Chris McDermott Joins Meridian Bank as SVP, Commercial Lending
Meridian Bank has appointed Christopher E. McDermott as Senior Vice President, Commercial Lending, bringing his extensive banking experience to serve business customers in Bucks and Montgomery Counties. McDermott's background includes working for large and small institutions in commercial lending, and his expertise will enhance Meridian's 'Continuum of Lending' strategy. CEO Chris Annas believes McDermott's experience aligns well with Meridian's culture of partnership and customer loyalty.
Christopher E. McDermott's appointment as Senior Vice President, Commercial Lending will enhance Meridian Bank's Commercial Lending Team.
McDermott's extensive banking experience and expertise in establishing, building, and leading commercial lending teams will benefit Meridian Bank's customers in Bucks and Montgomery Counties.
Meridian Bank's 'Continuum of Lending' approach will be strengthened by McDermott's skill set and experience in commercial and industrial lending.
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MALVERN, Pa., May 08, 2024 (GLOBE NEWSWIRE) -- Meridian Bank announced the appointment of Christopher E. McDermott to the position of Senior Vice President, Commercial Lending. He’ll join other members of the Meridian Commercial Lending Team in serving business customers in Bucks and Montgomery Counties.
Chris began his long banking career right out of high school. He started as a clerk at Girard Bank and advanced through that organization while he simultaneously earned his degree in finance from LaSalle College. Moving from branch manager into commercial lending, he was a lender for both large and small institutions during the extended period of mergers and acquisitions in the Philadelphia region. He brings his breadth of expertise in establishing, building and leading commercial lending teams to his position at Meridian.
Meridian founder and CEO Chris Annas says he first met McDermott ten years ago, “And we’ve been trying to get him to join us ever since. I’ve always felt Meridian’s culture of partnership and customer loyalty was the perfect fit for his experience across the broad spectrum of commercial and industrial lending. He’ll be a great complement to our team and our ‘Continuum of Lending’ approach to helping our customers succeed.”
McDermott resides in the Lansdale area and will work out of Meridian’s Blue Bell, PA office.
About Meridian Corporation
Meridian Bank, the wholly owned subsidiary of Meridian Corporation, is an innovative community bank serving Pennsylvania, New Jersey, Delaware, Maryland and Florida. Through more than 20 offices, including bank branches and mortgage locations, Meridian offers a full suite of financial products and services. Meridian specializes in business and industrial lending, retail and commercial real estate lending, electronic payments and wealth management solutions through Meridian Wealth Partners. Meridian also offers a broad menu of high-yield depository products supported by robust online and mobile access. For additional information, visit our website at www.meridianbanker.com. Member FDIC. Equal Housing Lender.
Contact: Christopher J. Annas
484.568.5001
CAnnas@meridianbanker.com
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