Royal Financial Inc. announced the promotions of Toni Gonzalez to Senior Vice President and Chief Operating Officer of the Company and the Bank and Colleen Thomiszer to Senior Vice President and Chief Financial Officer of the Company and Bank. Ms. Gonzalez has led Operations and Technology at the Company and Bank since 2010. Since joining the Company in 2001 with an initial focus on operations and technology matters, Ms. Gonzalez's portfolio of responsibilities has steadily increased to include Bank Secrecy Act (BSA), Anti-Money Laundering (AML), regulatory compliance, Information Technology (including cybersecurity), and project management of information systems conversions and business process integration of the Bank's four acquisitions and branch purchases.

Since 2013, she has served as the Bank's BSA/AML Officer. Ms. Thomiszer has served the Company and Bank as the Accounting Officer and Controller since 2017. Since joining the Company as Staff Accountant in 2014 following her graduation from Saint Xavier University with a Bachelor's Degree in Business Administration, with core concentrations in Accounting and Finance, Ms. Thomiszer's portfolio of responsibilities has steadily increased to include accounting operations management, business process improvement, reporting controls and preparation, external auditor support, and accounting for and integrating the Bank's and Company's acquisition and branch purchases.

She also has served as the Secretary of the Company since 2018 expanding from her service as Recording Secretary from 2014 to 2018. Since August 31, 2017, President and Chief Executive Officer (CEO) Leonard Szwajkowski has served the Company and Bank with added responsibility as Interim CFO from which he is relieved with the appointment of Ms. Thomiszer as CFO.