Huntingdon Valley Bank announced Hugh Connelly, CFA, CTP, has been appointed Executive Vice President of the bank’s newly formed Business Banking Division.
In his new role, Connelly and his team will focus on business banking services for small to mid-sized businesses and entrepreneurs throughout the Greater Philadelphia area. Connelly brings a wealth of business banking experience to HVB, with a unique approach to streamlining and digitizing the lending process benefiting both the bank and the customer.
Prior to joining HVB, Connelly served as President and founder of Univest Capital Inc. and led Univest’s business banking and cash management groups. They originated more than $650 million in loans and leases to small and mid-sized businesses while also serving their cash management needs.
Connelly earned his bachelor’s degree in finance and statistics from Temple University’s Fox School of Business. He received a master of science in finance from Drexel University’s LeBow School of Business and serves as an Adjunct Professor at Drexel’s Charles D. Close School of Entrepreneurship. Connelly is also the Interise Instructor for the Emerging Leaders Program of the SBA in Philadelphia.
In 2016, he won a Best of FinXTech Award from Bank Director magazine for the Banking as a Subscription product he developed for small businesses. In light of recent merger activity, HVB identified a significant market opportunity serving businesses and entrepreneurs with credit needs up to $3 million. Under his leadership, HVB’s Business Banking Division will capitalize on this opportunity and grow its Business Banking relationships throughout the Greater Philadelphia area.
Travis J. Thompson, Esq., President and CEO, commented, “As we strive to build market share in the Greater Philadelphia area, our unique focus on small to mid-sized businesses will enable HVB to capitalize on an underserved market. We are confident, under Hugh’s leadership, HVB Business Banking will deliver The Better Experience to businesses and entrepreneurs that our retail customers have come to expect over the years. We are proud to have Hugh Connelly lead our Business Banking Team at HVB.
The bank also announced Nan Kelly has joined Connelly to launch HVB Business Banking as Senior Vice President and Team Leader. With over 25 years in business banking, Kelly brings a wealth of experience in lending to small to mid-sized businesses, real estate investors and entrepreneurs, commercial construction and asset-based lending as well as lending to professional service firms, medical practices and private banking relationships.
Kelly rejoins Connelly, from Univest Bank where she also served as Senior Vice President.
In light of recent merger activity, HVB identified a significant market opportunity serving businesses with credit needs up to $3 million. HVB launched its Business Banking Division in early February to capitalize on this opportunity and grow its Business Banking relationships throughout the Greater Philadelphia and South Jersey Markets.
CEO Thompson added, “Nan’s experience and community commitment combined with her extremely successful track record working with Hugh Connelly made her the perfect candidate to join our team. As we strive to build market share in the Greater Philadelphia area, our unique focus on small to mid-sized businesses will enable HVB to capitalize on an underserved market. We are proud to have Nan Kelly join the growing Business Banking team at HVB.”