Announcement

Century Savings Bank Names Dave Hanrahan, President; Joe Rehm, Senior Vice President of Commercial Lending

The position of president and CEO, currently held by David J. Hemple, has been separated into two positions.

Keith Griffin

February 25, 2020

Century Savings Bank, based in Vineland, N.J., has announced the hiring of David J. Hanrahan as president and Joseph F. Rehm as senior vice president of commercial lending. The position of president and CEO, currently held by David J. Hemple, has been separated into two positions. Hemple will continue in his role as CEO.

According to an announcement from the bank, these additions to the leadership team align with the strategic plan for the ongoing success and expansion of the commercial lending division of the bank and to further demonstrate its dedication to continuous improvement throughout the organization.

Hanrahan, a banking veteran with over 32 years of experience, was the founding president and CEO of Capital Bank of New Jersey, a de novo bank formed in 2007 in Vineland, New Jersey. Prior to becoming president and CEO of Capital Bank, Hanrahan spent 16 years at The Bank of Gloucester County, now part of Fulton Bank of New Jersey. In 2010, he was recognized by the New Jersey Bankers Association as a New Leader in Banking. In 2013, he was named an executive of the year by South Jersey Biz magazine in 2013.

With more than 20 years of banking experience, Rehm was a member of the initial management team for Capital Bank of New Jersey. During his tenure, his responsibilities included: vice president – loan officer, Gloucester County market manager, senior vice president loan officer, CRA officer, and executive vice president / chief lending officer – a position he held until the bank sold in January of 2019

Read the full press release

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