Gold Coast Bank Appoints Joseph Santacroce VP for Commercial Lending

Jan. 29, 2010 - PRLog -- Gold Coast Bank, headquartered in Islandia, Long Island, NY, has appointed Joseph Santacroce as Vice President for Commercial Lending.  Mr. Santacroce, a specialist in commercial real estate lending, will report to Senior Vice President for Commercial Lending Gary N. Lombardi.  He is a resident of Port Jefferson, NY.

“Gold Coast Bank is pleased to add a professional with such a wealth of experience to our team,” said Gold Coast Bank President and Chief Executive Officer Joseph G. Perri.  “Joe’s experience in real estate lending is an important asset to our organization.”

With more than 30 years in banking on Long Island, Mr. Santacroce has held a variety of senior positions in real estate lending.  As a Vice President at Astoria Federal Savings, he was responsible for developing a commercial real estate construction loan department within the commercial real estate division.  He also served as Vice President for Real Estate Lending at First Trade Union Bank, responsible for commercial loan originations, administration of active construction loans, and cross-selling bank products.  He served for more than 20 years at Roosevelt Savings Bank, becoming an Assistant Vice President in the Commercial Real Estate Lending Department.

Mr. Santacroce is a New York State Licensed/Certified Real Estate Appraiser and a Certified Environmental Inspector.  He is a member of the Columbia Society of Real Estate Appraisers, the Environmental Assessment Association and the Community Bankers Mortgage Forum.

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Gold Coast Bank, founded in 2009, is committed to serving the Long Island business community through extraordinary personal service, a healthy balance sheet, state of the art Internet technology and supporting strong businesses with solid projects. The bank was founded by a group of local business leaders who understand the challenges faced in starting, running and expanding businesses. Gold Coast Bank offers a range of business products, including lending products such as term loans, lines of credit, real estate loans, and a number of SBA products, as well as traditional consumer products. The bank is headquartered in Islandia.