SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
January 14, 2011

SUN BANCORP, INC.
(Exact name of registrant as specified in its charter)


New Jersey
0-20957
52-1382541
(State or other jurisdiction
of incorporation)
(SEC File Number)
(IRS Employer
Identification No.)

226 Landis Avenue, Vineland, New Jersey
08360
(Address of principal executive offices)
(Zip Code)

 
Registrant’s telephone number, including area code:
(856) 691-7700
 

Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
   
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).


 
 

 

SUN BANCORP, INC.

INFORMATION TO BE INCLUDED IN THE REPORT

Section 5 – Corporate Governance and Management

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)           By letter dated January 14, 2011, Douglas J. Huen, a director of the Registrant, resigned from the Registrant’s Board of Directors and from the Board of Directors of Sun National Bank, the Registrant’s wholly-owned subsidiary.   The resignation was for personal reasons and not due to any disagreement with the Registrant on any matter relating to the Registrant’s operations, policies or practices.  The resignation will become effective as of January 31, 2011.



 
 

 





SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   
SUN BANCORP, INC.
 
 
 
Date:           January 18, 2011
 
 
 
 
By:
 /s/ Thomas X. Geisel
     
Thomas X. Geisel
President and Chief Executive Officer