First Niagara Opens Loan Production Office28 April 2006
First Niagara Bank, the wholly owned subsidiary of First Niagara Financial Group, Inc., (Nasdaq: FNFG) recently opened a loan production office in Rye Brook, New York, and has hired two veteran in-market loan officers to primarily provide commercial and real estate lending solutions to small and mid-sized businesses.
The move broadens First Niagara's reach into a contiguous market that has a growing business community.
"This is an exciting opportunity for us to introduce our special brand of service to a vibrant community that has a board range of needs," said First Niagara's Senior Vice President of Commercial Real Estate Lending, James L. Rykowski. "We work hard to understand the needs of both new and established business owners then tailor programs around their needs. Rather than focusing on only the largest relationships, we focus on providing a unique experience."
In addition to multi-family, construction, residential development and select commercial and industrial loans, the bank will also market its competitive consumer banking and wealth management products and services through the new office, Rykowski said.
Ann Wilhelm, who has more than 20 years of commercial real estate lending experience, will manage the new office as vice president, regional team leader. She previously worked as a senior commercial real estate relationship manager at M & T Bank. She resides in Mt. Kisco, New York.
Elizabeth Whitworth, who has more than 15 years of commercial and real estate lending experience, will serve as vice president, commercial real estate relationship manager. She previously worked as a real estate manager at Bank of America and Key Bank. She resides in Scarsdale, New York.
The loan production office is located at 800 Westchester Avenue.
First Niagara Financial Group, Inc., through its wholly owned subsidiary First Niagara Bank, has assets of $8.1 billion and deposits of $5.5 billion. First Niagara Bank is a full-service, community-oriented bank that provides financial services to individuals, families and businesses through 120 branches and several financial services subsidiaries across New York State.
For more information about First Niagara, visit http://www.fnfg.com.
Source: prnewswire
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