News: Long Island

Empire National Bank celebrates Port Jefferson Station grand opening

Village officials and many area business people were present at the recent grand opening celebration of Empire National Bank's Port Jefferson Station branch. The bank's chairman and chief executive officer Douglas Manditch said the event was an ideal way to introduce prominent community members to the branch staff. "Empire National is looking forward to providing personalized service and a neighborhood banking experience to our customers in Port Jefferson Village. We plan to have an active role in this vibrant town and were delighted that Port Jefferson Village mayor Brian Harty and other local dignitaries participated in the bank's ribbon-cutting ceremony." 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.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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Columns and Thought Leadership
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.