The Honorable Travis L. Francis Joins Riker Danzig
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP announced that the Honorable Travis L. Francis has joined the Firm after serving for 25 years as a Judge of the Superior Court of New Jersey, most recently as Assignment Judge of Middlesex County.
Francis served as a Superior Court Judge in Middlesex County from 1992 to 2017. He was appointed Assignment Judge in 2007, and presided over several notable and high profile cases in the course of his career on the bench. He also served on numerous Supreme Court committees, and was recognized in 2009 by the New Jersey State Bar Foundation with its Outstanding Volunteer Service Award.
Francis received a B.S. from Bradley University in 1971, a Master’s in Education from North Carolina State University in 1976, and a J.D. from Rutgers University School of Law in 1981. He is also an adjunct professor at Rutgers University School of Law, where he teaches Civil Liberties and Personal Injury Litigation Skills.
Riker Danzig Partner Stuart M. Lederman Reappointed
As Statewide Chair for the New Jersey Supreme Court Committee on Character
Riker Danzig Scherer Hyland & Perretti LLP announced that the Supreme Court of New Jersey has reappointed partner Stuart Lederman as the Statewide Chair for the Committee on Character.
The New Jersey Supreme Court Committee on Character determines the fitness to practice law of each candidate for admission to the bar of the State of New Jersey on the basis of personal record and reputation of each candidate and, following such review, to certify as to such fitness to the Supreme Court or withhold such certification.
Lederman's practice encompasses a broad range of legal matters in Riker Danzig's Litigation and Governmental Affairs departments. He regularly represents clients in construction, real estate, eminent domain, and civil litigation matters. He has a significant professional liability practice, defending architects and engineers and advising lawyers on ethics matters. Lederman also represents government agencies and advises the agencies in day-to-day operations.
Regal Bank Announces Branch Manager Changes
Regal Bank is making some changes to branch manager locations due to a recent opening at the Springfield branch. Anna Pedreiras, assistant vice president and branch manager, will be moving from the Millburn branch to the Springfield branch. Ronald F. Field, assistant vice president and branch manager, will be moving from the Somerset branch to the Millburn branch.
Both Pedreiras and Field reside near the local communities in which they work. Prior to Pedreiras's six years at Regal Bank, she spent three years as assistant vice president and branch manager of Provident Bank. Field served as vice president/branch manager of Peapack-Gladstone Bank for 12 years before joining Regal Bank.
Riker Danzig White Collar Criminal Defense Attorney Ryan O’Neill Selected for NJSBA Leadership Academy
Riker Danzig Scherer Hyland & Perretti LLP announced that attorney Ryan O’Neill has been selected by the New Jersey State Bar Association as a Fellow of the Leadership Academy Class for 2017. Inclusion in the NJSBA’s Leadership Academy is a great honor, evidencing the Bar’s identification of leadership qualities in its Fellows. The Academy will provide training and opportunities throughout the year to build leadership skills and raise awareness in concerns facing the legal profession, as well as promote the building of relationships as future leaders of the bar of New Jersey.
O’Neill practices in the Firm’s White Collar Criminal Defense Group and has experience handling a broad range of civil and criminal matters on behalf of both individuals and corporations, including fraud, civil rights, grand jury investigations, forfeiture, computer crimes, and white collar defense.
Liberty Bell Bank Announces Promotions
Kimberly Sank has been promoted to Vice-President serving as the company’s Operations Administrator. Jill Spangler to Assistant Vice President/ Moorestown Office Manager, Joyce Stewart to Assistant Vice President/ Marlton Office Manager, and Kristy Barcia to Assistant Cashier/ Operations Specialist.
Oritani Bank Announces New Business Development Officer
Oritani Bank, headquartered in the Township of Washington announced that it has promoted Aiman El-Kordy to a Business Development Officer. Aiman has held multiple retail branch positions at the Bank since 2002, including Manager of the Emerson branch and later the Cliffside Park branch where he excelled in providing exceptional service and business development. In his new position, Aiman will continue to work closely with his colleagues to help develop new relationships and deepen existing ones. He will be responsible for serving the banking needs and expanding Oritani’s market share of small business owners, consumers and municipalities in its footprint. Aiman holds his Associates degree in International Business and Trade from Bergen Community College.
Lakeland Bank Announces Appointments to Operations Teams
Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following appointments to the Bank’s operations teams.
Paul Ho-Sing-Loy has been hired as Executive Vice President, Chief Information Officer based in Oak Ridge and will be responsible for further developing and leading the information technology strategy for the Bank. Joining Lakeland with more than 30 years of industry experience, Ho-Sing-Loy was most recently Senior Vice President, Business Solutions at Associated Bank, a regional bank with $29 billion in assets headquartered in Wisconsin. Prior to that, he served as divisional Chief Technology Officer for Bank of America in San Francisco and Wells Fargo Bank in San Francisco. He earned a bachelor’s degree in computer science from Cornell University.
Mary Kaye Nardone has been promoted to Chief Information Security Officer. She has over 35 years of banking industry experience managing technology, infrastructure and IT operations, information security and cybersecurity governance. Nardone joined Lakeland in 1999 as a result of the National Bank of Sussex County merger and was promoted in 2001 to Vice President, Director Network Services and to Senior Vice President in 2008. In May 2011, she was promoted to Senior Vice President, Chief Technology Officer/ISO and in 2014 was promoted to First Senior Vice President, Chief Technology Officer/ISO. Nardone has attained the Executive Leadership Certificate from The Wharton School at University of Pennsylvania and graduated from ABA Stonier Graduate School of Banking. She has a Bachelor of Science degree in psychology and a minor in business from Seton Hall University.
Elaine Petit has been promoted to Director of Enterprise Solutions. Petit joined Lakeland Bank as Vice President, Computer Services in 1999 as a result of the National Bank of Sussex County merger. She advanced her career in the operations department and was promoted to Senior Vice President, Computer Services in 2007. In 2012, Petit advanced to Senior Vice President, Business Application Support and was promoted in 2014 to First Senior Vice President, Business Application Support. Petit is a recent graduate of the Graduate School of Banking at the University of Wisconsin-Madison. She is a member of several industry Client Advisory Boards and has provided volunteer services to several nonprofit organizations in the community.
Brendan Eccleston has been hired as Senior Vice President, Assistant General Counsel. Eccleston joins Lakeland with 29 years of industry experience, and was most recently General Counsel at ReadyCap Commercial in New Providence, N.J. Prior to that he was Chief Counsel at CIT Group in Livingston, N.J. Eccleston earned a bachelor’s degree from City University of New York and has a Juris Doctor from New York Law School. He is an active participant with Pro Bono Partnership, a pro bono placement group for N.J. attorneys and is a volunteer with numerous Monmouth County charitable organizations.
David Ver Hage has been hired as Senior Vice President, Loan Operations Manager based in Milton. Joining Lakeland with more than 30 years of residential and commercial lending and servicing experience, he was most recently Vice President, Loan Servicing Manager at Investor’s Bank in Iselin, N.J. Prior to that, he was First Vice President, Acquisitions and Metrics Analyst at Valley National Bank in Wayne, N.J. Ver Hage is a graduate of the Electronic Computer Programming Institute and attended William Paterson University. He has provided volunteer services to the Morristown Food Pantry and Habitat for Humanity.
Lakeland Bank Announces new hires
Thomas J. Shara, President and CEO of Lakeland Bank, announced the following appointments.
Michelle Jones has been hired as Vice President, SBA Portfolio Manager for the Ocean County Commercial Lending Team based in Jackson, N.J. Joining Lakeland with more than 15 years of industry experience, she was most recently an Executive Vice President, Chief Operating Officer for First Commerce Bank in Lakewood and prior to that was a Vice President, Community Bank Executive with The Bank of Princeton. Jones earned a bachelor’s degree in finance from Rider University. She has been a member of the Lakewood UEZ Finance Committee since 2013 and is a former member of the Mercer County Regional Chamber of Commerce serving on the Young Business Leaders Council, Project Committee and Communications Committee.
John Sherow has been hired as a Mortgage Loan Originator based in Lafayette, N.J. Joining Lakeland with 10 years of industry experience, he was most recently a Loan Officer for Union Center Bank (now ConnectOne) in Union, N.J. Sherow earned a bachelor’s degree from Dominican College in Blauevelt, N.Y. He is a member of St. Stephen’s Home Ministry and a member of the Harley Owners Group.
Fulton Bank of New Jersey names VP and commercial relationship manager
Dean R. Hedelt was named vice president and commercial relationship manager in Fulton Bank of New Jersey’s Commercial Banking Group. In this position, he will be responsible for developing and managing commercial relationships. Hedelt comes to Fulton Bank of New Jersey from TD Bank where he held the position of vice president and commercial relationship manager. Hedelt holds a Bachelor of Science degree in Economics from The University of Delaware.
Valley National Bank Appoints Nancy Fox to First Senior Vice President, E-Commerce Director, Digital Partnerships and Strategy
Valley National Bank announced the appointment of Nancy Fox to First Senior Vice President, E-Commerce Director, Digital Partnerships and Strategy. Fox brings more than 20 years of global, digital and strategic marketing experience to her new role at Valley. As E-Commerce Director, Digital Partnerships and Strategy, she is responsible for collaborating with cross-functional partners to manage all aspects of the marketing strategy including, business planning, content strategy and development, promotional campaigns and other online marketing, website design, customer service, web analytics and web technologies. She will develop and execute strategic and tactical marketing business plans to support the core E-Commerce strategy which will focus on developing an innovative, customer-centric experience across all touchpoints. Fox holds a Bachelor’s Degree from the Rhode Island School of Design. She is a member of the CMO Council and the Advertising Age Advisory Board.
First Bank Adds Commercial Deposit Division
First Bank announced today that it has added a new commercial deposit division that will focus on deposits and cash management for commercial clients. Darren Kay, director of commercial deposits, will lead the new division of the 10-branch community bank, which was recently named Distinguished Corporation of the Year by the MIDJersey Chamber of Commerce, targeting mid- to large-size companies with more sophisticated deposit and cash management needs. In addition to being a true community bank, First Bank’s leadership team wants to build its reputation as a full-service commercial bank that can partner with businesses to help them grow and improve the surrounding communities.
Kay is looking forward to helping First Bank with its continued growth. He works out of the company’s Hamilton location and can be reached at 609-643-0797 or via email at Darren.email@example.com.
Magyar Bank Announces New Hires
Pamela Jordan recently joined Magyar Bank as Vice President, Branch Manager. Ms. Jordan will be based in the Bank’s North Brunswick office, and has over 39 years of banking experience. Most recently, Ms. Jordan was Vice President, Branch Manager with New Millennium Bank.
Jocelyn Valenauela recently joined the Bank as Branch Manager of the Bank’s new Edison office located in the Tano Mall at 1199 Amboy Avenue. Valenauela was previously Assistant Vice President, Branch Manager at Hammi Bank. She has over 25 years experience in the banking industry, and is a graduate of NYU.
Lakeland Bank Hires Mortgage Loan Originators
Thomas J. Shara, President and CEO of Lakeland Bank, announced the following appointments.
Peter Byrne has been hired as a Mortgage Loan Originator based in Montville and Summit, N.J. Joining Lakeland with more than 30 years of industry experience, he was most recently an Assistant Vice President for the Private Client Group with PNC Bank in Madison, N.J. Byrne earned a bachelor’s degree from Saint Bonaventure University, performed graduate work at Seton Hall University and holds Series 7, 63, Life and Health licenses.
Steve Kotarsky has been hired as a Mortgage Loan Originator based in Hackensack, N.J. Joining Lakeland with more than 28 years of mortgage industry experience, Kotarsky was most recently a Mortgage Loan Originator with Community Federal Savings Bank in Morristown, N.J. Prior to that, he was a Senior Loan Officer at Emery Federal Credit Union in Cincinnati, Ohio.
Elaine Madsen has been hired as a Mortgage Loan Originator based in Sparta, N.J. Madsen joins Lakeland with more than 18 years of real estate and mortgage industry experience. Since 1999, she has been a Loan Officer with several organizations including Weichert Financial Services, Washington Mutual Home Loans and GMAC. She earned a Bachelor of Science degree in business at Caldwell University and is an active volunteer with Pass It Along and Equine Tranquility Wellness Center.
NVE Bank Appoints Jeffrey M. Dulle to Vice President, Retail Sales and Service Manager
Robert Rey, President and Chief Executive Officer of NVE Bank announced the appointment of Jeffrey M. Dulle to Vice President, Retail Sales and Service Manager.
Dulle has 14 years of experience in the banking industry, with an extensive background in sales, management, and consumer and business financial services. He most recently served as Assistant Vice President/Alternative Delivery Relationship Manager at Carver Federal Savings Bank in New York City where he was in responsible for managing a portfolio of top business banking customers as well as branch management training, and directing the analysis and execution of cash management products and services to key customers and prospects.
Dulle received his Bachelors degree in Organizational Communications from McKendree University in Lebanon, Illinois and began his career at Wells Fargo Financial in St. Louis, MO where he served as Branch Sales Manager.
CSBK Promotes Jason Pavon to Vice President, Commercial Real Estate Loan Officer
Paul M. Aguggia, Chairman, President and Chief Executive Officer of CSBK, announced the promotion of Jason Pavon
from Commercial Real Estate Lender to Vice President, Commercial Real Estate Loan Officer in the Commercial Lending Department.
Pavon has more than 10 years of commercial lending experience with institutions in New Jersey and New York. Early on in his career, he served as a Senior Credit Analyst, and from there moved on to hold such positions as Credit Risk Analyst, CRE Loan Underwriter and, most recently, Commercial Real Estate Lender.
Pavon received his Bachelor of Science in Business Administration, with a concentration in finance, from Ramapo College of New Jersey, and is a graduate of the ABA Stonier Graduate School of Banking.
Riker Danzig Welcomes Associate Megan Treseder
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP welcomed Megan B. Treseder
, who has joined the Firm’s Insurance Litigation Group. Her practice focuses on insurance coverage disputes in the areas of products liability, employment, construction defect and environmental law.
Treseder received a J.D. degree from Duke University School of Law, where she was the Managing Editor of the Duke Environmental Law and Policy Forum and Executive Editor of the Duke Forum for Law and Social Change. She received B.A. degrees, magna cum laude, in History and English, from the University of Utah. Treseder is admitted to practice in New Jersey and New York.
Prior to joining Riker Danzig, Ms. Treseder was an associate at Lowenstein Sandler, LLP in Roseland.
Riker Danzig Welcomes Associate Shaun Tooker
Riker Danzig Scherer Hyland & Perretti LLP is pleased to welcome Shaun P. Tooker, who has joined the Firm’s Products Liability and Mass Torts Group. His practice focuses on pharmaceutical products liability and mass torts, and complex commercial litigation. He also has experience in privacy protection matters and has successfully defended corporate clients against allegations of violations of the Telephone Consumer Protection Act.
Tooker received his law degree, cum laude, from Fordham University School of Law in 2014, where he was a member of the Fordham Urban Law Journal. He received his undergraduate degree, magna cum laude, in 2011 from State University of New York College at Geneseo. Prior to joining Riker Danzig, Tooker was an associate at Coughlin Duffy LLP.
Riker Danzig Partner Elected to 1st Vice Chair of the Taxation Section of the New Jersey State Bar Association
Riker Danzig Scherer Hyland & Perretti LLP announced that Jason Navarino
, a partner in Riker Danzig's Corporate and Tax Groups, has been elected 1st Vice Chair of the Taxation Section of the New Jersey State Bar Association. The announcement was made at the Annual NJSBA Convention in Atlantic City. Navarino previously served as 2nd Vice Chair and Secretary of the Taxation Section, and is the current Chair of the Section’s International Tax Committee. In addition to his involvement in the NJSBA, he is also a member of the New York State Bar Association and its Tax Section, and he serves on several nonprofit boards.
Navarino has considerable experience advising both large and small business clients with respect to structuring and documenting domestic and cross-border mergers and acquisitions and joint ventures in a tax-efficient and tax-compliant manner, forming operating and investment partnerships and limited liability companies, and managing other related tax and corporate matters. Navarino also counsels nonprofit and tax-exempt organizations with respect to tax, corporate, employment and intellectual property matters.
Peapack-Gladstone Bank Hires Team for Newest Subsidiary Peapack Capital Corporation
Peapack Capital Team – (seated left) Robert Cobleigh, Denny Smith (not pictured), (standing left to right) Frank Striplin, Christopher McManus, Mark Robinson and (seated right) Dennis Magarro
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to introduce a new team of private bankers and the opening of Peapack Capital Corporation, the newest subsidiary of the Bank, which will focus on equipment finance and leasing.
Robert R. Cobleigh leads the team as an executive vice president of the Bank, and as the President of Peapack Capital. Cobleigh is responsible for launching the equipment leasing program and introducing the Bank’s brand to this vertical. Robert has over 30 years of leasing and structured finance expertise in a broad range of industries and assets including manufacturing, trucking, business aviation, rail, marine and energy. A founding member, he most recently served as Regional Vice President and Credit Officer for Santander Corporate Equipment Finance, Inc. where he was instrumental in supporting the growth of a $1 billion portfolio for the Santander Bank, N.A. subsidiary. Prior to this, Robert was the Vice President of Credit for structured and specialty finance (leasing, mutual fund and trade finance) for MUFG-Union Bank/The Bank of Tokyo-Mitsubishi in New York. He has also held senior positions at RBS/Citizens Asset Finance, Inc., Chicago, Illinois, where he served as Vice President of Credit – Business Aviation, Buy Desk and Structured Finance; Siemens Financial Services, Inc., Iselin, NJ, where he was the Director of Credit of Capital Markets; Volvo Finance North America, Inc., Montvale, NJ, where he was the Senior Financial Analyst – Pricing; and International Proteins Corporation, West Caldwell, NJ, where he served as the Director of Treasury and Finance. Robert earned his Bachelor of Business Administration degree – Finance and MBA – Investment Management from Pace University, New York.
Joining Robert is Denny Smith who will serve as Senior Vice President and Chief Operating Officer of Peapack Capital. With 25 years of bank leasing experience, Denny most recently managed front and mid-office operational functions including pricing, structuring, buy/sell syndication, proposal creation, profitability analysis, incentive compensation, closing functions, change management, and Infolease system upgrade projects for Sovereign Bank/Santander Bank, N.A., as Senior Vice President and Managing Director. Previously, he served as Director of the group during in-footprint product launch in 2012 managing the B/S and l/S. He originally joined Sovereign Bank in August 2004 to launch tax and non-tax equipment lease products for all asset classes. He spent 15 years at Fleet Capital Corporation where he was Vice President, National Finance Manager, responsible for developing and communicating pricing philosophy and methodology to the Bank relationship managers, the leasing sales force and senior management, and for providing pricing and structuring support for all leasing products. He was also very involved in providing lease product education to relationship managers and their clients. Prior to Fleet, Denny was at a non-bank equipment lessor, Signal Capital Corporation. A graduate of the University of New Hampshire with a Bachelor of Science in Business Administration, Denny will help introduce Peapack Capital to the equipment finance market, responsible for operations, procedures and the efficiency of the division.
Frank Striplin and Christopher McManus also join Peapack Capital as Senior Vice Presidents and Sales Directors. Striplin and McManus will partner with Smith and Cobleigh to initiate and develop the Bank’s equipment leasing program and deliver the Peapack-Gladstone Bank brand of client service.
Striplin joins Peapack Capital from the Corporate Equipment Finance group of Santander Bank, N.A. where he booked more than $190 million in new business in less than two years and consistently maintained a backlog greater than $75 million. Consistently a top performer in sales volume and profit, Striplin was the six-time winner of the Chrysler Capital President’s Award for Excellence. During six years at Citicorp, he was the leading producer in the southeast for five years and the leading profit and volume producer for the entire company one year. His performance earned him the Citicorp Chairman’s Award five times and the Teamwork Award four times. While at Credit Lyonnais he built a team that produced a portfolio of approximately $900 million, generating a return on equity of more than 20%. He has held various sales positions as well as senior business development and leadership roles with several major banks and commercial finance companies, and has built and led several high-performance sales teams. During his career, he has produced or assisted in generating over $1.9 billion in new business.
Christopher McManus, a graduate of Temple University with a Bachelor of Business Administration degree is a highly accomplished equipment leasing and finance professional with over 25 years of direct lending experience. Chris has been a top performer at all levels of his career in equipment finance. He began his banking career at First Fidelity Bancorporation in 1991 in their equipment leasing group. In 1993 he was selected for the First Fidelity Professional Banker Program, a credit training program, where he spent one year developing his skills. After moving on to GE Capital as an underwriter, in 1995 Chris accepted a position on the direct equipment lending team. He spent much of his career as a top performer and a highly successful direct equipment lender at institutions like Mellon Bank US Leasing, US Bancorp, RBS/Citizens Asset Finance, Inc. and Santander Bank, N.A. He was a three-time recipient of the RBS/Citizens World Class Performers Award. He has proven successful at all levels of the marketplace, working with middle market size companies up to large corporate entities. His knowledge of the marketplace and asset classes gives Peapack Capital a tremendous advantage.
Rounding out the division, Mark L. Robinson and Dennis R. Magarro, join the Peapack Capital team as Senior Vice President, Senior Underwriter and Vice President and Senior Underwriter, respectively.
Robinson a graduate of Lehigh University with an MBA and BA in Finance, has over 30 years of proficiency in financial services with extensive and diverse experience in underwriting, relationship and portfolio management, originations, credit analysis, leveraged loan structuring, risk rating systems, document negotiation and compliance. Throughout his career he has held positions at Santander Bank, N.A., JA Mitsui Leasing Capital Corporation, CIT Group, Merrill Lynch Business Financial Services and Wells Fargo.
Dennis Magarro is a results driven credit professional with 17 years of finance experience with diverse commercial lending organizations in credit analysis, underwriting, risk and portfolio management, finance and accounting. Educated at Sacred Heart University, graduating with a MBA in Finance, and Quinnipiac University, with a BS in Accounting, Magarro has held positions at Arthur Andersen LLP, General Electric Company – GE Capital, RBS/Citizens Asset Finance, Inc., MUFG – BTMU Capital Leasing and Finance and Santander Bank, N.A.
Riker Danzig Welcomes Of Counsel Maria Dantas
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP was pleased to welcome Maria A. Dantas
, who has joined the Firm’s Corporate Group as Of Counsel.
Dantas concentrates her practice on the representation of corporate trust institutions in capital market transactions. Her extensive experience allows her to work closely with note holders, trustees and collateral agents in all aspects of corporate high-yield and investment grade debt issues, as well as secured, unsecured and convertible debt securities issued under indentures or note purchase agreements. Her experience includes the representation of several corporate trustees in major defaults resulting from the bankruptcy of issuers.
Both lenders and borrowers rely on Dantas in secured and unsecured commercial finance transactions, with a particular focus on lenders prior to and during defaults.
Prior to joining Riker Danzig, Dantas was Of Counsel at Drinker Biddle & Reath LLP and Partner at Dewey & LeBoeuf LLP.
Amboy Bank names Sylvia Rapoport Vice President
was named Vice President, Marketing Manager for Amboy Bank, according to an announcement by George E. Scharpf, Bank President and CEO.
Rapoport who joined Amboy Bank in 2007 has over 15 years of business marketing experience. In her role as Vice President, Marketing Manager, she manages the banks in-house agency and is responsible for advertising, public relations, communications and the bank’s marketing research programs.
Justin Herman Promoted to Vice President/Commercial Lending Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank announced the promotion of Justin Herman
from Assistant Vice President/Commercial Lending Officer to Vice President/Commercial Lending Officer.
Herman, a graduate of East Stroudsburg University with a Bachelor of Science degree in Finance and Bachelor of Arts in Economics, was an Assistant Vice President/Business Relationship Manager with JPMorgan Chase before joining ASB. He has over 10 years of commercial lending experience with extensive knowledge in financing commercial real estate of all asset classes, specifically, industrial, retail, office, multifamily and mixed-use. Additionally, Herman is the dedicated representative for ASB’s Express Loan Service for businesses with short-term credit needs for lines of credit or term loans with balances of $250,000 or less, with competitive pricing.
Lakeland Bank Announces Promotions
to SVP – Assistant General Counsel. Avelenda joined Lakeland in December 2010 as vice president, associate counsel and was promoted to senior vice president, associate counsel in 2015. Prior to joining the Bank, Avelenda was vice president and bank counsel for Hudson United Bank in Mahwah, and general counsel and compliance officer for Hann Financial Service Corporation in Jamesburg. Avelenda holds a BA from New York University and JD from the University of Pennsylvania Law School.
to SVP – Compliance Officer. Mills joined Lakeland in May 2012 as vice president, compliance officer. Previously, she was vice president and compliance officer with Sussex Bank in Franklin. Prior to that, she was compliance officer with First Morris Bank & Trust (now Provident Bank) in Morristown. Mills is a graduate of the American Bankers Association Compliance Risk Management School and has earned a Certificate of Regulatory Compliance Manager accreditation.
to VP Commercial Loan Officer. Fischer joined Lakeland in October 2015 as an assistant vice president, commercial loan officer based in Montville. Prior to joining the Bank, Fischer worked for Valley National Bank in Totowa as a commercial loan officer and for Affinity Federal Credit Union in Basking Ridge as a business lending relationship officer in 2013. Fischer holds a BA and MBA from Rutgers University.
to AVP – Online Banking Sales and Support. Alliu joined Lakeland in December 2001 as a teller in Branchville and was promoted to teller manager in Augusta. She transferred to online banking support in the computer services department in 2008, and was promoted to assistant treasurer– online banking sales and support in 2014. Alliu holds an associate degree in business management, and is working toward a BS in operations and project management. She has a professional certification for Electronic Banking Officer.
to AVP – ACH Debit Card Coordinator. Blake joined National Bank of Sussex County (NBSC) as an accounting clerk in July 1987. Lakeland acquired NBSC in 1999 and Blake remained with the Lakeland Bank Team. In 2014, she was promoted to assistant treasurer, ACH debit card coordinator and has earned a professional certification for Accredited ACH Professional and a CFT Accounting certificate.
to AT – Network Engineer I. Davis joined Lakeland in August 2006 as an information systems network administrator analyst. He quickly moved onto SharePoint Administrator, and in 2011 was promoted to Network Administrator I. Prior to the Bank, Davis worked at Novartis Consumer Health in Parsippany. He holds a BA in computer information science from Mansfield University of Pennsylvania.
Kaestner joins Berkshire Bank Commercial Lending Team in Mid-Atlantic Region
Berkshire Bank announced a new addition to its Commercial Banking team. Kenneth Kaestner will serve as Senior Vice President, Asset Based Lending (ABL) Regional Leader of the mid-Atlantic.
Kaestner brings over 20 years of ABL experience to the Bank. Prior to Berkshire Bank, Kaestner held the title of SVP, Team Leader and Relationship Manager at PNC Business Credit, a division of PNC bank. In this role, he was responsible for managing a team, enhancing business development and contributing to overall growth for the company.
As SVP, ABL Regional Leader for Berkshire Bank, Kaestner will supervise a team of ABL relationship managers, portfolio managers and administrative support personnel to develop new ABL business relationships in the mid-Atlantic region. He will also utilize his regional and community knowledge to maintain and grow an existing customer base.
Kaestner holds a BS in Finance from the College of New Jersey and is a current board member of the Commercial Finance Association, Philadelphia Chapter.
Lewis Joins Berkshire Bank Commercial Lending Team in Mid-Atlantic Region
Berkshire Bank announced a new addition to its Commercial Leadership Team. Maryann Lewis will serve as Senior Vice President, Commercial Regional Leader for the mid-Atlantic Region covering both New Jersey and Pennsylvania.
Lewis brings nearly 20 years of industry experience. Her business focus has been in leading and developing commercial and industrial loan teams as well as executing strategic initiatives designed to drive continued revenue growth.
As SVP, Commercial Regional Leader, Lewis will supervise team leaders, relationship managers, portfolio managers and administrative support personnel in the mid-Atlantic region to achieve desired sales and profitability goals through the generation of new business, in addition to the retention and growth of an existing portfolio. This will extend to the development of a strong regional sales process, including calling programs focused on existing and prospective customers as well as well-established centers of influence.
Lewis holds a BBA in International Trade from Hofstra University and an MBA from St. Mary’s College.
Nicole Linardos is Promoted to Assistant Vice President
Boiling Springs Savings Bank announced the promotion of Nicole Linardos to Assistant Vice President. Linardos joined Boiling Springs in 2006 as a Teller and shortly thereafter became an Assistant Branch Manager in the Florham Park office. She joined the Bank’s Marketing Department in 2009 as a Marketing Coordinator and currently holds the position of Marketing Supervisor. She is responsible for coordinating all marketing, advertising, website and social media initiatives to ensure a consistent brand message.
Linardos graduated from Seton Hall University’s Stillman School of Business and holds a Bachelor of Science in Business Administration, with a concentration in Marketing and a minor in Psychology. She was inducted into Seton Hall University’s Marketing Honor Society. Linardos is a committee member of the NJBankers Public Relations and Marketing Committee and the New Jersey Bank Marketing Association. Linardos was named a 2016 Jersey’s Best Marketing and Communications Professional Under 40, an award that shines a spotlight on individuals who represent the “Best-of-the-Best” in the marketing and communications fields through their outstanding work, Member FDIC creativity, leadership, and giving back to their industry as well as their communities. She is also a member of the prestigious Bergen LEADS program, a forum that affords aspiring leaders an opportunity to engage in local government and public policy. Linardos is an avid volunteer in her community and in Bergen County.
Magyar Bank Announces Promotions
Magyar Bank has announced the following personnel changes:
Donna L. Fleming, Colonia, New Jersey, was named vice president, accounting manager. Fleming has been with Magyar Bank for 13 years, and was most recently the Bank’s assistant vice president, accounting manager. She is a graduate of Middlesex County College and has over 20 years’ experience in the banking industry.
Emilia Frontirre, Manalapan, New Jersey, was named vice president, branch manager. Frontirre has been with Magyar Bank for 6 years, and has worked in the banking industry for over 40 years. Most recently, she was assistant vice president, branch manager.
Rachel S. Lima, Piscataway, New Jersey, has been promoted to vice president, deposit operations. A graduate of Rutgers University, Lima has been with Magyar Bank for 18 years and was most recently assistant vice president, deposit operations manager.
Peapack-Gladstone Bank Announces New Hires and Promotions
Steven W. Andersen
joins Peapack-Gladstone Bank as Vice President, Private Mortgage Banker. Headquartered in both the Bank’s Bedminster and Teaneck locations, Steven is responsible for originating residential mortgages for high-net-worth clients and prospects while striving to further develop and maintain private wealth relationships. Mr. Andersen brings to the Bank 28 years’ of experience in the financial services industry with 22 years in mortgage lending. Previously, he held positions as Mortgage Consultant at PNC Mortgage, Hudson City Savings Bank, Citibank and Wells Fargo Home Mortgage. Mr. Andersen holds a Bachelor of Science Degree in Psychology from Ramapo College and is active within his community as a baseball and softball coach for Ramsey Recreation.
has been promoted to Assistant Vice President, Senior Accountant at Peapack-Gladstone Bank. Joining the Bank in 2010, Eric is responsible for financial reporting, budgeting and incentive plan analysis. A resident of Hillsborough, New Jersey, Mr. Brommer holds a Bachelor’s Degree with a double major in Accounting and Finance from Rider University.
Cheryl D. Gaskins
joins Peapack-Gladstone Bank as Vice President, Commercial Closing Officer. Ms. Gaskins has 25 years of financial services experience and is part of an experienced team responsible for closing and funding commercial loans in accordance with approvals, regulatory requirements and company policies and procedures. A resident of Jersey City, Cheryl holds a Bachelor of Arts Degree in History from Florida A&M University and Masters of Arts in History from Ohio State University.
has been promoted to Assistant Cashier, Senior Loan Specialist at Peapack-Gladstone Bank. She has 17 years of financial services experience previously serving at Unity Bank. Ms. Goczalk is responsible for the automation of existing loans and servicing of Small Business Administration and Syndicated Loan portfolios. A resident of Annandale, New Jersey, Arlene holds a Bachelor’s Degree in Psychology from Kean College.
Lindsey Ann Groves
has been promoted to Assistant Cashier, Portfolio Manager at Peapack-Gladstone Bank. A resident of Ringoes, New Jersey, she is responsible for the maintenance and management of the Community Banking loan portfolio. Previously, she was employed in the Small Business Administration Division of CIT’s Post-Closing group and as Loan Officer at Union Building Trades Federal Credit Union. Ms. Groves holds a degree in Business Administration from The College of New Jersey.
has been promoted to Assistant Cashier, Human Resources Specialist at Peapack-Gladstone Bank. Ms. Henning joined the Bank in 2012 and is a resident of Hillsborough, New Jersey.
Dory A. Housel
has been promoted to the position of Assistant Vice President, Senior Staff Auditor at Peapack-Gladstone Bank. Dory has 25 years’ experience in the financial services industry previously holding positions at Hunterdon County National/First Fidelity, Town & Country Bank, Somerset Trust/Summit Bank, and Liebenzell Mission, USA. Ms. Housel joined Peapack-Gladstone Bank in 2000 performing in various capacities throughout the branch and internal network. She is a resident of Mount Bethel, Pennsylvania and attended Raritan Valley Community College.
M. Deenah Lopinto
has been promoted to Vice President, Credit and Underwriting, Risk Management at Peapack-Gladstone Bank. She is responsible for credit underwriting and analysis of middle market and real estate transactions, loan review, and the training and supervision of junior credit analysts and summer interns. Deenah joined the Bank in 2013 previously serving as Credit Analyst at Commerce Bank/TD Bank, Vice President, Middle Market Banking at JPMorgan Chase, and Senior Audit Manager at Chemical Bank. She gained a solid foundation in commercial lending and credit through Chemical Bank’s formal Credit Training and Advanced Credit Skills programs. A resident of Morris Township, New Jersey, Ms. Lopinto holds a Bachelor of Science Degree in Finance and International Business from New York University.
, joins Peapack-Gladstone Bank as Managing Director, Trust Officer, Private Wealth Management. Headquartered in the Bank’s Morristown location, Jill provides the Bank’s white glove experience and is responsible for trust and estate management which encompasses the preservation and transference of wealth. Prior to joining Peapack-Gladstone Bank, Jill served as Executive Director at Family First HomeCare, LLC in Morris Plains, New Jersey; Trust Officer/Managing Director at Beacon Trust Company in Morristown, New Jersey; and Senior Associate at the former Pitney Hardin, LLP in Florham Park, New Jersey. Ms. Petroro holds a Bachelor of Arts Degree from Columbia University and Juris Doctor Degree from the Georgetown University Law Center. A resident of Randolph, New Jersey, she holds admissions to the State Bars of both New Jersey and New York.
has joined Peapack-Gladstone Bank as Assistant Vice President, Senior Personal Custody Officer, Private Wealth Management. Based at the Bank’s Headquarters, Amanda provides the Bank’s white glove experience in servicing Peapack-Gladstone Bank’s high net-worth Wealth Management clients and supporting the business. Mr. Pullizzi previously held a position at Bank of New York Mellon in New York, New York as a Private Wealth Management Administrator, specializing in personal custody for over 100 accounts while also providing direct support for client service. She holds an Associate of Science Degree in Finance from William Paterson University. Additionally, Amanda is pursuing an MBA in Business Finance from William Paterson University.
has joined Peapack-Gladstone Bank as Assistant Vice President, Assistant Brand and Marketing Director. She is responsible for providing support in the development and implementation of comprehensive marketing programs that focus on and are in alignment with the Peapack-Gladstone Bank’s missions, objectives and core principles. Caitlin brings to the Bank 10 years of advertising and branding experience. Previously, she held positions in New York, New York as Associate Director, Project Management at VSA Partners; Senior Program Manager at Interbrand; and Account Supervisor at mcgarrybowen. She holds a Bachelor of Science Degree in Business Administration with concentrations in Marketing and Economics from the University of Richmond. A resident of Jersey City, New Jersey, Ms. Smyth is a Certified Project Manager and Scrum Master.
Linda E. Taquinto
has been promoted to Assistant Cashier, Trust Operations Manager, Private Wealth Management. Linda oversees and assists with the daily management of trust operations tasks. She joined Peapack-Gladstone Bank in 2003 and previously held positions in Branch Administration and as Branch Manager and Tax Assistant.
Stephen Mattina is Promoted to Vice Persident at Boiling Springs Savings Bank
At a recent meeting of the Board of Directors of Boiling Springs Savings Bank, Stephen Mattina
was promoted to Vice President. Mattina joined the bank in May 2016 as the Internal Loan Review Manager. Prior to working at Boiling Springs Stephen was a Credit Risk Analyst-AVP at Investors Bank. Mr. Mattina graduated from Seton Hall with a degree in Economics and did his graduate studies at ABA Stonier School of Banking.
Matthew E. McGoey Promoted to Vice President at Boiling Springs Savings Bank
Boiling Springs Savings Bank announced the promotion of Matthew E McGoey
to Vice President.McGoey joined Boiling Springs in June 2015 as Staff Counsel. Prior to entering the banking industry he worked at the Law Offices of Charles A Gruen, and Durkin & Durkin, LLP. Matthew graduated from Lehigh University with a Bachelor of Arts in Political Science and went on to receive his Juris Doctor Degree from Brooklyn Law School. He is a member of the New Jersey Bar Association where he sits on the In-House Counsel Committee.
NVE Bank Appoints Frank Chadwick as Hillsdale Branch Manager
NVE Bank announced that Frank Chadwick
has been appointed as Assistant Secretary/Branch Manager for NVE’s Hillsdale location,located at 159 Broadway in Hillsdale, New Jersey. Chadwick has 16 years of experience as a Branch Manager, serving most recently as Assistant Vice President/Branch Manager for M&T Bank in Mahwah, New Jersey. Chadwick earned his Bachelor of Arts degree from the University of Scranton where he majored in English.
Michael Serao Appointed to Vice President/Business Development Manager at Sussex Bank
Sussex Bank announced the recent appointment of Michael Serao
to Vice President/Business Development Manager of their Astoria Banking Center. Mr. Serao has over 15 years of banking experience which includes positions at Quontic, Chase and TD Bank in Astoria. Serao has an extensive background in the banking industry including business development, sales, branch management and building community relationships. He severs on over ten different boards in the Astoria market and is a very active community member. Serao's philanthropy work includes working with children with autism, senior citizens with disabilities and has worked actively in the LGBT community. Some of his honors include HX Magazine Businessman of the Year, Business Leadership award from the Powhattan Democratic Club, Man of the Year from the Long Island City KOC, Business Leadership from the Borough President and numerous City Council, and state recognitions. He has a degree in Business Management and Marketing from Queensborough Community College and resides in Hewlett Harbor with his partner, Dr. Fidel Abreu of Fidel Abreu DDS, PLLC.
Robert Bishopp Appointed to Financial Advisor at Sussex Bank
Investment Professionals, Inc. (IPI) and Vito Giannola, Executive Vice President of Sussex Bank, announced the appointment of Robert Bishopp as a new Financial Advisor for Sussex Bank’s Sussex Investment Services. Bishopp comes to Sussex Investment Services with over 10 years of experience as a Financial Advisor. His practice focuses on long-term financial planning and education for investors. Bishopp holds a FINRA Series 7 (General Securities Representative), NY State Life, Accident & Health Insurance and New Jersey Insurance Producer Licenses. He graduated with a Bachelor of Business Administration and Masters of Business Administration from Iona College in New Rochelle, NY. Bishopp will be working out of Sussex Bank's Oradell Banking Center.
Oritani Bank Promotes Ivonne Reimundo to BSA Officer
Oritani Bank announced that it has promoted Bergen County resident Ivonne Reimundo to BSA Officer. In her new role as BSA Officer, Reimundo will be responsible for executing and enhancing BSA/AML/OFAC compliance policy, procedures and annual risk assessments. Additionally, Reimundo will review customer AML risk rating assessments, conduct AML and OFAC related transaction monitoring, offer account recommendations to business/internal units and assist the Chief Compliance Officer in updating and conducting BSA training for the Board of Directors, corporate and branch staff. Prior to joining Oritani Bank, Reimundo spent 11 years at Spencer Savings Bank. During her tenure, she held several supervisory and management positions before obtaining a position in the Compliance department as an AML Investigator. Reimundo attended Berkeley College and currently resides in Bergen County with her two daughters.
Highlands State Bank Announces Promotions
has been promoted to Senior Vice President of Loan Operations. Currently with over 30 years’ in banking and finance, Ms. DePue joined Highlands State Bank in May 2010 as the Assistant Vice President of Loan Operations and in 2012, was promoted to Vice President of Loan Operations. With expertise in consumer and commercial compliance regulations, DePue’s responsibilities include residential, consumer, and commercial loan servicing, consumer loan processing oversight, and management of a rapidly growing Loan Operations department.
has been promoted to Assistant Vice President. He is currently working as the Branch Manager of Vernon. Rivera has been in banking for the past 13 years. He began his career with Valley National Bank and moved over to Highlands State Bank in 2010 as an Assistant Manager. He currently resides in Wantage NJ with his wife Rimma and their 2 children.Rivera is also a soccer trainer in the local community and has trained children in all age groups for different schools and organizations/clubs.
has been promoted to Assistant Secretary. Having joined Highlands State Bank in October 2012 after 20+ years in the nonprofit sector, Walker’s background includes Human Resources, Payroll, Executive Support, and Program, Event, and Office Management. In addition to her role as Assistant Secretary, Walker also currently serves as Highlands State Bank’s Audit Liaison.
has been promoted to Assistant Treasurer. Lopez has eleven years of banking experience and joined Highlands State Bank in 2009 when the Totowa branch opened its doors to the community. He is the Assistant Branch Manager at this location for the past six years.
Haven Savings Bank Announces Employee Promotions
John Wessling, president & CEO, Haven Savings Bank announced the following employees have been promoted at the bank. Their new corporate titles will be:
– Senior Vice President/ Chief Financial Officer
– Vice President/ Human Resource Manager
– Vice President / Controller
– Assistant Vice President/BSA Officer
– Assistant Vice President/ Commercial Credit Analyst
Sun Yong Mellawa
– Assistant Vice President/ Assistant Controller
Congratulations to all!
John Raleigh Joins Peapack-Gladstone Bank
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announced the appointment of John Raleigh
, Senior Managing Director, Commercial Private Banking at Peapack-Gladstone Bank.
Located in Darien, Connecticut Mr. Raleigh is responsible for the market growth in the Connecticut, New York and New England markets providing exceptional client service through the Bank’s unique private banking approach.
Raleigh has over 30 years of financial services experience holding key positions in the middle market, corporate, leverage finance and asset-based banking segments. Prior to joining Peapack-Gladstone Bank, he worked at Citibank as the Region Manager of Upper Middle Market Banking for the Florida, New York and Connecticut markets. Raleigh also served as a Senior Credit Officer and instructor to the Bank’s Commercial Risk Management Program. Prior to that, he was Vice President, Northeast Region for HSBC in New York where he was named Officer of the Year multiple times for outstanding performance. Raleigh held equally impressive roles at Sanwa Business Credit, Fleet Capital Corporation and Coast Business Credit covering the Northeast markets. He started his career at JPMorgan Chase in New York where he completed formal credit training.
A resident of Darien, Connecticut, Raleigh holds an M.B.A. in finance from Iona College and B.B.A. in accounting, finance and mathematics from Pace University. He is a Board and Finance Committee member of the Laurel House, Stamford, Connecticut and is engaged in other charities including build-On, Habitat for Humanity and Malta House.
Roselle Savings Bank's JIll Schafhauser to Retire, Detlef Felschow to Assume Leadership Role
William E. Fredericks, Chairman of the Board of Roselle Savings Bank, announced that current Roselle Savings Bank President and CEO Jill G. Schafhauser
will be retiring, effective January 27, 2017. Current Executive Vice President and COO, Detlef (“D”) Felschow
will assume the position of President and CEO.
Jill Schafhauser spent her entire 46-year banking career with Roselle Savings Bank, including 16 years as CEO and bank president. She followed in the banking footsteps of her mother, Mrs. Frances Hunter, who preceded her as an officer of the bank. During her time at the helm, the bank has grown and evolved from an institution that offered traditional banking services to one that is now firmly entrenched in the world of high-tech banking products, while still remaining true to its community roots. Roselle Savings Bank today has locations in Roselle, Cranford, Bernardsville and High Bridge. Schafhauser will remain active with the bank as a member of its board of directors. She is currently a director on the NJBankers NJBA Service Corp. Board of Directors and formerly served on the NJBankers (NJ League of Community Bankers) Board of Governors, Executive Committee and Operations & Technology Committee. She also served as trustee of the New Jersey Community Bankers Education Foundation.
In addition to her dedication to New Jersey community banking organizations, Schafhauser is well known for her support of local communities, with involvement in such groups as Inroads to Opportunities (formerly known as the Occupational Center of Union County), HomeSharing (where she was honored in 2013 with the Shuey Horowitz Humanitarian Award), EverFi, Inc.’s Financial Literacy Program at Abraham Clark High School in Roselle, in addition to annual support of local chapters of The American Cancer Society and the United Way.
Felschow has been with Roselle Savings Bank for two years. Prior to that he served as Senior Vice President / Chief Operating Officer of Hilltop Community Bank, and had previously served as Senior Vice President, Retail Banking at The Ramapo Bank. He graduated from the University of Delaware Stonier Graduate School of Banking. In addition, he holds a Bachelor of Science degree in aeronautical science from Embry Riddle Aeronautical University.
Berkshire Bank Names Costello President of First Choice Loan Services, Inc.
Berkshire Bank announced the appointment of Allan Costello
as President of its wholly-owned subsidiary First Choice Loan Services, Inc., a best in class mortgage banking business originating loans across a national platform.
As President, Costello will work with the current leadership team of First Choice Loan Services including Senior Executive Vice President and Chief Operating Officer Norman T. Koenigsberg and Executive Vice President and Chief Financial Officer Ralph Picarillo in developing strategic initiatives. With this new position, he will be instrumental in setting corporate policies and procedures for this subsidiary consistent with the strong compliance culture at Berkshire Bank. In addition, he will continue to serve as Executive Vice President for the Bank’s Home Lending Division leading its sales and operations functions including loan origination, underwriting, compliance, processing and servicing.
Costello has been integral to developing the growth, improved operational efficiencies and strong mortgage oversight and governance of Berkshire Bank Home Lending. In his new role, he will execute on First Choice Loan Services’ strategic vision and cultural integration as part of Berkshire Bank, and support its current leadership in driving Berkshire to new heights in performance and regulatory compliance.
Costello brings a strong understanding of governance and compliance requirements with over 30 years of experience in auditing, risk management, compliance, accounting, operations and banking. He joined Berkshire Bank in 2011 and held the position of Senior Vice President, Audit before transitioning to the Home Lending Division. Prior to Berkshire Bank, Costello’s career was focused in the auditing and financial fields, including Director at Accume Partners, Divisional Vice President of Bank Protection at Charter One Bank and Chief Financial Officer at Rhinebeck Savings Bank.
Costello holds a Bachelors of Business Administration-Accounting from Siena College and graduated from the American Bankers Association- Graduate School of Banking. Costello is a Certified Internal Auditor and Certified Fraud Examiner.
Oritani Bank Promotes Jason E. Wallace to Chief Compliance Officer, Senior Vice President
Oritani Bank, headquartered in the Township of Washington, announced that it has promoted Saddle Brook resident Jason E. Wallace
to Chief Compliance Officer, Senior Vice President.
In his new role, Wallace will be responsible for identifying and addressing regulatory issues and changes impacting Oritani’s products, services and operations as it relates to BSA/AML, retail, CRA, fair lending, corporate security, deposit and lending compliance. He will also insure that the Bank’s policies and procedures comply with all applicable laws and regulations and oversee training of all bank directors, officers and employees. Wallace previously served as Oritani Bank’s BSA Compliance Officer for more than a year and supervised the Bank’s BSA Compliance. Wallace led a team of analysts responsible for safe guarding the financial institution from any suspicious activity. He also acted as the subject matter expert resource for the Bank, its Board of Directors and Executive Management on BSA/AML/OFAC and related regulatory compliance issues.
Prior to joining Oritani Bank, Wallace worked in a supervisory role at McGladrey LLP where he participated in the creation, tracking, and oversight of engagement work plans, timelines, budgets, project management, and resource allocations for global financial institution engagements. Additionally, Wallace worked for global financial institutions such as Bank of New York Mellon on Wall Street and Citi in NYC, where he worked as an analyst in various AML positions.
Wallace holds his Bachelor’s Degree in Economics from the University of Albany, SUNY and obtained his NJ Bankers Certification from the BSA Committee. He is also part of the Association of Certified Anti-Money Laundering Specialists. Wallace is on the Board of Directors as Saint Albans Montessori Academy of Learning (Queens, NY) as Treasurer.
Lincoln 1st Bank Welcomes Anthony Petrillo to Board of Directors
Lincoln 1st Bank, which has served the personal and commercial banking needs of customers throughout northern New Jersey for nearly a century, welcomed Anthony Petrillo
to its Board of Directors.
As Executive Vice President of Pearl Media, Petrillo works with brands and agencies nationwide to create unique experiential media activations. His team works with a Fortune 500 client base, helping them communicate brand benefits through award-winning consumer engagement campaigns.
Petrillo dedication to regional business development in his home area of Montville weighed heavily in Lincoln 1st’s decision to name him to its board. Despite its growth, Lincoln 1st Bank takes pride in retaining a hometown appeal, both in its personal approach to customer service and refusal to sell mortgage loans in the secondary market.
He began his career in theatrical film distribution, releasing films nationwide for movie studios. Working at IFC Films, Petrillo helped develop and implement a progressive national release of My Big Fat Greek Wedding, a film that grossed over $240M domestically – the largest independent release of all time. He later joined Lionsgate FIlms, where he developed, negotiated and implemented over 100 movie releases including the famed Saw horror movie franchise, the Tyler Perry franchise, Fahrenheit 911 and the 2005 Academy Award Best Picture, Crash.
In 2008, he joined Pearl Media and has since developed award winning experiential advertising campaigns for clients like Chevy, Merrill Lynch, JetBlue, AT&T, TNT and Lifetime.
Berkshire Bank Appoints Key Corporate Finance Officers
Nihill named SVP, Treasurer; O’Rourke assumes additional new role as EVP, Finance Expansion of Finance Team Supports Growth
Berkshire Bank announced the following key appointments within its Corporate Finance Department to accelerate the company's progress and to empower the next level of leadership.
Kevin Nihill - Senior Vice President, Treasurer. Nihill has been serving as the lead of Berkshire's Strategic Analytics group. He has nearly 20 years of experience in the financial services industry in a number of treasury, financial modeling and finance-related roles and joined the company in 2010. Nihill is a Chartered Financial Analyst® (CFA) charter holder, earned his bachelor's degree from Cornell University and received his M.B.A. from Rensselaer Polytechnic Institute.
Allison O'Rourke - Executive Vice President, Finance. O'Rourke will assume the role of Executive Vice President, Finance. With this new position, she will be responsible for leading Financial Planning and Analysis, including budgeting, planning and profitability, in addition to Investor Relations and Financial Institution Banking. O'Rourke joined the bank in 2013 from NYSE Euronext as Vice President, Investor Relations, and has nearly 20 years of experience in the financial services industry. She earned a bachelor's degree in Economics from Smith College.
Oritani Bank Promotes John S. Krantz to Vice President of Residential Lending
Oritani Bank, headquartered in the Township of Washington, announced the promotion of Glen Rock resident John S. Krantz
to Vice President of Residential Lending. Krantz will continue to oversee the Residential Mortgage Loan Portfolio, while ensuring the efficient and effective production of new loans. He will also make sure the department is compliant with operating policies, procedures and outside regulatory requirements. Prior to joining Oritani Bank, Krantz worked as Assistant Vice President and Mortgage Operations Administrator at Atlantic Stewardship Bank. He also was employed through various positions at Fleet Bank. Krantz holds his Bachelor of Business Administration Degree from Pace University. Additionally, Krantz is certified by the American Institute of Banking.
NJBankers Endorsed Service Provider Pentegra’s Colleen Zanicchi Promoted to Senior Vice President
Pentegra announced that Colleen Zanicchi
has been promoted to Senior Vice President, Human Resources. As Senior Vice President, Zanicchi will oversee the development and implementation of Pentegra’s human resources policies and programs including recruitment and retention, along with compensation and benefit programs. She will also oversee the management of all of Pentegra’s facilities at its locations nationwide. She joined Pentegra in January, 1995. Since that time the organization has tripled in size and scale with more than 260 employees and $11 billion in assets under management for clients nationwide. An accomplished human resources professional with more than twenty years of expertise, she is a graduate of the State University of New York, where she earned a Bachelor of Business Administration degree. She also holds a Professional in Human Resources (PHR)) designation from the Human Resources Certification Institute (HRIC) and the Society for Human Resources Management – Certified Professional (SHRM-CP) designation.
Berkshire Bank Appoints Cimino to SVP Regional Operations Leader
Berkshire Bank is excited to announce the appointment of Jeannine Cimino
to Senior Vice President, Regional Operations Leader for the Mid- Atlantic Region. Cimino brings over 20 years of industry experience, the last 6 of which have been dedicated to her role of Director of Marketing and Sales for First Choice Bank. Through the recent acquisition of First Choice Bank, Berkshire Bank appointed Cimino to her new position of SVP, Regional Operations Leader. As SVP, Regional Operations Leader, Cimino will be responsible for branch leadership and guiding a team of Private Bankers and My Banker, Relationship Managers in the Mid-Atlantic Region to assist in attaining desired profitability goals through the generation of new business in the new market. Berkshire Hills Bancorp, Inc. (NYSE: BHLB) completed the merger and acquisition of First Choice Bank effective December 2, 2016. With this acquisition, the Bank added eight bank branches in the areas of Princeton, New Jersey and Greater Philadelphia and First Choice Loan Services. Berkshire Bank will continue with the tradition of First Choice Bank to be a neighborhood bank and support its communities through nonprofit giving and volunteerism. The Bank is dedicated to maintaining local leadership and flexible decision-making while providing its customers the strength and resources of a big bank. Cimino will support the smooth transition of the newly acquired branches and will provide leadership to this new market. Cimino holds a B.S. in Business Management and Finance from Brooklyn College. Dedicated to her community, Cimino serves as Chair of the Hamilton Area YMCA's Marketing Committee, Vice Chair of the Mid Jersey Chamber of Commerce and Chairman of the Board for Ryan's Quest.
Somerset Savings Bank Announces Officer Appointment
Somerset Savings Bank is pleased to announce the appointment of Raymond Roche
to Vice President and Internal Auditor. Roche has over 30 years of experience in the financial services industry including internal auditing, financial control and SEC reporting. Most recently he served as First Vice President in the Internal Audit Department at Israel Discount Bank in New York City. Roche resides in Verona, NJ.
Valley National Bank Promotes Thomas Iadanza to Senior Executive Vice President and Chief Lending Officer
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp announced the promotion of Thomas Iadanza
to Senior Executive Vice President and Chief Lending Officer.
Iadanza joined Valley National Bank in 2012 through the acquisition of State Bank of Long Island. Iadanza had served as Executive Vice President and Chief Lending Officer of Valley’s Commercial and Consumer Lending Divisions. As Senior Executive Vice President and Chief Lending Officer, Mr. Iadanza will be responsible for Commercial Lending, Commercial Real Estate Lending, Consumer Lending, and Credit Underwriting encompassing all of Valley’s markets in New Jersey, New York and Florida. Iadanza received a Bachelor’s Degree in accounting from St. John’s University.
Regal Bank Announces New Branch and New Hires
A new branch of Regal Bank opened for business in Somerville, New Jersey on January 9, 2017. The new branch is located at 151 Adamsville Road, previously PNC Bank. Along with the new branch comes a new staff to serve area residents and businesses. Emilio Ramil
has been hired as the assistant vice president and branch manager, and Charles “Chip” Wirth
has been hired as the assistant branch manager.
Both Ramil and Wirth bring several years of experience to the new branch. Ramil worked as a territory manager with Valley National Bank for more than three years and as a branch manager with TD Bank for six years. Wirth spent 16 years as a financial sales and service representative for PNC Bank and was selected to the PNC Mentor Program to counsel new hires.
Regal Bank’s services include commercial mortgages, business loans and lines of credit, home equity lines of credit, residential mortgages, and traditional commercial banking products for small- to medium-size businesses. The Bank also offers Internet banking, bill pay, remote merchant capture, and other technology-based products.
Valley National Bank Appoints Kevin Chittenden to Executive Vice President – Chief Residential Lending Officer
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced the appointment of Kevin Chittenden
to Executive Vice President – Chief Residential Lending Officer.
Chittenden has over 25 years of extensive experience in the financial services industry, including retail banking management and consumer lending development. Most recently, he served as a Vice President, Region Manager for a prominent financial institution. As Valley’s new Chief Residential Lending Officer, he is responsible for shaping the strategic vision of the Bank’s residential lending business. This includes oversight of the Bank’s residential lending operations, sales, lending practices, policies, procedures and activities in the secondary market.
Chittenden holds a Bachelors Degree in Finance from Texas Tech University.
Rosa Fornino Appointed to Vice President/Business Development Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the appointment of Rosa Fornino
to Vice President/Business Development Officer of their Wayne Valley Office, located at 311 Valley Road, Wayne, New Jersey.
Fornino has an extensive background in the finance industry including customer service, sales, community outreach and management. She will be focused on business prospecting in her new role at ASB and strengthening relationships within the community.
Fornino, who resides in Wayne, New Jersey, is a member of the Wayne Chamber of Commerce and Rotary. Additionally, Ms. Fornino has a long-standing relationship with William Paterson University and has taught financial lessons to both students and faculty at the university.
Amy Duffau-Leonard Appointed to Vice President/BSA Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the appointment of Amy Duffau-Leonard
to Vice President/Bank Secrecy Act (BSA) Officer.
Leonard has over fifteen years of banking experience with a focus in BSA including; filing Suspicious Activity Reports (SARs), Currency Transaction Reports (CTRs) and Office of Foreign Asset Control (OFAC) Regulations. Ms. Leonard, who graduated Magna Cum Laude from Fairleigh Dickinson University with a BS in Accounting, is also CAMS certified (Certified Anti-Money Laundering Specialist).
Additionally, she is a member of the Association of Anti-Money Laundering Specialists as well as the NJBanker’s BSA Committee.
NVE Bank Appoints Michael C. Lee as Leonia Branch Manager
Robert Rey, President and Chief Executive Officer of NVE Bank, announced that Michael C. Lee
has been appointed as Branch Manager for NVE’s Leonia branch, located at 310 Broad Avenue in Leonia, New Jersey.
His previous banking experience includes serving as a Personal Banker at J.P. Morgan Chase & Company where he was instrumental in opening the Fort Greene, Brooklyn branch location. Most recently, Lee served as a Real Estate Associate at Ridgeco Properties, located in Englewood Cliffs, NJ.
Lee, who is fluent in Korean, earned his Bachelor of Arts degree from Rutgers University where he held a double major in Economics and Political Science. He also holds a Certificate in Business Administration from Georgetown University. Mr. Lee resides in Palisades Park, New Jersey.
Michael Milich Appointed to Vice President/Loan Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the appointment of Michael Milich
to Vice President/Loan Officer of their Mortgage Department. Milich will be responsible for the origination of mortgage loans based upon the established guidelines of the Bank; with the purpose of effectively increasing the Bank’s production of mortgage loans, promoting the Bank’s brand and extending their market share with quality service.
He brings over twenty nine years of residential, commercial lending sales and operations experience to his new position. Most recently Michael was a Mortgage Development Officer for Boiling Springs Bank and he holds a BA in Political Science from the University of Rhode Island.
Additionally, Milich is a 2015 New Jersey Monthly Magazine “Five Star Mortgage Professional” recipient.
Raciel V. Perez Joins Peapack-Gladstone Bank
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Raciel V. Perez
, Senior Vice President, Senior Underwriter, Credit Administration at Peapack-Gladstone Bank. Perez is responsible for structuring and underwriting loans in the wealth management and commercial and industrial (C&I) divisions of the Bank. He joins Peapack-Gladstone Bank with 30 years of financial services experience previously serving as Senior Credit Officer, Director, Credit Risk Management at Credit Suisse Securities (USA) LLC, New York, New York where he was primarily responsible for decisioning credit requests for the North American Private Bank division. Additionally, he was a key contributor to the risk system development, outlining system requirements for ongoing collateral monitoring, and credit exposure and portfolio measurement metrics. Prior to that he served as Senior Credit Transactor of the Global Private Banking Group at HSBC Bank USA and formerly held senior underwriting, credit, marketing and auditing roles at Royal Bank of Canada and Citigroup in New York City.
Jason Miller Joins Pentegra as Regional Director
Pentegra Retirement Services announced that Jason Miller
has joined the organization as Regional Director for qualified retirement plan sales. Reporting to Pete Swisher, Pentegra Senior Vice President of National Sales, Miller will lead the company’s business development efforts throughout Arizona, Hawaii, Kansas, Nevada, New Mexico and Utah. Miller has more than 10 years of experience in the financial services industry, with a strong concentration of expertise in retirement plans. An accomplished financial services professional, prior to joining Pentegra, he held similar roles at Mutual of Omaha, Great West (Empower) and Transamerica Capital, Inc.
Valley National Bank Appoints Kevin Chittenden to Executive Vice President – Chief Residential Lending Officer
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp announced the appointment of Kevin Chittenden
to Executive Vice President – Chief Residential Lending Officer.
Chittenden has over 25 years of extensive experience in the financial services industry, including retail banking management and consumer lending development. Most recently, he served as a Vice President, Region Manager for a prominent financial institution. As Valley’s new Chief Residential Lending Officer, he is responsible for shaping the strategic vision of the Bank’s residential lending business. This includes oversight of the Bank’s residential lending operations, sales, lending practices, policies, procedures and activities in the secondary market.
He holds a Bachelors Degree in Finance from Texas Tech University.
Lakeland Bank Appoints Financial Advisors
Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following appointments.
Geoffrey L. Franklin
has been hired as Vice President, Financial Advisor for the Investment Services Division based in Hackensack. Franklin will be serving the Englewood, Hackensack, Rochelle Park, and Teaneck Offices. He joins Lakeland Bank with more than 20 years of investment management experience at JPMorgan Securities where he was most recently the Senior Financial Advisor in JPMorgan’s Chase Wealth Management group serving the Montclair market. Franklin earned a bachelor’s degree in business administration and master’s degree in finance from the University of Delaware. He has Series 7, 63 and 65 licenses as well as NJ and NY Life and Health Insurance licenses. Franklin resides in Ridgewood.
has been hired as Vice President, Financial Advisor for the Investment Services Division based in Butler. Siegler will be serving the Bloomingdale, Butler, Pompton Plain, Ringwood, Wanaque, and Wayne Offices. He was most recently a Financial Advisor with JPMorgan Securities in Rockland County, N.Y. and prior to that, a Financial Advisor with Wells Fargo Advisors in New City, N.Y. Siegler earned a bachelor’s degree from Ramapo College and has earned the CRPC® from the College for Financial Planning. He has Series 7 and 66 licenses as well as NJ and NY Life and Health Insurance licenses. Siegler resides in Mahwah.
has been hired as Assistant Vice President, Financial Advisor for the Investment Services Division based in Bernardsville. He will be serving the Bernardsville, Madison, Mendham, Morristown and Summit Offices as well as the Middlesex and Monmouth County market. Stanek was most recently a Private Client Banker with JPMorgan Chase Bank’s Wealth Management group in Upper Montclair. He earned a bachelor’s degree from West Virginia University and has Series 6 and 63 licenses as well as a NJ Life and Health Insurance license. Stanek resides in Morris Plains.
Liberty Bell Bank Names Herring Executive Vice President
Liberty Bell Bank President and CEO, Benjamin Watts announced that John Herring
has been promoted to Executive Vice President and Chief Lending Officer of the Bank. Mr. Herring previously served as Senior Vice President and Chief Lending Officer.
John plays an active role in numerous community organizations and is currently the President of the Rotary Club of Moorestown and the President-Elect of the South Jersey Chapter of the Risk Management Association. He also serves on the Finance Committee of Samaritan Healthcare and Hospice, Mt. Laurel, NJ.
Herring joined the bank in 2004 as Vice President and Commercial Loan Officer and was promoted to Senior Vice President in 2005. He became the Chief Lending Officer in September of 2008. John graduated magna cum laude from Mount Saint Mary’s University with a Bachelor of Science in Accounting and has thirty-three years commercial banking experience in Southern New Jersey.
Richard Glicini Appointed to Senior Vice President & Chief Administrative Officer at Sussex Bank
Anthony Labozzetta, President & Chief Executive Officer of Sussex Bank, announced the recent appointment of Richard Glicini
to Senior Vice President & Chief Administrative Officer. In this newly-created role, Rich will be a key driver in transforming the Employee Experience as Sussex Bank continues on its journey of becoming the employer of choice in the industry. More specifically, Glicini will focus his efforts on embedding the Bank’s unique company culture in all employee programs and practices including recruiting and on-boarding, employee engagement, rewards and recognition, leadership development and talent management, employee health and wellness, employee communications and other strategic workforce initiatives. In addition, he will be responsible for managing several other corporate administration functions of the Bank.
Glicini comes to Sussex Bank with more than 25 years of professional experience as a strategic business partner with a proven track record of leading complex organizational change initiatives. Prior to joining Sussex Bank, he held a series of senior executive roles with Pearson plc, the world’s largest education and testing company. As SVP, Human Resources for Pearson Education, he was responsible for managing all HR functions for the company’s 20,000 education employees and most recently as SVP, Corporate Social Responsibility for Pearson, he developed and led the company’s global social responsibility agenda.
Lakeland Bank Announces Branch Manager Promotions, Transitions and New Hires
Thomas J. Shara, President and CEO of Lakeland Bank, announced the following appointments.
has been promoted to Vice President, Area Branch Manager, North Haledon and Wyckoff. Cascio joined Lakeland in May 2001 as a Teller and was promoted to Assistant Treasurer, Branch Manager in April 2007. He was promoted to Assistant Vice President, Branch Manager in March 2011 and to Vice President, Branch Manager in April 2014. He is a graduate of ITT Marco Polo in Italy and is a member of the Knights of Columbus.
transitioned to Vice President, Area Manager, Hackensack Main Street and Polify. Mohammed joined Lakeland in April 2011 as an Assistant Vice President, Branch Manager for the Morristown Office. In April 2014, she was promoted to Vice President, Area Manager of Butler and Carey Avenue. Prior to that, she worked for Santander Bank as a branch manager in West Orange. Mohammed earned a bachelor’s degree from University of West Indies. She is a member of the West Orange Chamber of Commerce and Rotary Club.
transitioned to Vice President, Area Manager, Waldwick, Westwood and Hillsdale. Slavik joined Lakeland in March 2015 as Vice President, Area Manager of the Wyckoff and Park Ridge offices. Prior to that, he was with TD Bank in Fair Lawn as Store Manager and was a Store Manager at Wachovia/Wells Fargo in Ridgewood. Slavik has a bachelor’s degree in communications from William Paterson University. He is a member of Rotary International and a former president of Fair Lawn Rotary Club.
James A. Konzel
has been hired as Vice President, Area Manager for the Hampton and Newton Park Place Offices. Konzel joins Lakeland with more than 26 years of banking experience most recently as Vice President at TD Bank in Park Ridge and Ridgewood. Prior to that, he was Vice President at Chase Bank in Ridgewood. He is a former member of the Ridgewood Rotary and the recipient of the TD Wow Star Award in 2011 and 2016. He was also a Chase Bank Leadership Winner in 2007 and 2009.
has been hired as Vice President, Area Manager for the Teaneck and Englewood Offices. Montgomery-Otis joins Lakeland with more than 20 years of industry experience most recently as Vice President, Senior Manager at TD Bank responsible for the Hackensack, Newark and Hawthorne locations. Prior to that, she was with CitiGroup as Vice President, Senior Manager in Nutley. Montogmery-Otis serves as a board member for NJIT and CLSA and is a director for Hackensack Chamber of Commerce.
Gary E. Walker, JD, LL.M, CFP® Joins Peapack-Gladstone Bank
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announced the appointment of Gary Walker
, Senior Managing Director, Wealth Private Banker for the wealth management division of Peapack-Gladstone Bank. Operating out of the Bank’s Morristown location, Walker is a lead point of contact for the Bank’s new and existing individual client relationships in the development and coordination of comprehensive wealth management plans, offering the Bank’s full array of customized, private banking services. In working with individuals and family relationships, he is responsible for implementing and monitoring comprehensive estate, tax and financial planning while providing the Bank’s one-touch client service.
Walker has over 32 years of experience in both the financial services and legal arenas. Before joining Peapack-Gladstone Bank, he served as Vice President, Relationship Manager at Glenmede Trust Company, N.A. As the senior wealth advisor for their Morristown and Princeton, New Jersey offices, he worked with clients and their outside advisors on estate, tax and financial planning solutions for their most complex family relationships. Prior to that he served as an attorney in the private law sector, most recently as a Partner at Herold and Haines, P.A., specializing in estate and tax planning as well as trust and estate litigation and administration. Walker’s former experience also includes service with the Federal Bureau of Investigation (FBI) as a Special Agent.
He holds a B.S. in Accounting, Summa Cum Laude from Manhattan College, a JD, Cum Laude from Boston College Law School, a Masters of Law in Taxation (LL.M) from New York University School of Law and has earned the Certified Financial Planner® designation. Gary has served as Chairman, Board of Trustees of the Mid-Jersey Chapter of the National Multiple Sclerosis Society; Member, Board of Trustees of the Somerset Hills YMCA; Member, Board of Trustees of the Somerset Hills Handicapped Riding Center; and President of the Greater Middlesex/Somerset Estate Planning Council. He is currently a Member, Board of Trustees of the Estate Planning Council of Northern New Jersey and a Member, Bergen County Estate Planning Council.
Timothy E. Doyle is Promoted to Senior Vice President, Chief Risk Officer
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announced the promotion of Timothy E. Doyle
to Senior Vice President, Chief Risk Officer at Peapack-Gladstone Bank. In his current role, Doyle is responsible for the Enterprise Risk Management and Compliance programs at Peapack-Gladstone Bank as well as Operational Risk, supervision of stress testing and policy and regulatory compliance.
He has over 30 years of financial services experience in transaction and relationship banking including leveraged structuring, execution, marketing and management. Prior to joining Peapack-Gladstone Bank, he served as Senior Vice President, Chief Credit Officer at Crown Bank, Indus American Bank and Millennium bcp Bank. In years prior, he had credit and leadership responsibilities at Sovereign Bank, Summit Bank/Fleet National Bank and CIBC World Markets.
Doyle graduated with a Bachelor of Commerce with Honors and MBA from the University of Windsor (Canada). He is a member of the New Jersey Bankers Association Commercial Lending and Enterprise Risk Management Committees, member of the Professional Risk Managers International Association and is certified by the Enterprise Risk Management Association.
Karl A. Towns Joins The First National Bank of Elmer
The First National Bank of Elmer announced that South Jersey native and community banker Karl A. Towns
has joined the bank as Senior Vice President and Chief Operating Officer / Chief Risk Officer. Towns was recently the SVP/Chief Compliance Officer for Audubon Savings Bank, a mutual savings bank in Audubon, NJ. He also served as EVP of Banking Alliance Division for EPX. He is a graduate of the American Bankers Association Stonier Graduate School of Banking and ACAMS Certified Anti-Money Laundering. Through his years of experience as an accomplished banking professional, he continues to be a valued member of the South Jersey Community. Karl also serves his community as an educational advocate for children with autism and other disabilities and is a former Board Member for Exceptional Care for Children (ECC). He resides in Erial, Gloucester County, New Jersey with his wife and son.
Vernon Banker Appointed to National Council
The American Bankers Association has selected Steven C. Ackmann
, president and chief executive officer Highlands State Bank to serve on ABA's Community Bankers Council. Ackmann attended the ABA Community Bankers Council meeting in Washington on Oct. 3-5. During this meeting, bankers talked at length about the current challenges facing community banks across the country, including recent regulations, pending legislation and fintech innovations. David Wasserman, house editor for The Cook Political Report, was one of the featured speakers at the meeting.The ABA Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers from institutions with generally less than $3 billion in assets. Members are appointed by the ABA chairman. Ackmann serves as CEO and president of Highlands Bancorp, Inc. and Highlands State Bank since September 2014, previously president and chief operating officer of Highlands State Bank since 2012. His 40 years of banking career includes 14 years as president, chief operating officer and director of Prornistar Financial Corporation in Johnstown, Pa. Other previous duties have included service as the CEO, President and Director of Fidelity Deposit and Discount Bank in Scranton, Pa. He also served as president of Ti1e Bank of Princeton, N.J. Mr. Ackmann is active with several non-profit organizations and has served as the chairman and as board member for various non profit community and business organizations.
Oritani Bank Hires Vice President of Business Development and Senior Commercial Banker
Oritani Bank announced that it has hired Jegan Vengada
as Vice President, Business Development Officer and Kurt Breitenstein
as Senior Vice President of Commercial Lending. . Vengada brings 15 years of industry experience, eight of which were exclusively spent in the business banking segment. In his new role at Oritani Bank, Vengada will be responsible for new business acquisition in the Oritani marketplace located in Bergen, Hudson, Passaic and Essex Counties. He has expertise in providing services to medical professionals, which will be his primary focus.
Prior to joining Oritani Bank, Vengada served as a Vice President at Bank of America in the Greater Washington, D.C. area. He was also an Assistant Vice President at the First National Bank in Maryland. Vengada earned his bachelor’s degree from the University of Limoges, France, as well as his Bachelors of Business Administration from the University of Maryland. He holds his Business Law and Business Credit certification from the Maryland Bankers Association. He is an active volunteer at the Liberty Humane Society in Jersey City. Vengada recently married Surbhi Pandey, they reside in Jersey City.
Breitenstein has 30 years of experience in banking and 26 years of experience in credit and lending. He has held senior lending positions at Sussex Bank, Valley National Bank, and Interchange Bank. In his new role of Senior Vice President of Commercial Lending, Breitenstein will be responsible for developing new client relationships and leading Oritani’s New Jersey’s team by expanding the Bank’s presence in the New Jersey and surrounding markets.
Breitenstein holds a Bachelor’s Degree in Business and Government from Skidmore College, as well as an MBA in Finance from Long Island University. Breitenstein is a longtime member of the Commercial Lending Committee of the NJ Bankers Association and serves on the Executive Advisory Committee for Habitat for Humanity of Bergen County, NJ.
Investors Bank Hires New Treasurer
Investors Bancorp, Inc. (NASDAQ: ISBC), the holding company for Investors Bank, has announced that Daniel F. Dougherty, CFA
, has joined Investors Bancorp, Inc. and Investors Bank as Senior Vice President and Treasurer. Dougherty, who has more than 20 years of banking and treasury experience, succeeds Maria Lopes, who stepped down from her role in October.
Dougherty comes to Investors from Astoria Bank, where he was Senior Vice President and Treasurer. Before joining Astoria, Dougherty was Senior Vice President and Assistant Treasurer at Israel Discount Bank of New York. Dougherty spent the earlier years of his banking career at FHLB of New York, North Fork Bank and GreenPoint Bank.
A chartered financial analyst, Dougherty is a member of the New York Society of Security Analysts, and has an MBA in Finance from St. John’s University. He has a BA in economics with a minor in business from SUNY at Stony Brook.
Mercadien Names New Managing Director, Announces Other Promotions
Conrad L. Druker, CPA, CGMA, and managing director of The Mercadien Group, announced that Samuel J. Kenworthy, CPA, MST, CGMA
, has been promoted from director to managing director of The Mercadien Group and principal of Mercadien, P.C., CPAs. Kenworthy, a senior member of the firm’s Tax Advisory and Family Office Groups, has been with Mercadien for 8 years and in public accounting for 19 years.
Additionally, Eric M. Whelan, CPA, MST, CGMA
, and Emily A. Hoffman, CPA, CGMA,
have been promoted to the level of director, from manager positions, and Arpita Patel, CAMS,
has been promoted to the level of manager, from a supervisor position. Mr. Druker added, “Other professionals throughout Mercadien were also promoted, all of which reflects their contributions to the continued positive and expanding service experiences enjoyed by our clients, and the resultant growth in our business.”
Kenworthy serves a diverse clientele of individuals and families, including high-net worth families, and multi-generational business owners in a wide variety of industries. He also works with global companies and their employees on various international tax advisory and compliance matters. He has given professional education seminars and authored articles on these topics. He is a member of the American Institute and New Jersey Society of Certified Public Accountants, the Philadelphia and Bucks County Estate Planning Councils, and the Associated Builders and Contractors of NJ. He earned a B.S. degree in Accounting from The College of New Jersey and a Masters of Taxation from Philadelphia University and resides in Yardley, PA.
An integral member of the firm’s tax advisory practice with vast experience in public accounting, Whelan is involved in the quality control group for tax compliance and return preparation, and responsible for managing all types of tax engagements for businesses and individuals. He has in-depth knowledge of multi-state corporate and individual income tax planning and preparation and representation of clients before the IRS and various state taxation agencies. Additionally, Mr. Whelan works with business owners and chief financial officers to help them operate and grow their organizations more effectively, by providing planning, budgeting and forecasting services. Whelan earned a B.S. degree in Accounting from Georgian Court University and a Masters of Taxation from Philadelphia University. He is a member of the American Institute and New Jersey Society of Certified Public Accountants and resides in Forked River, NJ.
Emily Hoffman directs the Compliance Oversight Services Group, where she is responsible for planning and performing fiscal and programmatic oversight of projects, contract and statutory compliance, budget monitoring, risk management, audits and agreed-upon procedures, for commercial, healthcare, and federal, state and local government entities. She is highly regarded in the areas of internal control structures and audit and compliance program design and implementation. Hoffman is a member of the American Institute and New Jersey Society of Certified Public Accountants, the Association of Government Accountants’ Trenton, NJ chapter, and the board of directors of Dress for Success of Mercer County. She earned a B.S. degree in Business Administration with a concentration in Accounting from American University, and resides in Bordentown, NJ.
A member of Mercadien’s Financial Institutions Services Group, Arpita Patel oversees the Anti-Money Laundering/Bank Secrecy Act (BSA) team through the completion of internal audits, validations, risk assessments and consulting projects for community and commercial banks. She acts as a key resource for bank clients through complex regulatory examinations and audits, while consulting on enhancing and strengthening their BSA programs, primarily through assessment of their policies and procedures; training staff on high-risk relationship reviews and red flags; and suspicious activity reporting and monitoring. A Certified Anti-Money Laundering Specialist, Patel is a graduate of Drexel University, where she earned a B.S. degree in Accounting and Entrepreneurship, serves on the board of the Accounting Advisory Council, and is a member of the Alumni Association. She resides in Philadelphia, PA.
Francesco S. Rossi Joins Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank as Chief Accounting Officer
Peapack-Gladstone Financial Corporation (“the Company”) (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank (“the Bank”) announced the appointment of Francesco (Frank) S. Rossi to Senior Vice President, Chief Accounting Officer of the Company and the Bank. Rossi brings 20 years of financial services experience, with extensive expertise in financial reporting, accounting, and tax compliance. He is responsible for managing the Bank’s Controller’s Group and Financial Reporting and Budgeting Group.
Rossi began his career with KPMG, spending five years focused on the audit of financial institutions. He then joined Sound Federal Savings Bank of New York, spending five years as Vice President, Controller, until the Bank was merged into Hudson City Bank of New Jersey. Frank then spent 10 years with Hudson City Bank, within financial reporting and progressing to Principal Accounting Officer (i.e. Chief Accounting Officer) for his last 18 months with the Company, until its merger into M&T Bank. At Hudson City, Mr. Rossi was responsible for the development and preparation of internal, public, and regulatory reporting, financial analyses, the internal control environment, and accounting and tax functions.
Rossi earned a Bachelor of Arts Degree in accounting and finance from Siena College in Loudonville, New York and is currently a Certified Public Accountant and a member of the American Institute of CPAs and the New York State Society of CPAs. He is an active volunteer for Jan Peek homeless shelter in Peekskill, New York providing meals for those in need.
Diane Scriveri Joining CSBK as Chief Commercial Loan Officer
CSBK announced the appointment of Diane Scriveri to Executive Vice President and Chief Commercial Loan Officer.
Scriveri is a New Jersey banking veteran whose career has spanned a number of institutions, primarily within Bergen County. During her community banking career, she has served in various senior management positions in the commercial and residential real estate areas.
She is very active in both industry and community organizations. She currently serves as Chair of the New Jersey Bankers Association Residential Mortgage Committee, and as a member of the New Jersey Bankers Association Commercial Lending Committee and the American Bankers Association – Mortgage Technology and Commercial Lending Groups. Scriveri also serves in various positions with several Bergen County community outreach organizations.
The Honorable James S. Rothschild Jr. Returns to Riker Danzig
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP announced that the Honorable James S. Rothschild Jr. has returned to the Firm after serving for 14 years as a Judge of the Superior Court of New Jersey. The majority of his time on the bench was spent serving as a Civil Judge in Essex County. The Supreme Court of New Jersey elected Rothschild to be the Complex Civil Litigation Judge in Essex County for the last several years of his tenure.
Judge Rothschild also was a member of the Supreme Court’s Civil Jury Charges Committee. He has lectured extensively on developments in civil law, both for ICLE and at the Judicial College. In addition to commercial litigation, he has experience in numerous areas including tort cases, coverage litigation, environmental matters, medical, legal, accounting and engineering malpractice issues, zoning and land use battles, public bidding matters, contract interpretation, construction disputes, class actions and discrimination cases.
Prior to the bench, Judge Rothschild was a partner at Riker Danzig. His practice focused on litigation and insurance coverage matters. Judge Rothschild joins Riker Danzig’s Alternative Dispute Resolution and Commercial Litigation Groups.
Riker Danzig Welcomes Five Associates
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP is pleased to welcome five 2016 Fall Associates: Joshua M. Carmel, Clarissa Gomez, Hannah J. Greendyk, Sarah A. Heba and Ashley Higginson.
Joshua M. Carmel joins the Firm’s Insurance and Reinsurance Group. Carmel received his law degree from Emory University School of Law in 2016. He graduated in 2013 with a B.A. in English and Classics from Gettysburg College.
Clarissa Gomez joins the Firm’s Commercial Litigation Group. Gomez received her law degree from Seton Hall University School of Law in 2014, where she served as the Articles Editor of the Seton Hall Legislative Journal. She graduated in 2010 with a B.A., cum laude, in English and Women & Gender Studies from The College of New Jersey. Following law school, Gomez was the Law Clerk to the Honorable Edward M. Coleman, P. J. S. C., New Jersey Superior Court in Somerville, and the Honorable Michael A. Hammer, U.S.M.J., United States District Court, District of New Jersey. Gomez is admitted to practice in New Jersey and New York.
Hannah J. Greendyk joins the Firm’s Corporate and Tax, Trusts & Estates Departments. Greendyk received her law degree from Seton Hall University School of Law, cum laude, in 2016. She graduated in 2013 with a B.A., summa cum laude, in Political Science from Seton Hall University.
Sarah A. Heba joins the Firm’s Commercial Litigation Group. Heba received her law degree from Hofstra University School of Law in 2015. She graduated in 2011 with a B.A. in English Literature from Rutgers University. Following law school, Heba was a Law Clerk to the Honorable Travis L. Francis, A.J.S.C., New Jersey Superior Court in New Brunswick. Heba is admitted to practice in New Jersey.
Ashley Higginson joins the Firm’s School Law and Governmental Affairs Departments. Higginson received her law degree from Rutgers University School of Law in 2015. She graduated from Princeton University in 2011 with a B.A. in Political Science. Higginson is admitted to practice in New Jersey. This past summer, she participated in the USA Track & Field Olympic trials. She qualified for and competed in the final of the 3,000 meter steeplechase. Higginson trained and competed while pursuing her law degree at Rutgers Law School. She also competed for the USA in the steeplechase at the 2013 World Championships in Moscow, and won a gold medal in the steeplechase at the 2015 Pan American Games in Toronto.
Lindsey Terpstra Promoted to Assistant Secretary at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the promotion of Lindsey Terpstra
to Assistant Secretary/Branch Operations Manager.
Terpstra joined ASB in May of 2006 as a Teller and progressively worked her way to her current position. In 2013, She had advanced to a Customer Relationship Manager at ASB’s Ridgewood Office and she is currently serving as the interim Branch Manager of ASB’s North Haledon Office which is located at 33 Sicomac Road. Terpstra holds a Bachelor of Science in communications from Pace University.
Kayde Shabrack Promoted to Assistant Secretary at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the promotion of Kayde Shabrack
to Assistant Secretary/Supervisor of their Operations Department.
Shabrack, a graduate of Montclair State University with a Bachelor of Arts degree, joined Atlantic Stewardship Bank in September of 2005 as a Part Time Teller while attending college. In 2010, she steadily progressed to the bank’s Deposit Operations Department and she is currently responsible for the oversight and handling of the bank’s Electronic Customer Service Solutions. Shabrack is an active member of the Living Word Church and serves as the Youth Leader.
Ryan Petrie Promoted to Assistant Secretary at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the promotion of Ryan Petrie to Assistant Secretary/Senior Accounting Associate of their Accounting Department.
Petrie, a resident of North Haledon, New Jersey, has over 15 years of financial banking experience. He joined ASB in May of 2001 as a Part Time Teller and progressed to his current position, where he was also appointed as the Regulatory Reporting Specialist. Petrie holds a B.A. from Seton Hall University and an M.B.A. from Montclair State University.
Stuart Vorcheimer Joins Peapack-Gladstone Bank
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announced the appointment of Stuart Vorcheimer
to the position of Senior Managing Director, Market President. Operating out of the Bank’s Teaneck location, Stuart will be responsible for directing a team of private bankers helping to build the Bank’s wealth, lending and deposit business while servicing commercial businesses in the Northern New Jersey area.
Vorcheimer has worked in the financial services industry for 27 years with a focus on middle market companies ensuring long-term achievement of their financial goals. Most recently, as Senior Vice President, Senior Relationship Manager, Middle Market and Commercial Banking at Capital One Bank, he led a successful effort to grow business revenues through commercial banking relationship and portfolio management, cross sell strategies and new client acquisition. Additionally, he was responsible for the Contractor Lending Specialty Team which led to relationship success in the New Jersey marketplace. Previously, as Senior Vice President, Senior Relationship Manager at Bank of America, Stuart was instrumental in the growth, profitability and cross sell of all bank products achieving the Bank’s Pinnacle Award for five consecutive years.
Vorcheimer holds a Bachelor of Science Degree in business administration from the University of Hartford. He is Chairman of the Board of the Metropolitan YMCAs, the largest YMCA association in New Jersey. Additionally, Stuart serves as co-chair of the Metropolitan YMCA’s annual Kids Care golf tournament and serves on the executive, investment, executive compensation committees and the YMCA merger task force.
Wells Fargo Private Bank Names Jason Williams as Senior Managing Director for the Northeast region
Wells Fargo Private Bank announced that Jason Williams has been named senior managing director for The Private Bank for the Northeast region, which includes New Jersey. In his new role, Williams is responsible for the region’s overall revenue growth, team member development, client acquisition and relationship building, and financial results. He will oversee 970 team members in 28 offices in New Jersey, Connecticut, Delaware, Massachusetts, New York, and Pennsylvania. Reporting to Williams in New Jersey is Amrit Walia, the Private Bank’s regional managing director for the state.
Williams joined The Private Bank in 2003 in the Dallas market, relocated to Los Angeles in 2004 to serve as a regional brokerage manager, and became regional director in Miami in 2009, following Wells Fargo’s merger with Wachovia Bank. He was later promoted to regional managing director overseeing the Boca Raton, Ft. Lauderdale, Miami, and Palm Beach regions.
Williams received a bachelor’s degree in business administration from Abilene Christian University. During his tenure in Florida, Williams has served on the board of the directors for The Adrienne Arsht Performing Arts Center, The Ft. Lauderdale Museum of Discovery and Science, and The I Have a Dream Foundation.
Lakeland Bank Appoints Hubert Urruttia
Thomas J. Shara, President and CEO of Lakeland Bank, announced Hubert E. Urruttia has been appointed to Assistant Treasurer, Business Process Analyst in the Business Intelligence department based at the Milton Operations Center in Oak Ridge. Urruttia joins Lakeland Bank with 10 years of industry experience most recently with Sterling National Bank (formerly Provident Bank) in Montebello, N.Y. He began his career as a Teller and advanced his position through the Community Business Lending and Marketing departments to eventually become Business Intelligence Developer in a newly created Business Intelligence Department. Urruttia currently resides in Orange County, N.Y.
Sokol Behot Joins Cullen and Dykman
Cullen and Dykman LLP announced that all attorneys from New Jersey based Sokol Behot LLP joined Cullen and Dykman as of August 1, 2016.
Sokol Behot LLP’s 14 attorneys joined Cullen and Dykman LLP, resulting in a combined regional law firm with over 150 attorneys. Joe Behot joined Cullen and Dykman as a partner and will serve on Cullen and Dykman’s Executive Committee, while Leon Sokol is joining Cullen and Dykman as a senior partner and will retain his extensive involvement in the management of the New Jersey practice. Both Leon and Joe will remain based in the Hackensack office. Neil Yoskin will manage Cullen and Dykman’s Princeton office.
As of August 1, 2016, Cullen and Dykman expanded to include offices in Hackensack, Newark and Princeton, New Jersey to complement the firm’s current offices in Manhattan, Long Island, Albany, Brooklyn, and Washington, D.C.
With the addition of the Sokol Behot attorneys, Cullen and Dykman will offer clients extensive depth and expertise in a broad range of practice areas including banking, commercial real estate, corporate, litigation, bankruptcy, energy and utilities and environmental law and offer comprehensive regulatory representation before State and Federal agencies.
Timothy Carone Promoted to Assistant Secretary at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank,announced the promotion of Timothy Carone to Assistant Secretary/Portfolio Manager of their Credit Risk Department.
Carone has over 20 years of financial experience with a focus in commercial credit analysis, account management and risk analysis. He joined ASB in August of 2011 and prior to that held a position at Valley National Bank as a Credit Analyst.
Additionally, he is a member of ASB’s Leadership Development Training Program and holds a Bachelor of Arts degree from Mercyhurst University.
Christine Gormley Promoted to Assistant Vice President/Lending Administration Manager at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the promotion of Christine Gormley
from Assistant Secretary/Loan Workout Specialist to Assistant Vice President/Manager of their Commercial Lending Administration Division.
Gormley joined ASB in March of 2012 as their Loan Workout Specialist in the Bank’s Loan Workout Department. She has over 25 years of financial services experience having held positions in credit and collections as well as in foreclosure and loss mitigation. Additionally, Gormley previously worked for Superior Bank in New York where she was the REO Asset Manager.
In her new role, she will be responsible for managing and supervising their Commercial Lending Administration Group. Gormley will also oversee departmental work processes and ensure timely work flows with loan closings to provide the optimal customer experience.
Wilson Tam Joins Peapack-Gladstone Bank
Peapack-Gladstone Bank announced the appointment of Wilson Tam
, Senior Vice President, Head of Multifamily Underwriting. Operating out of the Bank’s Teaneck and Bedminster Headquarters locations, Tam will be responsible for the Bank’s multifamily credit and underwriting functions.
He is a career banker with over 22 years of financial services experience focusing on credit underwriting, portfolio management and compliance risk management. Prior to joining Peapack-Gladstone Bank, Wilson held key positions at Capital One as Senior Director, Commercial Business Risk Office; Senior Vice President, Special Assets Officer; and Senior Vice President, Senior Underwriter/Team Leader, Middle Market Lending and Marine Finance.
Prior to his tenure at Capital One, he held key positions as Vice President, Senior Portfolio Manager at Bank of America and Account Manager, Preferred Banking and Manager, Independent Business at TD Bank.
Tam earned a Bachelor of Arts Degree in Economics from McGill University. He holds a Total Leadership Certificate from the Wharton School at the University of Pennsylvania and a Leadership Group Coaching Certificate from Magnus Group.
He is a volunteer recreational coach for Montville Township and speaks English, French and Chinese.
Lakeland Bank Announces New Business Banking Officer Positions
Thomas J. Shara, president and chief executive officer of Lakeland Bank recently announced the expansion of its Small Business Lending division.
Lakeland’s Small Business Lending division has experienced solid continuous growth over the last five years and to meet the increasing demand in this segment, the Bank has created three new Business Banking Officer positions. The addition of these roles will provide a refined geographic focus to allow for individualized attention and a primary resource to the Bank’s branch network.
has been promoted to Senior Vice President, Market and Business Banking Manager and the Business Banking Officers will report to him. McCoy joined the Bank in 2010 as Vice President, Business Development Officer based in Montville. In 2011, he transitioned to Vice President, Small Business Loans for the Small Business Lending division based in Oak Ridge, N.J. McCoy earned an M.B.A. in finance from Seton Hall University and holds a Master of Arts in diplomacy and international relations with a specialization in Latin America and the Caribbean. He earned his B.S. in business administration from Rider University.
has been promoted to Vice President, Business Banking Officer, Small Business Sales. He will be based in Mendham and will be responsible for Somerset and Union counties as well as sections of Morris and Sussex counties. Bahnuk joined the Bank in 2004 and has worked in a variety of lending and credit related roles with the Sussex County Lending Team, the former Caldwell Lending Team, credit administration and most recently as a Vice President, Loan Officer for the Bernardsville Lending Team. He is a graduate of James Madison University with a degree in finance.
has been promoted to Vice President, Business Banking Officer, Small Business Sales based in Montville. He will be responsible for Essex County and parts of Passaic, Morris and Sussex counties. Leary joined the Bank in 2008 as Branch Manager in Wayne, was promoted to Vice President, Branch Manager in Newton in 2011, and assumed the role of Area Manager for Hampton and Andover in 2011. He attended Bergen Community College and transferred to Felician University where he is working toward a bachelor’s degree. Leary is a member of the Newton Rotary, Greater Newton Chamber of Commerce, Success by 6 and is a United Way of Northern NJ Local Operating board member.
has been promoted to Vice President, Business Banking Officer, Small Business Sales. He will be based in Hackensack and will be primarily responsible for the Bergen County area and sections of Passaic County. He joined Lakeland in 2015 as a Vice President, Area Manager for the Teaneck and Englewood branches. Waheeb has a bachelor’s degree in business administration from University of Phoenix, and a New Jersey Life Insurance Producer License plus Series 6 and 63 Licenses for Securities and Investments. He is a member of the Teaneck Chamber of Commerce and Habitat for Humanity.
Lakeland Bank Announces Appointments
Thomas J. Shara, President and CEO of Lakeland Bank, announced the following promotions and new hire officer appointments.
was appointed to the newly created position of Commercial Loan Chief Administrative Officer based in Oak Ridge. She joined the Bank in 1992 as a Commercial Loan Workout Officer based in Branchville and in 1996 was promoted to Vice President, Commercial Loan Officer based in Sussex County. In 2004 she was promoted to Vice President, Team Leader, Sussex County Lending Team and in 2007 was promoted to Senior Vice President, Team Leader. Karakos is a former board member for the Sussex County Economic Development Partnership and the Sussex County Community College Foundation.
was promoted to Senior Vice President, Credit Manager based in Oak Ridge. He joined Lakeland in 2013 as Vice President, Commercial Real Estate Loan Officer for the Bernardsville Commercial Lending Team. Before joining the Bank, Wichman was with Heritage Community Bank in Randolph as First Vice President Commercial Lending, and prior to that, was Chief Operating Officer at Saddle River Valley Bank. He earned a bachelor’s degree from Wittenberg University and holds an MBA in finance from Miami University.
has been appointed to Senior Vice President, Asset Recovery Manager in the Credit department based in Oak Ridge. Schreyer was most recently with Sussex Bank in Rockaway, N.J. as the Executive Vice President, Chief Credit Officer. Prior to that, he was with Noble Community Bank/Highlands State Bank in Sparta as the Senior Vice President, Chief Lending Officer. He earned a bachelor’s degree in business administration from Rutgers University and has a master’s degree in finance from Fairleigh Dickinson University, Metropolitan Campus.
has been appointed to Senior Vice President, Credit Administration Manager in the Credit department based in Oak Ridge. Smith was previously Vice President, Credit Advisor at HSBC Private Bank in New York City and prior to that was Vice President, Credit Administration Officer with Peapack-Gladstone Bank in Peapack, N.J. She has a bachelor’s degree from Rutgers University and a master’s degree from Fairleigh Dickinson University.
has been appointed to Assistant Vice President, Commercial Portfolio Manager based at the Hudson Valley Loan Production Office in Highland Mills, N.Y. Fagan was previously with Sterling National Bank (formerly Provident Bank) for nearly 17 years. She was based in Montebello and Middletown, N.Y. and was most recently Assistant Vice President, Commercial Portfolio Manager.
Mary Ann Popek
has been appointed to Assistant Treasurer, Branch Operations Manager at the Waldwick Office. Popek was previously with Catskill Hudson Bank in Kingston, N.Y. as a Branch Administrator and prior to that she was with TD Bank (formerly Hudson United Bank) in Mahwah, N.J. as a Project Manager.
Glen Rock Savings Bank Promotes Mari DeSacia to Branch Manager of West Orange Location and Danielle Lucas as Assistant Branch Manager
Glen Rock Savings Bank has tapped banking veteran Mari DeSacia
to become Branch Manager of its location at 474 Prospect Avenue in West Orange, NJ. DeSacia, who was also promoted to Assistant Vice President in the bank’s corporate structure, will be responsible for all of the branch’s day-to-day operations. She spent the last decade as Checking Supervisor for Llewellyn-Edison Savings Bank, which was acquired by Glen Rock Savings Bank last year. Throughout her 40-year career, she has held various upwardly mobile positions at the bank. She is a resident of West Orange.
Glen Rock Savings Bank also has named Danielle Lucas
Assistant Branch Manager at the same West Orange location. Ms. Lucas will report directly to Ms. DeSacia and help oversee all branch activities. She was previously a customer service representative dating back to 2001, also with Llewellyn-Edison until last year’s merger with Glen Rock Savings Bank.
ICBA Appoints New Executives for Membership and Government Relations
The Independent Community Bankers of America® (ICBA) promoted John McNair
to executive vice president of member relations and named Joshua Habursky
as a director of advocacy. McNair has served in senior management roles at ICBA for 12 years, most recently as senior vice president of the Mid-Atlantic and Northeast regions. As executive vice president of member relations, he will lead national initiatives to broaden member engagement with ICBA’s state-of-the-art educational programs and extensive network of products and services tailored specifically for community bankers. McNair holds a Master of Science in Human Resources Management from Wilmington University and a Bachelor of Arts in Economics from the University of Delaware.
Habursky will direct the association’s grassroots and advocacy apparatus. Habursky has managed grassroots programs at other trade associations and government and political organizations. He has published articles in leading political science journals, including Campaigns & Elections magazine and Roll Call, and serves as an adjunct professor at West Virginia University’s Reed College of Media. Habursky holds a Bachelor of Arts in Political Science and History from Washington & Jefferson College and a Master of Arts in Government from Georgetown University.
Kevin E. Beisswenger Appointed Senior Managing Director, Commercial Lending at Peapack-Gladstone Bank
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Kevin E. Beisswenger
, Senior Managing Director, Commercial Lending at Peapack-Gladstone Bank. Beisswenger brings to the Bank over 25 years of automotive financial industry experience with an established track record in sales and new business development. He will pursue growth of the Bank’s commercial and industrial lending business, expanding presence and influence within the automotive market, while providing exceptional client service and a unique private banking experience.
Previously, he served as National Manager, Dealer Sales and Service, at Toyota and Lexus Financial Services where he was instrumental in managing and growing the business in the New York and New Jersey marketplace. There he led a sales team that was responsible for Toyota Financial’s efforts for all dealership-related commercial lending, credit lines, retail and lease lending and insurance product sales. On the operations side, he was responsible for risk management, team training, customer experience and competitive pricing programs. Prior to that at General Motors Acceptance Corporation, Beisswenger gained valuable experience in all aspects of financing, collections and client satisfaction.
He earned a Bachelor of Science degree in Financial Management from Clemson University. He is an active member of the Knights of Columbus and supports the Boys & Girls Club of America, the Sparrow’s Nest, and along with his wife Christine, the American Cancer Society as a Pacesetter at their annual Making Strides event.
Capital Bank of New Jersey Announced Two Recent Officer-Level Promotions and a New Hire
has been promoted to IT Officer. A Cumberland County resident, Oliva joined Capital Bank in early 2015 as its IT Manager. A former Minotola Bank employee, she brings a friendly, helpful, community bank approach to her work.
has been promoted to Assistant Controller. Doroshuk, worked at Capital Bank from 2008 to 2009 as a part-time teller while in college pursuing her M.B.A. In 2011 she returned to the bank as its full-time Senior Staff Accountant.
Finally, Donna Giovinazzi
was recently hired as the bank’s Assistant Vice President/Woodbury Heights Branch Manager. Giovinazzi comes to Capital Bank after spending 17 years at The Bank/Fulton Bank of New Jersey, during which time she held several different branch and training positions. Ms. Giovinazzi is a life-long Gloucester County resident.
RIKER DANZIG WELCOMES NEW ASSOCIATE ALEXANDER T. YARBROUGH
Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP welcomed Alexander T. Yarbrough
, who has joined the firm’s Corporate Group and will be working in both the Morristown and New York offices. Yarbrough focuses his practice in the areas of securities law, corporate finance and mergers and acquisitions. Yarbrough also advises clients in connection with M&A transactions, including the negotiation and drafting of asset purchase agreements and stock purchase agreements.
He received his J.D. from Seton Hall University School of Law in 2015, where he was a member of Seton Hall University School of Law’s Moot Court Board and the Seton Hall Legislative Journal. He graduated in 2012 from Florida State University with a B.S. in Business Management and International Affairs.
Century Savings Bank Announces New Members of Executive Management
Century Savings Bank appointed two new members to its executive management team. Bringing with them over 69 years of combined banking experience, Joseph Stella, III
joins Century as Senior Vice President/Chief Financial Officer, and Joseph Dafcik
as Senior Vice President/Chief Operating and Compliance Officer. The bank is equally pleased to report the addition of Hugh McCaffrey
to its Board of Directors.
L. Joseph Stella III, CPA, CGMA
As the Chief Financial Officer (CFO), Stella will be responsible for overseeing the bank’s accounting department as well as the overall financial operations of the bank. A seasoned, “roll-up-the-shirt sleeves” professional with effective, decisive communication skills, and leadership qualities, Joe has a proven track record of progression in banking and financial services. Stella most recently served as CFO for Colonial Bank, FSB. He holds a Master of Business Administration (MBA) in Finance from Wilmington University of Delaware, as well as a Bachelor of Science degree in Accounting (BSA) from Villanova University.
Joseph J. Dafcik
Under the general supervision of the Board of Directors and the President/CEO of Century Savings Bank, Joseph Dafcik will, as the Chief Operating and Compliance Officer (COO), oversee and provide overall direction to core operational departments. He will also be responsible for executing the bank’s regulatory compliance activities as well as serving as the bank’s CRA Officer. Dafcik is a 37-year veteran of the banking industry with multi-departmental experience. He spent nearly three decades at Minotola National Bank serving in various capacities throughout his tenure. Among them: Branch Manager, Loan Officer, and Compliance/CRA Officer. Most recently, Joe served as the COO/Compliance and Security Officer of The First National Bank of Elmer.
McCaffrey’s appointment to Century’s distinguished Board of Directors is following the retirement of two prominent long-term Directors. McCaffrey, President of Southern New Jersey Steel Company, brings over three decades of experience in strategic planning, construction and contract management, and new business development. As a prominent and active member of South Jersey’s landscape, McCaffrey has served on many boards throughout the years, most notably as President of the Mid-Atlantic Steel Fabricators Association, Director of Colonial Bank FSB and Cape Bank, Trustee for Inspira Health Network, and Cumberland Cape Atlantic YMCA. McCaffrey is also a member of the CEO Group of Cumberland County, and the Vineland Rotary Club, and holds a Bachelor’s degree from La Salle University.
has been promoted to IT Officer. A Cumberland County resident, Oliva joined Capital Bank in early 2015 as its IT Manager. A former Minotola Bank employee, she brings a friendly, helpful, community bank approach to her work.
Judith Keyes Promoted to Vice President/Training Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the promotion of Judith Keyes
from Assistant Vice President to Vice President/Training Officer. As ASB’s Training Officer, Keyes has over 36 years of experience in the banking industry with skilled knowledge in areas including training and development, marketing, community outreach and compliance. She received a Bachelor of Science degree in Marketing from Ramapo College of New Jersey and holds an MBA in Strategic Human Resources Management from Grand Canyon University. Keyes’ responsibilities cover a multitude of disciplines at the bank and she also serves as ASB’s Community Reinvestment Act Officer.
She is a member of the Wyckoff-Midland Park Rotary and the Northern NJ Chapter of American Society of Training and Development. Additionally, Keyes is the past President and current Board Member of Paterson Habitat for Humanity and past President of the Fair Lawn Sunrise Rotary.
Jeffrey J. Halverstadt Appointed to Vice President/Commercial Lending Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the appointment of Jeff Halverstadt
to Vice President/Commercial Lending Officer of their Commercial Lending Division headquartered at 612 Godwin Avenue in Midland Park, New Jersey. Halverstadt has over thirty years of commercial banking experience, which includes investment management, franchise lending, private banking and middle market commercial lending. Most recently he served as a Middle Market C&I Team Leader at Investors Bank. Halverstadt is the Chairman Emeritus and current Board Member of the Morris County Economic Development Corporation, Housing Commissioner/Chairman Emeritus of the Summit Housing Authority, a Co-Founder and Trustee of the Summit Affordable Housing Corporation and a Board Member of Trans Options, Inc.
He holds a B.A. in Economics from Denison University and a MBA in Finance from New York University, Leonard Stern School of Business.
Karen A. Scafidi Promoted to First Vice President Compliance Officer at Atlantic Stewardship Bank
Paul Van Ostenbridge, President and Chief Executive Officer of Atlantic Stewardship Bank, announced the promotion of Karen A. Scafidi
from Vice President to First Vice President of their Compliance Department.
Scafidi has over 35 years of professional experience in the financial industry including compliance, loan operations, retail mortgage, consumer lending, commercial lending and branch operations. Ms. Scafidi joined ASB in February of 2007, and is a graduate of the National School of Banking.
Additionally, she volunteers her time in the fundraising efforts for the American Heart Association and the American Cancer Society.
Maureen Gillan Vice President and Commercial Loan Officer Highlands State Bank
Highlands State Bank is pleased to announce that Maureen Gillan
has joined their team and serves as Vice President and Commercial Loan Officer in our Totowa office, located at 650 Union Boulevard in Totowa, New Jersey. She brings with her more than 20 years of hands-on banking expertise. Maureen is successful in developing banking relationships emphasizing in commercial real estate financing and business lending in the New Jersey Market.
Throughout her distinguished 20 year career, she has developed new banking relationships with Accountants, Attorneys, Medical Professionals, and other cultural organizations. Her personal drive, passion and analytical mind provides her with the innate ability to be ideally suited for the banking profession. Her goal is to develop and foster business relationships together with her team at Highlands State Bank.