Commerce Bank Appoints Zimmerman Regional Vice President for York Region; Record Growth Prompts Addition to Leadership Team in York Market.Business Editors CAMP HILL, Pa.--(BUSINESS WIRE)--Sept. 2, 2003 Commerce Bank/Harrisburg, NA, today announced that Harry M. Zimmerman has been promoted to regional vice president for the bank's York Region. A resident of York, Zimmerman most recently served as senior commercial lender Whilst nearly all lenders offer loans on a commercial basis the term commercial lender has differed meanings around the world.
"Thanks to Commerce's unique retail model and unmatched attention to service and convenience, the bank has achieved a level of growth that calls for this addition to our leadership team in the York market," said Commerce Bank Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gary. L. Nalbandian. "Deposits in the York Region have jumped nearly 30% to $195 million in the last year. "Harry has done a superb job managing Commerce's commercial lending operations in York. And it's rare to come across an individual that's more involved in the York community. He serves in countless volunteer leadership roles for countless York County organizations. We are especially pleased to advance Harry to the top post in our York Region." As senior commercial lender, Zimmerman was instrumental in the significant growth of Commerce's total loan portfolio, which has jumped 13% to more than $406.7 million in the last year. Zimmerman currently serves as chairman of PennMar Foundation, treasurer of the PennMar Organization and treasurer of the Credit Bureau of York. He also serves on the boards of numerous community and civic organizations including Byrnes Health Education Center, Salvation Army, York County Chamber of Commerce, YMCA YMCA in full Young Men's Christian Association Nonsectarian, nonpolitical Christian lay movement that aims to develop high standards of Christian character among its members. of York County, Memorial Hospital, Boy Scouts, Junior Achievement and York County Economic Development Corp. Zimmerman earned his bachelor's degree in business management and psychology from the University of Delaware [3] The student body at the University of Delaware is largely an undergraduate population. Delaware students have a great deal of access to work and internship opportunities. . He also is a graduate of the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and Stonier Graduate School of Banking and the ABA Commercial Lending School at University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. . Commerce Bank, "America's Most Convenient Bank," offers seven-day branch banking, totally free checking, 24/7 Bank-by-Phone and America's Best Online Banking. The bank has a network of 20 stores in Berks, Cumberland, Dauphin Dauphin, town, Canada Dauphin (dô`fĭn), town (1991 pop. 8,453), SW Man., Canada, on the Vermilion River. It is the retail and distribution center for an agricultural, lumbering, and fishing area. , Lebanon and York counties. A subsidiary of Pennsylvania Commerce Bancorp, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :COBH), Commerce Bank/Harrisburg currently has assets exceeding $845 million and is working toward a total asset goal of $2 billion and a branch network of 40 offices by 2006. Pennsylvania Commerce Bancorp is affiliated with the Commerce Bancorp network of banks headquartered in Cherry Hill, NJ. For more information about Commerce Bank, visit the bank's interactive financial resource center at commercepc.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion