Piermont

Piermont Bank Launches BancFi for Fintech Lending

Retrieved on: 
Wednesday, October 20, 2021
Technology, Treasury, MDI, Innovation, CAAS, Partnership, Mobile backend as a service, Face, Time, Founder CEO, Investment, CEO, Growth, API, Solution, Piermont, FDIC, Science and technology in Asia, Bank, Cryptocurrency

NEW YORK, Oct. 20, 2021 /PRNewswire-PRWeb/ -- Piermont Bank , a digital commercial bank headquartered in New York, today announces the launch of BancFi, a comprehensive, industry-first credit platform for fintechs and their end-users.

Key Points: 
  • NEW YORK, Oct. 20, 2021 /PRNewswire-PRWeb/ -- Piermont Bank , a digital commercial bank headquartered in New York, today announces the launch of BancFi, a comprehensive, industry-first credit platform for fintechs and their end-users.
  • Teaming with API partners such as Treasury Prime, Piermont Bank has designed a startup-forward onboarding and implementation process that enables true speed and scalability.
  • Piermont Bank's BancFi is a proprietary commercial lending platform for fintechs and their end-users.
  • Piermont Bank is a tech-enabled digital commercial bank founded in 2019 with a mission of changing the face and pace of banking.

Piermont Bank Appoints Marianne McGoldrick as Chief Credit Officer

Retrieved on: 
Friday, January 29, 2021
National Register of Historic Places in Rockland County, New York, Piermont, Bank, Economy

NEW YORK, Jan. 29, 2021 /PRNewswire-PRWeb/ -- Piermont Bank, a tech-enabled digital commercial bank headquartered in New York City, is pleased to announce that Marianne McGoldrick has joined the bank as Chief Credit Officer.

Key Points: 
  • NEW YORK, Jan. 29, 2021 /PRNewswire-PRWeb/ -- Piermont Bank, a tech-enabled digital commercial bank headquartered in New York City, is pleased to announce that Marianne McGoldrick has joined the bank as Chief Credit Officer.
  • Ms. McGoldrick will oversee Piermont Bank's credit administration, including credit approval process, loan policies, and procedures, while ensuring its lending portfolio's overall quality.
  • Her previous experiences include seven years with Sterling National Bank, where she served as a Team Leader, Market Credit Director, and lastly, Deputy Chief Credit Officer during her tenure.
  • "We are thrilled to have another highly accomplished executive like Marianne joining the Piermont Bank family," said Wendy Cai-Lee, founder and CEO of Piermont Bank.

Piermont Bank Partners with Treasury Prime to Bring Speed and Scale to Fintech Banking

Retrieved on: 
Friday, November 13, 2020
Financial services, Articles, Economy, Financial markets, Financial technology, Bank, Piermont

"As a new bank, Piermont shares the same entrepreneurial culture as fintechs, and we understand the need for speed, agility, and quick decision-making.

Key Points: 
  • "As a new bank, Piermont shares the same entrepreneurial culture as fintechs, and we understand the need for speed, agility, and quick decision-making.
  • Unlike traditional banks, Piermont understands the urgency of getting a product to market, and we're able to move at the speed of fintech."
  • "Piermont Bank shares our vision of enabling fintech companies to build great products that bring banking services to new and underserved markets," said Chris Dean, CEO of Treasury Prime.
  • Piermont Bank is a tech-enabled digital commercial bank founded in 2019 with a mission of changing the face and pace of banking.

Piermont Bank, the first de novo bank charter issued by the state of New York since 2009 opens for business

Retrieved on: 
Wednesday, July 17, 2019
Financial services, Agencies of the United States government, Bank regulation in the United States, Federal Deposit Insurance Corporation, Piermont, New York, Economy, Bank, Piermont

NEW YORK, July 17, 2019 /PRNewswire/ --Piermont Bank, a newly chartered full-service commercial bank in New York announced today that it is now open for business at 4 Bryant Park.

Key Points: 
  • NEW YORK, July 17, 2019 /PRNewswire/ --Piermont Bank, a newly chartered full-service commercial bank in New York announced today that it is now open for business at 4 Bryant Park.
  • Piermont Bank is the first independent de novo bank charter approval for New York State in the last decade, and there are many unique aspects to this new bank player.
  • It is also a FDIC designated Minority Depository Institution, and a women-led and women majority board bank.
  • Chief Credit Officer, Robert Tolomer most recently served as the CCO at Greater Hudson Bank (currently part of ConnectOne Bank).