Chemung Canal Trust names Fariello president of its Capital Bank division

ELMIRA — Chemung Canal Trust Company recently announced it has named Daniel D. Fariello president of its Capital Bank division, which operates in the greater Albany area.

Fariello, who joined Capital Bank in December 2013, currently serves as senior VP, commercial loan manager, and market executive of the banking company for the Capital Region.

“Dan is a strong leader who is well respected inside and out of the bank,” Anders M. Tomson, president and CEO of Chemung Canal Trust, said in a news release. “He has been a tremendous advocate for the bank and has been instrumental in our significant growth in the Capital Region.”

In his new position Fariello will oversee the entire bank’s operation in the Capital District and join Chemung Canal Trust’s executive management team.

He has more than 16 years of banking experience, including on the commercial lending side of the business. Prior to joining Capital Bank, he was a relationship manager and VP at First Niagara Bank.

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

Fariello has a bachelor’s degree in management/business from Skidmore College, and received his MBA from the University of Massachusetts. 

Elmira–based Chemung Canal Trust, which was established in 1833, says it is the oldest, locally owned and managed community bank in New York state. Its holding company is Chemung Financial Corp. (NASDAQ: CHMG). Chemung Financial acquired Capital Bank in 2011. 

ELMIRA — Chemung Canal Trust Company recently announced it has named Daniel D. Fariello president of its Capital Bank division, which operates in the greater Albany area.

Fariello, who joined Capital Bank in December 2013, currently serves as senior VP, commercial loan manager, and market executive of the banking company for the Capital Region.

“Dan is a strong leader who is well respected inside and out of the bank,” Anders M. Tomson, president and CEO of Chemung Canal Trust, said in a news release. “He has been a tremendous advocate for the bank and has been instrumental in our significant growth in the Capital Region.”

In his new position Fariello will oversee the entire bank’s operation in the Capital District and join Chemung Canal Trust’s executive management team.

He has more than 16 years of banking experience, including on the commercial lending side of the business. Prior to joining Capital Bank, he was a relationship manager and VP at First Niagara Bank.

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

Fariello has a bachelor’s degree in management/business from Skidmore College, and received his MBA from the University of Massachusetts. 

Elmira–based Chemung Canal Trust, which was established in 1833, says it is the oldest, locally owned and managed community bank in New York state. Its holding company is Chemung Financial Corp. (NASDAQ: CHMG). Chemung Financial acquired Capital Bank in 2011.