Finance and banking professional joins Board with extensive industry experience.

Carteret, NJ – URSB, Carteret’s hometown bank with over 100 years of an outstanding reputation for personalized service and commitment to the community, has announced that Timothy J. Touhey has joined the Bank’s Board of Directors.

Mr. Touhey currently serves as the Chief Executive Officer for Atlys Global, a $500 million national lending platform that benefits states and communities impacted by natural disasters. Atlys Global is also the leading financial company in providing capital to Puerto Rico, St. Thomas and St. Croix in the wake of Hurricane Maria’s devastation in 2017.

Prior to this role, Mr. Touhey worked at Investors Bank where he led a team of lending officers in providing financing to real estate organizations, developers and businesses across southern and central New Jersey, Delaware and Pennsylvania. He has also held leadership roles at the New Jersey Builders Association and the Fannie Mae Northeast Community Business Center.

With extensive experience in financial services, construction, government affairs and housing and urban development, Mr. Touhey has advised several former governors of New Jersey including Chris Christie and Jon Corzine. He has also been named one of New Jersey’s most influential people in business, according to the NJBIZ “Power 100” rankings.

“We are thrilled to welcome Mr. Touhey to the Board of Directors,” said Kenneth R. Totten, President/CEO & Chairman of URSB. “His proven experience in finance and community involvement will provide valuable expertise to the Bank’s leadership and initiatives moving forward.”

Mr. Touhey holds a Bachelor of Arts from Mount Mercy College as well as a Master’s Degree in Policy/Administration from Rutgers University. He currently resides in Gladstone, New Jersey with his wife, Denise, and their three children.