NBT Bank News


NBT Bancorp announces key Board of Directors appointments

Image of James H. Douglas
James H. Douglas

Image of Timothy E. Delaney
Timothy E. Delaney

NORWICH, NY (JANUARY 26, 2011) – NBT Bancorp President and Chief Executive Officer Martin Dietrich today announced that former Vermont Governor James H. Douglas and Albany-area businessman Timothy E. Delaney have been appointed to the company’s board of directors.

“Jim Douglas and Tim Delaney are invaluable additions to our board of directors,” said Dietrich. “Their leadership, foresight and unique perspectives on market dynamics are key components of NBT Bancorp’s ability to increase our impact and capabilities in Vermont, New York’s Capital Region and across our footprint.”

Douglas has been serving the people of Vermont for more than 35 years. He served as governor of Vermont since his inauguration in 2003 until earlier this month. During his tenure, he focused on strengthening the state’s economy, reducing the cost of living in Vermont and protecting the state’s natural environment. Prior to serving as governor, he was elected to the Vermont House of Representatives and acted as assistant majority leader and majority leader in his second and third terms, respectively. He also served as secretary of state for 12 years and state treasurer for eight years. In addition to his positions in Vermont state government, Douglas served in key national leadership positions. He is the immediate past chairman of the National Governors Association. In February 2010, President Barack Obama appointed Douglas co-chair of the Council of Governors.

“I share with NBT Bancorp a common interest in creating a bright future for our local communities,” said former Governor Douglas. “I am looking forward to contributing to the company’s overall growth and development while offering support specific to NBT’s efforts to expand the banking and financial services it offers to the Vermont marketplace.”

Delaney has been affiliated with NBT Bancorp since 2006, when he joined the NBT Bank Board of Directors concurrent with the Company’s acquisition of the Gloversville, NY-based CNB Bancorp. He is the founder and president of The Delaney Group, Inc., a Tetra-Tech company, located in Mayfield, NY. Delaney serves as board president for the Nathan Littauer Hospital Foundation and as a board member for the Empire State Highway Contractors Association, Inc. He is a current board member and former president of the New York State Chapter Associated General Contractors. He is a member of The Eccentric Club of Gloversville, N.Y. He is a past board member and former president of the Mayfield Central School District Board of Education and a past board member for numerous other organizations, including Fulton County Regional Chamber of Commerce and Industry, Oriska Insurance Corporation and WMHT-TV. He also served as district chairman for the Sir William Johnson Boy Scout Council.

“I am very excited about expanding my role with NBT Bancorp,” said Delaney. “The Capital Region’s future is filled with opportunity and I am looking forward to further contributing to the associated strategic development.”

NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $5.3 billion at December 31, 2010. The company primarily operates through NBT Bank, N.A., a full-service community bank with two divisions, and through two financial services companies. NBT Bank, N.A. has 124 locations, including 85 NBT Bank offices in upstate New York, two NBT Bank offices in northwestern Vermont and 37 Pennstar Bank offices in northeastern Pennsylvania. EPIC Advisors, Inc., based in Rochester, NY, is a full-service 401(k) plan recordkeeping firm. Mang Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. More information about NBT and its divisions can be found on the Internet at: www.nbtbancorp.com, www.nbtbank.com, www.pennstarbank.com, www.epic1st.com and www.manginsurance.com.