In his new role, Foley would focus on directing and managing the bank’s credit policies and credit administration and will also contribute to the development of business strategies geared toward attaining the profit objectives of the bank’s annual plan.

Foley will be a member of the bank’s executive management team and serve on the bank’s loan committee.

Foley was most recently the chief credit officer at Herald National Bank in New York and prior to his Herald Bank assignments, he was a managing director at Forensic Investigative Associates where he specialized in compliance monitoring and due diligence.

Patriot National Bank president and CEO Christopher Maher Mark’s wealth of financial industry knowledge, exceptional analytical skills, and proven ability to manage credit risk will help Patriot transition from the completion of their operational restructuring towards increased profitability.