MIDWEST
National Bancshares Corp. of Orrville, Ohio, said David C. Vernon would become the president and chief executive officer of the company and its $300 million-asset First National Bank on Nov. 15.
Mr. Vernon will join National Bancshares from Central Federal Corp. and its $218 million-asset CFBank of Fairlawn. He joined Central Federal in 2003 as the president, CEO, and chairman of the company and the CEO and chairman of the bank. He gave up all but the chairman duties in January 2005 and was named vice chairman of the company and the bank a year later.
National Bancshares also has named Steve Riddick the chief credit officer of First National Bank.
Mr. Riddick was the vice president of commercial lending for the bank, which he joined in 1997.
MIDDLE ATLANTICSun National Bank of Vineland, N.J., has promoted Thomas J. Townsend from senior to executive vice president and put him in charge of its information technology department.
He will remain the head of the operations and risk management departments for the $3.2 billion-asset unit of Sun Bancorp Inc., which he joined in 2001.
Before joining the bank he had been the chief financial officer for Smith Barney Corporate Trust Co. in Wilmington, Del. Earlier he had worked for 20 years in a variety of jobs at CoreStates Financial Corp., now part of Wachovia Corp.
He continues to report to Thomas A. Bracken, Sun Bancorp's president and chief executive officer.
SOUTHEASTCity First Bank of D.C. has hired Melrose Nathan as its controller and Margaret Whitesides as its relationship manager in charge of special credits and multifamily housing financing.
Both have also been named senior vice presidents.
Ms. Nathan was the vice president of accounting at Independence Federal Savings Bank, a $161 million-asset Washington thrift. Earlier she had been the assistant treasurer and a vice president at Adams National Bank.
Ms. Whitesides was a consultant at Hollister Group LLC, a consumer finance consulting firm in Washington. While there she helped write and edit the Government National Mortgage Association's 2005 report to Congress.
Before joining Hollister Group she had been a director of the commercial warehousing group at Residential Funding Corp., a unit of General Motors Corp.
The $108 million-asset City First says its focuses solely on community development.
SOUTHWESTIrwin Union Bank and Trust Co. of Columbus, Ohio, has hired Chesley Steel as its market president for Albuquerque, a new market for the bank.
Ms. Steel came to the $6 billion-asset unit of Irwin Financial Corp. from Bank of the West. She had been a senior vice president of commercial banking in Albuquerque for the BNP Paribas SA unit.
Before that she had held commercial banking managerial jobs in Utah and Idaho for U.S. Bank.
Irwin Financial, which also owns a $515 million-asset thrift that uses the Irwin Union Bank name, now does business in 10 states.
WESTRabobank NA, the $4.8 billion-asset El Centro, Calif., community banking unit of the Dutch company Rabobank Group, has hired John B. Hancock as its general counsel and corporate secretary.
Mr. Hancock was a vice president of enterprise compliance for World Savings Bank a $128 billion-asset Oakland thrift. Wachovia Corp. bought World Savings' parent, Golden West Financial Corp., on Oct. 1.
Before that he had been of counsel to the licensing and online commerce group at Fenwick & West LLP, a Mountain View law firm.
He has 25 years of experience in the banking and legal industries.
Rabobank NA also has named Harry Wardwell the regional president for its operations in California's central coast region.
Mr. Wardwell joined the bank in January when its parent bought Community Bank of Central California, where he had been the senior vice president of branch administration.
