Union County Savings Bank names new chairman, CEO

Union County Savings Bank, an Elizabeth-based savings bank with $1.9 billion in assets, has named a new chairman and CEO, it announced Tuesday.

Joseph Yewaisis is taking the helm of the 139-year-old local bank with 25 years of leadership experience in lending, accounting, crediting and auditing, UCSB said in a news release.

Most recently, Yewaisis was a senior managing director for Sterling National Bank, running a $2 billion division. Among other leadership roles, he has been vice president of middle market lending at Provident Bank, and has worked at Bank of New York and KPMG International.

“As we move into 2022, the team at UCSB and I are working hard to implement new technologies to connect with our customers daily and expand our leadership team in order to renew the customer experience,” he said in a prepared statement. “We will also be offering new products and services designed to meet the expanding needs of our diversified customer base, while preserving our 139-year pledge of security, safety and service.”