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Veteran Banker Vince Liuzzi To Join DNB Financial Corporation

DOWNINGTOWN, Pa., Feb. 27, 2014 (GLOBE NEWSWIRE) -- DNB Financial Corporation (Nasdaq:DNBF), parent company of DNB First, National Association, the oldest national bank in the greater Philadelphia region, announced that veteran banker, Vince Liuzzi has joined the company. He will serve as Executive Vice President, Chief Banking Officer, reporting directly to William S. Latoff, Chairman and Chief Executive Officer.

Liuzzi will be directly responsible for leading the bank's retail, consumer and mortgage lending, operations, and marketing lines of business. The creation of this new executive leadership role is part of an overall strategy designed to enhance the bank's profitability, market share, and growth plans. Mr. Liuzzi joins the bank's current executive team: William J. Hieb, President and Chief Risk and Credit Officer; Gerald F. Sopp, EVP, Chief Financial Officer; and Albert J. Melfi Jr., EVP, Chief Lending Officer.

"We are excited to have an executive with Vince's abilities and experience in leading large retail banking networks working for us, as we look to complement our strong commercial banking capabilities with an expanded retail banking operation. We have previously discussed our plans to expand our business on a number of fronts, and we expect Vince to play a key role in executing this strategy," said William S. Latoff, Chairman and Chief Executive Officer.

Prior to joining DNB First, Liuzzi served as Executive Vice President, Region President for Wells Fargo & Company's 165-branch community banking network in greater Philadelphia and Delaware, overseeing sales, service, public and community relations, consumer activities, small business services, and wealth management. During this period, he directed the conversion and integration activities of Wachovia Bank's regional operations following the acquisition of the bank by Wells Fargo. He joined Wells Fargo in 1996 and held key leadership positions in several markets across the country. Before relocating to the greater Philadelphia area, he served as Senior Vice President and Region President of Wells Fargo's 60-branch network in the San Fernando Valley region in California.

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