October 26, 2016 12:56 AM ET


Company Overview of Sun National Bank

Company Overview

Sun National Bank provides personal and business banking products and services to customers in New Jersey. The company offers checking accounts, savings accounts, money market accounts, and Visa debit and credit cards. It also provides loans, such as business term loans, business lines of credit, commercial mortgage, small business administration loans, real estate loans, and equipment financing; wealth management services, including investment planning, estate tax planning, business succession planning, private banking, retirement planning, and college planning; and online banking, card services, and cash management services. The company was founded in 1985 and is based in Vineland, New Jer...

226 West Landis Avenue

Vineland, NJ 08360

United States

Founded in 1985





Key Executives for Sun National Bank

Chief Executive Officer, President, Director, Chief Executive Officer of Sun Bancorp Inc, President of Sun Bancorp Inc and Director of Sun Bancorp Inc
Age: 66
Chief Financial Officer and Executive Vice President
Age: 49
Chief Administrative Officer and Executive Vice President
Age: 46
Executive Vice President, General Counsel, Executive Vice President of Sun Bancorp, Inc. and General Counsel of Sun Bancorp, Inc.
Age: 55
Senior Vice President and Director of Marketing
Compensation as of Fiscal Year 2016.

Sun National Bank Key Developments

Philip A. Norcross Resigns from the Boards of Directors of Sun Bancorp, Inc. and Sun National Bank

Philip A. Norcross informed the Boards of Directors of Sun Bancorp Inc. (the “company”) and its wholly-owned subsidiary, Sun National Bank (the “Bank”), that effective March 23, 2016, he was resigning from the Boards of Directors of the company and the Bank to focus his time and effort on other initiatives.

Sun National Bank Announces Resignation of Alberino J. Celini as Executive Vice President and Chief Risk Officer, Effective from of March 18, 2016

On March 3, 2016, Sun Bancorp Inc. announced that Alberino J. Celini, Executive Vice President and Chief Risk Officer of Sun National Bank, will resign to pursue other interests, effective as of March 18, 2016. In connection with the resignation of Mr. Celini as Chief Risk Officer, the functions, duties and responsibilities of the Chief Risk Officer position will be reassigned to existing officers, including the General Counsel, Chief Credit Officer, Chief Compliance Officer and Chief Administrative Officer.

Sun National Bank Enters into a Consent Order with the Office of the Comptroller of the Currency to Pay a $25,000 Civil Money Penalty Related to Former Sun Home Loans Division

Sun Bancorp Inc. announced that without admitting or denying any wrongdoing, Sun National Bank entered into a consent order with the Office of the Comptroller of the Currency to pay a $25,000 civil money penalty in connection with various deficiencies identified by the Office of the Comptroller of the Currency in the mortgage banking practices of Sun Home Loans, a former division of the Bank, which was closed in July 2014 when the Bank exited the residential mortgage lending business as part of a comprehensive strategic restructuring. The identified deficiencies occurred from July 2011 through September 2013.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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