April 17, 2018 (White Plains, NY). The Westchester Bank has announced the appointment of Jay Serniak to the position of Vice President, Commercial Lending. Mr. Serniak will be responsible for organizing and generating new commercial loan activity while strengthening an existing loan portfolio from various business sectors. Mr. Serniak’s banking experience spans more than twenty-five years and includes work as a commercial banker and private banker at some of the largest financial institutions that include Citibank, Merrill Lynch, US Trust and most recently, BNY Mellon. Mr. Serniak has worked with both middle market companies and high net worth individuals focusing on credit and lending. His financing experience is wide ranging and has covered corporate financing from working capital and commercial real estate to aircraft, art and private yacht financing to the high net worth market.
Mr. Serniak remains active and involved with several business organizations. He is a member of the Business Council of Westchester, the Westchester County Association, the White Plains Chapter of USA 500 and the Real Estate Finance Association in Fairfield County. Mr. Serniak stated, “It’s an exciting time to be part of one of the nation’s fastest growing community banks. The Westchester Bank has built its reputation by meeting customers’ needs with top loan products delivered with a personal touch you don’t find at bigger banks. Having worked at larger financial institutions, I look forward to being part of what makes The Westchester Bank different. That difference is quality care, exceptional personal service and tailored solutions to meet the very specific financing needs of local businesses,” he concluded.
John M. Tolomer, President & CEO of The Westchester Bank stated, “We’re very excited to have Jay as the newest member of a growing commercial lending team. He understands from firsthand experience that ‘bigger is not always better’ and that a local community bank offers solutions that more small and mid-sized business owners are seeking in today’s marketplace. We know that Jay will work well with customers in finding the best bank solutions and are equally confident that the Bank’s overall loan portfolio will achieve record growth again this year,” Mr. Tolomer concluded.
About The Westchester Bank
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 is headquartered in White Plains at 12 Water Street with branches in Yonkers at 2001 Central Park Avenue, White Plains at 464 Mamaroneck Avenue, Thornwood at 994 Broadway, Mt. Kisco at 51 South Moger Avenue, Mamaroneck at 305 Mamaroneck Avenue and Rye Brook at 800 Westchester Avenue – 4th Floor. Plans for additional branch expansion are underway. For more information about The Westchester Bank, please visit TheWestchesterBank.com or call Shannon Boyle at (914) 368-9919.