Saturday, July 18, 2009

Salisbury Bancorp, Inc. Mourns the Passing of its Chief Financial Officer, John Francis Foley

LAKEVILLE, Conn., July 15 The Board of Directors of Salisbury Bancorp, Inc. (the "Company"), the holding company of Salisbury Bank and Trust Company (the "Bank"), mourns the unexpected death of John Francis Foley, Chief Financial Officer of the Company and the Bank. Mr. Foley's banking career spanned over 30 years including the past 27 years with Salisbury Bank and Trust Company. He served as the Company's Chief Financial Officer and Treasurer since 2005.
Mr. Foley was devoted to his family and community. He served as a member of the Canaan Fire Company for 32 years. During his 32 years, he served as Vice President and President of the Company. John held officer positions of First Lieutenant, Captain, Assistant Chief and Deputy Chief before being elected Chief in December 2008. In addition, he served as Fire Marshall for North Canaan since 2000.
The Board has appointed Richard J. Cantele, Jr., President to serve as the Chief Financial Officer of the Company on an interim basis until the Board names a Chief Financial Officer.

President Cantele said, "John Foley left his mark on Salisbury Bank and Trust Company as well as the people and communities of Northwestern Connecticut. He touched and enriched the lives of many and will be truly missed by his many friends and family. His colleagues at Salisbury Bank will miss him personally and professionally."

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