Meet TruMark Financial’s Senior Team

Richard F. Stipa, Chief Executive Officer

In 2001, Richard F. Stipa became TruMark Financial’s Chief Executive Officer. An experienced professional in the financial services field, Stipa has served as a financial institution President/CEO since 1992. He graduated from Ursinus College with a bachelor’s degree in Business and Economics and received an MBA from Drexel University.

Stipa is a Director and Vice-Chair of the Pennsylvania Credit Union Association, a Director and Board Chair for Campaign for Working Families, Inc., and the Vice-Chair for the Credit Union Advisory Council of the National Association of State Credit Union Supervisors.

Previous affiliations include Director of the Pennsylvania Credit Union Foundation; member of the United Way’s Income Vision Council; member of the Federal Reserve Bank of Philadelphia’s Community Depository Institution Council; member of the Pennsylvania Credit Union Association’s Government Affairs Committee and State Advisory Committee; member of the Pennsylvania Credit Union Association’s iBelong Task Force and Election/Dues Taskforce; member of the Credit Union National Association’s State Subcommittee; member of PSCU’s Strategic Planning Committee; and a member of the Pennsylvania Gubernatorial Transition Team.


 

Vince Market, Executive Vice President/Chief Operating Officer

As the Executive Vice President/Chief Operating Officer, Vince Market oversees the following departments: accounting/financial management, compliance, facilities, IT, transactional services, security/fraud, and human resource areas of the credit union. He has been in the financial institution industry and has worked at TruMark Financial in numerous positions for over 30 years.

Market serves on the Pennsylvania Credit Union Association’s Government Affairs Committee and serves as the President of the Montgomery Chapter of Credit Unions. In addition to his work in the financial industry, Market has been an adjunct professor of finance in La Salle University’s (Philadelphia) MBA program for over 10 years. He has a Bachelor’s Degree in Finance and Risk Management and an MBA Degree in Finance from La Salle University.


 

Kelly Botti, Senior Vice President, Chief Risk Officer and Corporate Counsel

Senior Vice President, Chief Risk Officer and Corporate Counsel, Kelly Botti oversees TruMark Financial’s enterprise risk management program and is responsible for the fraud, legal, collections, and compliance areas of the credit union.

Botti graduated from Loyola University of Maryland with a Bachelor of Arts in Political Science and a minor in Communications. She received her Juris Doctorate from the Villanova University School of Law and is licensed to practice law in New Jersey, New York, and Pennsylvania. Botti frequently collaborates as an author on regulatory and compliance changes and is often asked to speak at seminars and conferences on compliance and risk management issues. She also sits on the National Association of State Credit Unions Legislative and Regulatory Affairs Committee as well as the Special Inter-State Credit Union Task Force.


 

Gerard DeVita, Senior Vice President/Chief Financial Officer

Gerard DeVita is the Senior Vice President/Chief Financial Officer at TruMark Financial.  A CPA and graduate of Widener University with a degree in accounting, DeVita brings 20 years of experience in the financial services industry to his role at TruMark Financial. His broad range of finance experience includes: initial public offerings ( IPOs), Security and Exchange Commission (SEC) reporting, startups, mergers and acquisitions, budgeting, financial forecasting, and project management.

DeVita is a deacon at the Aldan Union Church, fulfilling the role of Treasurer.


 

Elizabeth Kaspern, Senior Vice President, Retail and Member Services

Elizabeth Kaspern is the Senior Vice President, Retail and Member Services, at TruMark Financial. Kaspern is responsible for the branch network, regional branch management teams, retail investment team, call center, member experience team, marketing department, and the public and governmental relations department.

Kaspern has over 35 years of financial institution experience at an executive level with expertise in managing retail networks and building a strong team culture focused on delivering a superior member experience.  She is a past board member for the United Way of the Greater Lehigh Valley and their Women’s Leadership Council and has been active in the Central Bucks Chamber’s Women in Business group.


 

Patrick O’Halloran, Senior Vice President, Chief Information Officer

Patrick O’Halloran is an experienced IT professional with over 20 years of credit union experience ranging from strategic planning to disaster recovery to cybersecurity management. O’Halloran graduated from Rutgers University with a Bachelor of Arts degree, majoring in psychology with a minor in economics.

In his role as Senior Vice President, Chief Information Officer, he oversees all technology systems, operations, and projects for the credit union including cybersecurity, business intelligence, e-commerce, and network services.


 

Steven Olson, Senior Vice President and Chief Lending Officer

Steven Olson, Senior Vice President and Chief Lending Officer, has 30 years of financial industry experience. As the Chief Lending Officer, Olson oversees all lending-related activities at TruMark Financial, including commercial, residential, and consumer lending. Olson also oversees the loan servicing department as well as the plastics department, which includes debit and credit card processes.

A graduate of Millersville University with a degree in Business Administration, Olson is also a graduate of the American Bankers Association’s Stonier Graduate School of Banking. Olson has been active in the Housing Partnership of Chester County, a non-profit organization promoting affordable housing opportunities, support, and education in Chester County. Past affiliations include acting as the Chair of the Pennsylvania Home Lending Collaborative as well as the Chair of the Loan and Marketing Committee of Neighborhood Housing Services of Greater Berks, Inc.