DNBF - DNB Financial Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

DNB Financial Corporation

4 Brandywine Avenue
Downingtown, PA 19335
United States
610-269-1040
http://www.dnbfirst.com

SectorFinancial Services
IndustryBanks—Regional
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. William J. HiebPres, CEO & Director587.97kN/A1957
Mr. Gerald F. SoppExec. VP, Corp. Sec. & CFO466.18kN/A1957
Mr. Bruce E. MoroneyExec. VP, Chief Accounting Officer & Assistant Corp. Sec.206.38kN/A1957
Mr. James A. MalloyExec. VP & Chief Commercial Lending OfficerN/AN/A1962
Mr. Frank S. MonterossoSr. VP & Director of OperationsN/AN/AN/A
Amounts are as of December 31, 2018 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.

Description

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses. The company offers deposit products, including money market, savings, demand, and NOW accounts; and time deposits, as well as certificates of deposit, including IRAs and brokered deposits. It also provides loan products comprising fixed and variable rate loans; funds for the purchase of business property or ventures, working capital lines, small business administration loans, and lease financing for equipment and for various other purposes; and home equity and home mortgages, as well as term loans for the purchase of consumer goods. In addition, it offers cash management, remote capture, Internet banking, letters of credit, and other lending services, as well as commercial sweep accounts; and various investment and insurance products, such as fixed and variable annuities, 401(k) plans and rollovers, stocks, self-directed and managed IRAs, bonds, mutual funds, brokerage, long term care insurance, 529 college savings plans, life insurance, separately managed investment accounts, disability insurance, and self-employed pension plans. Further, the company provides wealth management and trust services to individuals, businesses, and non-profit organizations; investment and fiduciary services, such as investment management, investment advisory, estate settlement, client bill paying, custody, financial planning, corporate trustee/trust administration, and power of attorney and guardian of the estate capacities; and safekeeping and other depository services, as well as securities brokerage and ATM services. It operates through 15 community offices located in Chester, Delaware, and Philadelphia counties, Pennsylvania. The company was founded in 1860 and is headquartered in Downingtown, Pennsylvania.

Corporate Governance

DNB Financial Corporation’s ISS Governance QualityScore as of October 4, 2019 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.