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E. Philip Saunders

Chairman, Genesee Regional Bank

Years in current role: 26

What was your biggest success in 2021?

2021 proved difficult for many but I can say without hesitation that I was able to keep everyone employed. Although many employees did test positive with COVID, we saw no deaths. On top of this, Genesee Regional Bank processed many PPP loans not only for our customers, but for local businesses that were unsuccessful in getting results from their local banks. I am extremely proud of the hard work and dedication that continues to bring success to the bank.

What are your expectations for 2022?

Despite the continued rise in COVID-19 and market uncertainty, we are looking forward to a good year with all businesses. This does not just include Genesee Regional Bank but also Western New York Energy, our hotels, Valley Energy, and American Rock Salt.

What is your biggest takeaway from dealing with the COVID-19 pandemic?

The biggest takeaway is the fact that we take things for granted. Life is fragile and tomorrow is never promised in life or in business.

What is your favorite thing about the Rochester community?

The Covid-19 pandemic has really forced one to take a look at their team and the community as a whole. I believe Rochester is the most prosperous city in New York State and a city with great growth potential.

If time were no issue, what would you do to help the community that you aren’t already doing?

If time were not an issue, I would want to tackle or at least assist in helping to fix our inner city and end the plague of violence.

This profile is part of Rochester Business Journal's Power 100 list for 2022. Information used in this profile was sourced from the honoree. View the full list at


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