TD Bank combined its previous commercial and corporate and specialty banking teams to create a new commercial bank. Chris Giamo, head of commercial bank for TD Bank, will lead the newly formed business.
Rodney Jordahl retired as CFO of Bell Bank on Dec. 31. With Jordahl’s retirement, Blake Nelson was named CFO and Carrie Bjorge was named SVP/controller for Bell Bank.
According to a JPMorgan Chase survey, nearly half (44%) of small businesses have explored online lending in the past year, with 25% procuring an online loan. For the upcoming year, 56% said they would be open to procuring an online loan if they find themselves in need of capital.
Janet Brown joined Banner Bank as executive vice president and chief information officer. Brown will replace Steve Rust, who spent the last 15 years as CIO at Banner Bank before retiring. Brown was previously the CIO for Garden City Group.
Blue Ridge Bankshares, the parent holding company of Blue Ridge Bank, and Bay Banks of Virginia, the parent holding company of Virginia Commonwealth Bank, received all required bank regulatory approvals for the pending merger of Bay Banks into Blue Ridge.
Thomas R. Cangemi was appointed to the role of president and CEO of both New York Community Bancorp and New York Community Bank, effective Dec. 31. He will succeed Joseph R. Ficalora, who will retire after 55 years of service.
Bridge Bancorp, the parent company of BNB Bank, and Dime Community Bancshares, the parent company of Dime Community Bank, received approval from the New York State Department of Financial Services to merge Dime Community Bank with and into BNB Bank.
Signature Bank named Lisa Bond to the newly created position of senior vice president and chief corporate social impact officer, which encompasses D&I and ESG initiatives. In addition, Ana Harris was promoted to the post of senior vice president and chief human resources officer.
First Business Bank, a division of First Business Financial Services, hired Greg Block as vice president of commercial banking. Block has more than 18 years of banking experience, including experience in commercial banking, private banking, portfolio management and credit administration.
BCT-Bank of Charles Town appointed Terry L. Elliott to the position of senior vice president, commercial lender. Elliott’s more than 20 years of commercial banking experience will bolster BCT’s strategic efforts to expand commercial lending.