Executive Changes

MIDWEST

Cresleigh Bancorp in Carmel, Ind., has hired Craig Royal to be chief financial officer and Dennis Trent to be a vice president and the director of operations.

Mr. Royal was a partner and the business development director for five years of Keystone Investment Services of Wilmington, Del. He was responsible at Keystone for third-party management, business valuation analyses, real estate appraisals, asset liquidation plans, and business development.

Before that he had been chief financial officer at $250 million-asset Hubbell Realty Co., a Des Moines private real estate holding company. He has 16 years of financial and operations management experience.

Mr. Trent is responsible for Cresleigh's processing, underwriting, closing, post-closing, servicing, administration, compliance, project management, training, and technology systems.

He was an executive vice president for five years at Banc One Financial Services Inc. in Indianapolis. Before that he had been an assistant vice president at Household Finance Corp. in Prospect Heights, Ill., where he worked for 14 years.

Both executives report to Steven C. Alonso, chief executive officer.


MIDDLE ATLANTICCommerce Bancorp in Cherry Hill, N.J., has promoted Glenn K. Holck to president of its Pennsylvania operations.

He is responsible for Commerce's expansion, retail branch operations, and small-business and middle-market lending in the state. He is based in Center City, Pa.

He was a senior vice president in charge since 1998 of expanding the company's middle-market, health-care, and asset-based lending. Before that he had been a senior vice president and senior credit officer at CoreStates Bank in Philadelphia, which First Union Corp. bought two years ago.

Commerce has $8 billion of assets.


SOUTHEASTCitrus Bank in Orlando has hired Kathy H. Voyles to be a commercial officer in charge of portfolio management and the structuring of large transactions.

She reports to Cindy Stover, regional market executive, and is based in Jacksonville, Fla.

Ms. Voyles was a business loan center custom credit specialist in Tampa for Bank of America, where she started her eight-year banking career.

Citrus has $458 million of assets.


Ohio Savings Bank of Cleveland has named Laura Stemple sales manager of the new West Palm Beach, Fla., branch of its Amtrust Bank.Ms. Stemple held the same post at $9.5 billion-asset Ohio Savings' Chapel Hill branch in Akron, Ohio. She joined the bank in 1994 as a part-time teller.


Mercantile Bank in St. Petersburg, Fla., has hired Christine Rouse as a vice president and the manager of its new Apollo Beach branch.She was vice president of Provident Bank of Florida in Sarasota since 1997. Before that she had been an assistant vice president and branch manager for three years at South Hillsborough Community Bank in Apollo Beach, which Provident bought three years ago.

She reports to Diane Tone, group vice president for Hillsborough County.

Mercantile has $432 million of assets.


WESTImperial Bank in Los Angeles has promoted Philip C. Ellis Jr. and Robert H. Frederisy to senior vice presidencies and named them senior counsels in its legal department.

Mr. Ellis has overseen documentation and negotiation of commercial loans and provided general operations and regulatory advice for the $7 billion-asset bank since 1995.

Mr. Frederisy has provided legal services, analysis, and counsel on the bank's lending activities and human resource matters since 1996. Before that he had worked for 21 years at Security Pacific National Bank in Los Angeles, then for four years at Bank of America Corp., which bought Security Pacific.

Imperial has also promoted Charles Meyer to vice president and associate counsel. He has provided real estate-related legal services to various bank departments since 1989. Before that he practiced law with a Southern California firm.

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