Published:

First Bank of Delaware Names Alonzo J. Primus as Chief Executive Officer

WILMINGTON, Del., July 23 /PRNewswire-FirstCall/ -- First Bank ofDelaware (OTC Bulletin Board: FBOD) today announced the promotion of Alonzo J. Primus to Chief Executive Officer. Mr. Primus retains his titles as President and Chief Operating Officer. Harry Madonna will continue as the Chairman of the Board of Directors. Mr. Primus is also a director of the company.

"Alonzo has performed in an exemplary fashion as president and in each of the positions that he has held at the First Bank ofDelaware," said First Bank of Delaware Chairman Harry D. Madonna. "He is a young and talented individual and the Board of Directors believe he will continue to make First Bank of Delaware grow and its shareholders prosper."

Earlier in his career, Mr. Primus worked for Summit Bank inPrinceton, New Jersey and CoreStates Bank inPhiladelphia. He holds a B.S. in Accounting and Finance from Drexel University and an M.B.A. in Finance from Temple University. He has been a Certified Public Accountant inPennsylvania since 1998. Mr. Primus lives inNew Jersey with his wife and daughter.

First Bank ofDelaware is a full-service, state-chartered commercial bank, whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The banks provides diversified financial products through two locations inNew Castle County, Delaware, a loan production office inSussex County and additionally offers a variety of loan and card products nationally.

SOURCE First Bank ofDelaware

Tags: Banking and Finance, delaware

_ _

Is your favorite bookmark site missing? Ask for it.