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Mauch Chunk Trust Company is pleased to announce the following internal promotions for Chief Financial Officer and Controller, effective January 1, 2022.

Contact: Patrick H. Reilly, President & CEO. 570-325-2265

Jim Thorpe, Pennsylvania (January 31, 2022)-

Nicole Barbaro has been promoted to Chief Financial Officer. She began her career in banking in 2007 with the Mauch Chunk Trust Company. During her 15 years, she held various positions including Teller/Customer Service Representative, Accounting Analyst, Accounting Supervisor and Controller.

Barbaro is a 2018 Summa Cum Laude graduate of Cedar Crest College in Allentown, PA, holding a bachelor’s degree in accounting. Previous to that she attended Lehigh Carbon Community College in Schnecksville, PA, achieving an associate degree in Accounting. She is a graduate of Lehighton Area High School and resides in Carbon County.

In addition to her professional responsibilities with Mauch Chunk Trust, Ms. Barbaro is currently serving as a Board member with the Leadership Carbon Steering Committee and was a 2017 graduate of the Leadership Carbon Program.


Louisa Krause has been promoted to Controller. She began her career in banking in 2008 with the Mauch Chunk Trust Company. During her 14 years, she held various positions including Teller/Customer Service Representative, Electronic Banking Specialist, Accounting Analyst, and Assistant Controller.

Krause has an associate degree in Business Administration from Lehigh Carbon Community College where she graduated Cum Laude, and is currently pursuing her Bachelor’s Degree in Accounting at Cedar Crest College. Ms. Krause is a graduate of Panther Valley High School and resides in Carbon County.

Incorporated in 1902, Mauch Chunk Trust is the successor institution to the Second National Bank of Mauch Chunk established in 1864. For more information on Mauch Chunk Trust, please visit www.mct.bank.

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