First Resource Bancorp, Inc. announced the appointment of Lauren Ranalli as the new President succeeding Glenn Marshall who has retired after 19 years of dedicated service to the company. Ranalli, who co-founded the Bank alongside Marshall in 2005, steps into her new role with a wealth of experience and a steadfast commitment to the Bank's mission and values. The decision to promote Ranalli to President & CEO was first announced in September of 2023 following Glenn Marshall's announcement of his retirement, which is effective as of today.

Having long served as the Bank's Chief Financial Officer and most recently as President, Ranalli's extensive background in banking and finance puts her in a position to steer First Resource Bank toward continued growth and success. Marshall, who played an integral role in shaping the foundation of First Resource Bank, leaves behind a legacy of leadership, innovation, and unwavering dedication to clients and community. Marshall will continue his involvement with First Resource Bank as Vice Chair of the Board of Directors as well as serving as a member of numerous Board Committees.