New Valley Bank & Trust Co. Officially Opens Its Doors
Springfield’s first startup bank in 11 years has officially opened its doors. New Valley Bank & Trust Co. received final regulatory approval and staged a press conference on June 10 to celebrate what co-founder Jeff Sullivan called “a business bank for the ambitious.” “We’re mindful of the privilege we’ve been granted, and we intend to not only be responsive to our shareholders, but to be responsible to the communities we serve,” co-founder Frank Fitzgerald added during a gathering of supporters, co-investors, business leaders, and elected officials.