“The opening of our first Centre1st branch in State College is the natural next step in our strategy to grow our bank into a high-performing regional financial institution that generates superior returns for shareholders over the long term,” said President and CEO Mark S. Merrill. “Our executives, board members and shareholders have strong ties to State College and Central Pennsylvania, and we see great opportunity here for a community bank that values long-lasting, personal relationships with local individuals, entrepreneurs and businesses.”
Centre1st’s team members, who are based in State College and have years of experience launching, building and leading community banks, include: President Jack Infield; Assistant Vice President, Retail Manager Cindy Conron; Vice President, Residential Lending Travis Corkery; Vice President, Commercial Lending Eric Kraytz; and Executive Assistant Jerilinn Stewart.
“We have been thrilled by the warm reception Centre1st has received from State College customers eager for a locally owned and managed community bank that shares their passion for this community,” Infield said. “I personally am very proud to be involved in bringing a true, relationship-based and service-oriented banking experience to individuals, families and businesses in my hometown. This is truly a community bank owned by the community.”
To support Centre1st’s growth in the region, the bank also announced the establishment of a Central Pennsylvania advisory board with more than 20 members committed to the local community, including chairman and State College business leader Brent Pasquinelli and Vice Chairman Sam Malizia, one of the original founders of Nittany Bank in State College.
Two non-executive members of the corporate board of directors of Centre1st’s parent company -- Daniel M. Harrington and Robert E. Poole, Jr. -- also have strong connections to the State College area.
Centre1st offers a full range of financial products and services, including commercial and consumer loans, treasury and cash management, merchant card services, debit and credit card services for personal and business accounts, as well as checking, saving, money market deposit accounts, certificates of deposit and individual retirement accounts. The bank also offers a comprehensive suite of online and mobile banking services for customers.
Those interested in learning more about Centre1st’s products and services can speak with a local banker in person at its 1276 North Atherton Street branch location or by phone at (814) 954-6045. More information is also available at odnbonline.com.
