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WestStar Bank in El Paso, Texas, is planning to merge with First National Bank in El Paso.
June 5 -
Two private-equity investors have priced their offering of shares in Central Pacific Financial in Honolulu.
June 5 -
PBB Bancorp in Los Angeles and First Mountain Bank in Big Bear Lake, Calif., are discussing a merger.
June 5
Sun National Bank in Mount Laurel, N.J., has promoted Anthony D'Imperio to chief credit officer and senior vice president, according to
He had held the jobs on an interim basis since October, and was given the permanent titles on Tuesday, the $2.4 billion-asset bank said in the filing.
D'Imperio, 65, had been Sun's director of special assets from July 2012 until last fall. Previously, he was a vice president and division manager for special assets at Wilmington Trust. He has been an adjunct finance instructor at St. Joseph's University in Philadelphia for more than 20 years.
He gets a $250,000 salary, will receive 3,000 shares of restricted stock that will vest in two years and will be eligible for incentives that could be worth as much as 25% of his salary, the filing said.
The bank is a subsidiary of Sun Bancorp, which recently completed a major restructuring that
Its restructuring has included layoffs, an exit from residential mortgage lending and