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TruMark Financial announces multiple promotions

TREVOSE, Pa. — TruMark Financial® Credit Union announced multiple promotions in several key positions — two new executive vice presidents and two new senior vice presidents — reflective of the organization’s commitment to build and maintain a strong management team.

The credit union promoted two senior vice presidents, Vince Market, chief financial officer, and David Obarowski, chief operating officer, to executive vice presidents. Gerard DeVita, controller/vice president, and Patrick O’Halloran, vice president of information technology, have been promoted to senior vice presidents. “These executives have contributed to the success of TruMark Financial and will play a critical role in leading the credit union into the future,” said Richard F. Stipa, chief executive officer of TruMark Financial.

Vince Market, executive vice president, chief financial officer, will continue to oversee the accounting, compliance, facilities, and fraud departments. His expanded role includes managing the information technology (IT) department. Market has contributed to TruMark Financial’s growth and success for more than 25 years in various roles. Market, a La Salle University graduate, is also an adjunct professor at the university’s School of Business. He resides in Holland, Pa. with his wife and three children.

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David Obarowski, executive vice president, chief operating officer, is a certified public accountant, and has played an integral role at TruMark Financial as its controller and senior vice president over a span of 14 years. His new role will now include overseeing lending operations, product development, financial, electronic, and card services. Obarowski, a graduate of Indiana University of Pennsylvania, resides in Holland, Pa. with his wife and four children.

Gerard DeVita, senior vice president of finance, has over twenty-five years of experience in the role of vice president/controller and senior vice president/chief financial officer in the financial services industry and has been a certified public accountant since 1985. His new responsibilities include overseeing the newly expanded financial analysis department and managing the credit union’s investment portfolio, accounting department, and the asset/liability modeling program. DeVita, a graduate of Widener University, resides in Wallingford, Pa. with his wife and four children.

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Patrick O’Halloran, senior vice president of information technology, will manage all areas of the credit union’s information technology, including network services, infrastructure, software development, information security, business continuity planning, telecommunications, and core operations. O’Halloran has been in a management role at TruMark Financial for 15 years. O’Halloran, a graduate of Rutgers University, resides in Richboro, Pa. with his wife and two children.

TruMark Financial is one of the strongest, most progressive credit unions in the nation, offering a full range of banking, investing, and insurance services to more than 96,000 members in Southeastern Pa.

Founded in 1939, TruMark Financial is headquartered in Trevose, Pa., and has approximately $1.4 billion in assets through its 15 branches, Call Center, and a suite of innovative online services. To learn more about TruMark Financial, visit www.trumarkonline.org or call 1-877-TRUMARK. Connect with TruMark Financial at www.facebook.com/trumarkonlineand twitter.com/trumarkonline.

"TruMark Financial" is a registered trademark of TruMark Financial Credit Union.

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