News: Long Island

Bethpage Federal Credit Union celebrates 26th branch opening

Bethpage Federal Credit Union celebrated the grand opening of its newest branch on Long Island located at 555 Montauk Highway. Suffolk County legislator Wayne Horsley, Babylon town councilman Tony Martinez and other invited guests joined Bethpage president and CEO Kirk Kordeleski at the opening of the credit union's 26th Long Island branch location, its 12th in Suffolk County. "Bethpage is very proud to be a part of the diverse West Babylon community," said Kordeleski. "We look forward to forging strong relationships with local town residents, officials and area businesses, including West Babylon's many small businesses, to help strengthen and support the growing community in every way we can." A bilingual branch, the new Bethpage West Babylon branch employs six full-time employees, three of whom are bilingual, in a 3,577 s/f location. Maria Zahn is the new West Babylon branch manager. West Babylon is Bethpage's 14th bilingual branch. Shown (from left) are: Vernon Williams, VP branch operations, Bethpage; Walter Wenzel, president, Babylon Chamber of Commerce; Tara Labriola, regional manager, Bethpage; Maria Zahn, Bethpage West Babylon branch manager; Tom Donnelly, councilman, Town of Babylon; Tony Martinez, councilman, Town of Babylon; Rob Suarez, AVP community development, Bethpage; Wayne Grosse, chief operating officer, Bethpage; Kirk Kordeleski, president & CEO, Bethpage; Wayne Horsley, Suffolk County legislator; Honorable Owen Johnson, senator, New York State; Corinne DiSomma, receiver of taxes, Town of Babylon; David Wenzel, treasurer, Babylon Chamber of Commerce; Charles Horn, First VP, Babylon Chamber of Commerce; Brian Clarke, SVP & CFO, Bethpage.
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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.