Oceanfirst Financial Corp. Appoints Grace Vallacchi to the Boards of Directors of the Company and the OceanFirst Bank N.A
January 24, 2019 at 04:30 pm EST
Share
The OceanFirst Financial Corp. announced that on January 23, 2019 it appointed Grace Vallacchi, the Executive Vice President and Chief Risk Officer of the Company and the Bank, to the Boards of Directors of the Company and the Bank, effective immediately. Ms. Vallacchi will retain her Executive Vice President and Chief Risk Officer positions with the Company and the Bank, and will now report directly to Chairman, President and Chief Executive Officer Christopher D. Maher. Prior to joining OceanFirst, Ms. Vallacchi was an Associate Deputy Comptroller in the Northeastern District of the Office of the Comptroller of the Currency, where she had oversight over seven Assistant Deputy Controllers with over 180 examiners supervising 120 community banks and thrifts.
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.
OCEANFIRST FINANCIAL CORP. 
