Larry C. Schmidt
President and CEO, 1st Bank of Sea Isle City – Sea Isle City, NJ
Larry C. Schmidt has been president and CEO of 1st Bank of Sea Isle City, a financial institution headquartered in Sea Isle City, NJ, since 1999. Before taking office as president and CEO in 1999, Schmidt served as the bank’s chief financial officer and as controller at First Savings & Loan Association.
Under Schmidt’s leadership, 1st Bank of Sea Isle City successfully transformed the traditional savings and loan business model of 1888, the year of its founding, to a dynamic model incorporating all the financial services required in a resort area with a contemporary customer base.
He currently serves on the board of directors and executive board of the New Jersey Bankers Association and on the executive board of the New Jersey Bankers Charitable Foundation. He is also the chair and a member of the New Jersey Bankers Audit Committee.
Schmidt earned his bachelor’s in accounting from Virginia Polytechnic Institute and State University in Blacksburg, VA.