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Hyperion Bank Announces Appointment of Jeffery Schneider as Sr. Vice President of Newly Formed Residential Mortgage Lending Department

Schneider, the former Managing Member of Moorestown Real Estate, LLC (DBA The Mortgage Group) brings with him almost 20 years of mortgage broker experience. Joining the Hyperion Bank staff are five other full time employees from the former Mortgage Group. "Given the current regulatory environment and Hyperion Bank's desire to expand their portfolio with residential mortgage lending, it was a marriage made in heaven," stated Schneider.

According to Hyperion Bank President, Joe Matisoff, "I've known Jeff for many years and have the utmost respect for him, both personally and professionally. With all that has gone on lately in the mortgage banking area we wanted to fill the void in our local market, but were determined to do so only if we could align ourselves with professionals who, like us, put service to the customer and a sterling reputation above all else."

Hyperion Bank is the first community bank to locate in the urban part of Philadelphia in more than 20 years. Restored to its original 1871 grandeur, the stately 11,000 square-foot headquarters and first branch, located at 2nd Street and Girard Avenue, is a signature footprint in the area's urban revitalization. This site was chosen because of its extensive residential redevelopment, expanding small business and deep-rooted neighborhood residents. Hyperion is a full service retail and commercial bank. Its website is www.HyperionBank.com.

Hyperion Bank
Joseph M. Matisoff, President & CEO
215-789-4202