Gouverneur Bancorp, Inc. and Gouverneur Savings and Loan Association Announces the Retirement of Charles C. Van Vleet Jr, President, Effective May 28, 2021
February 12, 2021 at 04:53 pm
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Gouverneur Bancorp, Inc. and its subsidiary, Gouverneur Savings and Loan Association announced that its President and Chief Executive Officer, Charles C. Van Vleet Jr., will retire effective May 28, 2021. Mr. Van Vleet’s retirement was accepted at the 2020 Bancorp Annual Meeting held February 8, 2021. At the meeting, Mr. Chad Soper, Chairman of the Board of Directors acknowledged Mr. Van Vleet’s pivotal role in the strategic planning and direction of both the Bank and the Corporation. Mr. Soper noted that Mr. Faye C. Waterman has been appointed Chief Executive Officer while Mr. Van Vleet retains his title as President until his retirement in May.
Gouverneur Bancorp, Inc. is a holding company for Gouverneur Savings and Loan Association (the Bank). The Bank is a New York chartered savings and loan association. The Bank offers deposit and loan services for businesses, families and individuals. The Bankâs principal business consists of originating one-to four-family residential real estate mortgage loans and, to a lesser extent, commercial real estate loans, construction loans and home equity loans and lines of credit. It also offers commercial loans and consumer loans. The Bank offers a variety of retail deposits to the general public in the areas surrounding its main office and its branch offices. It offers its customers a variety of deposit products with interest rates. The Bank conducts business through its five branch offices located in Jefferson and St. Lawrence Counties in New York. The Bank also operates a wholly owned subsidiary, GS&L Municipal Bank, which is a New York-chartered limited purpose commercial bank.
Gouverneur Bancorp, Inc. and Gouverneur Savings and Loan Association Announces the Retirement of Charles C. Van Vleet Jr, President, Effective May 28, 2021