November 26, 2014 8:08 AM ET

Banks

Company Overview of Sun National Bank

Company Overview

Sun National Bank provides a range of banking products and services in New Jersey. It offers retail banking services, such as checking, savings, and money market accounts; CDs and IRAs, online and mobile banking, and personal and auto loans; small business loans and lines of credit, remote deposit for small business, merchant services for small business, and credit cards; and mortgages through Sun Home Loans, investment services through Sun Financial Services, SBA preferred lender, and bank at work. The company also provides business, commercial, and institutional banking services, including checking accounts, term loans, lines of credit, credit cards, construction lending and commercial mor...

226 West Landis Avenue

Vineland, NJ 08360

United States

Founded in 1985

Phone:

856-205-0700

Fax:

856-205-9972

Key Executives for Sun National Bank

Chief Executive Officer
Age: 64
Chief Financial Officer and Executive Vice President
Age: 47
Chief Administrative Officer and Executive Vice President
Age: 44
Executive Vice President
Age: 53
Senior Vice President and Director of Marketing
Compensation as of Fiscal Year 2014.

Sun National Bank Key Developments

Sun National Bank Appoints Nicos Katsoulis as Chief Lending Officer and Anthony Morris as Chief Banking Officer

Sun National Bank announced the hiring Nicos Katsoulis has been hired as Executive Vice President and Chief Lending Officer, and Anthony Morris has been hired as Executive Vice President and Chief Banking Officer. The Bank had agreed to hire Katsoulis and Morris in August, subject to receipt of regulatory non-objections from the Federal Reserve Board and the Office of the Comptroller of the Currency, and have served as consultants to the Bank since that time. Morris will oversee key customer experience functions across the organization, including retail banking, information technology, bank operations, and the Bank's wealth management subsidiary, Sun Financial Services, LLC. Katsoulis will oversee all of the Bank's commercial lending activities, including C&I and CRE lending.

Sun National Bank Appoints Anthony J. Morris as Executive Vice President and Chief Banking Officer

Effective November 3, 2014, Anthony J. Morris, age 58, was appointed as Executive Vice President and Chief Banking Officer of Sun National Bank. From November 2012 to July 2014, Mr. Morris served as Director, Banking Products & Services at CIT Bank where he was responsible for formulating strategic and operating plans for a wide range of matters pertaining to defining, developing and implementing a branch banking platform to enable CIT Bank to capture core deposits to fund its lending businesses. He left CIT Bank to become a consultant to the Bank pending receipt of the requisite regulatory non-objection to be employed as an Executive Vice President at the Bank. Prior to CIT Bank, from 2007 to 2012, Mr. Morris served as Senior Vice President, Chief Corporate Planning and Marketing Officer at State Bank of Long Island.

Sun National Bank and Sun Bancorp Inc. Hires Paul H. Ciancimino and Carlo Alibrandi as Senior Vice Presidents to Lead Real Estate Groups

Sun National Bank and Sun Bancorp Inc. announced the addition of two seasoned Commercial Real Estate (CRE) lending veterans to its commercial banking leadership team. Paul H. Ciancimino, with more than 40 years of commercial lending experience, will serve as a senior vice president, responsible for all CRE lending in New Jersey and Pennsylvania and will be based in the Bank's Edison office. Most recently, Ciancimino served as CRE Team Leader at Valley National Bank. He previously led commercial lending teams at State Bank of Long Island, New York Commercial Bank, Atlantic Bank of New York. Ciancimino also served as a senior vice president and asset manager for Value Property Trust in New Jersey. Carlo Alibrandi, with more than 25 years of commercial lending experience, will serve as a senior vice president responsible for all CRE lending in New York, and will be based in the Bank's Manhattan office. Most recently, Alibrandi served as team leader at Valley National Bank, responsible for a team of New York City and Long Island CRE lenders. Alibrandi previously held commercial lending leadership roles at State Bank of Long Island, New York Commercial Bank, Atlantic Bank of New York and Chemical Bank. Jessica Veliz will be joining the CRE team as portfolio manager, supporting the New Jersey and Pennsylvania lending groups.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 2, 2014
Sun Bancorp Inc., Six Offices in Cape May County and One Office in Atlantic County
 

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