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Bank Director In Naugatuck Retires After 50-Year Career


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“Mark’s passion and dedication made a lasting impact on Ion Bank. His wisdom and knowledge of the industry will truly be missed, said Ion Bank President and CEO, David Rotatori. (Shutterstock)
Press release from Ion Bank:
May 7, 2021
Mark C. Yanarella, a native of Naugatuck, retired from Ion Bank s Board of Directors completing a fifty-year career. Mark began his banking career in 1970 as a management trainee with Naugatuck Savings Bank, (renamed Ion Bank ).
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In 1980, after holding numerous positions, he became Corporate Secretary and a member of the bank s Executive Management Team, overseeing the bank s lending function, a role he continued to play for the next 17 years. Mark was promoted to Vice President in 1983 and elected to the Boards of Directors and Corporators in 1985. He was promoted to Executive Vice President in 1990. In 1997, Mark was named President and Chief Executive Officer. He was ultimately named Chairman and CE ....

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