The president and chief executive officer of Ion Bank and the mutual holding company that serves as its parent, Ion Financial MHC, has been elected chairman of America’s Mutual Banks, a national association of mutual financial institutions.

Charles J. Boulier III will serve a two-year term as chairman that ends in January 2016, the AMB has announced. The Washington D.C.-based association is dedicated to preserving, advocating and advancing the mutual banking business model.

As the AMB’s new chairman, Boulier heads a team of five newly elected officers.   Boulier, 57, served a one-year term as the association’s second vice chairman that ended Dec. 31.

Boulier, who became Ion Bank’s president and CEO in January 2013, joined the bank in 2004 as executive vice president and chief financial officer. In 2009, he was elected president and director of Castle Bank & Trust of Meriden, which was being merged into Ion Bank.

He has also served as vice president, treasurer and director of Ion Financial MHC.

Prior to joining Ion Bank, Boulier was a senior executive vice president, treasurer and CFO of New Britain-based American Savings Bank from 1993 to 2004. He was also a senior vice president of finance and investments at Waterbury-based Centerbank from 1981 to 1993.

A chartered financial analyst, Boulier received his MBA in finance from the University of New Haven, and is a graduate of Bryant College, where he received a bachelor’s degree in accounting.

He is a vice chairman and director of the American Savings Foundation, director and treasurer of the Connecticut Community Foundation, a director of the Saint Mary’s Hospital Foundation and Vantis Life Insurance Co., and a member of the finance committee at St. Margaret Church in Waterbury. He was named Campaign Coordinator of the Year by the United Way of Naugatuck & Beacon Falls in 2010.  Boulier, a native of Waterbury, lives with his wife, Beth, in Wolcott. They have two children and two grandchildren.

About Ion Bank

Ion Bank, a wholly owned subsidiary of Ion Financial, MHC, has been serving customers throughout Connecticut’s Greater Naugatuck Valley and central Connecticut since 1870.  Locally owned, the bank is committed to helping customers as well as the community at large.  Ion Bank offers personal banking, business banking and financial services at its 17 branch locations.

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