Executive Changes

MIDDLE ATLANTIC

United Trust Bank in Bridgewater, N.J., has hired Alfred J. Soles as chief financial officer and an executive vice president.

He succeeded Donald Malwitz, who left the $2.1 billion-asset subsidiary of United National Bancorp after 39 years, citing health reasons.

Mr. Soles was the senior vice president of management accounting and reporting at Summit Bank in Princeton, N.J., which FleetBoston Financial Corp. acquired in March. Before that he worked at Bank of New York, which he joined in 1989 when it bought his previous employer, Irving Trust Co. of New York.

He has 27 years of banking experience.

Commerce Bank in Cherry Hill, N.J., has hired Peter H. Weisbauer to fill the newly created post of manager of trade finance.

He was also named a vice president and reports to Jim Carlin, the senior vice president of the international department.

Mr. Weisbauer was a senior vice president and the manager of international business development, sales, and marketing at Fleet National Bank of Providence, R.I. He had held the same post at Summit Bank in Princeton until FleetBoston bought it in March.

He joined Summit in 1996, when it acquired his previous employer, United Jersey Bank in Hackensack. He had worked at United Jersey for 23 years, the final three as a vice president and the manager of international operations.

He has 30 years of international banking experience.

Commerce is a subsidiary of $8.9 billion-asset Commerce Bancorp Inc.

WEST

First National Bank in San Diego has hired Thomas Thale as the senior portfolio manager for private clients of its trust and wealth management group and of its Generations Trust Bank of Long Beach, Calif.

He was also named a vice president.

Generations Trust, which First National bought last year, specializes in trust and wealth management services.

He reports to Robert M. Franko, executive vice president and the director of First National's trust and wealth management group and the president of Generations Trust.

Mr. Thale was a vice president of private banking at Bank of America Corp., which he joined in 1998 when NationsBank Corp. bought his previous employer, BankAmerica Corp. of San Francisco.

He had worked at BankAmerica for four years. Before that he was a vice president and the manager of personal trust services at Home Federal Savings and Loan Association of San Diego, where he had worked for 14 years.

He has 22 years of experience in trust and wealth management.

First National has $696 million of assets.

Manufacturers Bank in Los Angeles has hired James E. Wullschleger as the manager of its business banking center.

Mr. Wullschleger, 44, was a vice president and the small-business unit manager at Sanwa Bank California of San Francisco, where he started working seven years ago as the business banking center manager. Before that he was a senior vice president at Coast Bank in Long Beach, Calif., where he worked for eight years.

He has 24 years of banking experience, including an assistant vice presidency for eight years at BankAmerica Corp. , whichNationsBank Corp. of Charlotte, N.C., bought in 1998 to form what is now Bank of America Corp.

Manufacturers, a subsidiary of Sumitomo-Mitsui Banking Corp. , has $1.2 billion of assets.

Metro Commerce Bank in San Rafael, Calif., has hired Richard W. Ballesteros as a vice president and a commercial loan officer.

Mr. Ballesteros, who is based in San Francisco, was a vice president and branch manager at First National Bank in San Diego. Before that he had been a vice president and branch manager in Menlo Park, Calif., for Seattle-based Washington Mutual Bank.

Metro Commerce, a subsidiary of MCB Financial Corp. in San Rafael, has $209 million of assets.

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