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Category: News Coverage

Piermont Bank Expands Its Commercial Real Estate Businesses into Sunny Southern California

November 10, 2022
LA skyline Piermont Bank expands into Socal commercial real estate multifamily

We are excited to announce that Piermont Bank is now supporting commercial real estate businesses in Southern California. As a digital bank built for the modern entrepreneur, we are ready to meet California’s businesses where they are. Since our inception in 2019, Piermont Bank has provided a superior financing experience for commercial real estate owners, […]

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Categories: Commercial Real Estate, News Coverage

Most Powerful Women in Banking to Watch by American Banker: Wendy Cai-Lee

October 10, 2022

We are pleased to share that our CEO, Wendy Cai-Lee, has been named one of American Banker’s Most Powerful Women in Banking to Watch in 2022. “Woman leadership has affected how we built our board, our management and our team,” Wendy said. “As a result, we are more diverse in our people, more creative in […]

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Categories: News Coverage

What should multifamily borrowers do with the new Fed rate hike?

September 26, 2022
New york commercial real estate

On September 21, 2022, the Federal Reserve (Fed) raised rates for another 75 bps, the fifth rate hike this year. According to the Fed’s September economic projections, the Federal Open Market Committee (FOMC) policy makers suggested that 2022 will end in the 4% to 4.5% range. To help navigate the rate environment and overall economic […]

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Categories: Commercial Real Estate, News Coverage

LendIt Fintech One-on-One Podcast with Wendy Cai-Lee of Piermont Bank

March 18, 2022

Banking-as-a-Service (BaaS) has become quite popular these days with dozens of banks offering different services to fintechs and tech companies. But almost all these banks were not originally conceived this way, they are adding BaaS as a new product offering. Piermont Bank CEO Wendy Cai-Lee was a guest on the Fintech One-on-One podcast and shared […]

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Categories: FinTech, News Coverage

Press Release: Piermont Bank Partners with Unit to Make Launching Banking Products Easy

February 15, 2022

Putting fintech first to empower seamless and accessible embedded finance New York, NY – February 15, 2022, Piermont Bank, a digital commercial bank that serves the fintech ecosystem, announced today that it has entered a strategic partnership with Unit, the banking-as-a-service startup that empowers companies to embed financial services into their products. The partnership allows […]

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Categories: FinTech, News Coverage
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