What fintech trend are you most excited about? I am curious to see what the confluence of fintechs and traditional banks will look like. Fintechs are not taking over banks. While there is some slight progress with fintechs successfully getting a bank charter, the number is too small in the grand scheme of things. Having […]
A year into the pandemic, with the outlook for SMBs in New Jersey seeming slightly better based on recent economic data, Piermont Bank founder and CEO Wendy Cai-Lee explores how to leverage your bank to help stabilize your business, finance your growth and move forward. And how your bank can play a more active role in helping […]
“The pandemic taught us as an institution the need to stay agile, the need to pivot, the need to move fast.” Our founder and CEO Wendy Cai-Lee recently sat down with Crain’s New York’s Natalie Sachmechi and shared the experience and insights on real estate lending in a pandemic year.
Piermont Bank, a tech-enabled digital commercial bank headquartered in New York City, is pleased to announce that Marianne McGoldrick has joined the bank as Chief Credit Officer. Ms. McGoldrick will oversee Piermont Bank’s credit administration, including credit approval process, loan policies, and procedures while ensuring its lending portfolio’s overall quality. She and her team will […]
Piermont Bank partners with fintechs, but it’s not content to stay in the background, only mentioned in tiny print at the bottom of a website. The New York bank, which opened in the summer of 2019, offers banking-as-a-service and traditional products like loans to fintechs and other small and midsize businesses.