Brunswick Bancorp (OTCBB:BRBW) announced today the sudden passing of
Chairman and CEO Roman T. Gumina. Director Frank Gumina, Jr. will become
Interim Chairman of the Company. President Nicholas A. Frungillo, Jr.
will remain as President of the Company.
Chairman Gumina stated: “We are shocked and saddened by the sudden
passing of our friend and colleague, Roman Gumina. The Company remains
in the capable hands of our President, Nicholas A. Frungillo, Jr., who,
with the assistance of the Board, and Senior staff will continue to
guide the Company through this transition period. We remain strongly
capitalized, and look forward to continuing to serve our clients and
Brunswick Bancorp is the holding company for Brunswick Bank & Trust, a
New Jersey chartered commercial bank which serves central New Jersey
through its New Brunswick main office and six additional branch offices.
As of March 31, 2018, the Company had consolidated total assets of
$185,263,000, total loans of $141,644,000 and total deposits of
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