Oak Ridge, N.J. – APRIL 14, 2015 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following officer appointment for the Bank’s new Hudson Valley Loan Production Office.
John F. Rath, III to Senior Vice President, Group Leader of the Hudson Valley Loan Production Office and Middle Market Commercial & Industrial Lending which will be based at a new location to be opened in the Hudson Valley area. Rath and his team will concentrate on developing new relationships in the Hudson Valley, which includes Orange, Dutchess, Ulster, Rockland, Westchester and Sullivan counties to support the Bank’s focus to provide business banking solutions in markets adjacent to its existing footprint. Bringing over 35 years of banking and commercial lending experience to Lakeland Bank, Rath was previously with TD Bank as Senior Vice President and Group Manager for Corporate, Middle Market, Commercial and Small Business lending activities in the Lower Hudson Valley region. Prior to that, he was with The Bank of New York for 18 years where he held various positions. Rath is a current Board member and past Chairman for Hudson Valley Pattern for Progress and a Board member for Hospice of Orange and Sullivan Counties, the SUNY Orange Foundation, and the Hudson Valley Economic Development Corp. A member of the Advisory Board for the Food Bank of the Hudson Valley for twenty five years and Chairman for ten years, he was Co-Chairman of their Capital Campaign. Prior involvements include Chairman of the Board of Trustees for Vassar Brothers Medical Center, and Chairman and Board member of the Orange County Private Industry Council. Rath is a long-time resident of Newburgh, N.Y.
About Lakeland Bank
Lakeland Bancorp (NASDAQ: LBAI), the holding company for Lakeland Bank, has $3.5 billion in total assets with 51 offices spanning eight northern New Jersey counties: Bergen, Essex, Morris, Passaic, Somerset, Sussex, Union and Warren. Lakeland Bank, headquartered in Oak Ridge, offers an extensive array of consumer and commercial products and services, including online and mobile banking, localized commercial lending teams, an expanded residential mortgage lending platform and 24-hour-or-less turnaround on consumer loan applications. For more information about the full line of products and services, visit LakelandBank.com.
