CIO joins executive leadership team of region’s largest mutual bank
PERKASIE, Pa. (May 2023) – Penn Community Bank, the largest mutual bank in eastern Pennsylvania, has named Randy McGarry Executive Vice President, Chief Information Officer (CIO).
McGarry joins the institution with 30 years of financial services and leadership experience, most recently serving as Chief Information Officer at Malvern-based Meridian Bank. As CIO, he will oversee Penn Community Bank’s information technology, payment functions, deposit and loan operations, and project management efforts.
“With the increasing pace of technological innovation in the financial services industry, we’re excited to welcome Randy McGarry to our executive team as Chief Information Officer,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “In his role, Randy will ensure we are always focused on providing customers with an outstanding experience and fostering Penn Community Bank’s service culture.”
McGarry holds degrees from Pennsylvania State University (B.S. – Finance) and Drexel University (M.B.A. – MIS), and is a graduate of the University of Pennsylvania, ABA Stonier Graduate School of Banking. He is a member of the Society of Information Management (SIM) – Philadelphia Chapter.
About Penn Community Bank: Penn Community Bank holds more than $2.6 billion in assets, employs more than 300 people, and offers banking and lending services at 20+ bank branches and three administrative centers throughout southeastern Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves. In support of this mission, Penn Community Bank’s charitable arm, the Penn Community Bank Foundation, contributes 5% of the institution’s net income each year to area nonprofits and community groups making a difference in the region.