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HONESDALE, Pa. , March 19, 2024 (GLOBE NEWSWIRE) — Jim Donnelly, President and Chief Executive Officer of Wayne Bank, has announced the appointment of Joseph W. Adams to serve as Senior Vice President and Head of Investment Services and Wealth Management at Wayne Bank.
Adams Maximum most recently served as a director of Norwood Financial Corp and Wayne Bank, and resigned from that position at the March 19, 2024, board meeting.
In his new role, Adams will lead the bank’s equity control and work with the facilities branch and Norwood Investment Corp.
Mr. Donelly said, “Norwood Financial Corp and Wayne Bank have been fortunate to take advantage of Joe’s extensive experience and guidance over more than nine years as a director. I’m very happy that we can continue to take advantage of those qualities. , as well as his leadership and experience in wealth control and investment services. ” This is an exciting progression for Wayne Bank and its employees, consumers and shareholders.
Adams has 39 years of experience in monetary control and has held the titles of Chief Commercial Officer, Financial Advisor, School Superintendent and Senior Executive Vice President of Wealth Management. He served as a Wayne County Commissioner and a Member of the AP House of Representatives for District 139. from Pike and Wayne counties.
Adams holds a B. S. in Economics and Finance and an MBA in Accounting and Finance from the University of Scranton. She is a graduate of Pace University’s Financial Planning Certificate Program.
Adams is an organizer for the Emergency Food Assistance Program, which has raised more than $400,000 in donations to feed 1,600 local families. He is president and board member of the Human Resources Center for 30 years and a founding member of the Fall Music Festival and the Kelly Lalley Fund. He is a member of the Honesdale Lions Club, the COAL Foundation and Hawley’s Bingham Park Renewal Committee, as well as a board member of the NEPA Alliance, the Lakes Area Chamber of Commerce, the Wayne County Family Center and the Wayne County Library. He Advisory Committee, the YMCA of Wayne County, the Wayne County Children and Youth Advisory Council and the Committee to Relocate the Historic White Mills Fire Station. Adams, a former president and member of the Palmyra Township planning committee, helped organize efforts to save the historic Hankins Dam, build the outdoor dog park at Dessin Animal Shelter and build the softball box at Western Wayne. He volunteered as a Wallenpaupack and Honesdale Biddy basketball referee, Wallenpaupack Biddy basketball coach, Wallenpaupack Teener League referee, and Wallenpaupack American Legion baseball coach. Adams is a 40-year member of Honesdale Golf Club, a 40-year member of Cold Hill Hunting Club and a life member of Murphy Hunting Club. He lives in Hamlin with his wife, Kathy.
Wayne Bank is a wholly-owned subsidiary of Norwood Financial Corp. Wayne Bank is a member FDIC, an equal housing lender, and is headquartered in Honesdale, Pennsylvania. The bank has 29 network offices serving Wayne, Pike, Monroe, Lackawanna. and Alfalfa in Pennsylvania, as well as Delaware, Sullivan, Otsego, Ontario and Yates counties in New York City, adding offices operating the Bank of Cooperstown and Bank of Finger Lakes brands. Norwood Financial Corp industry shares on the global market NASDAQ symbol NWFL.
Contact: Kristen E. Lancia, CFMP, Vice President & Chief Marketing Officer Email: kristen. lancia@waynebank. com Phone: (570) 253-8594