Grenier Names Chief Risk Office at JBT
Jonestown, PA
05/20/2021 09:36 AM
Jonestown Bank & Trust Co. (JBT) recently announced that Michael Grenier of Harrisburg, PA, has been promoted to Chief Risk Officer.
As Chief Risk Officer, Grenier is responsible for overseeing JBT’s risk management efforts, loan workout and collections, credit administration, ensuring compliance with regulatory requirements such as the Bank Secrecy Act (BSA), as well as security efforts related to monitoring suspicious banking activity and the physical safety of JBT locations.
“As JBT continues to grow in both size and complexity, the responsibility to identify, mitigate, and manage risk is increasingly important and that’s why it’s great to have someone as experienced and skilled as Michael in the role of Chief Risk Officer,” said Troy A. Peters, President and CEO of JBT. “With Michael in this role we are continuing in our commitment to be the top performing independent community bank in the communities we serve.”
Grenier has been employed with JBT for over nine years in various roles, including his most recent position as Assistant Vice President Credit Administration & Risk Management Officer. Grenier joined JBT as branch manager at the bank’s Quentin Road location before being named Credit Administration Officer. A graduate of Gettysburg College with a B.A. in Management and Economics, Grenier is a licensed Certified Community Bank Risk Specialist with 33 years of banking experience.
“I’m really looking forward to forging new working relationships with departmental leaders throughout JBT,” said Grenier. “In addition, I’m eager for the opportunity to ‘wade into the deep end of the pool’ in the areas of Compliance and BSA/Security.”
JBT serves customers in Lebanon County, Lancaster County, and Berks County. Founded in 1873, JBT currently has assets of over $750 million and 14 full-service locations.
