DNB Financial Corporation has appointed James A. Malloy as its Chief Commercial Lending Officer.
Malloy joins DNB First with more than 30 years of commercial banking experience. In his new role, he will lead the bank’s Commercial Lending and Treasury Management teams.
“We’re thrilled to welcome a commercial lender of Jim Malloy’s caliber to our team,” said William J. Hieb, DNB First’s CEO. “He brings deep relationship management experience and knowledge of the Greater Philadelphia market to DNB First, and he’ll provide outstanding leadership to our Commercial Lending and Treasury Management teams.”
Malloy has held a number of senior management positions in commercial lending, with experience in sales, underwriting, regulatory compliance, and strategic planning. Most recently, he served as President and Chief Lending Officer for Conestoga Bank’s Commercial Banking Group, where he significantly increased loan production while instituting credit administration standards and portfolio management efficiencies.
“DNB First is known as a quality lender with an intense focus on customers and the community,” said Malloy. “I look forward to working with Bill and the team to deliver financing solutions and banking services that help businesses in our region grow and succeed.”