HV Bancorp, Inc. Announces New Vice-Chairman and Committee Chairs
January 21 2021 - 5:34PM
HV Bancorp, Inc., (NASDAQ: HVBC) announced the appointment of
Robert J. Marino to the position of Vice-Chairman of the Board of
Directors of Huntingdon Valley Bank and HV Bancorp, Inc. Mr. Marino
replaces Scott W. Froggatt, who had served in this position for the
past several years. Mr. Froggatt will continue to serve as
Director.
Travis J. Thompson, Esq., Chairman, President
& CEO, commented, "We are pleased to have such a talented and
dedicated Board continue to guide HVB as we build our vision of a
better experience bank in the Philadelphia market place. While we
acknowledge and thank Mr. Froggatt for his contributions over the
past several years as Vice-Chairman, we look forward to Bob
Marino’s new and expanded role with HVB. With over 30 years’
experience in banking, Bob brings a wealth of Philadelphia banking
knowledge, contacts and experience with him and adds tremendous
value to our team members, customers and shareholders alike."
Also approved by the board were the appointments
of committee chairs. For 2021, John D. Behm will serve as Corporate
Governance & Nominating Committee chair, Robert J. Marino will
serve as Compensation Committee chair, and John D. Behm will
continue to chair the Audit Committee.
About HV Bancorp, Inc.
HV Bancorp, Inc. (Nasdaq Capital Market: HVBC)
is a bank holding company headquartered in Doylestown, PA. Through
its wholly owned subsidiary Huntingdon Valley Bank, we primarily
serve communities located in Montgomery, Bucks and Philadelphia
Counties in Pennsylvania, New Castle County in Delaware, and
Burlington County in New Jersey from our executive office, six full
service bank offices and one limited service bank office. We also
operate four loan production offices in our geographical
footprint.
Forward-Looking
StatementsCertain statements contained herein are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements may be
identified by reference to a future period or periods, or by the
use of forward-looking terminology, such as "may," "will,"
"believe," "expect," "estimate," "anticipate," "continue," or
similar terms or variations on those terms, or the negative of
those terms. Such forward-looking statements are subject to risk
and uncertainties described in our SEC filings, which could cause
actual results to differ materially from those currently
anticipated due to a number of factors, which include, but are not
limited to, the negative impact of severe wide-ranging and
continuing disruptions caused by the spread of coronavirus COVID-19
on current operations, customers and the economy in general,
changes in interest rate environment, increases in nonperforming
loans, legislative and regulatory changes that adversely affect the
business of the Company and the Bank, and changes in the securities
markets. Except as required by law, the Company does not undertake
any obligation to update any forward-looking statements to reflect
changes in belief, expectations or event.
Contact: Joseph C. O’Neill, Jr.,EVP/ Chief
Financial Officer(267) 280-4000
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