Author: ebandin

Wendy Cai-Lee, founder and CEO of New York City-based Piermont Bank, in a recent interview to Banking Dive shared her insights on the trend of bankers establishing women-owned institutions to better service women-owned firms. Since its inception, Piermont made more than 50% of its lending in low- and moderate-income communities and to women- and minority-owned […]

BANKING AS A SERVICE In a conversation about BaaS relationships during Tearsheet Talks, Piermont Bank’s chief banking officer shares valuable insights on the dynamics of bank-fintech partnerships. Delve into the world of sustainable collaborations by learning how aligning incentives and leveraging expertise can reshape the future of banking. Banks, fintechs and technology companies all have […]

We are happy to share that our Founder & CEO, Wendy Cai-Lee, is named American Banker’s Most Powerful Women to Watch in 2023 for the second year in a row! American Banker’s Most Powerful Women program recognizes the many women leaders with strong performance and a commitment to driving outcomes for diversity, equity, and inclusion. Piermont, a […]

Piermont Works with CRE Debt Funds to Make Your Portfolio More Profitable CRE borrowers are navigating the current economic environment with creative approaches, and so is Piermont Bank. We are pivoting alongside our customers. If you are a CRE debt fund or thinking about raising one, Piermont Bank can make a perfect partner for you: […]

At Piermont Bank, we offer a safe and simple solution to safeguard your money during a crisis. Our Demand Deposit Marketplace ® (DDM) program is the most flexible, multi-million dollar FDIC-insured cash management solution in the market1. By participating in the DDM ® program, you can secure expanded deposit insurance of up to $5 million2 […]