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Ian McMahon joins Salisbury Bancorp as CFO

Staff writer | Lakeville, Conn., USA | September 10, 2009
Salisbury BancorpSeptember 10, 2009, Lakeville, Conn., USA - Salisbury Bancorp, Inc., the holding company of Salisbury Bank and Trust Company, announced that Ian McMahon has been appointed Chief Financial Officer of the Company and the Bank.
Mr. McMahon is a graduate of University College, Dublin, Ireland, from which he also holds a Diploma in Professional Accounting. He is also a Chartered Accountant through the Institute of Chartered Accountants in Ireland.

Most recently, Mr. McMahon served as Senior Vice President, Financial Planning and Analysis, with Doral Financial Corporation, a $10 billion diversified financial services company headquartered in Puerto Rico. Previously, he served as Executive Vice President, CFO and Treasurer for NewMil Bank, a $900 million full-service community bank with 20 banking offices that served Litchfield, Fairfield and New Haven Counties prior to its acquisition in 2006. In this position, Mr. McMahon was responsible for financial reporting oversight, interest rate risk management, liquidity and capital management, financial planning and performance measurement.