Town & Country Leasing, an affiliate of Sterling Financial Corporation, has announced the promotion of Joseph Carroll to vice president construction division.

In his new role, Carroll will oversee and develop new and existing relationships with dealers, vendors and customers. He has more than 30 years experience in the equipment financing and leasing industry.

Carroll has served as a prior director of the Lancaster YMCA, served on the board and was an officer of Wheatland Federal Credit Union and was past president of JCB Construction Equipment Dealer Finance Council. He also has served on various finance committees in the construction equipment industry.

Established in 1958, Town & Country Leasing is a Lancaster County-based national leasing company specializing in fleet management, equipment leasing and vendor services. Sterling Financial Corporation is a multi-bank financial holding company that operates 51 banking locations in south central Pennsylvania and northern Maryland, through its subsidiary banks, Bank of Lancaster County N.A., Bank of Hanover and Trust Company, First National Bank of North East, and Bank of Lebanon County.

Sterling Financial Corporation also consists of a family of financial services organizations, which includes Town & Country Leasing LLC, Lancaster Insurance Group LLC, and Equipment Finance Inc.

As of March 30, 2002, total assets of Sterling Financial Corporation were more than $2 billion. Sterling Financial Corporation also owns Sterling Financial Trust Company, which manages nearly $1 billion in assets.