Lincoln 1st Bank names new CFO

Lincoln Park-based Lincoln 1st Bank announced Tuesday it has named Erik J. Terpstra its new chief financial officer and vice president.

Prior to Lincoln, Terpstra was at BDO USA LLP.

“We are extremely excited about the addition of Erik J. Terpstra to our executive team at Lincoln 1st Bank,” said Philip B. Vaz, chief operating officer and executive vice president of Lincoln 1st Bank.  “Erik is a highly qualified financial executive who will bring strong leadership and sound financial experience to our institution.”

“As a community bank, Lincoln 1st Bank strives to provide individuals, professionals, and businesses with the means to achieve their financial goals.  Erik’s addition to the Bank’s executive team will further support the Bank’s mission and competitive edge.”