Oak Ridge, N.J. – July 7, 2020 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following promotion.
Thomas Stackhouse has been promoted to Executive Vice President, Senior Credit Officer based in Oak Ridge, N.J. With more than 25 years of industry experience, Stackhouse will be responsible for asset quality and risk management for the Bank’s loan portfolio. Before joining the Bank in 2019 as First Senior Vice President, Senior Credit Officer, he was a Commercial Real Estate Underwriting Manager at Provident Bank in Iselin, N.J. Prior to that, he was Senior Vice President Construction Lending and Senior Vice President and Chief Credit Officer at Investors Bank in Short Hills, N.J. where he was responsible for strengthening the credit culture and expanding the credit risk department staff from two to 50 members. Stackhouse earned a Bachelor of Science degree in business administration at Villanova University and is a graduate of Stonier Graduate School of Banking. He is a board member and treasurer for Collier Youth Services Foundation and serves on the Kislak Real Estate Institute Executive Advisory Counsel at Monmouth University. His professional affiliations include memberships in Risk Management Associates, the Society of Chief Appraisers and the Society of Certified Insurance Counselors. Stackhouse resides in Wall Township, N.J.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has over $7 billion in total assets. With an extensive branch network and commercial lending centers throughout New Jersey and Highland Mills, N.Y., the Bank offers business and retail banking products and services. Business services include commercial loans and lines of credit, commercial real estate loans, loans for healthcare services, asset based lending, equipment financing, small business loans and lines, and cash management services. Consumer services include online and mobile banking, home equity loans and lines, mortgage options and wealth management solutions. Lakeland is proud to be recognized as a Best-In-State Bank by Forbes and Statista, rated a 5-Star Bank by Bauer Financial and named one of New Jersey’s 50 Fastest Growing Companies by NJBIZ. Visit LakelandBank.com for more information.