News: Long Island

Iadanza joins State Bank as chief lending officer

Thomas Iadanza joined State Bank of Long Island's executive management recently as chief lending officer. Prior to joining State Bank, Iadanza was president/sector CEO of NY Metro Commercial Banking at Sovereign Bank, where he was responsible for Sovereign's NY&NJ Middle Market and other Lending Divisions. Iadanza earned a Bachelor of Science degree in Accounting from St. John's University. Well known in the commercial lending arena, Iadanza has over 30 years of banking and lending experience having served as Managing Director of the Commercial Markets Group at Citibank, senior vice president of commercial lending at EAB, and senior vice president of specialty lending at National Westminster Bank. Iadanza is also an avid supporter of the NY metropolitan community serving as a Director on the Boards for the Prospect Park Alliance, St. John's Cemetery, and New Ground. State Bank, headquartered in Jericho, is a commercial bank that operates seventeen branches located in the counties of Nassau, Suffolk, Queens and Manhattan. State Bank has built a reputation for providing high-quality personal service to meet the needs of our diverse customer base which includes commercial real estate owners and developers, small to middle market businesses, professional service firms, municipalities and consumers.
MORE FROM Long Island

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.