Community Heritage Financial, Inc. and Middletown Valley Bank announced John A. Scaldara, Jr. will transition to the role of Chief Financial Officer in the first quarter of 2024. At that time, Robert (Bob) Wolfe will retire from his position as Executive Vice President, Chief Financial Officer. Wolfe has been with the Company since 2019 and has served in his current role since 2020.

He retires with over 38 years spent in financial management and accounting. Scaldara brings over 34 years of financial expertise and senior leadership experience in the banking industry, most recently serving as Executive Vice President Chief Financial Officer at Provident State Bank on Maryland's Eastern Shore. He will be joining the team at the Bank's headquarters in Middletown, MD.