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SPECIAL ADVERTISING SECTION COMMERCIAL
“For example, when you call The Westchester Bank, you will speak to an employee who can assist you. It is employees speaking to customers, not a voice mail prompt.
Stephen R. Brown, President and Chief Executive Officer of Hudson Valley Bank, a local community bank that has been serving Westchester for more than 40 years, believes that in- creased lending is on the hori- zon. “At Hudson Valley, we have the capital and capacity and are looking to lend. We offer all types of loans for qualified businesses, including Commercial and In- dustrial (C & I), commercial real estate, equipment financing and leasing, all with competitive pric- ing and structure. We specialize in meeting the needs of small and middle market businesses. In the coming year, we plan to be active in identifying and tar- geting growing companies who can benefit from our available financing.”
Senior Vice President and Chief Lending Officer Laurence R. Marchini III, formerly of Gotham Bank, is now at Greater Hudson
LENDERS: Opportunity
Community bankers say they’re poised to navigate the challenges of 2013, and are prepared for long-term growth.
is Knocking
True, commercial loan
demand has been relatively weak for the last few years and is anticipated to remain soft
in 2013. However, as the slow recovery continues, financial experts remain hopeful about investment options.
A TIME FOR EVERY PURPOSE
Is it the right time to jump back into commercial lending? Local banks, it seems, have already taken the plunge.
Many community banks, like The Westchester Bank, have been
opportunistic in increasing both the number of its customers and their loan portfolios in spite of weak loan demand,” said John M. Tolomer, President and CEO of The Westchester Bank. “They have been able to increase their business because they are pro- viding small and mid-size busi- nesses with an alternative to the largest financial institutions in the United States.
Community banks, by defini- tion, operate with an understand- ing that they have a responsibility to be part of the local community and to assist in making the com- munity a better place to live and work. Typically, they are owned by local people who are busi- ness leaders in the community. The employees of a community
John M. Tolomer, President and CEO, The Westchester Bank
bank appreciate the freedom to assist customers in their pursuit of achieving their financial ob- jectives by matching the client’s needs with the appropriate prod- ucts or services.
Community Banks offer the same products, services and technology as the big banks but deliver them in a highly personal manner,” Tolomer explained.
When The Unexpected Happens, Our Team Is Ready To Help.
“It’s important to know who you can turn to for help, especially when unexpected challenges surface. We’ve assembled a great team of
Loan Officers to meet all your specialized needs. How can we help you?”
The Westchester Bank 914-337-1900
Member FDIC. Equal Housing Lender.
2001 Central Park Ave. Yonkers, NY 10710 (914) 337-1900
464 Mamaroneck Ave. White Plains, NY 10605 (914) 290-6330
994 Broadway Thornwood, NY 10594 (914) 984-5446
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