Your Leaders Never Settle for Anything Than Perfect Solutions

In an industry where clients are a commodity, New Valley values community above everything else. Our founding members are committed to operating with an innovative spirit and strive to ensure that your needs are met before they are a necessity.

New Valley Bank & Trust is championed by a diverse group of results-driven founders, investors and professionals capitalizing on the economic momentum of the region each of us calls home. A wide network of Western Mass-based shareholders and business customers fuels our sustainable model, promoting loyalty and profitability for our customers. As a community touchstone we are committed to a positive economic and social impact for all businesses and lives in our region. Meet the team that’s changing a dated field into one that is transforming the way you bank and helping our region achieve greater financial success.


Jeff Sullivan
Chief Executive Officer

As President and Chief Executive Officer, Jeff leads and executes on the strategic vision of New Valley Bank & Trust. He is an accomplished executive in the finance industry bringing with him over 30 years of banking and leadership experience. Previously, Jeff served as the President and CEO for a regional internal audit and regulatory compliance advisory firm in Springfield, and as Chief Operating Officer and Chief Lending Officer for two locally operated community banks in New England. He holds an MBA from the University of Massachusetts at Amherst.

Hayes Murray
Chief Financial Officer

Previous to becoming Chief Financial Officer at New Valley Bank & Trust, Hayes worked as a Senior Accounting Manager for one of the world’s largest suppliers of aerospace and defense products, and as a Senior Audit Manager serving a variety of regional and community financial institutions at one of the region’s largest accounting firms. He now oversees and manages New Valley’s finance and investor relations. In 2015, Hayes was recognized as one of BusinessWest’s 40 Under 40 honorees. He holds an MSA degree from Western New England University.

Kate Gallo Megraw
Chief Operating Officer & Chief Information Officer

As the Chief Information Officer and Chief Operating Officer of New Valley Bank & Trust, Kate drives on our commitment to innovation and operational efficiency. Kate has served in a variety of key technical and operational leadership roles, including Director of IT and Portfolio Management for a large community bank in the region. She holds an MBA degree from Southern New Hampshire University.

Ryan Hess
Chief Lending Officer

As the Chief Lending Officer for New Valley Bank & Trust, Ryan is responsible for overseeing and managing all lending activity. Ryan delivers on New Valley’s lending objectives by delivering solutions to our customers with a sense of urgency focused on the bottom line value they desire. Ryan was most recently the VP of commercial banking at one of the largest banks in New England. He holds a BA in Business Administration degree from Stonehill College.