Category: News Coverage

In his new leadership role, Mr. Suarez is responsible for ensuring the Bank stays ahead of the curve in innovation and product delivery, creating relevant solutions and value for its clients and stakeholders NEW YORK (PRWEB) MARCH 29, 2023 Piermont Bank, a full-service commercial bank headquartered in New York City, is pleased to announce the appointment […]

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, […]

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 […]

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 […]

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 […]