The April acquisition of National Penn Bancshares by BB&T Bancorp has not been smooth sailing as the new owner just lost another lending team, this time to startup Covenant Bank, writes Jeff Blumenthal for Philadelphia Business Journal.

Taking over as the new President and Chief Operating Officer at Covenant is former National Penn’s Eastern Region President, Blair Rush.

National Penn commercial lenders Earl Clevenstine, Robert S. Kile, Cynthia Zamroz, and Patrick Tramontano will also be joining Rush at Covenant.

In addition to the five-person lending team, Covenant has also added Jay Power and Meghan Yarnall from Malvern Bancorp. A veteran of Customers Bank, Conestoga Bank, and Univest Bank, Power became Chief Lending Officer at Malvern in May last year, after joining the company as a commercial lender in summer 2014.

Power left two months ago when he was replaced by William J. Boylan.

According to Covenant CEO, John Spier, Power and Yarnall will be based in the loan production office in Paoli. With most of the bank’s clientele located in Bucks and Montgomery County, the addition of Chester County and the Main Line provides Covenant with capabilities in the three wealthiest counties in Pennsylvania.

These latest defections come hot on the heels of People’s Security Bank from Scranton hiring teams from both National Penn and Susquehanna to launch local loan production offices. Additionally, Fulton Bank welcomed Susquehanna’s Lynn Ozer with the bulk of her Small Business Administration lending team, while National Penn Director of Cash Management, Timothy Snyder, has joined Berks County’s Fleetwood Bank as the new CEO.

Read more about the changes at Philadelphia Business Journal here, and check out previous VISTA Today coverage of BB&T here.