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As our bank continues to grow, so does the need to add experienced and knowledgeable staff. Our management team consists of banking experts with years of experience dedicated to providing the best financial solutions and service possible to meet the needs of our valued customers.
Mr. White joined 1st Colonial on February 3rd, 2020, serving as President and CEO. Mr. White has spent 33 years in the banking and commercial finance industry, most recently serving as Chief Risk Officer at Customers Bank, an $11.5 billion asset bank headquartered in Wyomissing, PA. During his nine-and half-year tenure at Customers, he also served as President of Special Assets and Director of Corporate Development. He currently serves on the advisory board of the Fischer-Shain Center for Financial Services, Fox School of Business and Management at Temple University. Mr. White has been married to his wife, Kimberly, for 34 years and has two adult children. He enjoys playing golf and spending time at the beach.
Robert B. White
President & CEO
Mr. Monaghan has served as Executive Vice President and Chief Operating Officer of the Bank since July 2016. Joining the bank in 2005, he has served as Senior Vice President and Chief Operating Officer, as well as Senior Vice President and Chief Financial Officer. Mr. Monaghan enjoys golf, the beach and watching his children play sports. He currently serves as Treasurer for the Haddon Heights Youth Association. Mr. Monaghan resides in Haddon Heights with his wife and two children.
Frank J. Monaghan
Executive Vice President & COO
Ms. Shea was appointed Executive Vice President and Chief Financial Officer of the bank in June 2020. Joining the bank in 2017, she has served as Senior Vice President and Chief Financial Officer. From 2008 to June 2017, she was with Royal Bank America where she served as the Controller before rising to Chief Accounting Officer. A graduate of Boston College, Ms. Shea has more than 25 years in the banking industry. She resides in Williamstown with her husband, three children and mother, and enjoys going to her children’s ice hockey games, as well as theater and choir performances.
Mary Kay Shea
Executive Vice President & CFO
Ms. Kraemer joined 1st Colonial Community Bank in 2016 and was appointed Senior Vice President and Director of Human Resources in July of 2020. Ms. Kraemer has 10 years of banking industry experience and previously worked with Goldman Sachs and ICS Compliance. She has a master’s degree in Human Services Administration from Rider University, a bachelor’s degree from The College of New Jersey and a Professional in Human Resources (PHR) Certification from the HR Certification Institute. Ms. Kraemer resides with her husband, two children and mother in Woolwich Township and she enjoys traveling and spending time at the lake with her family.
Michele M. Kraemer, MHSA, PHR
Senior Vice President & Director of Human Resources
1040 Haddon Avenue
Administrative & Lending Office
210 Lake Drive East, Suite 300
Cherry Hill - 856-885-2042
Loan Production Office
205 N. Haddon Avenue
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