Michael A. Penk
Senior Vice President

First National Bank of Elmer

Vice-President, Commercial Lending

• Manage a diverse $50 million portfolio including renewals, collections and financial tracking.
• Originated $4 million in new loans in the first three months.
• Represent the bank in various civic, business and community

Investors Bank Mt. Laurel, NJ

Vice-President –Business Lending 2013 - Present

• Comprehensive banking background in new business generation, analysis and commercial loan generation
• Manage a $60 million portfolio and consistently meet assigned annual goals in loans, fees and deposits.
• Awarded the Circle of Excellence Award 2014 for exceeding all goals by 25% or more.
  Introduce and continue to heighten bank’s visibility within a number of Southern NJ Business and Civic organizations.

Colonial Bank FSB                         

Vice-President Commercial Lending      2007 – 2013

• Originated and manage a mixed portfolio of C&I & RE loans with an outstanding balance of approximately $55MM
• Responsible for analysis and underwriting of new and existing loan relationships, renewals and modifications for
  presentation at weekly loan committee meetings and monthly Board of Directors meetings.
• Represent the bank in various business, civic and community functions and organizations.

Minotola National Bank

Vice-President Commercial Lending        2002-2007

• Primary responsibility was establishment and development of the Bank’s commercial loan portfolio.
• Consistently exceeded the annual goals for loan and deposit growth and fee income.