News: Long Island

Empire National Bank celebrates opening of its Shirley branch

Empire National Bank, a full service commercial bank headquartered in Islandia, New York, recently celebrated the opening of its Shirley branch. Local elected officials, customers, bank founders and directors were among the many community leaders who attended the reception at the bank's William Floyd Parkway location. "Empire National's first branch in Shirley provides the bank with an excellent opportunity to expand its franchise to the south shore business community. In the fall we will be opening our second branch in Port Jefferson Station. Since we believe service is the great equalizer among financial institutions, the bank is looking forward to having customers on Suffolk's north shore personally experience our mandate," said Douglas Manditch, Empire National Bank's chairman and chief executive officer. Manditch added that Empire National Bank is very fortunate to have vice president and branch manager William Guiducci and assistant branch managers Margaret Downing and Theresa Naumann at its Shirley location. "They have been active in the community for many years. Customers can feel confident that their local bankers thoroughly understand the needs of area business people." Empire National Bank is built upon the foundation of time-honored values, personal service and emerging technologies. The bank has developed a wide array of innovative products and services specifically designed to meet the needs of small to mid-sized privately owned businesses, professional practices and not-for-profit organizations seeking a "neighborhood" banking experience. Headquartered in Islandia, New York, Empire National Bank is led by a management team of experienced bankers who are committed to supporting the Long Island community. For more information, visit empirenb.com.
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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.