Center Bancorp, Inc.'s Union Center National Bank Hires Commercial Lending Officer and Head for Englewood Banking Center
UNION, N.J., Aug. 1, 2012 (GLOBE NEWSWIRE) -- Center Bancorp, Inc. (CNBC), parent company to Union Center National Bank, ("UCNB" or "the Bank"), of Union, New Jersey, announced that Union Center National Bank has hired Nicholas "Nick" Anthony as Senior Vice President and Loan Officer. Nick Anthony will join the Commercial Lending team.
Prior to joining UCNB on June 23, 2012, Nick Anthony served as Senior Vice President & Team Leader of the Commercial Real Estate Banking Division at Bank of America Merrill Lynch, National Association. Nick has over 27 years of experience in Commercial Real Estate Banking in New Jersey specializing in commercial and industrial lending. He holds a series 7 and series 63, and earned a BS degree from Southampton College Higher Education, Southampton, England.
UCNB President & Chief Executive Officer, Anthony C. Weagley said, "We are excited to have Nick Anthony join the UCNB team. Nick compliments UCNB's strong credit culture and will add a tremendous business development presence to the team, particularly in Bergen County where Nick will be heading up commercial lending in Saddle River. This compliments William Boylan, Senior Vice President, who will be heading our commercial lending efforts out of our new Banking center in downtown Englewood, NJ scheduled to open in the third quarter of 2012."
UCNB also announced life-long Bergen County and current Hackensack resident Sue Fetner recently joined Union Center National Bank as Vice President heading up our Englewood Banking Center. Ms. Fetner has over 15 years of Branch Management and business banking experience. Prior to joining UCNB, Sue Fetner was Branch Manager for Chase Bank in Ridgewood and in Montvale, NJ. Ms. Fetner earned a B.B.A. in Marketing from the George Washington University.
"We are very pleased to have Sue Fetner lead the Bank's new Englewood office. Her professional experience in the financial service industry and life-long connections to the Bergen County community will serve our area customers and Bank team extremely well," said Mr. Weagley.
About Center Bancorp
Center Bancorp, Inc. is a bank holding company, which operates Union Center National Bank, its main subsidiary. Chartered in 1923, Union Center National Bank is one of the oldest national banks headquartered in the state of New Jersey and now ranks as the third largest national bank headquartered in the state. Union Center National Bank is currently the largest commercial bank headquartered in Union County. Its primary market niche is its commercial banking business. The Bank focuses its lending activities on commercial lending to small and medium-sized businesses, real estate developers and high net worth individuals.
The Bank, through its Private Wealth Management Division, which includes its wholly-owned subsidiary, Center Financial Group LLC, UCNB's Private Wealth Management and advisory umbrella of services provides personalized wealth management and advisory services to high net worth individuals and families. The Bank's services include banking, liquidity management, investment services, custody, tailored lending, wealth planning, trust and fiduciary services, insurance, family wealth advisory and philanthropic advisory.
Center also recently announced a strategic partnership with Compass Financial Management, LLC and ING to offer pension/401(k) planning services. Compass is an SEC Registered Investment Advisory Company with five decades of cumulative experience providing investment services in a personal, professional and attentive manner. They provide discretionary private investment management for individuals and corporate accounts as well as 401(k) advisory services.
The Bank currently operates 14 banking locations in Union, Morris, and Bergen Counties in New Jersey. Banking centers are located in Union Township (5 locations), Berkeley Heights, Boonton/Mountain Lakes, Madison, Millburn/Vauxhall, Morristown, Springfield, Summit, Oakland, and Saddle River, New Jersey. While the Bank's primary market area is comprised of Union and Morris Counties, New Jersey, the Corporation is expanding to northern New Jersey with its Saddle River Valley Bank transaction and the pending opening of its new Englewood banking center location located in downtown Englewood, New Jersey.
For further information regarding Center Bancorp, Inc., please visit our web site at http://www.centerbancorp.com or call (800) 862-3683. For information regarding Union Center National Bank, please visit our web site at http://www.ucnb.com .
CONTACT: Investor Inquiries: Joseph Gangemi VP, Investor Relations (908) 206-2863 France Delle Donne VP, Director of Communications & PR (908) 206-2668Source: Center Bancorp, Inc. 2012 GlobeNewswire, Inc.