First Federal of Bucks County Promotes William Boyce, Robert Coffin and Derek Warden to EVPs

Bristol, PA, July 18, 2013 --(PR.com)-- First Federal of Bucks County (www.firstfedbucks.com), a federally chartered mutual savings bank serving businesses and individuals in Bucks County, as well as Philadelphia, Montgomery, Chester, and Delaware counties, announced today that William Boyce has been promoted to executive vice president – chief financial officer; Robert Coffin to executive vice president -- chief risk officer, and Derek P.B. Warden to executive vice president – chief lending officer.

Jeane M. Coyle, the bank’s new president and CEO and the bank’s first female leader, announced the promotions as part of her restructuring plan. All three report directly to her.

Boyce joined First Federal of Bucks County as senior vice president and chief financial officer in October 2009. Before that, he was chief financial officer of Huntingdon Valley Bank, served as controller of Prime Bank in Philadelphia, and held various positions in the Philadelphia office of KPMG. A graduate of Saint Joseph's University, he is a certified public accountant and a member of the Pennsylvania Institute of Certified Public Accountants and the Philadelphia chapter of the Financial Managers Society.

“As CFO, Bill oversees our financial position with meticulous attention to detail,” said Coyle.

Coffin, who was senior vice president, chief credit officer and corporate secretary; joined First Federal of Bucks County in 1980 and the lending team in 1983. A graduate of Penn State University, Coffin started his banking career in 1978 at New Hope Savings. A lifelong resident of Bucks County, he has served as chairman of the Lower Bucks Chapter of the American Red Cross and chairman of the Red Cross homeless shelter and is active in local scholarship and community service projects with the Bristol Lions club.

“Bob has been at First Federal of Bucks County for 35 years and is my right-hand person,” said Coyle. “He will be overseeing all aspects of risk for our entire bank – especially credit and compliance risk.”

Warden has been in the commercial banking business for the past 30 years, after graduating from the University of Pennsylvania. For the last 17 years, he has worked in the business banking and commercial lending areas of banks in both management and chief lending officer positions. He joined First Federal of Bucks County in June 2010.

“Derek’s commercial lending experience and the care he shows each customer and prospect fit with First Federal’s culture. We have a high level of technical skill with stellar service,” said Coyle.

Coyle is positioning the bank to continue to provide convenience and value for the bank’s business and individual customers, to maintain profitability for long-term growth and sustainability as a local bank and employer, and to give back to the community.

About First Federal of Bucks County
Founded in 1885, First Federal of Bucks County, with $679 million in assets, operates 11 offices throughout Bucks County. Because it is a Federally Chartered Mutual Savings Association, the bank is not publicly traded and is “owned” by the Association’s customers. The mission of First Federal is to serve businesses and individuals in Bucks County and the surrounding counties – and to be an integral part of the community. For additional information, visit us at www.firstfedbucks.com.