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Tompkins Community Bank Strengthens Hudson Valley Presence with Strategic Hire

Newswriter Staff June 4, 2025
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Tompkins Community Bank Strengthens Hudson Valley Presence with Strategic Hire

Summary

Tompkins Community Bank enhances its regional impact by appointing Todd Lake as business development officer, leveraging his extensive financial sector experience to foster economic growth in Dutchess County and beyond.

Full Article

Tompkins Community Bank has made a strategic move to reinforce its footprint in the Hudson Valley by welcoming Todd Lake as its new business development officer. Lake brings nearly 20 years of financial expertise, including a significant period at Brightbox Capital, to his new role. His appointment is a clear signal of Tompkins' dedication to nurturing the economic vitality of Dutchess County and the wider Hudson Valley region.

Carol Schmitz, senior vice president and community banking division manager at Tompkins, highlighted Lake's proven track record in business development and commercial lending as a key factor in his selection. Schmitz's confidence in Lake's capabilities underscores the bank's strategy to not only expand its own operations but also to play a pivotal role in the region's business ecosystem. Lake's arrival is anticipated to bring fresh perspectives and initiatives that will benefit both the bank and the local business community.

Having recently moved to the Hudson Valley with his family, Lake expressed his excitement about the opportunity to contribute to the area's growth. His personal commitment to community service aligns with Tompkins' ethos, making his appointment a natural fit. Lake's enthusiasm for his new role and his deep connection to the region are expected to drive meaningful engagement with local businesses and stakeholders.

This appointment is a testament to Tompkins Community Bank's ongoing commitment to expanding its services and strengthening its position in the regional banking sector. By tapping into Lake's wealth of experience, the bank is poised to enhance its offerings and support the dynamic business environment of the Hudson Valley. This move not only benefits Tompkins but also signals a positive outlook for the region's economic development, showcasing the bank's role as a catalyst for growth and innovation.

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