Sb1 Federal Credit Union in Philadelphia, the former SmithKline employees' credit union, has hired a former bank executive as its president and chief executive.
The $600 million-asset credit union said Thursday that Robert Werner, chief operating officer of Two River Community Bank in Middletown, N.J., will succeed Tom Swierzy, who is retiring in July.
Werner has more than 25 years of managerial experience in financial services. He has also chaired the Community Lenders CDC and the Pennsylvania Bankers Association Service Corp.
The former pharmaceutical workers credit union recently converted to a community charter serving about 640,000 residents of Philadelphia.
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