Meridian Bank Opens Office in South Florida

Malvern, Pa. (August 10, 2022) – Meridian Bank (subsidiary of Meridian Corporation, NASDAQ: MRBK) is pleased to announce the opening of a new business office in Bonita Springs, Florida. This office will extend Meridian’s full suite of financial products and services to the south Florida market.

Wayne Griest, formerly CEO of Continental Bank in Philadelphia, was appointed by Meridian to lead the Florida expansion. After the sale of Continental to Bryn Mawr Trust in 2014, he moved to Bonita Springs to continue his banking career. Griest’s connections in the region are a natural fit for Meridian’s Florida presence.

“This is a tremendous new growth opportunity for Meridian Bank,” said Meridian Chairman and CEO Chris Annas. “Many Delaware Valley natives either reside or have second homes in south Florida. Some even have business interests there that Meridian can support. Because of Meridian’s many proven digital tools and processes, our customers in Florida will have a seamless connection to our operations in Greater Philadelphia. This connection, along with our existing, widely recognized brand, will be a great help in establishing our business footprint.”

Since moving into its new office at 24860 S. Tamiami Trail in Bonita Springs, Meridian has hired two experienced commercial lenders and a relationship assistant. Each will help Griest tap into what the bank expects to be significant loan, deposit and other business opportunities in the region. The Bank has also formed an Advisory Board in the region consisting of seasoned business professionals who have significant ties to the region, all of whom will help with the Bank’s business development efforts.

About Meridian Bank
Meridian Bank, the wholly owned subsidiary of Meridian Corporation, is an innovative community bank serving Pennsylvania, New Jersey, Delaware, Maryland and Florida. Through more than 20 offices, including banking branches and mortgage locations, Meridian offers a full suite of financial products and services. Meridian specializes in business and industrial lending, retail and commercial real estate lending, electronic payments, and wealth management solutions through Meridian Wealth Partners. Meridian also offers a broad menu of high-yield depository products supported by robust online and mobile access. For additional information, visit our website at Member FDIC.