After serving on the Board of Directors of Cattaraugus County Bank (CCB) for the past 33 years, Salvatore Marranca was voted Chairman of the Board of Directors at the independent community bank’s April, 2016 meeting.
Salvatore Marranca joined Cattaraugus County Bank (CCB), was appointed to the position of President and Chief Executive Officer of CCB and elected to the Bank’s Board of Directors in 1983. He was elected President of C.C. Bancorp (One Bank Holding Company) in 2011 and retired after 31+ years of service in 2014. Prior to joining the Bank he held the position of Senior Bank Examiner with the Federal Deposit Insurance Corporation. His career with the FDIC encompassed the years 1968 through 1982. During this period he served two years (1969-70) with the U.S. Army, including a tour of duty in Vietnam.
Sal is a graduate of Maryvale High School, Cheektowaga, NY, from which he has received the Distinguished Alumni Award and is the recipient of the Athletic Hall of Fame Award. He is a graduate of Bethany College, Bethany, WV, class of 1968, with a B.A. in Economics and was awarded the President’s Athletic All Conference Football Award. Sal was inducted in 2000 to the Bethany Athletic Hall of Fame and recently he received a distinguished alumni award in the field of Finance.
Sal Marranca’s affiliations include former Independent Community Bankers of America (ICBA) Chairman and current member and Board of Directors; former President of Independent Bankers Association of New York State (IBANYS); Advisory Board member of TCM Bank; Former Trustee of the New Directions Youth Foundation 1995-2015; Former Director of Cattaraugus County Industrial Development Agency 1997-2015; Former Board member of N.Y.S. Banking Department; Former Adjunct Faculty Member at St. Bonaventure University; Completed volunteer banking assignments in Kazakhstan, Russia, Croatia, Japan and Germany.
“As past President, CEO and Director of CCB for over three decades, I am proud and honored to be appointed Chairman of the Board,” states Marranca. “My passion for CCB and for community banking has never diminished. I accept the responsibilities and challenges in my new role. I thank and recognize the hard work, efforts and positive results of those who have preceded me as Chairman.”