Greg Gula Promoted to VP, Chief Credit Officer

David Raven, President and CEO of The Honesdale National Bank, announced Greg Gula has been promoted to VP, Chief Credit Officer.

In making the statement, Raven noted, “Greg  has played a significant role in supporting the Bank’s asset quality and enabling the stability of our lending portfolio. We are confident that Greg will continue to contribute to a bright future for HNB and ensure excellent support for the needs of our customers.”

Prior to the promotion, Gula served as VP, Credit Administration Manager, managing credit related services to facilitate needs of bank employees and customers.

Gula began his career with HNB in 2010, and he will continue to mitigate the distribution of bank loans along with other tasks surrounding loan portfolio management in the department.

Commenting on his role at HNB, Gula noted, “Moving into this position affords me the opportunity to help move the bank forward, accepting new challenges and opportunities while remaining true to the solid foundation laid by my predecessors.”

Gula is a graduate of West Scranton High School and attended Penn State University. In his 42 years of banking experience, he has worked mainly in the lending related areas of several regional banks. He has also completed numerous banking courses, training sessions and workshops. His profession allowed the attendance of seminars relating to commercial lending, financial statement analysis, loan documentation and loan loss reserve allowance calculations.

For more information on HNB’s products and services, visit www.hnbbank.bank.