BRYN MAWR, Pa., June 12, 2018 (GLOBE NEWSWIRE) -- Bryn Mawr Trust (BMT), a subsidiary of Bryn Mawr Bank Corporation (BMBC) (NASDAQ:BMTC), announced today the appointment of Christopher P. McGill as Market President, Philadelphia and Southern New Jersey, effective July 2, 2018. McGill will report directly to Bryn Mawr Trust Banking President Kevin Tylus. 

The Market President position is a new role for BMT. The company is adding to its management capabilities due to its recent increased presence in Center City Philadelphia and New Jersey, having made two key acquisitions in banking and insurance in the past six months.   

“Christopher is a well-regarded Philadelphia banking executive and business leader.  His experience makes him ideal in connecting clients with cross-functional teams who will provide high-touch service and the full breadth and scale of BMT’s financial solutions,” said Tylus.  “Christopher shares our customer-centric values and I look forward to working closely with him.”

“Expanding deeper into Philadelphia and New Jersey is a key component of our growth strategy,” said BMBC President and CEO Frank Leto. “Christopher is a seasoned banking executive who will provide immediate traction and leadership in our efforts.”

Prior to joining Bryn Mawr Trust, Mr. McGill was a Commercial Lending Officer and Executive Vice President at DNB Financial Corp.  He served previously in executive and leadership capacities including CEO and a founding Director of East River Bank; Senior Vice President, Citizens Bank of Pennsylvania; and Senior Vice President, Roxborough Manayunk Bank.   Active in the community, he is the director of Historic Rittenhouse Town and the current chairman of both the Old City Business Improvement District and the Old City Community Fund, a community development corporation.  Additionally, he serves on several boards and committees including North Light Community Center, Schuylkill Center for Environmental Education, and Old Saint Joseph’s Church.  He is the father of three and resides in Center City Philadelphia with his wife.

About Bryn Mawr Trust
Bryn Mawr Bank Corporation (NASDAQ:BMTC), including its principal subsidiary, The Bryn Mawr Trust Company (BMT) was founded in 1889; and is headquartered in Bryn Mawr, Pa.  BMT is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions. Bryn Mawr Bank Corporation has $4.3 billion in corporate assets and $13.2 billion in wealth assets under management, administration, supervision, and brokerage (as of 3/31/18). Today, the company operates 43 banking locations, six (6) wealth management offices and three (3) insurance and risk management locations in the following counties: Montgomery, Chester, Delaware, Philadelphia and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden County in New Jersey. For more information, visit bmtc.com.

FORWARD-LOOKING STATEMENTS AND SAFE HARBOR
This press release contains statements which, to the extent that they are not recitations of historical fact may constitute forward-looking statements for purposes of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements may include financial and other projections as well as statements regarding the Corporation’s future plans, objectives, performance, revenues, growth, profits, operating expenses or the Corporation’s underlying assumptions. The words “may,” “would,” “should,” “could,” “will,” “likely,” “possibly,” “expect,” “anticipate,” “intend,” “estimate,” “target,” “potentially,” “probably,” “outlook,” “predict,” “contemplate,” “continue,” “plan,” “forecast,” “project,” “are optimistic,” “are looking,” “are looking forward” and “believe” or other similar words and phrases may identify forward-looking statements. Persons reading this press release are cautioned that such statements are only predictions, and that the Corporation’s actual future results or performance may be materially different.

Such forward-looking statements involve known and unknown risks and uncertainties. A number of factors, many of which are beyond the Corporation’s control, could cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments expressed, implied or anticipated by such forward-looking statements, and so our business and financial condition and results of operations could be materially and adversely affected. Such factors include, among others, our need for capital, our ability to control operating costs and expenses, and to manage loan and lease delinquency rates; the credit risks of lending activities and overall quality of the composition of our loan, lease and securities portfolio; the impact of economic conditions, consumer and business spending habits, and real estate market conditions on our business and in our market area; changes in the levels of general interest rates, deposit interest rates, or net interest margin and funding sources; changes in banking regulations and policies and the possibility that any banking agency approvals we might require for certain activities will not be obtained in a timely manner or at all or will be conditioned in a manner that would impair our ability to implement our business plans; changes in accounting policies and practices; the inability of key third-party providers to perform their obligations to us; our ability to attract and retain key personnel; competition in our marketplace; war or terrorist activities; our ability to complete anticipated acquisitions and any material differences in the actual financial results, cost savings and revenue enhancements associated with our acquisitions; and other factors as described in our securities filings. All forward-looking statements and information set forth herein are based on Management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. The Corporation does not undertake to update forward-looking statements.

For a complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, as well as any changes in risk factors that we may identify in our quarterly or other reports subsequently filed with the SEC.

Contact:
Frank Leto
President and CEO BMBC
610-581-4730

F. Kevin Tylus
President BMT Banking
609-524-3490