Executive Changes

MIDDLE ATLANTIC

Independence Community Bank in Brooklyn, N.Y., has hired Timothy Gannon as an asset-based lending officer and a senior vice president.

Mr. Gannon, 60, was a senior vice president and the Melville manager at Summit Business Capital Corp., a unit of FleetBoston Financial Corp. Before that he had held similar jobs in New York Sterling National Bank and at MTB Bank. (Connecticut Bank of Commerce in Stamford both MTB in March.)

Still earlier he had been the head of the asset-based lending group for five years at Chemical Bank, now Chase Manhattan Bank.

Independence, the principal subsidiary of Independence Community Bank Corp., has $7 billion of assets.

Bank Leumi USA in New York has promoted Hillel Waxman to senior vice president and head of international private banking and Israel Koren to manager of its Chicago branch.

Mr. Waxman has worked at the $3.8 billion-asset bank, a unit of Bank Leumi Le-Israel BM in Tel Aviv, for 21 years, most recently as the head of foreign exchange and trading activities in the treasury management department.

Ms. Koren, a first vice president of Bank Leumi USA, has held auditing, lending, and branch management jobs there for 20 years.

The bank has also hired Sheldon Laufgraben as a commercial lending officer in the national banking division and Philip S. Dobkin as the manager of its treasury operations department and the head of operations at its broker-dealer subsidiary, Leumi Investment Services Inc.

Ms. Laufgraben, who was also named a first vice president of the bank, was the first vice president of middle-market commercial lending at Commercial Bank of New York. He has 30 years of commercial lending experience.

Mr. Dobkin, who was also named a vice president of the bank, was the operations executive in charge of managing the operating, trading, and marketing group at Republic New York Securities Corp.

SOUTHWEST

MetroCorp Bancshares Inc. in Houston said Allen D. Brown will become its president and the chief executive officer of its MetroBank on Aug. 20.

Mr. Brown has 23 years of banking experience. For the past five he was the president of Redstone Bank and Northwest Bank, two units of Redstone Financial Inc. in Houston. Before that he had been the executive vice president of First Interstate Bank of Texas (now Wells Fargo Bank Texas), where he worked for 10 years.

MetroCorp Bancshares has $730 million of assets.

MIDWEST

Marquette Capital Bank in Wayzata, Minn., has hired Shanna Wolf as a private mortgage banker in its private financial services group.

She reports to Connie Sweazey, the senior vice president of private banking and the manager of the Wayzata branch.

Ms. Wolf was a loan originator at Conseco Finance Corp. in St. Paul. Before that she had been a mortgage banker at North American Mortgage Co., a Tampa, Fla., subsidiary of the New York-based Dime Bancorp Inc., where she had worked for two and a half years. She has three years of mortgage banking experience.

Marquette Capital is a $250 million-asset unit of Marquette Bancshares Inc. in Minneapolis.

First National Bank of Gaylord in Michigan has hired Keith E. Kenney as the vice president of commercial lending.

Mr. Kenney was a vice president of Old Kent Bank in Grand Rapids and the Gaylord manager for its mortgage division. He has 24 years of banking experience.

First National Bank, the principal subsidiary of North Bancorp Inc. in Gaylord, has $144 million of assets.

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