April 17, 2014. (Yonkers, NY). The Westchester Bank appointed Tracey K. Zimmerman as Vice President, Chief Compliance Officer, working at the Bank’s headquarters located in Yonkers, New York. In that capacity, she is responsible for the development and maintenance of compliance policies as well as creating and implementing procedures that are in line with overall bank goals. Ms. Zimmerman brings in-depth experience to the position with over twenty years in the banking industry and is a longtime resident of Westchester County.
“It’s a pleasure to be part of an organization with so many outstanding professionals working toward a common goal. The Westchester Bank has the utmost respect for people, whether customers or staff, and that’s what makes this Bank so different,” Ms. Zimmerman stated. “There’s a culture of integrity that’s obviously appealing. Bank management is committed to doing things the way they should be done, each and every time,” she concluded.
As the audit liaison, Tracey manages the internal audit function to ensure that departmental protocol is appropriately followed, while ensuring that regulatory requirements are fulfilled. Tracey also serves as the Bank Secrecy Officer. In this capacity, she is charged with managing the Bank’s BSA program with oversight and implementation of various BSA functions, employee training and administration of the Bank’s transactional monitoring system. Additionally, she works with respective department managers to ensure that the training needs of each department are met.
John M. Tolomer, President & Chief Executive Officer of The Westchester Bank stated, “Tracey is an individual who has demonstrated the dedication, knowledge and commitment necessary for the position. We look for good people who fit into a positive, cohesive culture here at the Bank and knew she’d be a great fit for us. We’re fortunate to have someone of Tracey’s caliber and look forward to her continued growth within the organization.” Mr. Tolomer concluded.
The Westchester Bank is a New York State Chartered and full service FDIC insured commercial bank offering state-of-the-art technology with a comprehensive line of banking products to businesses and consumers including: business and personal checking, business lending, commercial mortgages, savings accounts, CD’s, money market accounts, Interest on Lawyer Accounts (IOLA), attorney escrow accounts and tenant security accounts. The Westchester Bank is headquartered in Yonkers at 2001 Central Park Avenue with additional branches in White Plains at 464 Mamaroneck Avenue and Thornwood at 994 Broadway.