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Sun Bancorp Inc. (SNBC)

18.00 Down 0.11(0.58%) 10:46AM EDT - Nasdaq Real Time Price
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Sun Bancorp Inc.
350 Fellowship Road
Suite 101
Mount Laurel, NJ 08054
United States - Map

Index Membership:N/A
Industry:Regional - Northeast Banks
Full Time Employees:631

Business Summary 

Sun Bancorp, Inc. operates as the holding company for Sun National Bank that provides various commercial and consumer banking services in New Jersey. The company offers various deposit instruments consisting of checking accounts, savings accounts, money market accounts, certificates of deposits, and individual retirement accounts, as well as business checking accounts. Its loan portfolio includes commercial and industrial loans, such as short-term and long-term business loans, lines of credit, mortgage loans on commercial real estate, and construction loans to developers and builders; residential mortgage loans, residential construction loans, home equity term loans, home equity lines of credit, and installment loans; consumer loans; and small business loans. The company also provides cash management services comprising electronic banking, sweep accounts, lockbox services, merchant services, online banking services, and remote deposit and controlled disbursement services; investment services, including insurance, annuities, mutual funds, securities brokerage, real estate investment trusts, and investment advisory services; and equipment leasing services. As of April 21, 2014, it operated a network of approximately 50 locations in New Jersey. Sun Bancorp, Inc. was founded in 1985 and is headquartered in Mount Laurel, New Jersey.

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Corporate Governance 
Sun Bancorp Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 6. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 3; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Bernard A. Brown , 89
Founder and Chairman Emeritus
Mr. Thomas X. Geisel , 53
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Sun National Bank, Pres of Sun National Bank and Director of Sun National Bank
Mr. Thomas R. Brugger , 47
Chief Financial Officer, Exec. VP, Chief Financial Officer of Sun National Bank and Exec. VP of Sun National Bank
Mr. Alberino J. Celini ,
Chief Risk Officer and Exec. VP of Credit, Operational & Market Risk Management
Mr. Peter Galetto Jr., 60
Sec., Director, Chairman of Risk Committee, Member of Exec. Committee, Member of Audit Committee and Director of Sun National Bank
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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