Century Savings Bank in Vineland, N.J., has a new CEO.
The $600 million-asset bank said in a press release that David Hanrahan has succeeded David Hemple as CEO. Hanrahan was hired to serve as the bank’s president in February 2020.
“I leave the bank with the same sense of optimism that marked the start of my time in this role,” Hemple said in the release.
“I am confident that Dave Hanrahan will constructively guide the bank through the next phase of its growth and development,” Hemple added. “He is a results-driven and proven leader who shares values that are aligned with those of the bank.”
Century said Hemple had become its chairman, succeeding Carl Kirstein, who retired.
Hanrahan joined Century after serving as president and CEO of Capital Bank of New Jersey, which was sold to OceanFirst Financial.