First Resource Bank has promoted Executive Vice President and Chief Financial Officer Lauren Ranalli to the position of President and CFO.

This appointment comes at the recommendation of longtime business partner and First Resource Bank CEO Glenn Marshall. In this elevated role, effective Jan. 1, Ranalli will oversee daily management of the bank, in addition to her current duties as CFO.

“Lauren has been a cornerstone of the bank’s foundation and a trusted business partner since the bank’s formation nearly 15 years ago,” said Marshall. “I am so pleased to announce her appointment by our Board of Directors to President of First Resource Bank. Lauren’s expanding leadership within the bank will immensely benefit our customers, shareholders, and employees, as she evolves our service delivery platform, which will be a key driver in the bank’s future growth.”

“After co-founding the bank with Glenn and serving as CFO for 15 years, I am confident we have built a solid foundation with a solid team,” said Ranalli. “I am thrilled to take on this expanded role at First Resource Bank and to continue playing an integral part in the bank’s future growth and success.

“Having earned the reputation as the ‘best bank’ in our market area, we have a lot of opportunity to continue to thrive in southeastern Pennsylvania, and I’m honored to lead our team as President as we make the most of these opportunities.”

Click here to learn more about First Resource Bank.

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