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Samp;;T Bank Announces Appointment of New Vice President Commercial Lender and Vice President Community Lender


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S&T Bank Announces Appointment of New Vice President Commercial Lender and Vice... -- INDIANA, Pa., Sept. 4, 2012 /PRNewswire/ --

S&T Bank Announces Appointment of New Vice President Commercial Lender and Vice President Community Lender

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INDIANA, Pa., Sept. 4, 2012 /PRNewswire/ --  [ S&T Bank ] (NASDAQ: [ STBA ]), a full-service financial institution with branch locations in 10 Pennsylvania counties, is pleased to announce the recent appointments of Greg Vallecorsa as vice president commercial lender and Rob Balazentis as vice president community lender.  In his new role, Vallecorsa is responsible for maintaining and growing commercial loans and deposits for the bank. As vice president community lender, Balazentis will work to establish new relationships with local businesses as well as grow existing client relationships.

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"Greg and Rob have extensive experience in the banking and finance industry and their expertise lies in developing long-term client relationships which complements our overall banking philosophy," said Todd D. Brice, president and chief executive officer of S&T Bank.  "We welcome them to the S&T Bank team and are confident that they will offer local businesses a variety of smart and practical lending solutions."  

Prior to joining S&T Bank, Vallecorsa served as relationship manager at another regional financial institution where he managed a variety of client loan portfolios and worked to grow the bank's commercial credit accounts.  He has also held business banking and management positions at three other regional banks.   

Balazentis previously served as business banking officer at another bank before joining S&T Bank.  In this role, he created and developed new client relationships.  Balazentis has held a variety of account management and sales positions at companies including ComDoc, Inc. and Verizon Wireless.  He earned his Bachelor of Arts in management from Mercyhurst College and his MBA from Waynesburg College. 

For more information about S&T Bank, please visit [ www.stbank.com ] or call 800.325.2265.

About S&T Bancorp, Inc.

Headquartered in Indiana, PA, S&T Bancorp, Inc. operates offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties.  With assets of $4.3 billion, S&T Bancorp, Inc. stock trades on the NASDAQ Global Select Market under the symbol STBA.  For more information, visit [ http://www.stbancorp.com ].

SOURCE S&T Bank



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