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    Sun Bancorp Inc. (SNBC)

    18.19 Down 0.17(0.93%) 4:00PM EST
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    Sun Bancorp Inc.
    350 Fellowship Road
    Suite 101
    Mount Laurel, NJ 08054
    United States - Map
    Website: http://www.sunnb.com

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

    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.

    Key Statistics

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    Corporate Governance 
    Sun Bancorp Inc.’s ISS Governance QuickScore as of Mar 1, 2015 is 7. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 3; Compensation: 9.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Bernard A. Brown , 90
    Founder and Chairman Emeritus
    Mr. Thomas X. Geisel , 54
    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 , 48
    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., 61
    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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