MONTGOMERY – Walden Savings Bank announced the addition of experienced banker Filiberto "Fil" Nieves as vice president, commercial lender, strengthening the bank’s commercial lending efforts and community ties in Sullivan County and the surrounding region.

A Liberty native, Nieves brings more than 20 years of experience in commercial lending, residential mortgages and business development across the Hudson Valley and Catskills. “We are thrilled to welcome Fil Nieves to Walden Savings Bank,” said Derrik Wynkoop, president and CEO of Walden Savings Bank. “With his proven track record in banking and deep ties to the region, Fil is uniquely positioned to help our commercial clients succeed. We’re excited to see the positive impact he will have on our customers and our community.”

Most recently, Nieves served as vice president and commercial relationship manager, focusing on expanding commercial lending in existing and new markets throughout the Mid-Hudson Valley. His responsibilities included customer relationship management, loan generation, underwriting, financial analysis, loan monitoring and coordination with internal departments. Earlier in his career, Nieves served as director of business development, where he identified new business opportunities, implemented growth strategies, coordinated account transitions, generated deposit and loan business, and provided leadership and staff training. He also previously served as a residential mortgage loan officer and branch manager, developing strong relationships with customers, real estate professionals and builders while managing loans from origination through closing and overseeing daily branch operations, sales, customer service and staff leadership.

Walden Savings Bank, established in 1872, is the tenth oldest federally chartered mutual savings bank and is headquartered in Montgomery, N.Y. With a total of 11 full-service branches serving Orange and Ulster Counties and a lending office in Beacon, the Bank’s progressive style of community banking provides products that cater to both individuals and businesses. Walden Savings Bank is rated 5 Stars by Bauer Financial, the nation’s leading and most respected financial institution analyst. In addition, Walden Investment Services, located at Walden Savings Bank, offers personalized advice for financial planning. To learn more about the Bank and its products and services, visit their website at www.waldensavings.bank.