First Bank Adds Commercial Deposit Division
First Bank (FRBA)
Last first bank earnings: 4/27 04:30 pm
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Source: GlobeNewswire
HAMILTON, N.J., June 19, 2017 (GLOBE NEWSWIRE) -- To continue to foster growth, First Bank (NASDAQ:FRBA) announced today that it has added a new commercial deposit division that will focus on deposits and cash management for commercial clients. “At First Bank, we focus on building long-term, mutually-beneficial relationships with our customers so that we can meet their needs at each stage of life,” said Patrick Ryan, CEO of First Bank, which recently completed a successful $40 million stock offering for additional growth. “We wanted someone to lead our commercial deposits to create an even more robust program for our business customers.” 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. “Kay brings a wealth of experience and persp
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