Executive Changes

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Commercial Federal Corp. of Omaha has hired Patrick J. Corrigan as its executive vice president for commercial banking.

Mr. Corrigan came to the company, which owns the $11.5 billion-asset Commercial Federal Bank, from U.S. Bank. He had been the Omaha market president for the U.S. Bancorp unit.


Commerce Bancshares Inc. of Kansas City, Mo., has hired Eric Steinhouse as its chief marketing officer.

Mr. Steinhouse, who will be based in St. Louis, was the general partner in charge of the marketing division at Edward D. Jones & Co. LP, a St. Louis broker-dealer unit of Jones Financial Cos. LLLP. Before that he had been a senior vice president of marketing at H&R Block Inc.

Commerce has $14.3 billion of assets.


First Oak Brook Bancshares Inc. in Illinois said its president, Richard M. Rieser Jr., will become its chief executive officer as well on May 10, when Eugene P. Heytow will retire.

Mr. Rieser will remain the chairman and CEO of the $2.1 billion-asset Oak Brook Bank, jobs he has held since 1997. He has been the president of the parent company since its formation in 1983.

Mr. Heytow, who had been the parent company's CEO since 1983, will remain a director of the bank.


MIDDLE ATLANTICFulton Financial Corp. of Lancaster, Pa., said Rufus A. Fulton Jr., its chairman and chief executive officer, will retire at the end of the year.

R. Scott Smith Jr. has been chosen as his successor. Mr. Smith is the company's president and will retain that job.

Mr. Fulton (the company was not named for his family) joined Fulton Bank in 1966 from college as its first management trainee. He became a senior vice president in 1977, a director of Fulton Financial in 1984, its president 1987, and its CEO too in 1993.

Mr. Smith joined the bank in 1978 as its director of human resources. He held a variety of jobs before being named the chairman, president, and chief executive officer of Fulton Bank in 1998. Three years later he was named the president and chief operating officer of the parent company.

Fulton Financial has $11.1 billion of assets among 13 banking units. The bank owned by SVB Financial Services Inc. of Somerville, N.J., which it plans to buy in the third quarter, would make it 14.


SE Financial Corp. of Philadelphia has hired J. Christopher Jacobsen as its chief operating officer and Charles Frederick Miller as its chief lending and credit officer.

They got the same jobs at its $113 million-asset St. Edmond's Federal Savings Bank.

Mr. Jacobsen was a senior vice president of Citizens Bank, a subsidiary of Citizens Financial Group Inc. of Providence, R.I. Earlier he had been the senior vice president of retail banking at Roxborough-Manayunk Bank in Philadelphia, which he had joined in 2000 as a vice president of marketing. (Citizens, which Royal Bank of Scotland Group PLC owns, bought Roxborough-Manayunk's parent, Thistle Group Holdings Co., in January of last year.)

Mr. Miller had been an executive vice president and the senior commercial lending officer at the $2.1 billion-asset Susquehanna Patriot Bank of Marlton, N.J., since last June. (The holding company is Susquehanna Bancshares Inc. of Lititz, Pa.) Before that he had been the chief lending officer and a senior vice president at Equity Bank, a Susquehanna Patriot predecessor.


Legacy Bank of Harrisburg, Pa., has hired two executives from a local rival as chief financial officer and chief credit officer.

Joseph Arthur, the new CFO, and Jane B. Tompkins had worked at Waypoint Bank, whose Harrisburg parent, Waypoint Financial Corp., was bought by Sovereign Bancorp in January.

Mr. Arthur was Waypoint's controller and a senior vice president; Ms. Tompkins was its executive vice president of risk management.

Legacy Bank has $339 million of assets.


ASB Holding Co. of Bloomfield, N.J., has brought in Fred G. Kowal as the president and chief operations officer and a director of its $432 million-asset American Savings Bank of NJ.

He succeeded Joseph Kliminsky, who remains the president and chief executive officer of the parent company and the CEO of the bank.

Mr. Kowal had been the chairman and CEO of Warwick Community Bancorp Inc. in Warwick, N.Y., until October, when Provident Bancorp Inc. of Montebello, N.Y., bought it.

Before joining Warwick in 1999 he had been a senior vice president at First Union Bank (now Wachovia Bank).


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