Meridian Bank has officially announced the recruitment of Christopher E. McDermott as its new Senior Vice President for Commercial Lending. This move comes as the bank seeks to strengthen its service offerings in Bucks and Montgomery Counties. McDermott, who boasts an impressive banking career starting directly from high school, has accumulated extensive experience in commercial and industrial lending. His career, which kicked off at Girard Bank, saw him ascend through the ranks as he pursued a degree in finance from LaSalle College, eventually specializing in commercial lending. He has been instrumental in leading commercial lending teams, particularly during an era marked by significant mergers and acquisitions in the Philadelphia area. Chris Annas, founder and CEO of Meridian, expressed his longstanding intent to recruit McDermott, citing the bank’s culture of partnership and customer loyalty as being congruous with McDermott’s expertise. McDermott is expected to contribute substantially to the bank’s Continuum of Lending approach, which is focused on customer success. McDermott will be operating out of Meridian’s Blue Bell, PA, office. Meridian Bank is part of Meridian Corporation, a community-focused bank operating in multiple states, known for its diversified financial services including business and industrial lending, electronic payments, wealth management, and high-yield depository products, as well as possessing a strong online and mobile presence.

Commercial Banking, Consumer Banking, Wealth Management, Electronic Payments,Pennsylvania, USA, Bucks and Montgomery Counties, USA

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