News: Long Island

Falese joins Empire National Bank's board of directors

According to Douglas Manditch, Empire National Bank's chairman and CEO, veteran banking executive, Robert Falese has been appointed to the financial institution's board of directors. "Bob is a 40-year veteran of the banking profession. He served in senior executive roles in commercial banking and lending throughout his career. His experience provides us with a valuable and respected resource as we chart the bank's future growth," said Manditch. His professional accomplishments include serving as chairman for commercial banking for TD Bank, N.A. and president and CEO for Commerce Bank, N.A. President of Falese Investments, LLC, he also serves as a consultant to Patriot Financial Partners, L.P. Falese holds a BS in Economics from Saint Joseph's University and an MBA from Drexel University. He also completed Duke University's executive management development program. Dedicated to helping small to mid-sized privately-owned businesses, professional practices, not-for-profit organizations, municipalities and real estate professionals grow and prosper; Empire National Bank is committed to bringing the personal touch back to customer service while providing a "neighborhood" banking experience. Headquartered in Islandia, Empire National Bank has branches in Port Jefferson Station, Shirley and Mineola. There is also a Manhattan loan and deposit production office.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.