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Ravage to lead New York City office for Sun National Bank.

M2 EQUITYBITES-February 13, 2014--Ravage to lead New York City office for Sun National Bank

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13 February 2014 -- New Jersey US-based Sun National Bank (NASDAQ: SNBC) said it has opened a commercial lending office in New York City.

According to the bank, the office will serve the commercial financing and cash management needs of businesses throughout New York's five boroughs as well as Long Island and Westchester County.

Leading Sun National Bank's New York efforts will be Marc Ravage, who will manage and grow the bank's current portfolio of New York City-based commercial clients, as well as develop new business opportunities.

Ravage most recently served as vice president of commercial banking at First National Bank of New York. He has held leadership positions at Capital One (NYSE: COF), PNC Bank (NYSE: PNC) and Citibank (NYSE: C).

Sun Bancorp is a USD 3.09bn 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 50-plus locations in New Jersey.

Find out more at www.sunnationalbank.com.

1 USD = 0.608 GBP

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Publication:M2 EquityBites (EQB)
Geographic Code:1U2NY
Date:Feb 13, 2014
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