STAMFORD, CT, April 21, 2026 — First County Bank is pleased to announce that Nitin J. Mhatre officially assumed his role of Chief Executive Officer on April 15, 2026. Mhatre succeeds Robert J. Granata, who has led the Bank with distinction and will remain as Chairman through July 31, 2026, before continuing to serve on the Board of Directors. First County Bank’s Board of Directors selected Mhatre following a thorough evaluation, citing his extensive leadership experience and alignment with the bank’s mission and community partnership.
Mhatre joins First County Bank with over 30 years of banking leadership experience in both U.S. and international markets. Most recently, he served as President & CEO of Berkshire Bank, where he led significant strategic and digital transformations while modernizing the client experience. Under his tenure, Berkshire Bank was recognized by Newsweek as one of “America’s Most Trustworthy Banks” for four consecutive years.
Chief Executive Officer
for First County Bank
“I am proud and honored to join First County Bank as CEO,” said Nitin J. Mhatre. “For years,
I have admired First County Bank’s reputation for strong customer relationships and its deep community roots. I look forward to working together with our team building the next chapter of First County Bank, one that retains and respects our heritage while improving customer experience, innovation, and profitable growth. I look forward to meeting with and listening to our employees and other key stakeholders to identify opportunities for effectively and efficiently achieving those goals going forward.”
“Nitin brings the experience, values, and leadership approach that strongly align with First County Bank’s mission,” said Robert J. Granata, outgoing Chief Executive Officer. “His proven ability to lead organizations through thoughtful, responsible growth makes him the right leader to guide the bank into its next chapter”.
Mhatre holds a bachelor’s degree in engineering and an MBA from Bombay University and has completed Harvard Business School’s General Management Program. He has served on the Board of Directors of the Consumer Bankers Association, including as Board Chair, and has held board director roles at Junior Achievement of Connecticut and Cradles to Crayons Boston.
About First County Bank
First County Bank, headquartered in Stamford, CT for 175 years, is an independent mutual community bank with 13 branches in Stamford, Norwalk, Darien, Greenwich, Fairfield, New Canaan, and Westport offering deposit products, mortgages, wealth management, business banking services, and a full array of digital banking products. First County Bank has 200 employees, assets in excess of $2.3 billion and is a winner of the Hearst Connecticut Top WorkPlaces Award 2020-2025. For additional information, please visit Firstcountybank.com, or follow us @Firstcountybank on Facebook, Instagram, X, and LinkedIn.
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