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Just days after announcing a major expansion in mortgage lending, Sun Bancorp (SNBC) in Vineland, N.J., said that it is beefing up its commercial lending team as well.
April 30 -
Sun Bancorp (SNBC) has more than doubled the size of its New Jersey home mortgage team by hiring 50 former MetLife (MET) employees for its residential lending division.
April 26 -
Sun Bancorp Inc. in Vineland, N.J., said Tuesday that it has added two seasoned executives to help grow its middle-market and commercial real estate loan portfolios.
December 20
Sun Bancorp (SNBC) in Vineland, N.J., has lured a veteran financial executive from Customers Bancorp (CUUU) in Wyomissing, Pa.
The $3.1 billion-asset holding company said Friday that Thomas R. Brugger has joined its Sun National Bank subsidiary as chief financial officer.
Brugger spent roughly three years at Customers, where he was the chief financial officer of the parent company and the banking unit. He previously served as corporate treasurer, chief investment officer and portfolio manager at Sovereign Bank over the course of 14 years with Sovereign.
He succeeds Robert Crowl,
"We were fortunate after doing a national search that we found somebody in our backyard," Thomas X. Geisel, Sun's chief executive, told American Banker.
The appointment continues an infusion of talent by Sun over the past year. In April, it opened a new commercial loan office in Plymouth Meeting, Pa., and
The bank also doubled the size of its New Jersey residential lending team in April by
In December, Sun
"What we're trying to do is to create the best of all worlds -- to have a big bank experience and structure overlaid on a community banking delivery model," Geisel said "The track record of people we've hired are people we think can help us accomplish that. We have found it to be a competitive advantage so far."
