Meridian Bank Hires Tim Merrell to Head Payments Group
Meridian Bank is pleased to announce that Tim Merrell has joined the Bank as Senior Vice President of Payments. In this role, Merrell will lead Meridian’s Payments group, which provides customized card payment solutions to business clients. He will also work closely with Meridian’s cash management and government banking groups to ensure their continued growth and success.
A graduate of Peirce College in Philadelphia, Merrell has over 15 years of experience with financial institutions, specializing in cash management, government and escrow banking, and merchant services. Prior to joining Meridian, Merrell was a Senior Vice President with Penn Liberty Bank (now WSFS), as well as SVP, Director of Cash Management and Government Banking at Beneficial Bank, where he built a sales, operations and service team which developed over $1 billion in new deposits and $1 million in annual fee income.
“Tim brings a wealth of experience and market knowledge to Meridian and we’re thrilled to have him leading our payments group,” said Meridian Bank CEO Chris Annas.
In addition to being a Certified Treasury Professional, Merrell is a member of various industry associations, including: Association for Financial Professionals, Philadelphia Association for Financial Professionals, Government Finance Officers Association of PA, Electronic Transactions Association, and Merchants Acquirers’ Committee. He is also a former Director at RSVP of Montgomery County and served on the finance committee at St. Andrew’s Church. Tim resides in Lower Providence Township with his family and can be reached via email at email@example.com.
Headquartered in Malvern, PA, Meridian Bank serves Pennsylvania, New Jersey and Delaware with a comprehensive array of banking services. In addition to a robust business banking platform, Meridian’s specialties include commercial and consumer real estate financing, residential mortgages, investment and wealth management services, retail banking and electronic payments processing.