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NBT Bank News

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NBT Bank Promotes Terry to Senior Vice President of Operational Risk

NORWICH, N.Y. (September 19, 2013) – NBT Bancorp Executive Vice President and Chief Information Officer Joseph Stagliano recently announced that James Terry has been promoted to senior vice president and director of operational risk.

In this position, Terry oversees and manages the development of a company wide operational risk program. He will continue to manage information security, cybercrime prevention, corporate safety and security and compliance with regulations related to the Bank Secrecy Act. He is based at the company’s headquarters in Norwich.

 A resident of Norwich, Terry has 16 years of bank security experience. Since joining NBT Bank in 2005, he has been instrumental in the development and presentation of a cyber crime prevention seminar for employees and customers and the implementation of key systems to mitigate fraud losses.

Before joining NBT Bank, he worked in the suspicious activity review unit for the Bank of New York in Onskany for five years. He served as manager of the unit as well as senior investigator and analyst. He earned the Certified Anti-Money Laundering Specialist (CAMS) designation through the Association of Certified Anti-Money Laundering Specialists.

 “Jim has made significant contributions to the success of our company and our continued focus to prevent fraud and mitigate risk,” Stagliano said. “In today’s financial services industry, operational risk is an area that requires special focus to ensure the bank has the people, processes and systems in place to support growth. I congratulate Jim on his promotion and wish him continued success in his new role.”

NBT Bank offers personal banking, asset management and business services through a network of over 155 banking locations in five states. NBT Bank operates from 125 locations in upstate New York, northwestern Vermont, western Massachusetts and southern New Hampshire. NBT’s Pennstar Bank division operates from over 30 locations in northeastern Pennsylvania. NBT Bank and its parent company, NBT Bancorp Inc., are headquartered in Norwich, N.Y. NBT Bancorp Inc. had assets of $7.5 billion as of June 30, 2012, and is traded on the NASDAQ Global Select Market under the symbol NBTB. More information about NBT Bank and NBT Bancorp can be found on the internet at www.nbtbank.com and www.nbtbancorp.com.