Salisbury Bank & Trust breaks ground in Millerton

MILLERTON - On Tuesday, June 2, a multitude of people gathered on the corner of Route 44 and Maple Avenue, where Salisbury Bank & Trust held its ground breaking ceremony for the future Millerton branch of the bank.

John Perotti, CEO of the company until he retires on June 8, stood with President, Chief Operating Officer and CEO-elect Rick Cantele, and spoke on what had been at times, a difficult path to opening a branch in New York.

Salisbury Bank & Trust has owned a piece of property next to the Millerton post office since 1988, but was legally unable to open a branch in New York for some time. Eventually, a bank was bought by the company in southern New York and moved to Dover, allowing for subsequent branches like the one in Millerton to open.

Nearly 30 people gathered on the site where the Broadway Pizza building once stood to take part in the ceremony, including Dutchess County Executive William Steinhaus.

“It’s great to reflect and look at an organization with a 150 year history of building neighborhoods and families,� Steinhaus said. “This is what makes a community great.�

Village Mayor John Scutieri said Salisbury Bank & Trust exemplified the business qualities that the village was looking for, representing “the type of strong growth that Millerton strives for.�

“This really sums up,� Cantele said looking at the crowd gathered, “how welcoming North East and Millerton have been to the branch opening.�

After the ceremony, Simmons’ Way Village Inn hosted refreshments. Perotti reported that actual ground-breaking is expected to begin within the month, and that the bank has set Dec. 1 of this year for the Millerton branch to open to the public.

“It will be a very modern, state-of-the-art, green building,� he said, “and we’re hoping to work with as many local contractors as are interested.�

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