Gregory Kay leads the team in First Bank’s corporate branch office in Hamilton, NJ where he works to grow relationships in the local community.
Greg has been in the finance industry since 2001. He began his career with HSBC in Philadelphia before shifting his focus to New Jersey with TD Bank. In 2013, he was tapped by First Choice Bank (now Berkshire Bank) to open a new branch office in Yardley, Pennsylvania, and in five years he grew that branch to $36 million.
Greg attended Ocean County College and Rutgers University. He serves on the board of directors of Advancing Opportunities, an agency that serves to enhance the lives of people with disabilities across the State of New Jersey. He is also involved with various chambers of commerce in NJ and PA, along with several other business networking groups.
Recorded history of the area dates back to the 1600s, when it was a sojourn between Philadelphia and New York called Queenstown. As lodging could be had in one of the town taverns for pennies, the town name was changed to Penny Town in the early 1700s. Not much of a leap, by the middle of the 18th century, it settled into its current name of Pennington. Together with Hopewell Borough and Hopewell Township, the greater Hopewell Valley is steeped in history and tradition, including covering part of the trail Washington’s troops traveled on their way to the Battle of Trenton.
The Pennington branch is located just off of Route 31, only a couple of miles from the Route 295 interchange.
As Branch Manager and Business Development Officer, Ruth Powell is responsible for day-to-day branch operations, branch personnel and development of new business in the Pennington and Hopewell communities.
Mrs. Powell brings over 23 years of experience to the First Bank team. She has been a Branch Manager for Hopewell Valley Community Bank and Northfield Bank in Pennington, New Jersey.
Ruth Powell is a member of the Pennington Business and Professional Association.
Carol Monaghan oversees all areas of the branch including daily operations, sales, relationship building, associate performance and assists with new business development. Carol has over 20 years of banking management experience.
Carol holds an Associates Degree in Business Management and Marketing. She is a member of Middlesex County Regional Chamber of Commerce, Franklin Township Chamber of Commerce and the Somerset Business Partnership.
Terrance leads the bank’s Central Jersey commercial lending team from First Bank’s headquarters in Hamilton, NJ. He brings 16 years of commercial lending experience to First Bank where he specializes in servicing commercial middle market banking clients while providing a range of banking solutions that include a full complement of commercial lending and deposit capabilities. Terrance’s banking philosophy involves a proactive, relationship building to partner with clients for all of their business lending needs. Efficiency, effectiveness and a proactive partnership is at the forefront of the business relationship. Terrance understands the importance and value of what a client seeks in a banking partner while bringing strategic solutions that help company’s gain access to capital to help their businesses grow.
Prior to joining First Bank, Terrance served as Relationship Manager and Vice President at Investors Bank, where he focused on building business Relationships via lending, cash management and other ancillary banking products. Terrance also spent 7 years as a Relationship Manager and Vice President at Santander Bank in the same role at Investors Bank. During Terrance’s time with Investors Bank he was recognized as one of the “Best of the Best” bankers by the bank in 2014, 2015, and 2016. He was also a part of Investors Bank “Circle of Excellence” for the one of the Bank’s top lending and deposit producers in 2014, 2015, and 2016.
Terrance has been in commercial banking for 16 years, during which he has established himself in many roles from business banker, business development and leadership. Terrance holds a Bachelor Degree in Economics from the University of Notre Dame and a M.B.A in Finance from Rutgers University. He resides in Plumsted Township.