Westchester Bank has received regulatory approval from the New York State Banking Department and the FDIC, to open its second branch in Westchester County. Reportedly, the new branch will be located at 464 Mamaroneck Avenue in downtown White Plains, which was formerly a branch for Washington Mutual, and is expected to open in late fall.
John Tolomer, president and CEO, said: “This is an exciting and important milestone for our Bank. Our new White Plains branch will position us for continued growth in what is one of the region’s most dynamic cities. Downtown White Plains is enjoying a remarkable renaissance with new housing, retail stores, restaurants and small businesses. This is an ideal market for our Bank which prides itself on providing businesses and consumers with highly personal and responsive service.”
The Westchester Bank offers services to businesses and consumers including business and personal checking, business lending, commercial mortgages, savings accounts, CDs, money market accounts, Interest On Lawyer Accounts (IOLA), attorney escrow accounts and tenant security accounts.
