Wilmington Trust, a wholly owned subsidiary of M&T Bank, has named Jerry Franz as the new senior private banker for its Cherry Hill, New Jersey office.

Franz will be responsible for offering financial advice, personalised service, and access to banking and custom credit solutions offered by M&T Bank to high-net-worth clients in Southern New Jersey and the Philadelphia area.

Franz has an experience of over 20 years in the banking industry, with a focus on real estate, commercial banking, personal lending, and wealth preservation strategies for individuals and business owners.

He most recently served as a private banker at PNC Bank, a role he held for a decade. He previously also served as a commercial banker at Carnegie Bank and Chemical Bank.