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Tue, December 20, 2011

Sun National Bank Expands Commercial Lending Team


Published on 2011-12-20 10:10:47 - Market Wire
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Sun National Bank Expands Commercial Lending Team -- VINELAND, N.J., Dec. 20, 2011 /PRNewswire/ --

Sun National Bank Expands Commercial Lending Team

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VINELAND, N.J., Dec. 20, 2011 /PRNewswire/ -- Sun National Bank has added two seasoned executives to its lending team, to support and advance the growth of its middle market and commercial real estate lending business.

Anthony W. LaMarca has been named Senior Vice President and Wholesale Regional Manager for Sun's South Jersey and Philadelphia markets.  He will lead the team of professionals who serve Sun's middle market clients in those markets.  LaMarca has been in commercial banking for more than 25 years, including over 20 years of serving middle market businesses in the Delaware Valley.   

Prior to joining Sun, LaMarca held Managing Director positions at Susquehanna Bank and Wilmington Trust FSB.  He holds a Bachelor of Science degree from Northeastern University in Boston.  LaMarca will operate out of Sun's executive offices in Mount Laurel, N.J.

Joseph C. Tkac has been named Senior Vice President and Manager, Commercial Real Estate.  He will be responsible for growing Sun's commercial real estate loan portfolio serving clients in New Jersey and the Northeast region. Tkac has been in commercial real estate lending for more than 25 years and has a track record of success building and managing large loan portfolios for commercial and residential real estate clients.  

An effective manager and new business development leader, Tkac is a former senior vice president on the real estate lending teams at Wells Fargo and Wachovia Bank.  Earlier in his career, he was a mortgage lender at Commercial Trust Company and Midlantic Mortgage Corp.  He is a member of NAIOP and NJBA and a former board member of the NJAA.  A lifelong resident of New Jersey, Tkac will be located in Sun's Edison, N.J., office.  He earned a Bachelor of Arts degree in Economics from Tulane University in New Orleans.

"We welcome Tony and Joe to Sun National Bank and are pleased to add such accomplished people to our team," said Thomas X. Geisel, President and CEO, Sun National Bank.  "Our ability to attract and retain the industry's top professionals further strengthens our company and reinforces our leadership position as the second largest commercial bank in New Jersey."

Sun banking professionals combine the best of big-bank experience and talent with a personal approach that honors relationships.  Sun's Commercial Lending team provides clients with local decision-making and customized solutions to meet each client's respective business needs and goals.  Sun National Bank is a preferred lender of the New Jersey Economic Development Authority and a national preferred Small Business Association lender.  The bank serves customers in all 21 counties in the state of New Jersey.

About Sun

Sun Bancorp, Inc. (Nasdaq: [ SNBC ]) is a $3.24 billion asset bank holding company headquartered in Vineland, New Jersey, with its executive offices located in Mt. Laurel, New Jersey. Its primary subsidiary is Sun National Bank, a full service Commercial Bank serving customers through 65 locations in New Jersey. Sun National Bank was named one of Forbes magazine's "Most Trustworthy Companies" for five consecutive years.  The Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the Federal Deposit Insurance Corporation (FDIC).  For more information about Sun National Bank and Sun Bancorp, Inc., visit [ www.sunnb.com ].

SOURCE Sun Bancorp, Inc.

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