Board Member
Acting COO

Nick Palermo is the head of operations for InDorse Technologies. Previously, Mr. Palermo served as the president and chief executive officer (CEO) of Great Country Bank in Ansonia, Connecticut. While CEO, Mr. Palermo assumed the responsibility for turning around an institution labeled as a troubled bank by the FDIC to a functioning, profitable entity within three years. Before that, he served as president and CEO of the Amalgamated Bank of New York (ABNY), a union-owned institution with a branch network throughout New York City. Prior to assuming responsibility for the ABNY, Mr. Palermo served as senior vice president of the Chase Manhattan Bank, implementing a management process that produced significant profit margins in the area of the fee-based international financial products and services.

Following graduation from Rutgers University, and a tour of duty in the U.S. Army, Mr. Palermo joined First National City Bank (now Citibank) as a management trainee soon rising to the position of vice president of international operations. Mr. Palermo earned a master of business administration degree from Fairleigh Dickinson University; and attained the rank of major in the U.S. Army Reserve from which he is now retired.