Tom Lupo, President and CEO of Regal Bank announced the hiring of Richard Cimo as the Bank's Senior Loan Officer.
"Rich has extensive experience in the community banking lending area" said Mr. Lupo.
"The key to being successful as a community bank lender is to be flexible and responsive to the unique needs of each borrower" said Mr. Cimo. "All too often, the small business owner has credit needs or opportunities that arise quickly. The larger, regional institutions take a cooker cutter approach to lending, it fits or it doesn't. My job is to find a way to make the loan."
Mr. Cimo's background includes over 15 years in lending and with community banks. "Community banking really involves helping people, getting to know your customer and developing relationships. "The people, that's what makes it fun", said Mr. Cimo.
Regal Bank is headquartered in Livingston, NJ. Loan products include Commercial Real Estate, Term Loans and an assortment of Consumer Loans. For additional information, please contact Richard Cimo at 973-716-0600