Signature Bank appointed a new four-person team, based out of the bank’s private client office in White Plains, NY.

The team, led by Michael Maloney and Nick Mucilli, who were named group director and senior vice president, respectively, joined from Sterling National Bank. The team is also comprised of Daniel Olimpio and Lindsey Robertson, who will each serve as associate group director and vice president.

Most of the team worked together for approximately 10 years, primarily at Hudson Valley Bank, prior to its merger with Sterling.

Maloney spent 30 years in the finance and banking industry, with 24 years at Sterling/Hudson Valley. At Sterling, he was senior managing director/senior vice president. Prior, at Hudson Valley, he served as chief banking officer/executive vice president, managing the bank’s commercial business activities. Earlier, at the same institution, he held several roles in commercial banking.

Mucilli also brings 30 years of banking-related experience to his new position, with nearly 10 spent at Sterling/Hudson Valley Bank. Most recently, he was senior managing director/director of cash management, leading cash management sales and implementation for the entire Sterling footprint. He developed the cash management division for Hudson Valley Bank nearly nine years ago. Earlier in his career, he held roles in retail banking and business development at Bank of New York in White Plains, NY for more than 15 years.

Concurrent with the new team appointment, Signature Bank also expanded one of its existing teams with the naming of William M. Mooney, III, Esq. to the post of group director and senior vice president.

Signature Bank, is a New York-based full-service commercial bank with 30 private client offices throughout the New York metropolitan area. Since commencing operations in May 2001, the bank has grown to $39.05 billion in assets, $29.04 billion in loans, $31.86 billion in deposits, $3.61 billion in equity capital and $3.35 billion in other assets under management as of December 31, 2016.