First Resource Bancorp names new executive vice president, CFO

© First Resource Bancorp
Kristen Fires

Exton-based PA First Resource Bancorp recently promoted Kristen Fries to executive vice president and chief financial officer.

Fries has been employed by First Resource Bank for the past nine years. She previously served as senior vice president and controller. In that role, she worked to shape the company’s financial strategies.

“First Resource Bank has a history of promoting from within the company and the elevation of Kristen to CFO is another chapter in that journey,” Lauren Ranalli, First Resource Bank president and incoming CEO, said. “Kristen is one of my trusted advisors and I am excited to have her officially join the executive management team with this promotion. Her extensive experience, dedication, and proven leadership within the organization make her the perfect fit for this position. I look forward to the continued success and growth that will undoubtedly result from her expertise.”

Fries has 20 years of experience in community banking and a bachelor’s degree in accounting.

First Resource Bancorp, Inc. is the holding company of First Resource Bank.

First Resource Bank is a Pennsylvania state-chartered bank with three full-service branches in the Delaware Valley. It provides residents and small businesses with a full range of deposit and credit services as well as traditional financial services and products.