Commerce Bancorp of Cherry Hill, N.J., has hired James R. Sibel as senior vice president of lending in Pennsylvania.Mr. Sibel was chief credit officer, chief risk manager, and an executive vice president at Philadelphia-based Jeffbanks Inc. and its affiliates, his employers for 14 years.

He has more than 30 years of banking experience, including senior positions at Cheltenham Bank in Cheltenham, Pa., and First Pennsylvania Bank in Philadelphia.

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