First Resource Bancorp names new executive vice president and chief lending officer

First Resource Bancorp, the holding company for First Resource Bank, recently promoted Lee Herzer to executive vice president and chief lending officer, effective April 1.

“We are thrilled to appoint Lee Herzer as our new Chief Lending Officer,” Lauren Ranalli, First Resource Bank president, said. “Lee’s dedication, expertise, and passion for serving our community align perfectly with our values and vision for the future. We have the utmost confidence in his ability to drive our lending business forward and deliver outstanding results.”

Herzer has worked for First Resource Bank team since 2017 and has 20 years of experience in the banking industry.

In his new role, Herzer will oversee strategic initiatives to drive growth, lending function, and enhance customer relationships.

Lisa Donnon, the current executive vice president and chief lending officer, will become chief credit officer. Donnon has 33 years of banking experience.

Ken Kramer, the current chief credit officer, retires in September after 46 years in the banking industry. He will serve on the board of directors on a part-time basis in an advisory capacity.

Locally owned and operated First Resource Bank operates three full-service branches in the Delaware Valley. It offers a full range of deposit and credit services.