By Mary Fox
Michael Wimer began his position as president of the Cattaraugus County Bank on April 17.
“Finding a successor was an in-depth, yearlong process,” said retiring president and CEO Salvatore Marranca. “I am proud of the board of directors of CCB who took ownership of management succession.”
“We were looking for a combination of technological ability, experience in management, leadership style, the right fit in the community, the right culture for the bank, personality and an understanding of who and what we are,” said Marranca. “We believe we have found them in Mike Wimer.”
Wimer arrived at CCB with over 25 years of banking experience having previous experience with all banking positions in a similar market. He comes to CCB from the Swineford National Bank in Pennsylvania where he served as president, CEO and chairman of the board of the $300 million dollar bank.
“Coming here is an opportunity to do what I love to do in an independent community bank,” said Wimer.
“I come from a rural area much like here,” said Wimer. “I grew up on a farm in Lancaster County, Pennsylvania.”
“I love to golf and ski,” said Wimer. “My greatest interest outside of banking is first being a dad to a son, Christian, age 22, who is just one year out of college with a biology major and is teaching for AmeriCorps in Little Rock, Arkansas; and my daughter Hanna, who is 19 and a freshman in college.”
Wimer has served on the boards of several organizations including Swineford Hospital and The United Way.
“There are a lot of organizations in our service area that need help,” said Marranca. “I am sure Mike will find places to give to the community personally and professionally.”
Wimer has not decided yet where he will be living, but it will be in the bank’s service area, which includes Little Valley, Springville, Franklinville, Randolph, Salamanca, Jamestown, South Dayton and Dunkirk.
Retiring President Salvatore Marranca will continue as CEO until the end of the year when Wimer will succeed him as CEO.
“I will always be a part of CCB,” said Marranca, who will continue his commitment to the bank as a member of the board of directors.
Marranca has been president and CEO of CCB for 32 years during which the bank grew from the main office in Little Valley with 14 employees to seven branch offices and 82 employees.
Marranca sees his legacy to CCB as passing on a very strong, safe and sound Independent Community Bank.
“As business has prospered, its talented employees must be given credit for keeping the bank growing,” said Marranca. “It comes down to people not stats.”
Wimer’s hope for the future of CCB is that it continues to grow and be healthy.