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January 14, 2010

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Valley Green Bank opens 3rd area office in Radnor

The Valley Green Bank’s executive team (from left) Bob Marino, president, Delaware Valley Region; Al Thorell, chairman, and Jay Goldstein, president and CEO.

Valley Green Bank this week will expand its reach into the Delaware Valley with a new regional office that will specialize in lending to commercial and industrial clients.

Bob Marino, a banker with 26 years experience, will lead a Radnor-based team of National Penn Bank transplants that has already developed a strong relationship with large businesses in the region.

“A small bank gives us the opportunity to make our clients big fish in a small pond,” Marino said in a phone interview on Monday, adding that his team’s business model represented a perfect “complement” to Valley Green’s small-business-oriented loan portfolio.

Marino has served as president of National Penn Bank’s southern region since 2006. He oversaw the operations of 25 branches, three commercial loan centers, 200 employees and $1.4 billion in deposits in Philadelphia, Montgomery, Delaware and Chester countries.




Princeton Energy Systems: Will Agate and Bill Smith. (Photo by Pete Mazzaccaro)

Small local office produces big sustainability plans

You would never know from the look of the modest office space on West Evergreen Avenue that the highest of high tech innovation is being planned within its walls.

The interior is spacious but simple. There are chairs, phones, desks – the usual office gear. There are no supercomputers (that I could see). No lab equipment. The space could have served a group of accountants or lawyers just as well.

But the work done at Princeton Energy Systems by principal Dave Smith, vice president Will Agate and the rest of their small staff is not simple white-collar work. This is the office in which Smith and Agate work on an innovative new way to cool the turbines of what is planned to be the largest solar installation in the world. The project, which will take 15 years and $2 billion to complete, was awarded to a company that used Princeton Energy System’s turbine cooling plans.



14th District gets new captain and new policing system

Residents in the 14th Police District have their work cut out for them: getting to know a new captain and becoming familiar with a new policing system.

As of Monday, Capt. Joseph Bartorilla, of the 22nd Police District, will take over for Capt. Winton Singletary, who has moved on to head the Northwest Detectives Division, just as the city is completing its transition to Police Service Areas.




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