Thomas Stackhouse has been promoted to Executive Vice President, Senior Credit Officer based in Oak Ridge, N.J., Thomas J. Shara, President and CEO of Lakeland Bank, announced.
With more than 25 years of industry experience, Stackhouse will be responsible for asset quality and risk management for the bank's loan portfolio. Before joining the bank in 2019 as First Senior Vice President, Senior Credit Officer, he was a Commercial Real Estate Underwriting Manager at Provident Bank in Iselin, N.J. Prior to that, he was Senior Vice President Construction Lending and Senior Vice President and Chief Credit Officer at Investors Bank in Short Hills, N.J. where he was responsible for strengthening the credit culture and expanding the credit risk department staff from two to 50 members.
Stackhouse earned a bachelor of science degree in business administration at Villanova University and is a graduate of Stonier Graduate School of Banking.
Lakeland Bank is the wholly owned subsidiary of Lakeland Bancorp, Inc. which has over $7 billion in total assets. Business services include commercial loans and lines of credit, commercial real estate loans, loans for healthcare services, asset-based lending, equipment financing, small business loans and lines, and cash management services.