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Meridian Bank, N.A. Prepares for Expansion With Changes in Executive Leadership

Posted : Tue, 17 Jun 2008 14:12:15 GMT
Author : Meridian Bank, N.A.
Category : Press Release
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PHOENIX, June 17 AZ-Meridian-Bank
PHOENIX, June 17 /PRNewswire/ -- Meridian Bank, N.A., announced today that Julie Raymond has joined Meridian Bank Arizona as Executive Vice President and Chief Administrative Officer. In her new position, Raymond will work closely with Len LaBrie who was promoted to Executive Vice President of Arizona Banking.
In this important role, Raymond will be responsible for providing strategic direction and support to the leaders of the bank's Operations, Client Services, Human Resources, Marketing and Consumer Administration areas. Raymond, along with LaBrie and Mike Done, President of Commercial Real Estate, will work in continuing to build the Arizona market through existing strategies and new initiatives.
Raymond joins Meridian Bank after holding a similar role for the last four years at First National Bank of Arizona as Executive Vice President and Chief Administrative Officer. Previously, Raymond held the position of Executive Vice President, Director of Branch Administration at National Bank of Arizona where she was responsible for Retail Banking, and providing leadership to marketing and enterprise initiatives. Raymond spent 13 years with National Bank of Arizona, directing the bank's growth from 5 to 52 branches.
Her background and experience are an exceptional fit with the Meridian Bank's needs as it expands its sales and service culture, opens new offices, introduces new products and services to build the Meridian brand.
Raymond has a Bachelor's of Science degree in Applied Management from Grand Canyon University and is a graduate of the Pacific Coast Banking School. In the community, she volunteers her time with the Glendale Police Department's Victim Assistance Program. In this capacity she provides crisis intervention services and victim rights information to victims of crime in addition to co-facilitating RAD (women's self defense) classes. She also is involved with the Arizona Foundation for Women, an organization that focuses on the prevention and intervention of domestic violence and child abuse.
LaBrie, now in the key position of Executive Vice President of Arizona Banking, will be responsible for branches in Arizona while he continues to manage the East Region. He will work closely with other senior managers to maximize the sales and service effectiveness of other branches. LaBrie will also take over as Chairman of Loan Committee. LaBrie has been with Meridian Bank since 1996.
"With the addition of Julie Raymond and the promotion of Len LaBrie to these executive leadership roles, Meridian Bank Arizona is positioned to take advantage of growth opportunities in our markets," said Doug Hile, Chairman and CEO of Meridian Bank, N.A. "In these uncertain times in the economy, Meridian has the benefit of an exceptionally strong capital base and diversified earnings. We expect to thrive in spite of the challenges in the financial sector today by continuing our focus on developing excellent customer relationships and community partnerships. Julie and Len share this focus and they will lead us to new levels of success."
Meridian Bank, N.A. located in Phoenix, Arizona, offers commercial lending to small businesses and real estate developers as well as community based lending, deposit and investment products. Meridian, meaning "the utmost" or "the highest degree" reflects their "mission to provide banking to the highest degree of service, professionalism, products and partnerships within the communities."
Meridian Bank has nine offices in and around the Phoenix area. The bank has total assets of $2.2 billion with a loan portfolio of $1.8 billion and deposits of $1.6 billion. For more information, visit www.meridianbank.com.
SOURCE Meridian Bank, N.A.

Copyright © 2008 PR Newswire. All rights reserved.




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