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. Banmiller has been President and Chief Executive Officer of the Bank since its opening in June 2000. Previously, he was Regional President of Hudson United Bank from August 1998 until September 1999. He served as a director and President of Community National Bank of New Jersey from its formation in 1987 until its acquisition by Hudson United Bank in August 1998. Mr. Banmiller was appointed by the New Jersey Supreme Court to serve as a Trustee of Funds held by the State of New Jersey for the IOLTA program and recently served as a member of the Board of Directors of the New Jersey Bankers Association. He is married to Frances Verna and has three daughters and five grandchildren.
Gerard M. Banmiller
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
Mr. Silvi joined 1st Colonial in 2007 as Senior Vice President and started the Residential Lending Division at the Bank. He rose to the level of Executive Vice President and Senior Credit Administrator of the Bank in November 2015. Since 1997, he has served as Treasurer for the Builder’s League of South Jersey. Mr. Silvi resides in Cherry Hill with his wife and three children.
Jerry J. Silvi
Executive Vice President & Senior Credit Administrator
Since 2002, Ms. Clark has been part of the 1stColonial team holding various positions before becoming Senior Vice President in 2005. She held that position until December 2016. Since then, with more than 40 years of banking experience, she has served as Executive Vice President of Deposit Operations. Residing in Deptford, Ms. Clark has one daughter and 2 grandchildren. She enjoys spending time with her friends and family and is actively involved in autism awareness.
Irene H. Clark
Executive Vice President of Deposit Operations
Ms. Shea was appointed Senior Vice President and Chief Financial Officer of the Bank in June 2017. 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
Senior Vice President & CFO
1040 Haddon Avenue
Administrative & Lending Office
210 Lake Drive East, Suite 300
Cherry Hill - 856-885-2042
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