Carroll B. Shingleton Jr., 84; banker, volunteer

Carroll B. Shingleton
Carroll B. Shingleton
Posted: May 01, 2013

Carroll B. Shingleton Jr., 84, of Moorestown, the president, chairman and CEO of the former Burlington County Trust Co. from 1980 to 1984 and Moorestown Citizen of the Year in 1991, died of cancer on Thursday, April 25, at Virtua Memorial in Mount Holly.

Mr. Shingleton, known as CB, became executive vice president of First Fidelity Bank after the banks merged in 1984 and served there until 1989.

He was a senior vice president for business development at First Peoples Financial Corporation in Haddon Township from 1990 to 1992.

In 1988, the Burlington County Chamber of Commerce honored him for outstanding service.

Business didn't always seem promising to him.

In a 1991 Inquirer interview, Mr. Shingleton said he was apprehensive when he left a West Virginia job to join Burlington County Trust Company in 1965.

"I was 37, and we had a new baby and two other children," he said.

But it seemed to work out well, inside and outside of the banks.

Among other volunteer efforts, Mr. Shingleton was chairman of the Burlington County United Way campaign in 1991, and he was named chairman of the organization in 1992.

Born in Uniontown, Pa., he served in the First Army Cavalry from 1946 to 1948, earned a bachelor's degree in business administration at West Virginia University in 1952, and studied commercial bank management at Columbia University in 1980.

A grandson, Chris Gimello, said that Mr. Shingleton was a sales manager at his family's wholesale produce firm, Shingleton Brothers in Clarksburg, W.Va., from 1951 to 1955.

His banking career began at Raleigh County Bank in Beckley, W.Va., where he was a trust officer from 1961 to 1965, when he moved to Burlington County.

Over the years, Mr. Shingleton served as president, secretary and capital fund chairman for the Family YMCA of Burlington County.

In the 1991 interview, he noted that the fund-raising for a new headquarters for the YMCA, due to open that year, had been "just one long job, between four and five years."

The story reported that he had worked on behalf of the Y for more than 20 years.

Gimello said that Mr. Shingleton was a charter director and chairman of the Memorial Hospital of Burlington County Foundation, president of the Southern New Jersey chapter of the Leukemia Society of America, and a member of the Glassboro State College Development Fund, before the school became Rowan University.

Besides his grandson, Mr. Shingleton is survived by his wife of 63 years, Elizabeth, daughters Paula Gimello and Mary Louise Shingleton, three grandchildren and three great-grandchildren. He was predeceased by a son, Carroll B. Shingleton III, and a grandson, Michael Gimello.

A viewing is set from 6 to 8 p.m. Wednesday, May 1, at the Lewis Funeral Home, 78 E. Main St., Moorestown, with a funeral service set for 10:30 a.m. Thursday, May 2, at the First United Methodist Church, Camden and Pleasant Avenues, Moorestown, with interment in Eldridge Cemetery, Mount Laurel.

Donations to the CB Shingleton III scholarship may be sent to the West Virginia University Foundation, P.O. Box 1650, Morgantown, W.Va. 26507.

Condolences may be offered to the family at www.lewisfuneralhomemoorestown.com.


Contact Walter F. Naedele at 610-313-8134, wnaedele@phillynews.com or follow on Twitter @WNaedele.

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