Photo Release -- DNB First Expands Business Banking Services
April 03 2015 - 03:56PM
DNB First, one of the first nationally chartered banks to serve the
greater Philadelphia region, announced today the creation of the
Business Banking Services (BBS) division. The move was part of the
Bank's strategic initiative to increase its capabilities and
geographic presence to serve the credit and banking needs of
all-sized businesses in the five county region of Chester,
Delaware, Philadelphia, Bucks, and Montgomery as well
as Southern New Jersey, and Northern Delaware. This
division will support businesses of all sizes, with an added focus
on smaller clients.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=31901
"DNB First understands how important small businesses are in
boosting local economies. We are committed to providing the
expertise and credit business owners need to grow and manage their
businesses," said DNB First's Vince Liuzzi, Executive Vice
President and Chief Banking Officer. As part of that
commitment, the Bank recently created two borrowing solutions – the
Small Business Line of Credit and Equipment Loan.
In addition, to enhance the services to commercial and
industrial businesses, DNB First recently hired Nabila Sajid as
Senior Vice President of Commercial Lending. Sajid, who joined
DNB First from Wells Fargo, has more than two decades of experience
in commercial credit, complementing an already deeply seasoned
commercial banking group. "We are delighted to have Nabila heading
up a team of commercial lenders. Her extensive experience in
C&I lending will be pivotal in helping DNB First serve an
increasing number of businesses, and will boost our market share,"
added Al Melfi, Executive Vice President and Chief Lending Officer
at DNB First.
"Our solid financials and prudent financial management have put
DNB First in a strong position to provide the credit businesses of
all sizes need to grow and prosper. By building these
businesses, we're delivering on a promise we made since we were
founded more than 150 years ago – to make our communities
stronger," said William S. Latoff, DNB First Chairman and CEO.
DNB Financial Corporation is a bank holding company whose bank
subsidiary, DNB First, National Association, is a community bank
headquartered in Downingtown, Pennsylvania with 13 locations.
Founded in 1860, DNB First, in addition to providing a broad array
of consumer and business banking products, offers brokerage and
insurance services through DNB Investments & Insurance, and
investment and trust services through DNB First Investment
Management & Trust. DNB Financial Corporation's shares are
traded on Nasdaq's Capital Market under the symbol: DNBF. We invite
our customers and shareholders to visit our website at
http://www.dnbfirst.com. DNB's Investor Relations site can be found
at http://investors.dnbfirst.com/.
CONTACT: For further information, please contact:
Catherine Hall, SVP, Director of Sales and Marketing
484-359-3221
CHall@dnbfirst.com
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