Current Chair Of Harrisburg Chamber Of Commerce
June 8, 2020
York Traditions Bank, in York, Pennsylvania, announced that Thomas J. Sposito II has joined its executive leadership team as strategic revenue officer. In this new role, Sposito serves as a resource for organic revenue generation, enterprise-wide profitability, and balance sheet growth for the bank's core and expanded markets.
"Tom is a well-respected business and community leader with a genuine care for people," noted President and CEO Eugene Draganosky. "His reputation and connections will help us acquire new clients and expand existing relationships, and his vast experience and knowledge will aid in the formulation of future strategic ventures."
Sposito is the current board chair of the Harrisburg Regional Chamber of Commerce and an advisory board member for the Penn State fundraising campaign. His banking career in the Harrisburg, Lancaster, and other central Pennsylvania markets has included leadership positions with Sterling Financial, PNC, Integrity and S&T.
In May 2019, Sposito retired from S&T Bank as chief corporate development officer with direct responsibility for wealth management, private banking, public funds, and local market business development. Throughout his 35-year career, he has held nearly every customer-facing leadership role such as market executive, chief banking officer, chief revenue officer, chief operating officer, president, and CEO.
In January, York Traditions Bank announced the organization's first full-service branch in Lancaster County. The original timeline has been temporarily delayed by COVID-19, but the doors at 1687 Oregon Pike will open next year. In addition to assisting the bank in developing strategic business relationships, Sposito will lead the efforts to recruit associates and advisory council members for the Lancaster region.
"I have known Tom for decades and have the utmost respect for his values and many contributions to our industry," remarked Michael Kochenour, Founder and Chairman. "He is a strategic thought leader with a proven track record and a sincere love for the community. He is the ideal cultural fit to help York Traditions Bank expand our relationship approach into new markets while staying true to our local vision and mission."
Sposito also served on the boards of Penn State/Hershey Children's Hospital Development and the Pennsylvania Bankers Association. Together with his wife Kathy and their five sons, the Spositos created an endowment at the Penn State Cancer Institute to fund research and treatments specifically aimed at defeating breast cancer.
Sposito earned his finance degree from Penn State University and a Master of Business Administration from Lebanon Valley College.
Funds Also To Support Economic Empowerment Of Blacks And Low- And Moderate-Income Communities
Funds Aimed At Reducing Impact Of COVID-19 Pandemic