Astoria Bank Adds Three More Relationship Managers to Support Business Banking
LAKE SUCCESS, N.Y., Oct. 5, 2015 /PRNewswire/ -- Astoria Bank, the second largest community bank headquartered in New York, today announced the addition of three new relationship managers, bringing the total to 15 relationship managers hired in 2015.
"Growing our Business Banking Group continues to be a major priority, and we are committed to building and strengthening a solid, seasoned team of business banking professionals," said Stephen Sipola, executive vice president and managing director of business banking at Astoria Bank. "All three of our new relationship managers bring big bank expertise, and experience building strategic relationships with customers in the community."
Raymond Kurzum and Neil Ganessingh both join Astoria Bank as senior vice presidents and relationship managers and are based in the bank's Manhattan Business Banking office. They will report directly to Richard Saybolt, senior vice president and director of relationship management of the Business Banking Group for New York City.
With more than 30 years of banking and financial services industry experience, Kurzum brings with him in-depth knowledge of relationship management with businesses in key sectors such as engineering, healthcare and real estate. Prior to joining Astoria Bank, Kurzum served as a senior vice president for commercial banking at Citibank. His experience also includes multiple roles with The Bank of New York and Chemical Bank.
Ganessingh has nearly 20 years of experience in commercial and business banking. He also joins Astoria Bank after serving as a senior vice president for commercial banking at Citibank, where he managed middle market banking relationships, with a specialization in healthcare, staffing and professional services.
Erminio Fiore joins Astoria Bank as a vice president and relationship manager. He will be based in the bank's Jericho office and report directly to William Ayers, senior vice president and director of relationship management of the Business Banking Group for Long Island.
Fiore most recently served as a vice president and business development officer at Empire National Bank on Long Island. He has also held relationship management roles with Bank of America and HSBC Bank in Brooklyn and Queens. He has extensive expertise in client services and business development, particularly in commercial and multi-family real estate.
The Business Banking Group, which began in 2011 with a team of eight, now has a staff of more than 50 that services the diverse business banking needs of the New York market area.
About Astoria Financial Corporation
Astoria Financial Corporation (NYSE: AF), with assets of $15.3 billion, is the holding company for Astoria Bank. Established in 1888, Astoria Bank, with deposits in New York totaling $9.2 billion, is the second largest thrift depository in New York and provides its retail and business customers and local communities it serves with quality financial products and services through 87 convenient banking branch locations, a business banking office in Manhattan, and multiple delivery channels, including its flexible mobile banking app. Astoria Bank commands a significant deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding that of 38 individual states. Astoria Bank originates multi-family and commercial real estate loans, primarily on rent controlled and rent stabilized apartment buildings, located in New York City and the surrounding metropolitan area and originates residential mortgage loans through its banking and loan production offices in New York, a broker network in four states, primarily along the East Coast, and correspondent relationships covering 13 states and the District of Columbia.
SOURCE Astoria Bank
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