Daniel J. Machon, Jr.
President and CFO

Mr. Machon began his banking career in 1985 as a teller for Keystone Savings & Loan Association in Germantown, PA. By 1987, Mr. Machon had assumed the role of Controller. From 1989 to 1996 Mr. Machon served as the Chief Financial Officer. In 1997, Mr. Machon was named the acting President of Keystone Savings & Loan Association and successfully completed a merger transaction with St. Edmond’s Federal Savings Bank.

Mr. Machon remained with St. Edmond’s Federal Savings Bank until 1998 when he took the position of Controller at USABancShares.com, Inc., a publicly-held bank holding company. Within two years, he was named the Chief Financial Officer.

In October, 2002, USABancShares.com, Inc. was purchased by NOVA Financial Holdings, Inc., a privately-held bank holding company. After the acquisition, Mr. Machon assumed the role of chief financial officer of NOVA Financial Holdings, Inc., which became the parent company of NOVA Savings Bank. While at NOVA Savings Bank, Mr. Machon was responsible for financial reporting to the board of directors, the shareholders, the FDIC, and the Pennsylvania Department of Banking. Additionally, he was responsible for corporate-wide internal accounting controls and disclosure as required. Mr. Machon left NOVA Financial Holdings, Inc. in September 2005 to serve as the Chief Financial Officer and Chief Operating Officer for Colonial American Bank.

Mr. Machon is a 1985 graduate of LaSalle University where he earned his Bachelor of Science degree in Accounting, with a minor in Computer Science.