From the banks of Ireland, to a family run Community Bank. This is our Story.
Meet the Murphys
Joseph Murphy grew up in Inwood at the northern tip of Manhattan. He was the son of a teamster, who came straight off the boat from Ireland, with nothing. His education began at a Catholic grammar school, which was built to support a burgeoning city. A city that was once bucolic countryside.
He was 16 when his mother passed too young. Despite the hardship, he pushed onward.
After high school, he attended Iona College with a scholarship, before enlisting in the Marines. Upon his return from Korea, he resumed school and obtained a B.B.A. with a major in Accounting. By then, he was already a father to twins, Joe Jr. and Patricia. Little did he know that his legacy was just beginning…
Soon after taking the reins, Joseph invited a fellow Irish-American to breakfast. He asked him if he would come to work at Country Bank. The man replied, “Well, jeez, I’ve never heard of that bank.” Joseph then mentioned that it was located upstate in Carmel NY and again the man replied, “Jeez, I’ve never heard of that either.” In 1993, William J. Burke became President of Country Bank.
He was an icon in the Irish-American banking world. Grand Marshal of the St. Patricks Day Parade, Vice President for Barclay’s and the Bank of Ireland.
There was a saying that you couldn’t throw a stone in Manhattan without hitting an Irish-American business that Bill Burke helped grow. Now he was helping Country grow and they were making there way back to the City opening new locations in Westchester and the Bronx along the way.
RAISING THE FLAG
Four years later, Joe Jr., well-versed in Real Estate Finance, joined his father’s efforts and relieved Bill as the President and CEO. His sister Carolyn also came on board as the Director of Marketing and Development, making Country a bonafide family affair. Over the next decade, Country found itself servicing more and more commercial clients in New York City. Their focus had shifted from the rural community to commercial real estate lending and Manhattan based middle market businesses.
It was time to commit fully to the new paradigm, without losing the values that created Country. It was time to take Country, to the City.
On St. Patrick’s Day of 2015, Country Bank took a leap of faith and officially cut the ribbon, raising it’s new Flagship Location on Third Ave., right in the heart of Manhattan.
“Our flagship location gives us the opportunity to grow organically right alongside the very new yorkers we do business with.”