The Honesdale National Bank Announces Retirement of President

William Schweighofer, Chairman of the Board for The Honesdale National Bank announced today that Thomas E. Sheridan, Jr.  the Bank’s President and CEO will retire from his more than 40 years in banking effective February 2025. Kate Bryant has been named his successor and will serve as the Bank’s first female president and CEO as the next step in her more than 20-year career with HNB.

Tom Sheridan, outgoing President

In making the announcement, Schweighofer stated, “Tom Sheridan has truly helped shape the strength and stability of The Honesdale National Bank over his extensive career with us, and the Board is truly grateful for his leadership.” He continued, “Kate Bryant holds the leadership, character, and expertise to continue the Bank’s mission forward and we will surely see her succeed in this new role.”

“HNB has an outstanding history in our local area, and I am truly grateful for having been given the opportunity to contribute to our Bank’s growth and success,” said Sheridan. “Kate’s leadership will undoubtedly aid the Bank in continuing to support the evolving needs of our customers, communities, and the interests of our shareholders.”

“Since 1836, The Honesdale National Bank has built a legacy of serving our employees, customers, shareholders, and community and it is an honor and privilege to lead the continuation of these values well into the future,” said Bryant. 

Bryant has served as the Bank’s Chief Financial Officer since 2016, through which she is responsible for managing the financial analysis, risk, planning, and performance of the bank and helps enable its strategic directives. She had been previously promoted to Senior Vice President, CFO in 2020 and Executive Vice President, CFO in 2023.

Bryant began her career in the financial industry in 1999, starting in the banking industry in 2003. She joined HNB in 2004 in the Accounting Department and helped shepherd the development of accounting and Bank Security Act (BSA) functions.

Bryant resides in Honesdale, and is a graduate of Honesdale High School. She obtained her Bachelor of Science in Finance and Minor in Economics from Indiana University of Pennsylvania. She later received her Master of Business Administration from Villanova University. Her professional accolades include certifications from the ABA Wharton Leadership Lab, Financial Managers School, Chamber Leadership Wayne, the Penn State Supervisory Program, and PBA School of Banking, She has been recognized as a Dress for Success Lackawanna Woman of Impact as well as a NEPA Business Journal Top 25 Women in Business.

Outside of the bank, she serves on the board of trustees for the Wayne County Community Foundation, Wayne Memorial Hospital, and as a board member for the Chamber of the Northern Poconos. She actively volunteers with Honesdale Friends of Football, Herd the Curd 5K/10K committee, and the Wayne County 4-H program. She has formerly served on the boards of the Wayne Memorial Hospital Foundation and Wayne County Public Library. In her spare time, she can be found spending time with her sons Abraham and Caleb, and husband, Zack.