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Stephen C. Hansen

Pres-Hansen-REV_290_290
Position: President, 1978-2007
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After attending St. Paul's Academy in Concord, New Hampshire, where he was a member of the rowing crew, Stephen Hansen graduated from Princeton University and the University of Virginia School of Law. While still in his twenties, he ran for, and won, a seat in the New York Assembly, representing Manhattan, where he had been born and raised. Subsequently, he worked six years at the FDIC and HUD, where he served as special assistant to the undersecretary.  

Hansen joined Dollar Bank in 1976 as senior vice president. Two years later, at age 38, he became the youngest president in Dollar Bank's history. The considerable knowledge Hansen had gained of the financial industry from the legislative side made him especially well-suited to lead Dollar Bank into the future. Hansen championed changes in regulations to allow savings banks to offer checking products and remain competitive with other financial institutions. He led the formation of a network of surcharge-free ATMs, with more than two dozen regional banks as members of the alliance.

During Hansen's term as president, Dollar Bank's assets grew from $1 billion to $5.3 billion. He was the primary architect of many new departments at Dollar Bank and oversaw its expansion of operations into the Cleveland area. 

Stephen Hansen served on the boards of the Carnegie Science Center, American Respiratory Alliance, Pittsburgh Regional Alliance, Regional Air Service Partnership and World Affairs Council of Pittsburgh. Hansen was also an active supporter of the Boys & Girls Clubs of Western Pennsylvania.