Yonkers-Based The Westchester Bank Names Walter CFO

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Kenneth D. Walter has been named chief financial officer for The Westchester Bank, which is based in Yonkers.
Kenneth D. Walter has been named chief financial officer for The Westchester Bank, which is based in Yonkers. Photo Credit: Contributed

YONKERS, N.Y. --  Kenneth D. Walter has been named senior vice president, chief financial officer of The Westchester Bank.

Walter brings an in-depth financial background to the position and will be based at the bank’s headquarters in Yonkers. He will be responsible for the financial management of the bank, including budget control, cost-benefit analysis, forecasting needs and the bank’s investment portfolio.

Before joining The Westchester Bank, Walter served as the chief financial officer of BCB Community Bank and BCB Bancorp Inc. He held that position from July 2010 to January 2014, when Pamrapo Bancorp Inc. was acquired by BCB Bancorp. Before the merger, Walter held a variety of senior management positions with Pamrapo Bancorp Inc., including interim president and chief executive officer from 2009 through July 2010.

He also served as chief financial officer of Pamrapo Bancorp Inc. and Pamrapo Savings Bank from 2001-10. Walter received a B.S. degree in accounting from Montclair State University and is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

“It’s a great privilege to serve as CFO of The Westchester Bank,” Walter said. “The bank’s standing in the financial and banking communities remains very strong. There is a sound growth strategy in place and an important part of my role is to continue to build the financial controls consistent with the bank’s accelerated growth.” 

The Westchester Bank is a New York state-chartered and full-service FDIC insured commercial bank.The Westchester Bank is headquartered at 2001 Central Park Ave., Yonkers, with additional branches in White Plains at 464 Mamaroneck Ave. and Thornwood at 994 Broadway.  Plans for a new branch will be announced shortly.

For more information about The Westchester Bank products and personal services, visit TheWestchesterBank.com

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