News: Long Island

Ferro and Tantillo honored by Suffolk County Boy Scouts

Sal Ferro, president of Alure Home Improvements, and Joseph Tantillo, Jr., president of Nassau Suffolk Electrical & Mechanical, were recently recognized by the Suffolk County Boy Scouts Council as 2010 Distinguished Citizen honorees. The presentations were made at the organization's annual dinner. Ferro and Tantillo are Empire National Bank board members. "Sal Ferro and Joseph Tantillo are both highly respected businessmen who find the time to donate countless hours to worthy causes. They join an elite group of leading Long Islanders who have been previously recognized by the Council. We are very proud to have them serve on the bank's board and appreciate their commitment to its growth and prosperity," said Douglas Manditch, Empire National Bank's chairman and CEO. "It's very rewarding to have two members of Empire National Bank's board of directors recognized by Suffolk County Boy Scouts. Distinguished Citizen honorees are selected for their values, ethical standards and leadership roles in business and community service," commented Thomas Buonaiuto, Empire National Bank's president and COO. 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. ### Caption (left to right): Douglas C. Manditch, Empire National Bank's Chairman and Chief Executive Officer; Empire National Bank Board Members and Suffolk County Boy Scout Council 2010 Distinguished Citizen honorees Joseph S. Tantillo, Jr., President of Nassau Suffolk Electrical and Mechanical; Sal Ferro, President of Alure Home Improvements; Thomas Buonaiuto, Empire National Bank's President and Chief Operating Officer.
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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.