Daily News: January 22, 2014

Colonial Bank Appoints Balsama

Colonial Bank announced the appointment of John Balsama as VP, Commercial Lending. In this position, Balsama evaluates commercial loan requests and works with clients to manage loan portfolios.

“John’s extensive experience in commercial lending makes him a valuable asset to our team,” said Ed Geletka, president of Colonial Bank FSB. “His experience with portfolio management and commercial lending in South Jersey makes him a great candidate for both Colonial Bank and our customers.”

Most recently, Balsama’s experience includes VP, Commercial Lending at RBS, Citizens Bank in Haddon Heights. He has served as VP, Commercial Lending at GCF Bank in Sewell, as SVP, Commercial Lending at Cornerstone Bank, and at Fulton Bank of NJ.

“Colonial Bank’s reputation in commercial lending and dedication to clients is highly regarded and I am honored to join the Colonial Bank Team,” said Balsama.