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Regal Bank Hires New VP/ Business Development, Monte Ehrenkranz

Livingston, NJ - Regal Bank, headquartered at 570 West Mount Pleasant Avenue (Rte. 10) in Livingston, with a second branch at 504 South Livingston Avenue, also in Livingston, recently hired a new Vice President of Business Development, Monte Ehrenkranz, who resides in Millington.

Prior to joining Regal Bank, Mr. Ehrenkranz worked as a partner at Regency Property Appraisers and in business development at Norcrown Bank. He is currently a member of the Somerset Hills Rotary Club and has prior affiliations with the Hillside Rotary Club and the Livingston area Chamber of Commerce. Mr. Ehrenkranz attended St. Petersburg Jr. College in St. Petersburg, Florida.

"We welcome Monte Ehrenkranz to our team at Regal Bank," said Thomas Lupo, President and CEO of Regal Bank. "His extensive experience in business development will be a great asset to our Bank and help us to grow and thrive in these difficult economic times."

Regal Bank serves local businesses and retail clients with a wide variety of banking services including commercial mortgages, business loans and lines of credit, home equity lines of credit, residential mortgages, and traditional commercial banking products for small to medium size businesses. The Bank also offers internet banking, bill pay, remote merchant capture, and other technology-based products.