Skip to main content
Enter search terms below…

Member News

Fariello Named Capital Bank President



Anders M. Tomson, President and CEO of Chemung Canal Trust Company, today announced that Daniel D. Fariello has been named President of the Capital Bank Division of Chemung Canal Trust Company.  Fariello, who joined Capital Bank in December 2013, currently serves as Senior Vice President, Commercial Loan Manager and Market Executive of the company for the Capital Region.

“Dan is a strong leader who is well respected inside and out of the bank,” Tomson said. “He has been a tremendous advocate for the bank and has been instrumental in our significant growth in the Capital Region,” he added. In his new position Fariello will oversee the collaborative effort of the entire bank’s operation within the Capital District and join Chemung Canal Trust Company’s Executive Management Team.

Mr. Fariello has more than 16 years of banking experience, including a strong concentration within the commercial lending side of the business.  Prior to joining Capital Bank he was a Relationship Manager and Vice President at First Niagara Bank.

Fariello’s appointment comes as Capital Bank’s footprint is also growing.  On January 8th the bank will open a branch office in Schenectady, as part of the Mohawk Harbor development project, and it expects to open an office in Wilton Plaza this coming April.  These offices join other branches in downtown Albany, Clifton Park, Colonie, Latham and Slingerlands. 

“I am honored to be appointed President of Capital Bank. We have a strong and growing team of experienced and dedicated banking professionals and I look forward to the opportunity to expand the Capital Bank imprint within the region,” Fariello said. 

Fariello graduated with a BS in Management/Business from Skidmore College, and received an MBA from the University of Massachusetts. He is the treasurer of the board of directors of the Downtown Albany Business Improvement District, board member of the Town of Clifton Park Industrial Development Agency, a member of the Advisory Board of the Southern Saratoga YMCA, and a volunteer coach for Clifton Park Baseball. 

BST & Co. CPAs, LLP, one of the Capital Region’s leading financial and management consulting firms, will welcome business professionals to learn about the benefits of outsourced accounting during a webinar on Wednesday, August 12 at 11:30 a.m. During the 30-minute webinar, BST & Co. Partner Kristen Berdar will discuss how outsourced…
Passport For Good was recently awarded a statewide contract through Erie 1 BOCES to provide college and career readiness support to school districts throughout New York state. This 3-year cross-state contract for the New York State Contract Instructional Technology Contract Consortium allows Western New York Regional Information Center (WNYRIC), a…
 CAP COM Federal Credit Union has hired Carin Urban as the credit union’s Vice President of Member Services, overseeing CAP COM’s 11 branches, as well as its Member Contact Center. Urban will develop and lead programs to strengthen member experience and service delivery. She brings more than 25 years of retail banking management experience to the…
Aug
07
In 2015, the Chamber developed CEO Roundtable Discussions with much success.  The purpose is to bring together small groups of CEOs, presidents and/or…
8:30 a.m. - 9:30 a.m. EST
Aug
17
Join us for a day of clubs, carts & connections at The Country Club of Troy! Start practicing your swing!  The Chamber's 2020 Annual Golf Classic will…
Tee Times Available Between 8:00 a.m. - 12:30 p.m.
Sep
17
2020 Award Recipients To Be Announced Soon! An evening honoring outstanding examples of philanthropic giving and citizenship. For more than 25 years, the …
5:30 p.m. Networking & Cocktail Reception; 6:30 p.m. Awards Ceremony & Dinner