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Applied Bank announces Carmen Facciolo Jr. as new director

Wilmington, DE. August 30, 2016 – Applied Bank, Wilmington, DE, is pleased to announce the appointment of Carmen Facciolo Jr. to Applied Bank’s Board of Directors.

Carmen currently serves as the President of NAI Emory Hill Real Estate Services, Inc. and Vice President of Emory Hill & Company, the construction division in New Castle, Delaware. Prior to becoming a partner with Emory Hill in 1983, Carmen was with the Jackson Cross Company and Facciolo Construction. Carmen has also served as NAI Director for Emory Hill Real Estate Services since the company’s affiliation with NAI Global in 1997.

Carmen is a graduate of Widener University where he earned both his undergraduate and MBA degrees. He is a licensed real estate agent and broker of record in Delaware and New Jersey.

In addition to his role at Applied Bank, Carmen serves as a board member for Benefits Connections for the New Castle County Chamber of Commerce, the Commercial-Industrial Realty Council and the Mary Campbell Center, as President and also serves on the golf committee for the prestigious annual Charmie Welch Open golf fundraiser. Additionally, Carmen is a member and serves a number of professional affiliations including SIOR, Tri-State Commercial-Industrial Realtors, New Castle County Board of Realtors and National Association of Realtors. Carmen was the former Chairman of the New Castle County Chamber of Commerce and the New Castle County Economic Development Council.

“Carmen’s vast experience in real estate and construction will add a valuable perspective to the Bank and our Board of Directors,” stated Applied Bank Chairman and CEO Rocco Abessinio. “His extensive knowledge will be very beneficial to the further growth of the Bank’s real estate and construction financing divisions.”

Applied Bank is Delaware’s number one rated bank with branches in Wilmington and Rehoboth Beach, Delaware. For more information, contact Matthew Lee, Senior Vice President, at 302-326-4200 extension 29526.