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Commerce Bank Elevates Huggins to Senior Management Team.


EAST PENNSBORO TOWNSHIP, Pa. -- Commerce Bank/Harrisburg, NA, the sole banking subsidiary of Pennsylvania Commerce Bancorp This article is about the bank headquartered in Cherry Hill, New Jersey. For other uses, see Commerce Bank.

Commerce Bancorp (NYSE: CBH), doing business as Commerce Bank
 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), today announced that D. Scott Huggins, chief risk officer, has been appointed as a member of the bank's senior executive management team.

Huggins joins the following Commerce Bank senior executives: Gary L. Nalbandian, founder, 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. ; Mark A. Zody, chief financial officer; Rory G. Ritrievi, chief lending officer; and David B. Skerpon, chief retail officer. Huggins is responsible for all corporate risk management functions including internal audit, compliance and loan review.

"Scott is a valuable asset for our growing organization," said Commerce Bank chairman, president and CEO Gary L. Nalbandian. "We look forward to his leadership as a member of our senior management team. His extensive experience in the critical area of risk management will help guide our company as we achieve further growth and success."

A resident of Lititz, Lancaster County Lancaster County is the name of four counties in the United States:
  • Lancaster County, Nebraska
  • Lancaster County, Pennsylvania
  • Lancaster County, South Carolina
  • Lancaster County, Virginia
, Huggins previously served as senior vice president and chief auditor for Fulton Financial Corp. He has 34 years of risk management experience.

Huggins is a member of the Institute of Internal Auditors “IIA” redirects here. For IIA in decision theory, see Independence of irrelevant alternatives.

Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association of more than 128,000 members with global headquarters in
 and the Association of Certified Fraud Examiners Established in 1988 the Association of Certified Fraud Examiners is the professional organization that governs professional fraud examiners. Its activities include producing fraud information, tools and training. . He earned his bachelors of science degree in accounting from Albright College.

Commerce Bank/Harrisburg, "America's Most Convenient Bank," opened its first office in Camp Hill, PA, in June of 1985. In the 20 years since, the bank has cultivated a unique retail model that has produced continuous strong growth. The bank has doubled its number of branches in Pennsylvania in recent years, growing a network of 28 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.

Commerce's hallmark products and services include seven-day branch banking, free personal checking, free instant-issue ATM/Visa check card, free interactive Penny Arcade coin-counting machines, free online banking and 24/7 bank-by-phone.

In addition to retail banking, Commerce offers a diverse portfolio of commercial banking services including term loans, commercial mortgages, commercial leasing and lines of credit, and cash management services.

Commerce Bank/Harrisburg currently has assets of $1.5 billion. For more information about Commerce Bank/Harrisburg, visit the bank's web site at commercepc.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 1, 2005
Words:354
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