OceanFirst Financial Corp. Names Joseph Lebel III as President
November 19, 2020
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Joseph Lebel III will become president of OceanFirst Financial Corp., assuming the responsibilities from Christopher Maher, who will remain chairman and CEO. Lebel will also join the board of directors, with both changes becoming effective Jan. 1. Lebel has been with the bank for 14 years and also serves as chief operating officer. In addition to his current duties for all operating regions, business lines and back office operations, Lebel will now assume responsibility for the commercial credit function with the chief credit officer and credit administration department also reporting to him. Lebel joined OceanFirst in 2006 after a 25-year career at multiple predecessors to what is now Wells Fargo & Co. He spent the first 10 years of his tenure as chief lending officer, then two years as chief banking officer and two years as chief operating officer.
OceanFirst Financial Corp. is a holding company for OceanFirst Bank N.A. (the Bank). The Bank is a full-service regional bank delivering financial products and services, which include commercial and consumer financing, deposit services, and wealth management products and services, throughout New Jersey and the metropolitan markets of Philadelphia, New York, Baltimore, and others. The Bank's commercial loans include multi-family and commercial real estate loans, commercial construction loans, and commercial and industrial loans. The Bankâs primary sources of funds are deposits, principal and interest payments on loans and investments, and other borrowings. It also generates non-interest income such as income from bankcard services, trust and asset management products and services, deposit account services, and others. It operates approximately 37 branch offices, and deposit production facilities located throughout New Jersey and metropolitan area of New York City and Philadelphia.