Careers

Relationship Manager

Job Description

Atlantic Community Bankers Bank is a Pennsylvania state-chartered, Federal Reserve member bank owned exclusively by community bank shareholders. Our mission is to provide correspondent services to community banks. We are a bankers bank and do not conduct business with the public and we do not compete with our customer banks. Services offered include loan participations, Fed Funds purchases and sales, compliance services, settlement services, coin & currency, safekeeping, international and De Novo escrow services.

Principle Accountabilities

The job of the Relationship Manager is to maintain and expand existing relationships in New Jersey, New York City and lower parts of New York by establishing a strong visible profile within the business area and networking to identify new opportunities, concentrating on increasing market share through future prospect banks. In addition, this position will play a key role in product development from customer feedback.

  • Plan, develop and execute sales strategies to meet established goals in assigned territory
  • Develop an understanding of how the Bank’s products/services satisfy the needs of the clients and be able to refute objections related to these products/services
  • Prepares and presents service proposals that identify the benefits and features of the Bank’s products and services
  • Complete comparative cost analysis to support and enforce the various strengths of the Bank’s products/services
  • Work with state trade associations and attend industry events to maximize ACBB’s visibility to expand customer base
  • Accountable for following policies and procedures as defined
  • Always doing the right thing for customers and ensuring that actions/behaviors drive a positive customer experience
  • Operate within the Bank’s risk tolerance, achieve results by identifying, managing, and reporting risks of all types
  • Perform other duties as assigned

Required Experience and Knowledge

  • S. or B.A. in a related field or business equivalent certification
  • Valid Driver’s License with clean record
  • Minimum 3 to 5 years sales or business development experience; banking a plus
  • Proficiency with Microsoft Office products (Word, Excel, Outlook, PP, etc)
  • Must be capable of working remotely due to travel time
  • Excellent interpersonal relations, communications and strong influencing skills
  • Strong attention to detail and accuracy skills

Desirables

  • Cross-sell or refer other bank products and services that may be identified
  • Entrepreneurial and innovative with a flair for solving problems
  • Coachable personality
  • Familiarity with Salesforce CRM
  • Portfolio management skills through business-to-business sales

Compensation Package

  • Base salary range from $70k to $90k, plus Bonus and Commission
  • Key Incentive Plan targeting 15% of your base salary
  • 17 Vacation days
  • Competitive benefits package including medical, dental, vision, life, and disability plans (majority 100% employer sponsored) and No waiting period for major medical benefits
  • 401(k) plan (8% company match)
  • Tuition Reimbursement

ACBB is an Equal Opportunity Employer M/F/Disability/Vet

Job Type: Full-time

Salary: $70,000.00 to $90,000.00 /year


Customer Support Representative

Job Description

Atlantic Community Bankers Bank is a Pennsylvania state-chartered, Federal Reserve member bank owned exclusively by community bank shareholders. Our mission is to provide correspondent services to community banks. Because we are a bankers bank and do not conduct business with the public, we do not compete with our customer banks. Services offered include loan participations, Fed Funds purchases and sales, compliance services, settlement services, coin & currency, safekeeping, international and De Novo escrow services.

Job duties include but are not limited to:

  • Creating and approving online wire transfers while following related banking regulations
  • Assisting customers by phone
  • Maintenance of customer accounts & researching differences
  • Data processing
  • Account reconcilements
  • Administrative duties including copying, scanning, faxing
  • Gathering data for special projects as assigned

Required Experience and Knowledge:

  • High School Diploma or equivalent
  • 3 years Wire Transfer or Bank Teller experience required
  • Experience and knowledge of banking and/or international payment processing and related compliance preferred
  • Proficiency in MS Office applications
  • Ability to effectively communicate with bank employees and customers in a professional and courteous manner
  • Maintaining accuracy and attention to detail while handling multiple tasks
  • Flexibility to work under time-sensitive and changing priorities
  • Strong verbal, mathematical and organizational skills

Compensation Package:

  • Salary starts at $13.00 per hour (pay increase after 6 months review)
  • Hours are 8:45 AM to 5:15 PM, Monday - Friday
  • 17 Vacation days
  • Competitive benefits package including medical, dental, vision, life, and disability plans (majority 100% employer sponsored) and No waiting period.
  • 401(k) plan (8% company match)
  • Tuition Reimbursement

ACBB is an Equal Opportunity Employer M/F/Disability/Vet

Job Type: Full-time

Salary: $25,350.00 /year

Financial Highlights

Document Links

Financial Highlights

Consolidated Financial Highlights - March 31, 2018 (unaudited)

Net Income

$2,178,786

Total Assets

$836,818,480

Required Regulation F Information

 

Leverage Ratio

12.13%

Tier 1 Risk Based Capital Ratio

23.11%

Total Risk Based Capital Ratio

24.29%

Risk Based Assets to Capital Status-See Note Below

Well Capitalized

Loan Loss Reserve to NonPerforming Loans (inc. TDRs)

344.92%

Loan Loss Reserve to NonPerforming Assets

344.92%

Loan Loss Reserve to Total Loans

2.49%

NonPerforming Assets to Total Assets

0.28%

Loans 30 Days and Over Past Due and Accruing to Total Loans

0.06%

 

Additional Information for Correspondent Guidance

Ratio Trend Lines

3/31/18

12/31/17

9/30/17

6/30/17

3/31/17

Tier 1 Leverage

12.13%

12.51%

12.65%

12.65%

12.59%

Tier 1 Risk Based Capital

23.11%

21.68%

21.83%

22.16%

22.05%

Total Risk Based Capital

24.29%

22.81%

23.09%

23.45%

23.35%

NPAs to Total Assets

0.28%

0.53%

0.85%

0.62%

0.63%

Loan Loss Reserve to Total Loans

2.49%

2.85%

2.84%

3.09%

3.15%

Texas Ratio

2.18%

3.81%

5.86%

4.48%

3.46%

Return on Average Assets

1.09%

0.40%

0.73%

0.75%

0.83%

Return on Average Equity

9.10%

3.16%

5.84%

5.98%

6.70%

 

Bank Insight Rating (formerly Thomson Reuters Peer Group Rating) - December 31, 2017
79/A

Note: Per Regulation F, a bank is considered adequately capitalized if:

  1. Its leverage ratio is 4% or greater,
  2. Its Tier 1 Risk Based Capital Ratio is 4% or greater; and
  3. Its Total Risk Based Capital Ratio is 8% or greater.

Client Feedback

ACBB is extremely attentive and works very hard to make sure our needs are satisfied. They always respond quickly to any questions. It’s a pleasure to work with the people at ACBB. We are always very happy with the service we receive.


Peter Michelotti
President & CEO
Community Bank of Bergen County

The whole process was great. Everyone was helpful and it was a great experience. The decision to use ACBB has been a homerun for us.


Mike Horodyski
President & CEO
Wallkill Valley Federal Savings and Loan

ACBB is the type of bankers’ bank you like doing business with because they’re experienced. They deal with you as a known professional. They understand your business and they take a personal interest in meeting your needs.


Scot Browning
President
Capital Bank N.A.

It's very important for community banks in today's environment to have a good correspondent bank. ACBB knows community banks and correspondent banking, and it fits that bill very well.


Tim Sissler
President & CEO
Reliance Bank

Shareholder Benefits

ACBB is owned by financial institutions and our Board of Directors is primarily comprised of community bank CEOs. ACBB shareholders receive an annual dividend, as well as a monthly loyalty benefit, which offsets service charges. Institutions are not required to be shareholders, although shareholders receive additional benefits. Shareholder institutions may apply for a formal loan arrangement or an overnight Federal Funds Borrowing facility from ACBB (subject to underwriting and approval). In addition, shareholders receive preferential borrowing rates and priority funding on overnight Federal Funds borrowings.

Become an ACBB shareholder today! When you do, you will see that any income ACBB generates is returned to you in the form of better pricing and fewer fees. Call Jon Evans at 717-737-4616 or Craig Howie at 860-266-2577 to learn more or send us an email.

Board of Directors

R. Michael Briggs, Chairman
President and CEO; USNY Bank, Geneva, NY

Lynda A. Messick, Vice Chairman
President; Bank Governance Advisors, Georgetown, DE

James M. Anthony, Director
President and CEO; Martha's Vineyard Savings Bank

Joseph T. Baptista, Jr., Director
President and CEO, Mechanics Cooperative Bank, Taunton, MA

Gary C. Beilman, Director
President and CEO; The Dime Bank, Honesdale, PA

Thomas W. Cook, Director
President and CEO; The Bank of Landisburg, Landisburg, PA

Jon S. Evans, Director
President and CEO; Atlantic Community Bankers Bank, Camp Hill, PA

David J. Hanrahan, Sr., Director
President and CEO, Capital Bank of New Jersey, Vineland, NJ

Craig H. Howie, Director
 Senior Executive Vice President, Atlantic Community Bankers Bank, Camp Hill, PA

Michael E. Kochenour, Director
Chairman and CEO; York Traditions Bank, York, PA

Stephen L. Lewis, Director
President and CEO; Thomaston Savings Bank, Thomaston, CT

William D. Moss, Director
President and CEO; Two River Community Bank, Tinton Falls, NJ

Robert W. Terravecchia, Jr., Director
President and CEO; Equitalble Bank, East Weymouth, MA

Julieann M. Thurlow., Director
President and CEO; Reading Cooperative Bank