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Bankers gathered for the ICBA convention in Hawaii say intensifying competition from larger players is prompting more discussion about the need to gain scale most likely through consolidation.
March 3 -
The president and chief executive of Sun Bancorp (SNBC) in Vineland, N.J., is stepping down at the behest of the board.
November 25 -
Sun Bancorp in Vineland, N.J., will close three branches near the Philadelphia suburbs as looks to cut costs.
May 9
Sun Home Loans in New Jersey named Theresa Trainum as its senior vice president and chief operating officer.
In this position, Trainum will oversee daily operations and team management at Sun Home Loans, which is the residential mortgage division of the $3 billion-asset Sun Bancorp (SNBC) in Vineland, N.J.
Trainum has more than 30 years of financial services experience. Before joining Sun Home Loans, Trainum was a vice president and fulfillment site leader at Bank of America (BAC). She has also held mortgage lending leadership positions at Cape Bank, Gloucester County Federal Savings Bank, New York Mortgage Company and First Union Mortgage Corp.
Sun Bancorp also recently hired a new