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Meet Our Trust and Investment Team

The staff of Penn Security Bank’s Wealth Management Division is the best local resource to provide the premium service you desire. Call us to discuss an estate, a living trust, an investment – or about any personal financial need you may have now, or in the future. There is no obligation.


 

Senior Vice President & Trust Officer

Exp Team Calpin

William J. Calpin, Jr. | CFP®

Mr. Calpin is responsible for the management of the Trust Department. He joined the bank in April 2000 and has over 30 years of trust and investment management experience. Mr. Calpin holds a Bachelor of Science in Business Administration and a Masters of Business Administration in Finance from the University of Scranton. In addition, he is a graduate of the Pennsylvania Bankers’ Association Trust School and the American Bankers’ Association National Graduate Trust School. He is also a graduate of the College for Financial Planning, holding the designation of Certified Financial Planner.

 

Investments

Exp Team Ostermayer

Michael G. Ostermayer | CFA Vice President | Chief Investment Officer

Mr. Ostermayer is responsible for managing the investment process in the bank’s Trust Department. This includes the coordination of the bank’s investment philosophy and resources with the needs and objectives of a wide range of institutional and individual customers. He joined the bank in 2001 and has over 30 years of investment management experience. Michael is a graduate of Susquehanna University with a Bachelor of Science in Business Administration. He has been a Chartered Financial Analyst since 1981.

 

Exp Team Pettinato

Carl J. Pettinato | Trust Investment Officer

Mr. Pettinato is responsible for the management of personal or institutional investment portfolios. In addition to performing research on various equity and fixed income investments, he is responsible for the selection of items to be purchased and sold and the actual timing of those transactions. He also handles the communication of investment decisions and recommendations to his client base. Carl joined the bank in 2007 and brings with him over 16 years of experience in the financial services industry.

He holds a Bachelor of Science in Business Administration and a Masters of Business Administration in Finance from Marywood University. 

 

Taxes & Corporate Trust

Exp Team McDonald

Robert W. McDonald | CPA | MBA | MT

Mr. McDonald currently serves as the Trust Tax and Corporate Officer. Bob has over 25 years of tax and accounting experience.

Bob received his undergraduate degree majoring in Accounting and Management and his MBA in Finance from the University of Scranton. Bob has a Masters in Taxation from King’s College.

 

Administration

Exp Team McMullen

Carol C. McMullen | Assistant Vice President | Assistant Trust Officer

Ms. McMullen is responsible for the administration of Personal Trust and Estate Services and foundation/endowment account relationships. She has over 20 years of trust banking experience in the Northeastern Pennsylvania market.

Carol is a graduate of Marywood University, holds an Masters of Business Administration in Finance and Marketing from the University of Scranton, and is a graduate of the Pennsylvania Bankers Association Trust School and the American Bankers Association National Trust School at Northwestern University.

 

Certain Insurance and Investment products are subject to the following disclosure.
Not FDIC Insured | No Bank Guarantee | May Lose Value | Not a Deposit | Not Insured by any Federal Government Agency