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Delanco Federal Savings Bank names new COO

Delanco Federal Savings Bank, the sole subsidiary of Delanco Bancorp, has hired James Igo as its new executive vice president and COO.

Most recently Mr Igo served as the senior vice president at Beneficial Bank managing commercial lending for the south Jersey market.

Doug Allen, president of Delanco Federal Savings, said: Jim brings to the bank his 29 years of experience and knowledge of our local communities. I am sure his commitment to excellence will be well received by our customers.

Mr Igo added: I look forward to working with the board and the employees of Delanco Federal Savings, to continue to build on those strong bonds and continue to serve those customers that I have built long term relationships with.