Solvay Bank Expands Commercial Banking Footprint into Mohawk Valley

Posted on January 9, 2024

Matt Nicholl, Renee Dellas and Paul Mello - Solvay Bank

SOLVAY BANK EXPANDS COMMERCIAL FOOTPRINT INTO THE MOHAWK VALLEY

SYRACUSE, NY — Solvay Bank, the oldest community bank established in Onondaga County, is pleased to announce its commercial banking expansion into the Mohawk Valley market in January.

Solvay Bank's expansion of commercial banking services is part of its commitment to serving the financial needs of individuals and businesses throughout Central New York. With a strategic vision to support the economic growth and development in the Mohawk Valley, Solvay Bank aims to service small businesses through its relationship-based banking approach, focused on excellence, personalized service, and community involvement.

As part of this expansion, Matt Nicholl was hired as a VP, Commercial Loan Officer, who will be based in New Hartford and play a key role in establishing Solvay Bank’s presence. He brings over twenty years of banking experience, with twelve in commercial lending, to the Bank. With deep roots in the Mohawk Valley, Matt has a strong understanding of the local market dynamics and the unique needs of businesses in the area.

"We are thrilled to announce our commercial banking expansion into the Mohawk Valley region and welcome Matt to the team. This represents a significant milestone for Solvay Bank," said Paul Mello, President & Chief Executive Officer of Solvay Bank. "We look forward to forging strong relationships, integrating with the community, and supporting the region’s economic growth as we have done in Onondaga County for over 106 years.”

“As a local resident and supporter of the Mohawk Valley, community growth and economic advancement are of great importance to me,” said Matt Nicholl, VP, Commercial Loan Officer of the Mohawk Valley. “It is refreshing to join a Bank that shares that same passion and commitment to the markets it serves. Solvay Bank’s investment from the start, through support of community and economic development groups like the Mohawk Valley EDGE and the Greater Utica Chamber, is a testament to the Bank's values and why it will make a good fit in this market.”

Solvay Bank will initially focus on offering commercial banking services in the Mohawk Valley and plans to scale up investment as appropriate to service the needs of its customer base. With its market familiarity, local lending and decisioning, and digital banking platforms, Solvay Bank is well positioned and excited to embark on this commercial expansion journey.

Founded in 1917, Solvay Bank is the oldest community bank established in Onondaga County. Solvay Bank has nine branch locations in Solvay, Baldwinsville, Camillus, Cicero, DeWitt, Liverpool, North Syracuse, Westvale, and downtown Syracuse, and a commercial presence in the Mohawk Valley. Solvay Bank’s Insurance Agency, Inc. is a full-service general insurance agency. For more information about Solvay Bank, visit www.solvaybank.com.

###

CenterState CEO

Other Member News

Strategic Communications Media Training
October 30, 2025

New On-Demand Virtual Media Training Now Available

For years, the Strategic Communications Media Training Program has empowered organization leaders, spokespersons, and subject matter expe

NBT Bancorp Inc. Announces Record Third Quarter 2025 Results and Declares Cash Dividend
October 28, 2025

NBT Bancorp Inc. Announces Record Third Quarter 2025 Results and Declares Cash Dividend

NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and nine months ended Sept.30, 2025.

Warm, hearty meals for casual friendly get-togethers
October 24, 2025

Fulton Dining and Activity Center

Reservations are encouraged, and bussing is available from participants homes to the center.

Image - presenters
October 24, 2025

Join Harris Beach Murtha for a Webinar Covering the Evolving Landscape of the H-1B Visa Program

Attendees will gain practical guidance on compliance strategies, risk mitigation and workforce planning, with a focus on supporting H-1B employees.

2025 Central New York Real Estate Conference
October 21, 2025

2025 Central New York Real Estate Conference

This one-day event offers unparalleled opportunities for networking, lead generation, and brand visibility—whether through attending, tabling, or sponsoring.

October 20, 2025

Springbrook Expands in Central New York with New Syracuse Office

The expansion marks an exciting milestone in Springbrook’s ongoing mission to provide exceptional, person-centered support across the state.

Warm, hearty meals for casual friendly get-togethers
October 17, 2025

Fulton Dining and Activity Center Menu

Reservations are encouraged and bussing is available from participants homes to the center.

Oswego Jiu Jitsu & The Mix Women's Self-Defense Seminar
October 15, 2025

Oswego Jiu Jitsu & The Mix Women's Self-Defense Seminar

Find out more information and register here.

October 15, 2025

Join SUNY Oswego for A Showcase of Innovation, Collaboration and Impact!

RSVP to join us on October 23-24, 2025 at SUNY Oswego for any or all of the following four free events.