Commonwealth Bank, Norristown, Pa., hired Joseph N. Butto and Michael J. Kraynyak as vice presidents of commercial lending for Berks and Lebanon counties.

In addition, Mr. Butto was named team leader of the Berks-Lebanon commercial lending group. He had been an assistant vice president and corporate officer at Meridian Bank and before that managed commercial loan portfolios at Mellon Bank.

Mr. Kraynyak had previously been vice president and commercial lending department head at Great Valley Savings Bank and vice president, department head, and director of commercial training at Hamilton Bank, a CoreStates Financial Corp. subsidiary.

Commonwealth Bank is a subsidiary of Commonwealth Bancorp, Valley Forge, Pa.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.