NAR: Northeast Existing-Home Sales Spiked by 8.5% in November; Prices Rose Nearly 10%
“Home sales momentum is building,” said NAR Chief Economist Lawrence Yun.
A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.
SOUTH SALEM—An icon in the business and banking sectors in the Hudson Valley, particularly Putnam County, Ross Weale passed away on July 19 at the age of 85.
Weale, a 32-year resident of South Salem, died of cancer at his home on Lake Waccabuc. A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.
He was born in Englewood, NJ, the only child of Gilbert and Margery (Ross) Weale. He went to primary school in Englewood and later attended and graduated from Trinity Pawling School in Pawling, NY. He received his BA from Nichols College and took several graduate courses at Harvard Business School.
Weale entered The Bank of New York's Executive Management Program after graduation. He served in several senior management roles as President of a Bank of New York subsidiary in Syracuse, NY and Regional President of the bank's largest retail division, the County Trust Region of the Bank of New York. In 1985, he co-founded Country Bank in Carmel, NY. He finished his career serving as President of the Putnam County Economic Development Corp.
He was involved in many community organizations. He served as Council President for the Westchester Putnam Boy Scouts of America, Trustee of Northern Westchester Hospital Center, Chair of the Westchester Health Fund, Director ReliaStar/Voya Life Insurance Co., Chair of the New York State Small Business Advisory Board during the Pataki Administration and Chair of the Tompkins Mahopac Bank's Business Development Board.
On Sept. 8, 1962, he married the former Carol Elizabeth Bowen at St. Matthews Episcopal Church in Wilton, CT. He is survived by his children - Ross M. Weale, Jr. (Denise) of Croton, NY and Sara E. Weale of Katonah, NY as well as four grandchildren: Matthew Weale, Olivia Weale, Charlie Rudge and Elizabeth Rudge. He is also survived by his beloved yellow lab Yumi and granddog black lab Ember. He is predeceased by his parents and his beloved labs – Cazenovia, Pita, Moryaka, Inge and Damsel.
Services are being held at Clark Associates Funeral Home, 4 Woods Bridge Rd., Katonah, NY on Saturday, August 3rd from 1 p.m. to 3 p.m. There will be a brief service at 2 p.m. In lieu of flowers, memorial contributions may be made to Guiding Eyes For the Blind, Inc. 611 Granite Springs Road, Yorktown Heights, New York 10598
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.