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The Westchester Bank Exceeds $300 Million Threshold in Total Assets

Published 09/14/2012

YONKERS, NY (September 14, 2012). The Westchester Bank, continuing its record breaking pace, is excited to announce they have just exceeded $300 million in total assets as of September 12, 2012. This represents yet another milestone for a bank now recognized as one of the fastest growing local community banks in the nation.

“We’re thrilled to have achieved $300 million in total assets in four years. I believe the Bank’s growth is based on one simple premise - Business Banking Made Personal,” said John M. Tolomer, President & CEO. “The underpinning of our success is being proactive with our clients. Providing world class banking service to each client every day is priority number one with The Westchester Bank. Our growing list of customers across a variety of business sectors, now in excess of 3,500 strong, can attest to our team’s performance.”

The Westchester Bank is a New York State Chartered and full service FDIC insured commercial bank offering state-of-the-art technology with a comprehensive line of banking products to businesses and consumers including: business and personal checking, business lending, commercial mortgages, savings accounts, CD’s, money market accounts, Interest on Lawyer Accounts (IOLA), attorney escrow accounts and tenant security accounts. The Westchester Bank currently has branches in Yonkers at 2001 Central Park Avenue and in White Plains at 464 Mamaroneck Avenue. A new branch, located at 994 Broadway in Thornwood, NY, will open this October.