Paramus-based Five Rivers Bank as appointed Thomas M. Coughlin as president and chief executive officer. A founder of community banking institutions, Coughlin established Bayonne Community Bank in 2000 with $6 million in seed funding and grew it into a $3.8 billion institution with 29 branches across New Jersey and New York before concluding his tenure there in 2023. Along the way, he completed three bank acquisitions, led five capital stock offerings, and earned a reputation as one of the most community-engaged bankers in the region.
Coughlin serves as president of the Bayonne Chamber of Commerce, president of the American Heart Association of NJ, Rotarian, director of gift of Life Bergen County, and director of the International Humanitarian Foundation, among other roles.
“Tom embodies what Five Rivers Bank stands for,” said C. Mark Campbell, outgoing president and CEO. “He’s a builder. He’s a connector. And in his first weeks here, he’s already demonstrated strong leadership and clear direction on growing our impact.”
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