Five Star Bank Expands Commercial Real Estate Lending in Baltimore, Washington | Business premises
In a bid to amplify its presence well beyond its traditional New York borders, Five Star Bank is taking a big step south, adding a team of four commercial lenders who will focus on building lending businesses in the Baltimore and Washington, DC areas. .
The Warsaw-based financial institutions subsidiary, which has focused on the Buffalo, Rochester and Southern Tier markets, has hired a group of commercial real estate veterans from newly acquired Baltimore-based Howard Bank in January by Pittsburgh-based FNB Corp. .
“Five Star Bank is taking advantage of experienced and available talent to expand our commercial lending platform to the Baltimore and Washington, DC area,” said President and CEO Martin K. Birmingham.
Three of the four new hires previously worked at M&T Bank Corp., and one earned his law degrees and MBA from the University at Buffalo.
The group is led by John G. Mangan, a 15-year veteran of commercial real estate lending in Baltimore and Washington, who began his career as a corporate lawyer in Buffalo after graduating from l ‘UB then went to work for M&T for over 20 years. years.
Mangan is now senior vice president, director of commercial real estate and president of Atlantic Center for Five Star. He is joined by Mark A. Cunningham and John M. Dezinno, also formerly at M&T, and Thomas A. Mee.
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