Executive Changes

MIDDLE ATLANTIC

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Delanco Federal Savings Bank in New Jersey has hired James E. Igo as an executive vice president and chief operating officer.

Mr. Igo was the senior vice president at Beneficial Mutual Savings Bank of Philadelphia. In that role he managed commercial lending for South Jersey. He joined Beneficial last year, when it bought Farmers and Mechanics Bank, where he had worked for 17 years, most recently as a senior vice president and senior lending officer.

Delanco has $131 million of assets.


SOUTHEASTCommunity Bank of Arizona, a $97 million-asset Glendale unit of Community Bancorp in Las Vegas, has hired Kenneth A. Sonner as a senior vice president and business relationship manager.

Mr. Sonner was a senior vice president and regional production manager at First National Bank of Arizona in Scottsdale.

Before that he had been a vice president and regional manager in the mortgage division.

Encore Bank of Houston has hired Rose Chen as a senior vice president of commercial banking.

Ms. Chen was most recently a senior vice president and commercial lender at Sterling Bank. Before that she was a senior vice president and area business manager for MetroBank, the primary subsidiary of Metrocorp Bancshares Inc.

Encore has $1.3 billion of assets.

 


 Savannah Bancorp in Georgia has announced that Robert B. Briscoe, chief financial officer of the company and its Savannah Bank, will leave May 31 to take that job at Dozier Crane and Machinery Inc.

Mr. Briscoe has been the CFO of the $924 million-asset company and its bank since 1990 and will remain an adviser until the end of next month.

Michael W. Harden, the vice president of accounting, is expected to become the interim CFO of Savannah Bancorp and the CFO of the bank June 1, the company said.


WESTTemecula Valley Bank in California has hired Andrew M. Murray as a senior vice president and business development officer in its Small Business Administration division.

Mr. Murray was a loan originator at Lehman Brothers Small Business Finance, the commercial real estate funding unit of Lehman Brothers Bank.

He will oversee the development of new business in the Sacramento area and Northern California for the $1.3 billion-asset unit of Temecula Valley Bancorp Inc.

 


 United Western Bank of Denver has hired John M. Falbo as a senior vice president of energy banking.

Mr. Falbo had been a senior energy specialist with the investment firm W.G. Nielsen & Co., where he oversaw merger and acquisition efforts, since November.

Before that he had been a consultant to the company since May of last year. Earlier he had been the senior vice president of energy banking at Compass Bank in Denver.

Mr. Falbo will also provide investment banking services in the energy banking division of UW Investment Services Inc., a division of United Western Bancorp Inc. that provides specialized investment banking services to financial institutions.

United Western Bank has $2 billion of assets.


MIDWESTFirst Financial Service Corp. of Elizabethtown, Ky., has hired Steven M. Zagar as its chief financial officer.

Mr. Zagar was the senior vice president of finance for S.Y. Bancorp Inc. in Louisville. Earlier he had been the vice president and director of internal auditing.

First Financial has $870 million of assets.


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