Sturdy Savings Bank promotes Matuson from CFO to COO

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Stone Harbor-based Sturdy Savings Bank elevated Gregory Matuson to chief operations officer, the institution announced Monday.

Matuson has been executive vice president and chief financial officer for the past 14 years.

“It is rewarding to be recognized for my work and dedication to a job I enjoy, as well an institution that I believe puts its best foot forward for both its employees and customers,” said Matuson in a prepared statement.

Matuson began his career with Sturdy as a senior accountant 20 years ago. He was promoted to finance department manager the following year in 2001, assistant vice president and controller in 2003; vice president, controller and treasurer in 2005; senior vice president, chief financial officer and treasurer in 2006 and executive vice president and chief financial officer in 2014.

“[Matuson] is a longstanding, invaluable member of our executive team, and this promotion is reflective of our appreciation for his hard work and dedication,” said President and Chief Executive Officer Gerald Reeves in a prepared statement.

Sturdy Savings Bank has 14 branches located throughout Cape May and Atlantic counties.