HomeFinanceAscendia Bank adds Jacobs and Skinner to senior executive team

Ascendia Bank adds Jacobs and Skinner to senior executive team

Ascendia Bank (formerly Glen Rock Savings Bank) has bulked up its leadership team by adding two veteran bankers. Jonathan Jacobs has joined as vice president/commercial lending manager, and Paul Skinner was named senior vice president/chief information security officer.

Jacobs will oversee the bank’s commercial lending operations, including underwriting and evaluating commercial real estate applications, preparing loan approval memoranda, and providing ongoing support for commercial credit client relationships, including the management of construction loans. He will also lead a team of commercial loan administrators, commercial credit analysts, and commercial loan processors.

Jacobs has more than 20 years of expertise in commercial lending and credit analysis. He managed loan portfolios topping $90 million as assistant vice president portfolio manager at Lakeland Bank/Provident Bank. Jacobs was previously commercial lender/account manager at North Jersey Federal Credit Union.

Skinner will manage the bank’s information systems, technology infrastructure, and data processing operations. He will also oversee the development and implementation of IT/IS policies, system design and programming, network and database management, and cybersecurity measures.   

Skinner has more than four decades of IT and operations leadership in the banking industry. He has led core banking system conversions, technology infrastructure upgrades, and the launch of advanced digital and mobile platforms. He has guided teams through complex integrations, strengthened cybersecurity protocols, developed disaster recovery plans, and enhanced operational efficiency while ensuring compliance with rigorous industry standards.

“Jonathan and Paul bring deep expertise in their respective fields and will be instrumental in strengthening both our commercial lending capabilities and our information technology infrastructure,” said John D. Allen IV, president and chief executive officer of Ascendia Bank.  

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