C-Suite 2.JPG

As Pioneer Valley’s next innovative endeavor, New Valley Bank & Trust is championed by a diverse group of results-driven founders, investors and professionals capitalizing on the economic momentum of the region each of us calls home. Our best-in-class product suites are thoughtfully designed to elevate the financial prosperity of our customers, with personalized services for the way they live and do business. The competitive advantage we have over large and consolidated banks lies within our authentic commitment to accountability and responsiveness. Our robust digital platform is coupled with local decision-makers capable of moving in real-time to keep pace with a business community that is vibrant and growing. A wide network of Western Mass-based shareholders and business customers fuels our sustainable model, promoting loyalty and profitability for our customers. As a community touchstone we are committed to a positive economic and social impact for all businesses and lives in our region.



Frank Fitzgerald

Chairman & Founder 

Attorney Frank P. Fitzgerald is perhaps best known as the Founding Chairman of The Bank of Western Massachusetts, a local business bank formed in 1987 which grew to over $1 Billion in assets by the time of its assumption into Peoples’ United Bank in 2009. He is a sustaining member of the Hampden County Bar Association, the American Bar Association, and a former co-chair of the Democratic National Finance Committee. Additionally, he has been honored by the United States Small Business Administration as its Small Business Financial Service Advocate of the year. Attorney Fitzgerald received his Bachelor’s Degree from Western New England College in 1968 and earned his J.D. (Cum Laude) in 1973 from Western New England School of Law. 


J. Jeffrey Sullivan

President & Chief Executive Officer

As President and Chief Executive Officer, Jeff leads and executes on the strategic vision of New Valley Bank & Trust. He is an accomplished executive in the finance industry bringing with him over 30 years of banking and leadership experience. Previously, Jeff served as the President and CEO for a regional internal audit and regulatory compliance advisory firm in Springfield, and as Chief Operating Officer and Chief Lending Officer for two locally operated community banks in New England. He holds an MBA from the University of Massachusetts at Amherst.


Ryan Hess

Chief Lending Officer

As the Chief Lending Officer for New Valley Bank & Trust, Ryan is responsible for overseeing and managing all lending activity. Ryan delivers on New Valley’s lending objectives by delivering solutions to our customers with a sense of urgency focused on the bottom line value they desire. Ryan was most recently the VP of commercial banking at one of the largest banks in New England. He holds a BA in Business Administration degree from Stonehill College.

Hayes Murray

Chief Financial Officer

Previous to becoming Chief Financial Officer at New Valley Bank & Trust, Hayes worked as a Senior Accounting Manager for one of the world’s largest suppliers of aerospace and defense products, and as a Senior Audit Manager serving a variety of regional and community financial institutions at one of the region’s largest accounting firms. He now oversees and manages New Valley’s finance and investor relations. In 2015, Hayes was recognized as one of BusinessWest’s 40 Under 40 honorees. He holds an MSA degree from Western New England University.

Kate Gallo Megraw

Chief Information Officer & Chief Operating Officer

As the Chief Information Officer and Chief Operating Officer of New Valley Bank & Trust, Kate drives on our commitment to innovation and operational efficiency. Kate has served in a variety of key technical and operational leadership roles, including Director of IT and Portfolio Management for a large community bank in the region. She holds an MBA degree from Southern New Hampshire University.