Skip to main content

Univest Bank and Trust Co. Appoints Patrick McCormick as Chief Credit Officer

Written by Customer Service on . Posted in Public Companies.

Patrick McCormick

Univest appoints Patrick McCormick as Chief Credit Officer.
Univest appoints Patrick McCormick as Chief Credit Officer.

McCormick, Patrick

SOUDERTON, Pa., April 07, 2022 (GLOBE NEWSWIRE) — Univest Bank and Trust Co., subsidiary of Univest Financial Corporation (NASDAQ: UVSP), announced the appointment of Patrick McCormick as Executive Vice President and Chief Credit Officer. McCormick brings nearly 20 years of credit experience in the financial services industry to his role. He will be responsible for overseeing credit policy and managing credit risk for the bank’s loan portfolio. McCormick replaces Duane Brobst who is retiring from the Chief Credit Officer role after more than 30 years with Univest.

“We are excited to welcome Patrick to the Univest Family and look forward to his contributions as a member of our senior leadership team,” said Mike Keim, President, Univest Bank and Trust Co. “Patrick’s extensive experience in credit policy and credit risk management will be integral as we continue to grow our loan portfolio and move Univest forward. We also congratulate Duane on a tremendous career and wish him a long, happy and healthy retirement. His contributions have been significant to our success, and we look forward to Patrick continuing his legacy.”

McCormick is a graduate of Ithaca College. He lives out Univest’s core value of Community by volunteering with nonprofit organizations and serving as coach for various youth sports teams in the Wilmington, Delaware area where he resides.

About Univest Financial Corporation
Univest Financial Corporation (UVSP), including its wholly owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $7.1 billion in assets and $4.9 billion in assets under management and supervision through its Wealth Management lines of business at December 31, 2021. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations primarily in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices and online at www.univest.net.

MEDIA CONTACT:
Nicole Heverly
Senior Vice President, Corporate Communications
Univest Financial Corporation
215-721-2450, heverlyn@univest.net

A photo accompanying this announcement is available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/c3b9dc22-7e89-460a-ad69-21b783ac240c

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.