Financial Services >> CEO Interviews >> December 31, 2015

Interview with the President and CEO and the EVP, CFO, Chief Risk Officer, Treasurer and Corporate Secretary: First Resource Bank (OTCMKTS:FRSB)

Marshall, Glenn
Glenn Marshall has been the President and CEO of First Resource Bank since its formation in September of 2004 and the opening of the first retail office in May 2005. Glenn Marshall and Lauren Ranalli, the Co-Founders of First Resource Bank, raising the original capital, established all functional systems for the operation of the bank and assembled a full staff to operate the institution. Mr. Marshall began his banking career with Central Penn National Bank in 1980, and moved to Chester County and joined Hamilton Bank in 1983 as a commercial lender. Mr. Marshall served in various senior management roles at Chester County-based institutions from 1989 to present. Mr. Marshall has served and is currently serving in numerous community and township committees. Mr. Marshall graduated from Drexel University with a B.S. in business with double majors in accounting and marketing. Mr. Marshall has his MBA from St Joseph’s University with a concentration in finance and banking. Profile
Ranalli, Lauren
Lauren Ranalli is Executive Vice President, Chief Financial Officer, Chief Risk Officer, Treasurer and Corporate Secretary of First Resource Bank. Ms. Ranalli co-founded First Resource Bank with Glenn Marshall and a group of local businesspeople in 2005. Her prior work experience includes being Vice President and Controller for Stonebridge Financial Corp. and Stonebridge Bank as well as working in the audit department of Ernst & Young in Philadelphia, Pennsylvania. Ms. Ranalli has a Bachelor of Science degree in accounting from Villanova University and is a certified public accountant. Profile
TWST: Can you provide a brief overview of the bank?

Mr. Marshall: First Resource Bank is an 11-year-old bank that started from scratch as a traditional community bank that still wanted