Mauch Chunk Trust Company has announced that Nicole Barbaro has been promoted to executive vice president and chief financial officer and named as the successor to become MCT’s next president and chief executive officer following Patrick H. Reilly’s planned retirement later this year.

The specific transition date will be confirmed as that time approaches.

This dual recognition reflects Barbaro’s exceptional leadership, broad institutional knowledge and longstanding commitment to the bank and the communities it serves.

Barbaro’s expanded role and the long-term succession plan reflect the confidence of the board of directors and senior leadership in her ability to guide the organization into the future. Her proven track record in operations, financial management and team leadership positions her to continue advancing MCT’s mission as a strong, independent community bank.

“Nicole has demonstrated exceptional dedication to Mauch Chunk Trust Company for nearly two decades,” Reilly said. “Her understanding of community banking, her commitment to our customers, and her professionalism make her an outstanding choice for executive vice president and, in the future, for CEO.

“This planned transition ensures continued stability and strong leadership for years to come.”

Barbaro began her banking career with Mauch Chunk Trust Company in 2007. Over the past 18 years, she has advanced through a series of critical and increasingly complex roles: teller/customer service representative, accounting analyst, accounting supervisor, controller and, most recently, chief financial officer.

She brought operational strength, financial expertise and a collaborative leadership approach to each position. Her deep understanding of the bank’s operations and culture has made her an essential contributor to MCT’s continued success, the bank said.

A committed lifelong learner, Barbaro is a 2018 Summa Cum Laude graduate of Cedar Crest College, where she earned a bachelor’s degree in accounting.

She previously completed an associate degree in accounting from Lehigh Carbon Community College and is a graduate of Lehighton Area High School. Raised in Carbon County, she continues to reside locally and remains deeply engaged in the community she serves.

“I am honored and grateful for the opportunity to continue serving Mauch Chunk Trust Company in this expanded role,” Barbaro said. “It is a privilege to work alongside such dedicated colleagues, and I look forward to helping guide MCT’s continued growth and service to our community.”

Mauch Chunk Trust Company is a locally owned and managed independent community bank with its main office in Jim Thorpe. The bank operates six full service community offices in Carbon and Schuylkill counties as well as a Wealth Management office in Jim Thorpe.

MCT was incorporated on Aug. 25, 1902, as the successor institution to the Second National Bank of Mauch Chunk established in 1864.

For more information about MCT, visit www.mct.bank.