Allen Promoted to VP/Business Development Officer of Harmony Bank

Posted on May 6, 2015 By

Leonard Allen, West Long Branch, N.J., has been promoted to vice president and business development officer for Harmony Bank, with headquarters in Jackson. His main responsibility includes building, expanding and enhancing business and customer relationships in the Lakewood community.

Before his promotion, Allen was the vice president and branch manager of Harmony Bank, 500 River Avenue, Lakewood. Allen had served as the second vice president and community banking manager for Investors Saving Bank for 14 years prior to joining Harmony Bank.

Michael Schutzer, president and CEO of Harmony Bank, said, “Since our opening in 2008, we have developed excellent relationships in the Lakewood community. Because of the continued growth in the community, we decided to have Len focus solely on enhancing and growing those relationships. Len’s experience, background, skills, and knowledge of the market make him the perfect candidate for this position while reporting directly to the CEO.”

Allen, a 1986 graduate of Wall Township High School, is dedicated to helping the local community. He is the vice president of Special Hospitals of New Jersey Foundation, Oceanport; immediate past president of the Lakewood Chamber of Commerce; a member of the board of directors of Strand Ventures, Inc.; and a volunteer for Girl Scouts of Ocean County.

Among his honors, Allen was named a 2009 and 2010 Business Person of the Month, and the 2007 Citizen of the Year by the Lakewood Chamber. Investors named him Best Business Banker as well as Best Community Banker in 2009.

About Harmony Bank: Harmony Bank, 2120 West County Line Road, Jackson, was founded in 2008 to provide consumers and small to moderate-sized businesses with banking services in Ocean County and Monmouth County. Harmony opened its second branch at 500 River Avenue, Route 9, Lakewood, in 2010; and a Toms River Branch at 104 Route 37 in May 2013.

Harmony Bank offers a full range of personal banking services, including direct deposit, overdraft protection, remote deposit capture, IRAs and certificates of deposit. Lines of credit, letters of credit, commercial mortgages, construction loans and term loans are also available to business customers.