Provident Bank Strengthens Long Island CRE Team with Three New Hires from Signature Bank
August 22 2023 - 8:00AM
Provident
Bank, a leading New
Jersey-based financial institution, is pleased to announce the
recent addition of three experienced lenders to their New
York/Metro commercial real estate team.
Karl Seus of Northport, NY, has joined the bank as Senior Vice
President, CRE Relationship Manager and Team Leader. He is
responsible for new business development and the general oversight
of the commercial real estate lending activities within the Long
Island/New York market. In addition, Mr. Seus will manage a team of
relationship managers who will focus on meeting the borrowing needs
of commercial real estate owners and developers. He will also be
actively involved with coaching and supporting his team to help
structure new and existing loans, meeting with customers, reviewing
term sheets, and supporting loan approvals.
Mr. Seus has more than 30 years’ experience in CRE lending and
relationship management in roles of increased responsibility. Prior
to joining Provident, he was Senior Vice President/CRE Group
Manager with Signature Bank in Melville, NY. He has also held CRE
leadership positions with M&T Bank, HSBC, Doral Bank, and New
York Community Bank. Mr. Seus earned a Bachelor of Science in
business administration in management and finance and a Master of
Business Administration in finance, both from Long Island
University.
Elizabeth Arato of Greenlawn, NY, and Gregory Fantauzzi of Kings
Park, NY, have also joined the bank as Vice Presidents and CRE
Relationship Managers. They are both responsible for originating,
evaluating, and structuring commercial real estate transactions,
cross-selling bank products, and increasing the bank’s visibility
in the Long Island market. In addition, Ms. Arato and Mr. Fantauzzi
will work closely with institutional and private investors, owners,
and developers to offer a variety of deposit and lending solutions.
They will also manage a portfolio of commercial real estate clients
based in Long Island.
Ms. Arato has more than 20 years’ experience in CRE lending and
relationship management, serving the last 13 years with Signature
Bank in Melville, NY, as a Senior Commercial Real Estate Lender,
Vice President/Group Director, and most recently as Senior Vice
President/Group Director. Ms. Arato holds a Bachelor of Science
degree from Boston University.
Mr. Fantauzzi has more than 10 years’ experience in CRE lending
and relationship management. Prior to joining Provident, he was
with Signature Bank in Melville, NY, where he served as a Credit
Analyst, CRE Lending Officer, and most recently as Vice
President/Associate Group Director. Mr. Fantauzzi earned a Bachelor
of Arts in Economics, with a concentration in information systems
from Boston College.
“I am thrilled to welcome Karl, Liz, and Greg to Provident’s New
York/Metro CRE team,” said Paul Ciancimino, Senior Vice President,
Regional Director. “Their in-depth knowledge of
the market and keen ability to understand the credit needs of real
estate owners and developers will bolster our efforts to grow
Provident’s presence on Long Island,” added Ciancimino.
About Provident BankProvident Bank, a
community-oriented financial institution offering “Commitment you
can count on” since 1839, is the wholly owned subsidiary of
Provident Financial Services, Inc. (NYSE:PFS), which reported
assets of $14.03 billion as of June 30, 2023. With $10.26 billion
in deposits, Provident Bank provides a comprehensive suite of
financial products and services through its network of branches
throughout northern and central New Jersey, as well as Bucks,
Lehigh and Northampton counties in Pennsylvania and Nassau and
Queens Counties in New York. The Bank also provides fiduciary and
wealth management services through its wholly owned subsidiary,
Beacon Trust Company, and insurance services through its wholly
owned subsidiary, Provident Protection Plus, Inc. For more
information about Provident Bank,
visit www.provident.bank or join the conversations on
Facebook (ProvidentBank) and Twitter (@ProvidentBank).
CONTACT: Keith
Buscio732-504-9407Keith.buscio@provident.bank
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