Financial Institutions, the parent company of Five Star Bank, SDN Insurance Agency, Courier Capital and HNP Capital, promoted CFO and treasurer W. Jack Plants II to executive vice president.
Plants joined the company in 2019 as senior vice president and corporate treasurer. He was promoted to the role of CFO in February 2021, assuming expanded leadership of the company’s financial planning and analysis, accounting, tax, investor and external relations and treasury groups.
“Jack has proven himself to be an integral member of our leadership team and I am very pleased to announce his promotion to executive vice president,” Martin K. Birmingham, president and CEO of Financial Institutions and Five Star Bank, said. “I am confident that Jack will do an excellent job of helping us leverage the strategic investments we’ve completed this year with respect to talent, geographic expansion and enhanced digital capabilities and offerings to improve profitability and operating leverage in 2023.”
Prior to joining Financial Institutions and Five Star Bank in 2019, Plants had most recently served as senior vice president and treasurer of United Bank, a financial services firm offering commercial, small business, wealth management and consumer banking products and services to customers throughout Connecticut, Massachusetts and Rhode Island. Prior to his seven-year tenure at United Bank, he worked in various treasury and credit roles with GE Capital, Patriot National Bank, SL Financial Services and GE Commercial Finance. He started his career with Five Star Bank in 2006.