SNJ Business People

Current Challenges & Credit Strategies in the Southern New Jersey and Greater Philadelphia Marketplace

07/28/09

  Recently,  The Southern New Jersey RMA Presented a Chief Credit/Lending Officer Panel Discussion on Current Challenges & Credit Strategies in the Southern New Jersey and greater Philadelphia Marketplace. The panel included: George Robostello, Executive V.P. from The Bank, Barbara Fouss, Senior V.P.  from Sun National Bank Rich Meyers, Senior V.P. From Firstrust Bank, Michael Caron , Senior V.P. from Susquehanna Bank, Colleen Connell Chief Credit Officer and E.V.P. From Cornerstone Bank.
The event was held at the Tavistock Country Club  in Haddonfield, NJ 08033 
Southern New Jersey RMA Chapter President Robert R. Kugler (who was the moderator of the Panel) wrote “there was a pervasive feeling of “we can get through this, if we only work through each credit correctly” Of course it is the “correctly part that is the challenge”.
  There was active participation from the audience and many curious Bankers learned what area Banks are doing and concentrating on to resolve and anticipate upcoming problems in their respective portfolios. SJ Chapter President Robert R. Kugler wrote “through the RMA’s many educational offerings the sole purpose of making the Commercial bankers life easier by providing the benefit of experience of what works and what to avoid. Though today’s environment is unquestionably unique the RMA underlying principles has sustained lenders through past economic downturns”. 

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