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PCSB BANK WHERE CASH MANAGEMENT IS KING PCSB BANK HAS BEEN WORKING diligently to upgrade its business banking product line. “We’re committed to serving local businesses in our market area with a robust line of cash-management products,” states Joseph D. Roberto, PCSB’s chairman, president and CEO. “We hired Dominick

Petramale, a career banker with 20-plus years of experience, to build our product line and our cash-management team. He knows what products businesses are looking for and how to implement them effectively,” Roberto continues. Cash management is a critical part of running any successful business.

PCSB now has the tools to help any size business manage the four key areas in cash management: payables, receivables, fraud prevention and reporting. PCSB’s Senior Vice President and Director of Cash Management Services Dominick Petramale reports, “The most

Financial Solutions for your Business

Cash Management Services At PCSB, we recognize that when it comes to running any successful business, managing cash flow is critical. Our bankers understand the unique challenges and opportunities you face in

effectively controlling your company’s finances. PCSB offers comprehensive Cash Management Services to ensure that every dollar is at work either covering expenses or producing

income. From payments to collections, reporting and fraud prevention, we offer the financial management tools your company needs to succeed. PCSB Bank believes that every business needs

a solid partnership with their bank. That’s why we’re so committed to providing superior service. Is your bank your partner? Maybe it’s time to speak with the Cash Management Team at PCSB.

Cash Management tools to save you time and money, so you can focus on growing your business! RECEIVABLES PCSB offers tools like ACH collections, merchant processing, remote check deposit (mobile too), plus wholesale and retail lockbox.

PAYABLES PCSB offers ACH payments, wire transfers, payroll services, business bill pay, debit cards and a dedicated mobile banking app.

FRAUD PREVENTION We offer ACH positive pay, check positive pay, ACH debit blocks, ACH filters and FED EDI reporting to keep your sensitive information secure.

Serving the Lower Hudson Valley Since 1871


REPORTING Whether banking online or through our mobile app, PCSB has the reporting tools so you’re well informed for quick financial decisions.

914-248-7272 PCSB.com


rewarding part of my job, is talking with a customer after our cash-management team sets up their custom banking platform and they tell me how it’s saving them both time and money; plus, how the transition was easier than expected. Now they feel in complete control of their business and in many cases, it’s for the fi rst time.” Managing business fi nances can be an overwhelming task without the right tools. The PCSB cash-management team features specialists that focus on key vertical markets: accounting fi rms, law fi rms, medical practices, not-forprofits, municipalities and real estate management and professional services companies. PCSB understands that each type of business has unique needs when it comes to managing its fi nances. Building custom solutions has been the most effective approach. Scott Nogles, executive vice president, CFO and treasurer, talks about PCSB Bank’s approach to business banking in general, “It’s built on solid relationships. Our business banking teams strive to form a partnership with each client they serve. We put in the effort to learn a client’s business and understand their opportunities as well as their challenges. Clients tell us all the time that no other bank has ever invested as much energy in getting to know their business as PCSB Bank. That’s something we’re very proud of and it’s what truly sets us apart.” PCSB Bank’s business banking teams feature representatives from both cash management and commercial » PCSB


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Building on a Solid Foundation “Working with Bankwell is truly a pleasure, in large part because of the unparalleled personal service they provide. While Bankwell has all the capabilities of a larger institution, I feel that they are local bankers who are very much in touch with their customers’ needs. I simply can’t say enough about how much I value the relationship.” — JOHN NELSON CEO PARAGON REALTY GROUP WESTPORT, CT Pictured with Bob Palermo, SVP, Senior Loan Officer at Bankwell

877.966.1944 | mybankwell.com Member FDIC | Equal Housing Lender




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lending. PCSB’s goal is to simplify customers’ financial lives and help them make better decisions. Each customer is also assigned a dedicated account manager that can be reached quickly when needed. To assist customers in managing the inevitable financial ebbs and flows they face throughout the year, PCSB offers comprehensive commercial lending products, including lines of credit, as well as term loans, to provide funds for large purchases needed for growth or to take advantage of special opportunities. PCSB also offers commercial real estate loans, such as business-owner-occupied mortgages, investment real estate loans and construction loans, combining favorable rates and terms for many types of businesses.

Cash management is a critical part of running any successful business. PCSB now has the tools to help any size business manage the four key areas in cash management: payables, receivables, fraud prevention and reporting.

The bank’s local focus is also a key ingredient to its unique approach. PCSB Bank’s Executive Vice President and Chief Lending Officer Michael Goldrick explains, “every member of our business banking team lives and works in the area. They know the market, so they understand what works — and perhaps more importantly — what doesn’t. Decisions are made locally right here in the lower Hudson Valley, not by some out-of-market committee halfway across the country. We’re able to move quickly when our clients need it most. That’s another reason why so many local businesses have switched over to PCSB Bank after the frustration of dealing with a large bank that doesn’t understand their business or their market.” “Our team always talks about what it takes to build a successful brand in the lower Hudson Valley,” explains Mr.


estled in the gateway to New England in Western Connecticut, stands Danbury’s Landmark Boutique Hotel. Since 1974, the Ethan Allen Hotel has honored guests with the unique blend of warm hospitality, elegance and the legendary style of Ethan Allen Home Interiors. The combination of 193 spacious guestrooms furnished with Ethan Allen furniture, supreme comfort bedding, Gilchrist & Soames bath amenities, flat screen TV’s and coffee makers in each room help create a soothing ambiance and a relaxing escape. Our beautifully appointed ballroom is the perfect backdrop for weddings or any social gathering. For business meetings our Executive Boardroom fits the bill with teleconferencing capabilities and complimentary Wi-Fi. A culinary dining experience awaits you in our newly renovated award-winning 21 Lake Restaurant or for a more casual fare and weekend entertainment enjoy 21 Lake Bar. We have added live jazz to our popular Sunday Brunch which has been a long time favorite in the local community. Ethan Allen Hotel offers modern amenities and services of a full service hotel, while delivering intimate luxury & comfort of a home-like atmosphere – a genuine departure from the ordinary. For more information please call 800-742-1776 or visit our web site www. ethanallenhotel.com. You can also read our five star reviews on www.weddingwire.com. & www.theknot.com.



Roberto. “Understanding that our brand is built on providing great customer service and a commitment to supporting local communities is critical to our longterm success. Every employee recognizes that PCSB is a community bank and we must consistently live up to our brand in everything we do. It’s amazing to see how much we can accomplish when we commit as a group to delivering on our brand promise. Our tagline — True Local. True Banking. — has real meaning for all of us. It’s both inspiring — and gratifying — to see how every PCSB employee takes so much pride in our brand. It’s evident in the overall success we share with our business banking customers and especially, in the positive feedback we hear from them on a daily basis. There’s nothing more powerful in the banking business than a satisfied customer.”


ethan allen


Traditional elegance, exceptional service & award winning cuisine

MEETINGS | CELEBRATIONS | RESTAURANT 21 Lake Avenue Extension, Danbury, CT 203 • 744 • 1776 www.ethanallenhotel.com


Timeless Values, Contemporary Expertise The experience, market knowledge and scope of our Commercial Finance Practice Group allows us to offer sophisticated, practical, and cost-effective counsel in commercial financing transactions of all types. The Commercial Finance Practice Group provides the depth and scope of legal service that comes from decades of experience representing clients in a broad spectrum of industries in complex transactions. We bring skills and expertise to each financing transaction that few area law firms can match. Our ability to tap legal resources and skills readily available within the Firm’s other Practice Groups greatly enhances our effectiveness in structuring and documenting transactions. Contact Jennifer Lofaro: 914-287-6136 or Peter Bassano: 914-287-6102





KURZMAN: LEADERS IN THE FINANCE FIELD FOUNDED IN 1985, KURZMAN EISENBERG CORBIN & LEVER LLP is a mid-sized law firm with offices in White Plains and New York City. Its primary areas of concentration are commercial transactions (including banking, general corporate, real estate, fine art acquisition and collateralization), trust and estates and litigation. The firm offers its clients responsive, sophisticated, creative and cost-effective advice as part of a wide array of services. In particular, Kurzman’s finance group works closely with lawyers in the firm’s other practice areas to meet its clients’ varied business and personal objectives. The finance group’s ability to tap the skills and

What sets Kurzman apart from other suburban law firms is that virtually all of the lawyers in its finance group began and developed their practices at the New York offices of large international, national or regional law firms.

resources available in the other practice areas greatly enhances its overall ability to serve all of its clients’ needs. The foundation of the firm’s commercial transaction practice is its regional and national finance practice, representing clients in deals ranging from $900,000 to $900,000,000. What sets Kurzman apart from other suburban law firms is that virtually all of the lawyers in its finance group began and developed their practices at the New York offices of large international, national or regional law firms. Each of the firm’s finance lawyers has more than 25 years of experience. They have

Kurzman Eisenberg Corbin & Lever, LLP Public and private companies and high-net-worth individuals regularly turn to us to manage their complex legal needs. Our attorneys are experienced in real estate law, trusts and estates, elder law, corporate law, securities law, art law and complex litigation. For more than 30 years, Kurzman Eisenberg Corbin & Lever, LLP has been the law firm of choice for consistently excellent legal service.

One North Broadway, White Plains, NY, 10601 666 Third Avenue, New York, NY 10017 (914) 285-9800 (212) 661-2150 www.kelaw.com BANKING AND FINANCE


seen virtually every type of transaction and have developed the discipline, skills, knowledge and experience necessary to provide the guidance clients are seeking. The attorneys at Kurzman have been recognized by their peers as leaders in the finance field. They are often called upon to help clients structure, negotiate and document their most difficult debt and equity transactions. Over the years, these attorneys have developed and maintained long-standing client relationships and have tailored their representation to each client’s individual needs. As the financial marketplace becomes more complex and more volatile, Kurzman’s finance lawyers can provide the creativity, business guidance and leadership necessary to complete even the most complex commercial transactions. The firm represents a wide array of clients, including high-net-worth individuals, strategic buyers, financial institutions, developers and companies engaged in a variety of different industries. In particular, the firm’s attorneys have handled single- and multiple-property real estate financing, including commercial mortgage lending, asset-based loans, and the financing of mixed-use properties (including office, residential, resort and retail properties). The firm’s real estate and corporate attorneys have experience in construction financing, structured, “mezzanine” and securitized financing, loan participations, syndications and interest rate hedge and swap arrangements. They routinely handle sale-leaseback transactions, preferred equity investments and other forms of joint venture arrangements. In addition, Kurzman’s corporate, real estate and tax attorneys can assist clients who are working with newly formed qualified opportunity funds and can also help clients obtain financing to fund business acquisitions and provide working capital. With offices in White Plains and New York City, the attorneys at Kurzman are both highly experienced and readily available. These consummate professions routinely advise on the various issues that arise in today’s complex finance transactions. At Kurzman, the bottomline focus is to provide clients with individualized solutions through convenient, cost effective and dedicated representation.


Raising the Bar “When we brought our business to Bankwell 15 years ago, they became the architects of a banking relationship that helped us build our business. We’ve had the business support of a team of experts and the resources to help us expand. They’re partners — and friends — that we rely on, and for us, the perfect business fit.” – MICHAEL & SUSAN D’ELIA OWNERS OLYMPIC CONSTRUCTION STAMFORD, CT

877.966.1944 | mybankwell.com Member FDIC | Equal Housing Lender




1157 Route 311 Patterson, NY Events@RentaParty.com (845) 225-9200 / (203) 730-2222 S8


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Banking & Finance 2019  

Banking & Finance 2019  

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