William Latoff died Monday January 11 2016 at the age of 67. DNB Financial Corp. announced in August that Latoff was diagnosed with non-Hodgkin’s lymphoma, a form of cancer. Among his community involvements, Latoff (la-TOFF) was a past Chairman of the Chester County Industrial Development Authority and the Chester County Library Trust Board, Chairman of the Nominating Advisory Committee of the Federal Reserve Bank of Philadelphia, and was honored for his contriibutions to the Chester County Historical Society and the Foundation for Catholic Education, and the Chester County Council Boy Scouts of America. He invested in mutual savings banks and prospered as they sold shares and went public. He invested in commercial real esate, and high-end auto dealerships -- Mercedes, Land Rover, Jaguar. He became chairman in 2004.