Executive Changes

NEW ENGLAND

Cambridge Bancorp in Massachusetts has named James F. Dwinell 3d as its chairman and has hired Joseph V. Roller 2d to succeed him as the president of its Cambridge Trust Co.

The chairmanship had been vacant since the retirement of Lewis Clarke a few years ago.

Mr. Dwinell remains CEO of the $1.6 billion-asset bank, a post he has held since 1990. He has been with Cambridge since 1962 and had been the bank's president since 1989.

Mr. Roller, who was also named chief operating officer, was a senior vice president at U.S. Trust Co. of Boston, a unit of Royal Bank of Scotland Group PLC.

Before joining U.S. Trust in 1997 he had worked at Baybanks Inc. in Boston for 15 years and held such senior-level jobs as director of small-business marketing, director of corporate services, and an executive vice presidency in retail and private banking services. (Bank of Boston Corp., now part of FleetBoston Financial Corp., bought Baybanks in 1996.)

Still earlier he had been a senior executive of international services at Irving Trust Co. in New York (which Bank of New York Co. acquired in 1989). He has 30 years of banking experience.

MIDDLE ATLANTIC

First Leesport Bancorp Inc. in Pennsylvania has hired Steven W. Smith as the vice president of the commercial banking division at both its subsidiaries, Leesport Bank and the Shenandoah-based Merchants Bank of Pennsylvania (which was acquired last year.)

Mr. Smith was the vice president of commercial lending at Main Street Bank in Reading. (Sovereign Bancorp of Wyomissing announced Tuesday that it would buy Main Street Bancorp. ) He has 11 years of banking experience.

First Leesport has also promoted Sandra L. Taglieri to be its assistant controller and an assistant vice president, and Jenette L. Eck to be its shareholder relations coordinator and a vice president.

Ms. Taglieri had been a financial analyst at the $423 million-asset company since she joined it last year. Before that she had been a financial accountant at Bernville Bank, which National Penn Bancshares Inc. in Boyertown bought this year. She has 30 years of financial services experience.

Ms. Eck remains the corporate secretary of First Leesport and its subsidiaries and the executive assistant to CEO Raymond Melcher Jr. Before she joined the company in 1990 she had been a customer assistant at Metropolitan Edison Co. , a utility company now owned by GPU Inc. of Morristown, N.J.

Great American Federal in Pittsburgh named its chief operating officer, Todd L. Cover, as president too, and a director.

Mr. Cover had been an executive vice president and chief operating officer since he joined the $878 million-asset thrift in 1998. Before that he had been president and CEO of West Milton State Bank in Pennsylvania.

Great American also hired James V. Dionise as its chief financial officer and a senior vice president, and Nancy A. Fugh as the senior loan operations manager and an assistant vice president of its credit service division.

Mr. Dionise was a first vice president and the senior acquisition manager at MBNA America Bank of Wilmington, Del., for which she had worked two years. Before that he had held senior financial and operational management posts at PNC Bank in Pittsburgh. He has 18 years of financial services experience.

Ms. Fugh was the vice president in charge of portfolio management in the small-business credit services division at National City Bank in Cleveland.

SOUTHEAST

Middleburg Bank in Virginia has promoted chief financial officer Alice P. Frazier and senior lending officer Arch A. Moore 3d to executive vice presidencies.

Both were senior vice presidents. Ms. Frazier joined the bank in 1991, Mr. Moore in 1995.

Middleburg Bank, which has $298 million of assets, is a subsidiary of Independent Community Bankshares Inc. of Middleburg.

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