WARSAW, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI), on Monday announced the hiring of Karla J.L. Gadley as senior VP and community development officer.
Gadley is responsible for overseeing Five Star Bank’s Community Reinvestment Act (CRA)-related initiatives and outreach programs across the bank’s footprint.
“She will engage with regulators and serve as liaison between Five Star Bank and the community at large to administer programs that meet the credit and banking needs of low and moderate income individuals and small businesses,” according to a Five Star news release. “She will support the revitalization of low income communities, provide financial services to low income populations and implement partner programs with key stakeholders that demonstrate the bank’s commitment to build sustainable relationships throughout the bank’s footprint.”
Gadley started at Five Star Bank earlier this month. She has more than 30 years of experience in Western New York banking, most recently serving as VP and corporate responsibility officer at KeyBank and before that as VP and CRA program director at First Niagara Bank.
Gadley earned her bachelor’s degree in business administration and MBA degree at Medaille College. She is a board member of the Buffalo Urban League and serves as board member and loan committee member for PathStone Enterprise Center, Inc.
Five Star Bank operates a network of more than 50 branches throughout Western and Central New York. Its CNY branches include offices in Auburn, Geneva (2), Seneca Falls, Elmira (2), and Horseheads.
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