Oak Ridge, NJ - September 22, 2008 – Thomas J. Shara, President and CEO of Lakeland Bank, has announced the appointment of Timothy J. Matteson to Senior Vice President and General Counsel based out of Lakeland’s Administration Building in Oak Ridge.
“Tim brings an extensive legal background in areas including commercial lending, litigation, workout, SEC matters, outsourcing and vendor agreements, employment and real estate. He will be responsible for oversight of all legal matters involving the Bank, including engaging outside law firms as necessary,” stated Mr. Shara.
Mr. Matteson has over 14 years of banking experience, most recently with Israel Discount Bank of New York as Assistant General Counsel. Prior to that, Mr. Matteson worked at Hudson United Bancorp where he was General Counsel. Mr. Matteson is also a member of the New Jersey State Bar Association.
Mr. Matteson holds a law degree from Benjamin N. Cardozo School of Law. He currently resides in Tenafly, with his wife Ilana and their two children.
Lakeland Bancorp, the holding company for Lakeland Bank, has a current asset base of $2.6 billion and forty-eight (48) offices spanning six northwestern New Jersey counties: Bergen, Essex, Morris, Passaic, Sussex and Warren. Lakeland Bank, headquartered at 250 Oak Ridge Road, Oak Ridge, offers an extensive array of consumer and commercial products and services, including online banking, localized commercial lending teams, equipment leasing, and 24-hour or less turnaround time on consumer loan applications. For more information about their full line of products and services, visit their website at www.lakelandbank.com.