GSB Welcomes L. Fulton to its Commercial Lending Team

Dec 12, 2013 |

Guilford Savings Bank (GSB) is pleased to announce the hiring of Lyle Fulton as VP, commercial loan officer. A seasoned commercial lender in northern Connecticut with over 25 years of experience, he will be responsible for the bank’s commercial lending originations throughout the state of Connecticut, with a focus on Hartford County. Fulton comes to GSB from Berkshire Bank where he served as SVP, commercial lending officer. Prior to Berkshire Bank’s acquisition of The Connecticut Bank & Trust Company (CBT) in 2012, he was executive vice president, chief lending officer for CBT. As a part of the original CBT senior management team in 2004, he oversaw the bank’s lending operations, and managed a team of commercial lenders and credit analysts who, together, were part of one of the fastest growing de novo banks in Connecticut. His return to community banking is a welcome one, both for him and his clients. “I’ve always gravitated to community banks,” explained Fulton. “Our ability to service and accommodate businesses is what sets us apart from other financial institutions.” In his role at Guilford Savings Bank, Fulton will be responsible for meeting the lending needs of businesses primarily in the Hartford area. As a resident of Wethersfield, Fulton has strong roots and history in the community, which will enable him to better understand the unique needs of the businesses he serves. “What made Guilford Savings Bank so appealing to me was its commitment to remain an independent mutual bank, as well as its strong history in the state. I’ll be able to focus on my customers’ needs above all and work with them to find the right solutions. It will be refreshing to give my business clients the peace-of-mind that we’ll be here to serve them today and in the future,” Fulton said. To Tim Geelan, incoming president & CEO, Fulton is the perfect fit. “We’re happy to have a seasoned veteran like Lyle join our team,” said Geelan. “He is well-known and well-respected in the Hartford area, with a proven track record of helping businesses, developers and investors. We see him as a perfect addition to GSB as we continue to build upon our strong shoreline roots. Lyle will enable us to serve new markets that dovetail nicely with our high-touch, customer-centric model.” Fulton will report directly to Bob Carmody, SVP, chief lending officer. He joins a growing team of five commercial lenders serving Connecticut. About Guilford Savings Bank:  GSB has been serving the financial needs of Connecticut for over 139 years.  Recently named the #1 Community Bank in Connecticut, it is the premier relationship bank, providing banking, lending, wealth management and life insurance solutions for personal, small business and commercial customers.


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