Sun National Bank Names Farrell, Forleiter & Schoener to New Lending Team in Central New Jersey

MOUNT LAUREL, N.J., June 10, 2014 /PRNewswire/ -- Sun National Bank has grown its commercial lending team to expand its focus in Central New Jersey.  The bank has appointed Patrick Farrell Senior Vice President and Regional Manager to lead the new territory.  Steven Forleiter has been named Senior Vice President and Senior Relationship Manager, and Brian Schoener has been named Vice President and Relationship Manager of this Central New Jersey commercial lending team.  Experienced lenders who are well-known in the regional banking industry and business community, Farrell, Forleiter and Schoener will develop business and manage commercial client relationships in Mercer, Somerset and Hunterdon Counties.

Patrick Farrell is an accomplished financial services leader with more than 25 years of experience in commercial and consumer banking.  Before joining Sun, he held progressive leadership roles at TD Bank, including national sales manager of the healthcare professionals group and regional vice president of commercial, small business and retail lending in Central New Jersey.  Earlier in his career, he was a commercial lender at the former Summit Bank and CoreStates Bank.  Farrell was recently named to the Credit Committee for Regional Business Assistance Corp.  He is active with the chambers of commerce in Princeton and Mercer County and is a past board member of the Hamilton Partnership and the Princeton Chamber of Commerce.  Farrell is also treasurer and a member of the board of directors of Princeton Pop Warner Football.

Steven Forleiter, who has more than 25 years in the commercial banking industry, is a former vice president and senior business development officer with Webster Business Credit Corp.  In that role he developed new business and served clients throughout Central and Southern New Jersey as well as Pennsylvania.  In the past, Forleiter served on commercial lending teams at TD Bank, PNC Bank and Trust Company Bank of New Jersey (North Fork Bank).  Forleiter is a member of the Association of Mergers & Acquisition Alliance, the Risk Management Association and Garden State Credit Associates.

Brian Schoener was a vice president and relationship manager in commercial lending at M&T Bank, with a territory of Central N.J., based out of Princeton, before joining Sun National Bank.  He also spent 15 years at TD Bank /Commerce Bank, where he was named "#1 Small Business Relationship Manager" in TD Bank's entire footprint for three consecutive years and also held progressively responsible positions in retail banking.  Schoener has been an active member on the Central New Jersey board of directors of Junior Achievement of New Jersey and an active member of the Mid Jersey Chamber of Commerce. 

"Pat, Steve and Brian all have a dedication to client service and a record of achievement in commercial lending, and we welcome them to the Sun team," said Brad Fouss, Executive Vice President and Director of Wholesale Banking, Sun National Bank.  "We established this new team to capitalize on our success in this region and are eager to serve the wide range of commercial lending needs of companies in Central New Jersey.  We look forward to enhancing the service we provide to existing customers here and to introducing new clients to Sun's unique competitive advantage."

Patrick Farrell added, "Steve, Brian and I have all worked together in the past, serving the needs of businesses here in Central Jersey, and we are thrilled to team up again to provide a premium level of personal service, customized solutions and local market insights to benefit our clients in the region."

The lending professionals at Sun National Bank offer the best of both worlds – the experience, knowledge, products and services of a big bank, combined with the local relationships, market knowledge and accessibility of a community bank.  The bank serves commercial customers in all 21 counties in New Jersey as well as New York, Pennsylvania and Delaware. 

About Sun
Sun Bancorp, Inc. (NASDAQ: SNBC) is a $3.04 billion asset bank holding company headquartered in Vineland, New Jersey, with its executive offices located in Mount Laurel, New Jersey. Its primary subsidiary is Sun National Bank, a full service commercial bank serving customers through 50-plus locations in New Jersey.  Sun National Bank is an Equal Housing Lender, and its deposits are insured up to the legal maximum by the Federal Deposit Insurance Corporation (FDIC). For more information about Sun National Bank and Sun Bancorp, Inc., visit www.sunnationalbank.com.

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SOURCE Sun National Bank