Jefferson Bank, Philadelphia, a subsidiary of Jeffbanks Inc., has hired William E. Meehan Jr. as director of asset management.

He will be responsible for directing pension, profit-sharing, 401(k), and deferred compensation programs for local businesses.

Mr. Meehan was a consultant for Haddon Strategic Alliance in Haddonfield, N.J., a start-up company dealing in investments for qualified plans. Before that he was a vice president of pensions and corporate trust sales for Midlantic Bancorp in Philadelphia from 1993 to mid-1996.

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