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Director Richard Duda Retires After 25 Years on Board at Jewett City Savings Bank


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 Friday, April 27, 2007
Richard Duda, a member of the Jewett City Savings Bank Board of Directors since 1982, retired from that post at the Bank’s 134th Annual Meeting of Corporators on March 28 at the Jacques Cartier Club in Jewett City.

Duda, a Jewett City resident, served as chairman of the Board from 1998 - 2004 after serving as vice chairman for the prior five years. He was a longstanding member of the nominating and audit committees during his tenure, and also served on the bylaws, benefits, executive, investment and long range planning committees.

 “Attorney Duda has provided wise counsel and guidance to the Board and its committees, and has left his imprint on many of our decisions and who we are today,” said Reino E. Hortsmeyer, president and CEO of Jewett City Savings Bank.

Horstmeyer cited Duda’s many contributions during his tenure, including  his involvement and counsel in areas such as land acquisition and conveyance, branch and office construction and renovations, office consolidations, the introduction of banking technology, the creation of the Griswold High School scholarship trust, and the establishment of the Jewett City Savings Bank Foundation.

 “Richard’s association with the Bank as a Director, and his insights as Bank counsel, have been extremely beneficial,” said Horstmeyer. “His perspectives, his caring about the Bank and the community, and his attention to detail have effectively guided us in our deliberations and decisions.

 “During his 25 years on the Board, the Bank has done many things of which we can be proud, and which have improved the quality of life in the communities we serve,” added Horstmeyer.

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