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Sunday, November 29, 2009, 8:34PM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Sun Bancorp Inc. (SNBC)On Nov 27: 3.60  Down 0.21 (5.51%)  
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Sun Bancorp Inc.
226 Landis Avenue
Vineland, NJ 08360
United States - Map
Phone: 856-691-7700
Fax: 856-691-9187
Web Site: http://www.sunnb.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:667

BUSINESS SUMMARY 
Sun Bancorp, Inc. operates as the bank holding company for Sun National Bank that provides a range of commercial and retail banking products and services in the United States. The company accepts various deposit products, including checking accounts, savings accounts, money market deposits, certificates of deposit, and individual retirement accounts, as well as business checking accounts. Its lending services include term loans and lines of credit, mortgage loans, construction loans, and equipment leasing for businesses; and residential mortgage and construction loans, second mortgage loans, home equity loans, and installment loans for consumers. The company also offers cash management services, such as electronic banking, sweep accounts, lockbox services, Internet banking, remote deposit, and controlled disbursement services; and mutual funds, securities brokerage, annuities, and investment advisory services through a third-party arrangement. As of December 31, 2008, it operated in 70 locations, including 62 community banking centers in New Jersey; and 5 commercial lending centers, including 1 located in Wilmington, Delaware. The company was founded in 1985 and is headquartered in Vineland, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Sun Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 28.3% of Russell 3000 companies and 42.1% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Thomas X. Geisel , 48
    Chief Exec. officer, Pres, Director, Chief Exec. Officer of Sun National Bank, Pres of Sun National Bank of Sun National Bank
    $ 740.00K $ 0
    Mr. Sidney R. Brown , 51
    Vice Chairman, Sec., Treasurer of Sun Nation Bank
    $ 185.00K $ 1.01M
    Mr. Dan A. Chila CPA, 60
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Sun National Bank, Principal Accounting Officer of Sun National Bank, Exec. VP of Sun National Bank and Cashier of Sun National Bank
    $ 309.00K $ 0
    Mr. A. Bruce Dansbury , 55
    Chief Operating Officer, Chief Credit Policy Officer, Exec. VP, Chief Operating Officer of Sun National Bank, Chief Credit Policy Officer of Sun National Bank and Exec. VP of Bus. Banking - Sun National Bank
    $ 320.00K $ 0
    Mr. Bart A. Speziali , 58
    Exec. VP, Exec. VP of Sun National Bank and Sr. Lending Officer of Sun National Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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