Noto and Garcia will report to BCB’s President and Chief Executive Officer,
As BCB’s
“We are very pleased to have Mark join our team. His wealth of experience in C&I lending, finance, and his commitment to community banking fit BCB’s mission. His expertise and leadership will help us map and navigate the terrain as we continue to focus on our existing customer base while creating a positive strategy that helps to bring greater clarity to business owners during these uncertain economic times,” said
Most recently, Noto served as the Executive Vice President, Head of Commercial Banking for
“I chose BCB because I believe I can make a positive impact. Their solid foundation in banking principles and their will to grow the business made my decision a comfortable one.”
Noto earned a Bachelor of Arts degree for Economics from Fordham University in
DAVID GARCIA BECOMES EXECUTIVE VICE PRESIDENT OF BCB’s NEWLY FORMED SUBSIDIARY BCB CAPITAL GROUP (“BCG”).
Garcia will report to BCB’s President and CEO,
BCB Capital Group’s (“BCG”) efforts will concentrate on structured and alternative lending solutions within the
The formation of BCG coincides with an increase in value-add and interim financing requests received by
With almost 30 years of experience in the finance industry, Garcia’s executive career has focused on growing both bank and investment bank platforms.
Prior to his tenure at BCB, he spent more than a decade with
Garcia earned a Bachelor of Science degree from
About
Established in 2000 and headquartered in
Forward-Looking Statements
This release, like many written and oral communications presented by BCB Bancorp, Inc., and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the Company, are generally identified by use of words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “seek,” “strive,” “try,” or future or conditional verbs such as “could,” “may,” “should,” “will,” “would,” or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.
In addition to factors previously disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission (the "SEC") and those identified elsewhere in this release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the inability to close loans in our pipeline; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; supply chain disruptions; any future pandemics and the related adverse local and national economic consequences; civil unrest in the communities that the company serves; customer acceptance of the Bank’s products and services; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; economic conditions; and the impact, extent and timing of technological changes, capital management activities, and actions of governmental agencies and legislative and regulatory actions and reforms.
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