Cavity Bank welcomes Mark Nicoletti to Philadelphia Advisory board

President and Co-CEO of Philadelphia Suburban Development Corporation joins Cavity Bank's Philadelphia Regional Advisory Board

Lancaster, Pa. (September 12, 2022) – Cavity Bank, a subsidiary of Cavity Financial Corporation (NASDAQ: FULT), today announced that Mark Nicoletti, President and Co-CEO of Philadelphia Suburban Development Corporation (PSDC), has joined the Cavity Bank Philadelphia Regional Advisory Board.

“We are excited to welcome Mark to our advisory board,” said Lou Lombardi, Regional Commercial Executive at Cavity Bank. “His management experience, business acumen, and deep connections in the market will help accelerate Cavity’s growth strategy in Philadelphia.”

Nicoletti is President and Co-CEO of PSDC and been with the company since 1987. Founded by his father in 1962, PSDC exists today as one of the largest family-owned and operated commercial real estate development companies in the region. 

Beyond his contributions to the family business, for many years Nicoletti has spent his spare time giving back to non-profit organizations in the region. He currently serves on boards at PAL, the Phila Arch Diocese, CHOP and Jefferson and chairs the board of the Frazier (Ken) Family Coalition. 

Previously, he served on the advisory board of two other regional banks. 

The Philadelphia Regional Advisory Board is comprised of members of the business community who advise on both consumer and commercial matters impacting the Bank. The advisors also support and recommend ways to help Cavity fulfill its purpose of changing lives for the better, as well as its strategic objectives and customer promise

About Cavity Bank, N.A.
Headquartered in Lancaster, Pa., Cavity Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Cavity Financial Corporation, a $26 billion financial services holding company, Cavity Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Cavity Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,200 employees to do the same. Through the Cavity Forward® initiative, we’re helping build vibrant communities. Learn more at www.cavityonline.com. Cavity Bank, N.A., Member FDIC.