First Union Corp., Charlotte, N.C., has promoted Margaret A. Scopelianos to executive vice president of credit policy for First Union National Bank in New Jersey.

She will be based in Newark and will be responsible for managing First Union's underwriting activities in New Jersey.

Ms. Scopelianos came to First Union in January when it bought First Fidelity Bancorp., where she had worked as senior vice president of credit policy since 1992.

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