Meridian Bank Appoints Christopher E. McDermott as Senior VP of Commercial Lending

Meridian Bank appoints Christopher E. McDermott as Senior Vice President, Commercial Lending, to serve business customers in Bucks and Montgomery Counties. McDermott brings extensive experience in commercial lending and will lead the bank's commercial lending team from its Blue Bell office.

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Nitish Verma
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Meridian Bank Appoints Christopher E. McDermott as Senior VP of Commercial Lending

Meridian Bank Appoints Christopher E. McDermott as Senior VP of Commercial Lending

Meridian Bank has appointed Christopher E. McDermott as Senior Vice President, Commercial Lending, to serve business customers in Bucks and Montgomery Counties. McDermott brings extensive experience to the role, having started his banking career as a Clerk at Girard Bank and advancing through the organization while earning a Finance degree from LaSalle College.

Why this matters: The appointment of Christopher E. McDermott as Senior Vice President of Commercial Lending reflects Meridian Bank's commitment to providing top-tier banking services to businesses in the Philadelphia region, which can have a positive impact on the local economy. This move also highlights the importance of experienced leadership in the banking industry, particularly in times of economic uncertainty.

Throughout his career, McDermott has established, built, and led commercial lending teams, working with both large and small institutions in the Philadelphia region. He will join the Meridian Commercial Lending Team and be based out of Meridian's Blue Bell office.

Meridian Founder and CEO Chris Annas expressed confidence in McDermott's fit with the bank's culture, stating, "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, who resides in the Lansdale area, will leverage his expertise to serve Meridian's customers in Bucks and Montgomery Counties. Meridian Bank, a wholly owned subsidiary of Meridian Corporation, is an innovative community bank with over 20 offices serving Pennsylvania, New Jersey, Delaware, Maryland, and Florida.

The appointment of Christopher E. McDermott as Senior Vice President of Commercial Lending reflects Meridian Bank's commitment to providing top-tier banking services to businesses in the Philadelphia region. With McDermott's wealth of experience and the bank's customer-centric approach, Meridian is well-positioned to continue supporting the financial needs of its commercial clients.

Key Takeaways

  • Meridian Bank appoints Christopher E. McDermott as SVP, Commercial Lending.
  • McDermott brings extensive experience in commercial lending to the role.
  • He will serve business customers in Bucks and Montgomery Counties.
  • McDermott will lead commercial lending teams from Meridian's Blue Bell office.
  • Meridian Bank aims to provide top-tier banking services to Philadelphia region businesses.