1st Colonial Community Bank has appointed Robert B. White as the president and chief executive officer of both the holding company and the bank, effective February 3, 2020.
White succeeds Gerard M. Banmiller, the current president and chief executive officer of both companies, who is retiring. White brings 30 years of experience in banking and financial services to 1st Colonial. Most recently he served as the executive vice president and chief risk officer for Customers Bank, a commercial bank headquartered in Wyomissing, PA with more than $11 billion in assets.
While at Customers Bank, he oversaw all risk management functions, including compliance, credit/loan review, and third-party risk management, for a rapidly growing and profitable community bank. He was also president of the bank’s Special Assets Group which managed and substantially reduced the bank’s non-performing assets. For several years he also served as the bank’s Director of Corporate Development in charge of the Bank’s acquisitions and strategic partnerships.
“We are very pleased that Bob White has agreed to become our new CEO. We looked at many candidates, and believe that he is the one best suited to lead 1st Colonial into this new chapter for our bank. He is a results-driven banker with a strong credit background. Also, his extensive risk management experience will be invaluable to our board. We thank Gerry Banmiller very much for all his leadership and guidance over these last 20 years, and we wish him all the best in his retirement,” said Chairman Linda Rohrer._x000D_
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Headquartered in Collingswood, NJ, the 1st Colonial Bank also has a branch in the New Jersey community of Westville and administrative offices in Cherry Hill, NJ.
