Banking / Financial

Adamo Named President of Residential and Consumer Lending at OceanFirst

OceanFirst Bank, the wholly owned subsidiary of Red Bank-based OceanFirst Financial Corp, has appointment Stephen Adamo as president of residential and consumer lending. Adamo will lead the residential and consumer lending divisions at the financial institution. His responsibilities include the growth and expansion of all residential home lending products, consumer lending products and sales, services, loan officers, and delivery channels.

With almost three decades of experience in mortgage banking, Adamo most recently was president of national retail production at Embrace Home Loans headquartered in Middletown, Rhode Island. Previously, he was head of mortgage, home equity, consumer loan operations & consumer underwriting at Santander Bank, and held executive leadership positions at Weichert Financial Services and Citizens Financial Group.

Joseph J. Lebel III, OceanFirst president and chief operating officer, said, “Steve is a seasoned mortgage and banking professional with an impressive record of significantly growing residential mortgage teams and driving results throughout his career. We are pleased to welcome Steve to OceanFirst.”

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