Friday, March 20, 2015

Bryn Mawr readying for move into midstate



While Bryn Mawr Bank Corp. is preparing to move into the Central Pennsylvania market, it's taking steps to make sure the transition is smooth.

The Philadelphia-area company, the bank holding company of Bryn Mawr Trust Co, has established a six-person advisory board of Central Pennsylvania residents and business leaders to guide the company on its midstate expansion.


Bryn Mawr Trust President and CEO Frank Leto said in December the company plans to expand its banking services into Central Pennsylvania, starting with a bank branch at its wealth management office in Derry Township in 2015.

The company bought the private wealth management arm of Hershey Trust Co. in 2011 and has been managing the office since then. It hasn’t had a banking office in the region, however.

The members of the advisory board are:

• Vance Antonacci, chairman of the estate planning practice group at McNees Wallace & Nurick LLC in Lancaster.
• Jacqueline M. Balthaser of Goldberg & Balthaser PC in Harrisburg.
• Rodrique Mortel, former associate dean and founding director of the Penn State University Cancer Center in Derry Township.
• John L. Myers, director of pediatric and congenital heart surgery and professor of surgery and pediatrics at Penn State Milton S. Hershey Medical Center.
• Elyse E. Rogers, partner at law firm Saidis Sullivan & Rogers in Lemoyne.
• Allen M. Wenger, former executive officer of Wenger Feeds in Lancaster County.

Bryn Mawr Bank Corp. trades on the NASDAQ exchange at BMTC and has $2.25 billion in assets.

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