Steve Machotka to join Westbury Bank as Senior Vice President, Madison Market Leader
May 16 2016 - 4:30PM
Westbury Bancorp, Inc. (NASDAQ:WBB) today announced that Steve
Machotka has joined the Bank as Senior Vice President, Madison
Market Leader, serving business and commercial real estate clients
across Dane County. “We are excited to have Steve join Team
Westbury. His extensive background and the trust he has built
with customers over the years will help us bring our customer-first
culture to Dane County,” said Greg Remus, President and CEO of
Westbury Bancorp, Inc. and Westbury Bank.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/5ff29ba3-93bd-44bb-a730-7360715b124c
“Steve represents the type of quality individual we are hand
picking to foster the growth of our bank and provide continued
positive returns to our shareholders and employees,” Remus
added. Westbury Bank expects to open an office in the Madison
area catering to business clients. Steve can be reached at
Steve.Machotka@westburybankwi.com.
About Westbury Bancorp, Inc.
Westbury Bancorp, Inc. is the holding company for Westbury
Bank. Westbury Bank is an independent community bank serving
communities in Washington, Waukesha, Dane and Outagamie Counties
through eight full service branches and two loan production
offices. Westbury Bank provides deposit and loan products
along with wealth management and brokerage services to individuals,
professionals and businesses in the communities it serves.
The Westbury Bank Charitable Foundation was established to
further our commitment to the betterment of our local
community. This independent private foundation continues the
well-established and proud tradition of Westbury Bank as a leader
in enhancing and supporting the quality of life in our
neighborhoods where our employees live and work. Each calendar year
the Foundation will distribute a minimum of 5% of its total assets.
It is our desire that recipients of our grants will continue to
share in the Bank’s long term growth and success, and our goal of
being a good neighbor.
Forward-Looking Information
Information contained in this press release, other than
historical information, may be considered forward-looking in nature
as defined by the Private Securities Litigation Reform Act of 1995
and is subject to various risks, uncertainties, and
assumptions. Such forward-looking statements in this release are
inherently subject to many uncertainties arising in the Company's
operations and business environment. Should one or more of
these risks or uncertainties materialize, or should the
underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or expected.
Among the key factors that may have a direct bearing on the
Company’s operating results, performance or financial condition are
competition, the demand for the Company’s products and services,
the Company's ability to maintain current deposit and loan levels
at current interest rates, deteriorating credit quality, including
changes in the interest rate environment reducing interest margins,
changes in prepayment speeds, loan origination and sale volumes,
charge-offs and loan loss provisions, the Company's ability to
maintain required capital levels and adequate sources of funding
and liquidity, the Company's ability to secure confidential
information through the use of computer systems and
telecommunications networks, and other factors as set forth
in filings with the Securities and Exchange Commission. The
Company undertakes no duty to update any forward-looking statement
to conform the statement to actual results or changes in the
Company’s expectations.
Learn more about Westbury Bank at www.westburybankwi.com.
The photo is also available via AP Photo Express.
Contact:
Kirk Emerich - Executive Vice President and CFO
Greg Remus - President and CEO
262-334-5563
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