Community Foundation of Middlesex County, he is a member of the executive committee for the Connecticut Community Bankers Association and he is on the advisory council for HOPE Partnership.
Additionally, Geelan is a corporator for the Guilford Foundation and Middlesex Health, and serves as treasurer for the West Side Cemetery Association.
Geelan earned his bachelor’s degree from University of Dayton and his Master of Business Administration degree from University of New Haven.
Editor’s Note: This article is based on press release issued by Guilford Savings Bank.