Phoenixville, PA (PRWEB) August 28, 2009
New Century Bank, with branches in the Chester and Delaware County suburbs of Philadelphia, is changing the way that they meet customer expectations and that includes the compelling addition of President of Community Banking, Warren Taylor.
This month the Bank appointed Taylor as Executive Vice President and President of Community Banking, where he will focus on expanding the role of the New Century Bank branches and how effectively the Bank reaches and services consumers.
Earlier this month the Bank raised more than $17 million in a private placement for equity capital and named former Sovereign Bancorp CEO, Jay Sidhu as New Century Bank Chairman and CEO. This week the Bank named Dick Ehst President and COO, another former Sovereign executive.
Prior to his current position at the twelve-year-old New Century Bank, Taylor was a Division President at Sovereign Bank where he was responsible for retail banking in several key markets in Pennsylvania and all of New Jersey.
"It is a pleasure to have someone with Warren's abilities on our team," offered Sidhu. "I have worked with Warren for twenty years and he has consistently led a team that produced some of the highest loan and deposit growth results for Sovereign Bank."
Taylor was a part of the Sovereign Bank team since 1989 where he effectively created a positive team sales culture of highly motivated, results oriented, team members while actively promoting customer loyalty and satisfaction.
"Warren is committed to bringing New Century Bank to the customer, and consistently bringing top talent and positive growth to New Century Bank," added Sidhu.
Prior to Sovereign Bank, Taylor was CEO of Yardley Bank for Savings where, in 1987, he was instrumental in converting the savings and loan from mutual ownership to shareholder ownership with an initial offering of $10 per share. In 1989 Sovereign Bancorp bought Yardley Bank for Savings for $28 per share.
"Nobody works harder for your money than we do," comments Taylor on New Century Bank's new mission and, in fact, that sentiment has become the Bank's new tagline. "We are committed to helping customers save time and money while making them money, lending them money and protecting their money."
Pennsylvania's New Century Bank, with branches in Phoenixville, Kimberton, Malvern, Newtown Square and Wayne, has been a full-service, community bank since opening in 1997. Actively supporting community events and causes, New Century Bank is locally owned and administered. For more information visit New Century Bank online at http://www.newcenturybank.com.