First Resource Bancorp, the holding company for First Resource Bank, welcomed Jim Egan as senior vice president of commercial lending. With an impressive career spanning 40 years in the banking industry — 38 of which were spent at Bryn Mawr Trust, where he served as chief commercial lending officer and head of commercial real estate — Egan brings unparalleled expertise and a deep understanding of commercial lending to his new role.
Egan’s remarkable track record and dedication to building strong customer relationships have been hallmarks of his success. At First Resource Bank, he will focus on fostering new business opportunities, with an emphasis on loans, cash management and deposit solutions.
“I am thrilled to join First Resource Bank, a true community bank that places customer satisfaction at its core,” Egan said. “The bank’s commitment to service reminds me of my time at Bryn Mawr Trust, where a similar dedication to community and client relationships existed. What truly set First Resource Bank apart for me is its exceptional team and strong inclusive culture. The bank seamlessly combines the personal touch of a community bank with the competitive products and services of a larger one. Moreover, its presence in Wayne, PA — a market I’ve been proud to serve throughout my career — made this opportunity especially meaningful.”
“We are delighted to welcome Jim Egan to First Resource Bank,” Lauren Ranalli, co-founder and CEO of First Resource Bank, said. “His extensive experience, proven leadership and passion for customer satisfaction align perfectly with our mission. We are confident he will have a positive impact on our clients, our community, and the bank’s continued success.”
A longtime Chester County resident, Egan has been an active member of the local community for over 40 years. He has served on the American Red Cross Golf Committee for many years and was a proud member of the Ardmore Rotary. A dedicated community advocate, Egan plans to continue giving back through active involvement in local initiatives and organizations, further strengthening the ties between First Resource Bank and the communities it serves.
