Community Banking at Heart - William Penn Bank

About Us

We have been serving the local needs of our communities and customers for over 150 years. As we celebrate the deep roots of our past and plant new seeds for the future, we give our sincere thanks to you.

Kenneth J. Stephon - Chairman, President & Chief Executive Officer

Ken Stephon became Chairman of the Board on November 18, 2020, and has been Chief Executive Officer since February 1, 2019. He became President on October 1, 2018 and had been Senior Executive Vice President and Chief Operating Officer from July 1, 2018 until September 30, 2018 following William Penn Bank’s merger with Audubon Savings Bank. At Audubon Savings he was President and Chief Executive Officer from October 2013 to June 30, 2018. Before joining Audubon Savings, Mr. Stephon held a wide range of executive roles in the banking industry, including CEO at Liberty Savings Bank in Pottsville, PA and Clover Bank in Pennsauken, NJ.

Mr. Stephon is on the Board of Directors of the Pennsylvania Association of Community Bankers and the Insured Financial Institutions of the Delaware Valley. He holds a Bachelor of Science Degree in Accounting from Trenton State College (The College of New Jersey) and received an M.B.A. from Rider University.

James R. Read - SVP, Chief Technology Officer

Jim has more than 35 years of experience in providing technology solutions to the financial services industry, and has provided various unique technology solutions since joining Audubon Savings Bank in 2006. Jim spearheaded the systems integration in connection with the merger of William Penn Bank and Audubon Savings. Before joining the Bank, Jim spent nearly two decades with Pifer Financial Systems, a leading provider of technology services for the banking industry. In his role as CTO of Pifer, he managed a staff of 30 technicians, developed various products for the company, and designed and oversaw the installation of hundreds of local and wide area networks for banks. Jim’s expertise has made him a sought after speaker to numerous organizations to provide insight on the effective use of technology in the financial services industry.

Alan B. Turner - EVP, Chief Lending Officer

Alan B. Turner is Executive Vice President and Chief Lending Officer, joining the Bank in March 2021. Before joining William Penn Bank, he served as the Senior Vice President and Regional Commercial Manager for OceanFirst Bank, successor to Two River Community Bank, where he served as the Executive Vice President and Senior Loan Officer for 20 years. Overall, he has over 34 years of banking and commercial lending experience.

Mr. Turner began his banking career in 1987 with Chemical Bank as a Credit and Loan Review Analyst. From 1989 to 1995 he served as the Assistant Vice President of Commercial Real Estate with Central Jersey Bank and Trust. Following Central Jersey’s acquisition by NatWest Bank, NA in 1995 he first served as Assistant Vice President, and later as a Vice President, of Commercial Real Estate/Relationship Manager/Team Leader. He then became Vice President/Relationship Manager at NatWest’s successor, Fleet Bank NA in the commercial real estate division covering the Philadelphia / Washington DC corridor through October of 2000.

Mr. Turner is a graduate of The George School and holds a BA degree in Justice from The American University in Washington, DC.

Amy J. Logan - EVP, Chief Operating Officer

Amy Logan joined the Company and the Bank as Executive Vice President and Chief Operating Officer in May 2021.

Amy previously served as Senior Vice President and Corporate Controller of WSFS Financial Corporation, the parent company of WSFS Bank, headquartered in Wilmington, Delaware with approximately $14 billion in assets. Amy joined WSFS in 2019, following the acquisition of Beneficial Bancorp, Inc., the parent company of Beneficial Bank, headquartered in Philadelphia, Pennsylvania with approximately $6 billion in assets, where Amy served as Senior Vice President and Chief Accounting Officer. During her tenure with WSFS, Amy was involved in the successful financial integration of the systems and operations of Beneficial Bank. During her tenure with Beneficial, Amy led the financial integrations for two major acquisitions, managed the second-step conversion of the Bank, and directed Beneficial’s financial reporting and accounting operations. Amy joined Beneficial Bank in 2007 following the acquisition of Farmers & Mechanics Bank, headquartered in Burlington, New Jersey with approximately $1.1 billion in assets, where she served as the Vice President and Corporate Controller. Amy began her career with Coopers & Lybrand where she served as an Audit Manager in the financial services industry.

Amy is a Certified Public Accountant and received her Bachelor of Science degree in Accounting from the University of Delaware.

Rob Colby - SVP, Chief Accounting Officer

Rob Colby joined the Bank as Senior Vice President and Chief Accounting Officer in May 2021. Rob previously served as Assistant Vice President of WSFS Financial Corporation, the parent company of WSFS Bank, headquartered in Wilmington, Delaware with approximately $14 billion in assets. Rob joined WSFS in 2019, following the acquisition of Beneficial Bancorp, Inc., the parent company of Beneficial Bank, headquartered in Philadelphia, Pennsylvania with approximately $6 billion in assets, where he served as Vice President and Assistant Corporate Controller for seven years. Rob brings over ten years of experience in the public banking industry and started his career in public accounting with a focus on the financial services industry.

Rob holds a Bachelor of Science Degree in Accounting from Rutgers University and is a Certified Public Accountant.

Jeannine Cimino - EVP, Chief Retail Officer

Jeannine Cimino is Executive Vice President and Chief Retail Officer, joining the Bank in July 2021. Cimino is responsible for the executive management of the Bank’s retail banking sales and service delivery function including their entire branch network, along with Private Banking, sales and service distribution and mortgage sales.

Cimino, a retail banking executive for more than 20 years, is a trusted leader, mentor and influencer. She has hands-on business experience, cutting edge insights and a background of strategic development and tactical execution. Prior to joining William Penn, Cimino served as Senior Vice President, Regional President at Berkshire Bank.

Mrs. Cimino began her career in the Financial Services Industry in 1991 working on Wall Street for PaineWebber/UBS from 1991 through 2005, when she joined Sovereign Bank as Vice President of Retail Banking until the acquisition by Santander Bank in 2008, at which time she was promoted to Director of Marketing for NY & NJ. In 2010 she joined First Choice Bank as the Director of Marketing until the acquisition by Berkshire Bank where she assumed the role of Regional President.

Cimino is a graduate of Brooklyn College, where she obtained a Bachelor of Science in Business Management.

Nina D. Melker - SVP, Private Banker

Nina D. Melker has been in the banking industry for the last forty years with a range of experience in retail and lending. She spent twenty-three years at Yardville National Bank where she was First Senior Vice President in charge of Community Banking. As head of the Community Banking division, Nina maintained a strong presence in the community, diversifying her time between monitoring sponsorships and donations from the bank in the community as well as serving on many boards and committees. She built and monitored a multi-million dollar lending and deposit portfolio. She has worked at The Bank of Princeton, Hopewell Valley Community Bank and Berkshire Bank. She has been a Private Banker where she assists clients with personalized service for all retail and lending needs. She has recently joined William Penn Bank where she will manage the Private Banking division.

Nina continues to be very active in the community serving on numerous boards and committees. Some of the boards and committees she serves on include, RWJBARNABAS Hamilton Board of Trustees, where she serves as Vice Chair; The Foundation of St. Lawrence Rehabilitation and Morris Hall; Hamilton Education Foundation; Ryan’s Quest; Iron Mike Foundation; Miracle League of Mercer County and Clara’s Heart. The community has rewarded her with several awards including Business Person of the Year from Nottingham High School FBLA; the Community Compassion Award by Contact of Mercer County; the Humanitarian Award from Kidsbridge; the Person of the Year from the Hamilton YMCA; and the Community Service Award from the Iron Mike’s/Trenton Catholic Academy. In 2014 she was inducted into the YWCA NJ Women’s Hall of Fame and in 2016 she was installed into the Italian American National Hall of Fame.

Nina has been married to her husband Michael for 37 years and together they raised two beautiful daughters, Jillian and Jennifer. They were blessed with a beautiful daughter in law, Jennifer and three grandchildren, Gianna, Isabella and Jackson.

Martha M. Morley - SVP, Commercial Loan Officer

Martha M. Morley is our Senior Vice President and Commercial Loan Officer. She joins us with over 37 years of commercial lending experience, which includes an extensive commercial real estate and construction background in community banking. Martha most recently served as Vice President in Commercial Lending at Investors Bank.