SuffolkFirst Bank appoints three new directors

Published 12:00 am Sunday, September 14, 2003

Larry L. Felton, chairman, and Darrell G. Swanigan, president & CEO, have announced the appointment of Allen E. Perrel, Clinton L. Varner and Clay K. White to the board of directors of SuffolkFirst Bank.

Perrel is president of Perrel Management Co. and president of Broadacre Development Co.

Varner owns a residential appraisal business, and White is vice president of Starr Motors.

Email newsletter signup

&uot;The appointment of the new directors is in keeping with future growth plans of the bank, and we are pleased to welcome these local residents and successful businessmen to the bank family,&uot; said Felton. &uot;We know they will bring immense knowledge of the financial needs of the community and will complement the present Board structure.&uot;

Swanigan said he looks forward to working with the new board members to help develop future growth strategies and build further banking relationships in the marketplace.

Swanigan also said he was pleased with the personal efforts and support of the organizing Directors to develop new business and to help reach our present asset level of over $32 million since the bank opened Jan. 27.

&uot;Our successful growth is attributed to the hard work of the entire team, especially our friendly staff.&uot;

Swanigan further said the bank takes great pride in its warm and friendly work environment and its position in the community as the only locally owned and operated independent bank headquartered in Suffolk.

SuffolkFirst Bank has exciting plans on the horizon, and will continually strive to deliver superior products and the best financial services in our marketplace.

SuffolkFirst measures success not only in assets and profitable growth, but also in customer satisfaction. The staff is eager to serve the community and committed to deliver a &uot;Customers First at SuffolkFirst&uot; banking experience.