May 8, 2018

Milford Federal CEO Casey to retire

Courtesy | Milford Federal Bank
Milford Federal Bank President and CEO Cynthia Casey.
Photo | Google
Milford Federal Bank's Main Street location in Milford

The longtime president and CEO of Milford Federal Bank, Cynthia Casey, is retiring next month, the bank announced Tuesday.

Casey, according to the bank, began working at Milford Federal 37 years ago, and spent the last 15 as president and CEO.

She's held several previous roles at the bank, including assistant controller, controller and senior vice president treasurer. Her retirement will be effective June 29, the bank said.

In a statement, Casey said she's looking forward to the next chapter in her life.

"I have been very fortunate to have had the opportunity to work for a great community-minded organization with wonderful and supportive people," she said.

To replace Casey, the board of directors appointed Senior Vice President and CFO Paul Gilbody to president and CEO.

"Paul not only has an abundance of banking experience, but he also understands and values the role of community banking," Casey said.

Gilbody has more than 30 years of banking experience, including the last five with Milford Federal.

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