Shawn P. Honan, CPA, has been named one of 13 ‘New Leaders in Banking’ for 2015 by the Connecticut Bankers Association. Honan is entering his 25th year at Essex Savings Bank — starting as an Accounting/Operations manager, Honan has worked his way up through the management ladder of Essex Savings Bank to the point where he is now Senior Vice President, Treasurer, and Chief Financial Officer, and is an essential part of the four-person senior management team.
He enjoys serving the community including spending 10 years coaching Little League baseball and softball while also serving as the Treasurer of the organization for most of those years and is also active both in his local church parish, including serving on the Vestry as Treasurer for four years, as well as serving the broader church throughout the state.
“I am proud to say Shawn has been an integral part of the success of our Bank. He is a thoughtful colleague who has helped shape our balance sheet and assisted in building a business that is sustainable. I enjoy strategizing with him and have appreciated his counsel and friendship,” stated Gregory R. Shook, President and CEO of Essex Savings Bank.
“I am honored and truly flattered to have been nominated for and chosen to receive this award. My sincere thanks to President Shook and the Board of Directors for their support and confidence in me. I consider it a privilege to serve this great institution and the financial needs of the people and businesses in our communities,” said Honan.
The awards are presented by the Connecticut Bankers Association and Connecticut Banking magazine and the ‘New Leaders In Banking’ honorees were chosen by an independent panel. To be eligible, an individual must work in a Connecticut bank, be an outstanding employee, manager, or business leader and make a notable impact within their bank or community.
Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851. The Bank serves the Connecticut River Valley and shoreline with six offices in Essex (2), Chester, Madison, Old Lyme and Old Saybrook providing a full complement of personal and business banking. Financial, estate, insurance and retirement planning are offered throughout the state by the Bank’s Trust Department and wholly-owned subsidiary, Essex Financial Services, Inc., Member FINRA, SIPC.