S&T Bank Announces New Appointments in Wealth Management, Commercial Lending Areas

News provided by

Mar 05, 2012, 10:37 ET

INDIANA, Pa., March 5, 2012 /PRNewswire/ -- S&T Bancorp, Inc. (NASDAQ: STBA), a full-service financial institution with branch locations in 10 Pennsylvania counties, is pleased to announce the recent appointments of the following individuals to various roles in the bank's wealth management group:

Mark W. Ambrose, CFP® has been named vice president, financial advisor. In this role, Ambrose develops customized portfolios and oversees performance for each client. Prior to joining S&T Financial Services, Ambrose worked in the wealth management divisions for two other regional banks. Ambrose is a Certified Financial Planner™ and holds an MBA from Bowling Green State University and a Bachelor of Arts in economics from the University of Pittsburgh.

Jason J. Marcieski has been named vice president, financial advisor. In his new position, Marcieski will work with clients to develop solutions for their current and future financial needs and goals. Prior to joining S&T Financial Services, Marcieski worked as financial advisor at another regional bank. Marcieski holds a Bachelor of Arts in communications from Temple University and is in the midst of earning his MBA in finance at Indiana University of Pennsylvania.

Brandon M. Pruss has been named vice president, wealth management advisor. Pruss works closely with prospective individual and institutional clients to create financial strategies tailored to their specific financial goals. He also helps clients with portfolio analysis, charitable giving strategies, business transfer strategies and estate planning. Prior to his role with S&T Bank, Pruss worked at another regional bank. Pruss holds a bachelor's degree in English from Pennsylvania State University.

William B. Simmons has been appointed vice president, wealth management advisor. In this role, Simmons works closely with prospective individual and institutional clients to create financial strategies tailored to their specific financial goals. Simmons specializes in portfolio analysis, alternative investments, charitable giving strategies, business transfer strategies and estate planning. Prior to joining S&T Wealth Management, Simmons worked as an investment advisor and provided personal counseling to clients concerning investment and retirement planning.

Scott D. Porterfield has been appointed to the role of vice president, mineral management advisor. In this role, Porterfield is responsible for providing professional mineral management consulting services to landowners leasing their mineral rights to gas and oil companies. Prior to joining S&T Bank, Porterfield was head of retail banking at Irwin Bank & Trust Company. Porterfield received his Bachelor of Science in business administration from Geneva College.

Matthew D. Scicchitano has been named assistant vice president, mineral management advisor. In his new role, Scicchitano will be responsible for providing professional mineral management consulting services to landowners leasing their mineral rights to gas and oil companies. Prior to joining S& Mineral Management, Scicchitano was a small business lender for S&T Bank. Scicchitano earned a Bachelors of Arts in political science from the University of Pittsburgh.

(Logo: http://photos.prnewswire.com/prnh/20070920/NETH079LOGO)

In addition, Jonathan Levine has been appointed vice president, community lending manager, where he will oversee eight of the bank's community lenders. Prior to his position with S&T Bank, Levine served in business banking roles at two other financial institutions.

"At S&T Bank, we are focusing on these key areas of wealth management and commercial lending to respond to marketplace demand and to ensure that our customers get the personalized service that they are accustomed to receiving from us," said Todd D. Brice, president and chief executive officer of S&T Bank. "I am pleased to welcome all of these highly qualified individuals to the S&T Bank team."

For more information about S&T Bank, please visit www.stbank.com or call 800.325.BANK.

About S&T Bancorp, Inc.
Headquartered in Indiana, PA, S&T Bancorp, Inc. operates offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. With assets of $4.1 billion, S&T Bancorp, Inc. stock trades on the NASDAQ Global Select Market under the symbol STBA. For more information, visit www.stbank.com.

NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE

All securities and advisory services offered through Investment Professionals, Inc. (IPI), a Registered Broker/Dealer & Registered Investment Advisor and member FINRA & SIPC. The investment services offered by IPI under the name S&T Financial Services are in no way affiliated with or offered by S&T Bank, nor is S&T Bank a registered broker/dealer. Customers working with S&T Financial Services will be dealing solely through IPI with respect to their investment, brokerage and securities transactions. IPI does not offer or provide legal or tax advice. Please consult your attorney and/or tax advisor for such services. The products offered by Investment Professionals, Inc. are not insured by the FDIC, the NCUA or any other agency of the government, are not deposits or other obligations for the Bank or guaranteed by the Bank and involve investment risks, including possible loss of principal amount invested.

SOURCE S&T Bank