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BSB Bancorp elects new director.


BINGHAMTON, N.Y.--(BUSINESS WIRE)--May 20, 1996--The Board of Directors of BSB BSB Backstreet Boys
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 Bancorp Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:BSBN BSBN Baltic Sea Business Network
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), holding company for BSB Bank & Trust, announced the election of Alex S. DePersis to the position of Director for both BSB Bancorp Inc. and BSB Bank & Trust. In October of 1995 DePersis was promoted to President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 for both institutions.

William H. Rincker, Chairman of the Board and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "The Board of Directors recognizes the experience and talent of Mr. DePersis and acknowledges his commitment to the organization. We are all confident in his leadership capability. In addition, his experience will be influential in maintaining BSB as a strong competitor in our market areas."

DePersis joined BSB in January 1985 as Vice President. Prior to joining BSB Bank & Trust he was Vice President of Commercial Lending for KeyCorp in Broome County, and was Vice President and Regional Administrative Officer for Bankers Trust.

CONTACT: BSB Bancorp Inc., Binghamton

William H. Rincker, 607/779-2536
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 20, 1996
Words:163
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