DNB Financial Makes Company History, Nominates Two Women to Board

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For the first time in the 156-year history of DNB Financial, two women have been nominated for positions on the Board of Directors.

And their resumes are almost as long as a Who’s Who in America volume.

Mildred C. Joyner (Photo by Bob Laramie)
Mildred C. Joyner (Photo by Bob Laramie)

Mildred C. Joyner, 66, currently serves as a member of the Wealth Management, Nominating and Corporate Governance, and Audit Committees. She has been the President of MCJ Consultants since January 2011, and is an Emeritus Professor of Social Work at West Chester University, where she started her teaching career in 1979.

Joyner was elected in 2015 as Vice President of the National Association of Social Workers (NASW), an organization that serves more than 130,000 members throughout the country. She also serves on the boards of the Chester County Food Bank, the Dana-Farber Cancer Institute’s SoulMates program (Boston), and the Congressional Research Institute for Social Work and Policy (Washington, D.C.).

“We believe that Ms. Joyner’s background in community-based service provides the Board with a unique perspective and insight regarding the needs of local consumers, and strengthens the Board’s collective qualifications, skills, and experience,” an official statement from the bank read.

Mary D. Latoff, 60, is currently a member of the Wealth Management and Board Loan Committees. She has held various positions with the Chester County Youth Center, and is a former financial officer for the county’s Department of Human Services, which assists individuals and families achieve safety, independence, and self-sufficiency.

“We believe that Ms. Latoff’s qualifications to serve on the Board include her financial experience and knowledge acquired during her tenure with Chester County’s Department of Human Services,” the statement said. “And as such, she will provide the board with a greater understanding of the County’s socioeconomic issues.”

Since 1860, DNB Financial, parent company of DNB First, has been helping individuals, families, and businesses reach their financial goals. As the oldest national bank in the Philadelphia region, DNB Financial is committed to helping build businesses, dreams, and stronger communities. It has branches throughout Chester County and Delaware County.

The following is DNB Financial’s Annual Report for 2015. As you will read, despite an uneven economic environment,

  • DNB’s wealth management assets increased 16.9 percent to $191.5 million.
  • DNB continues to maintain strong capital ratios.
  • The net income available to common stockholders increased.
  • Total loans increased 5.7 percent.
  • DNB’s one-year stock appreciation was 36.6 percent.

DNBF 2015 Annual Report

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