Honesdale, PA – The Dime Bank has promoted Michelle Urban to vice president – internal risk manager, announced the board of directors and Gary C. Beilman, president and chief executive officer.
Ms. Urban joined The Dime Bank’s accounting department in 2004. Her main responsibility is the development and maintenance of Dimeco, Inc. and The Dime Bank’s independent risk assessment program to ensure compliance with Sarbanes Oxley regulations. She was recently appointed compliance officer of the bank, spearheading as liaison the bank’s efforts on all compliance matters, with guidance provided by an outsourced partner. Her responsibilities include management of internal control policies and procedures, development of the annual budget, liaison to insurance vendors, and assessment of interest rate risk. Throughout all of her responsibilities, Ms. Urban works very closely with auditors and regulators. She reports directly to the chief financial officer, Maureen H. Beilman, and the audit committee of the board of directors.
Gary Beilman stated, “With the growth of the bank has come increased requirement for the formal assessment and management of risk. The role of risk manager has become an integral component of our management team and we are very pleased with Michelle’s accomplishments in this area. In recognition of her expertise and professionalism, Michelle was awarded this well deserved promotion.”
Ms. Urban graduated from the University of Scranton with a Bachelor of Science in Accounting. In 2007, she graduated with honors from the Pennsylvania Banker’s Association School of Banking and in 2008 she completed the Leadership Wayne Program. She also completed the Graduate School of Banking Financial Managers School in 2011. Ms. Urban currently serves as treasurer of the Pleasant Mount Community Center and she is a member of St. James Church, Pleasant Mount. She resides in Pleasant Mount with her husband Christopher and daughter Erin.
The Dime Bank has been helping customers meet their financial needs since 1905. Serving its primary market of Northeastern Pennsylvania and Sullivan County New York, the bank offers a full array of financial services ranging from traditional products to electronic banking and wealth management services. For more information on The Dime Bank and Dimeco, Inc., visit www.thedimebank.com.