January 27, 2014 - Shrewsbury, NJ – Colonial American Bank was named Breakthrough Lender of the Year for 2013 by The U.S. Small Business Administration (“SBA”), New Jersey District Office, at the SBA’s Annual Lender Awards Ceremony. The Breakthrough Lender award honors lenders with a greater than 500% increase in the number of closed SBA loans over the prior year.
Anthony Giordano, III, President and CEO, commented, “We are very pleased to receive the SBA Breakthrough Lender award and proud of the level of SBA loan activity our team originated for small businesses in the tri-state area during 2013, our first full year as an SBA lender. We believe that small businesses are the engines that drive the U.S. economy, and our goal is to help start-up and existing small-business owners secure the funding needed to build and expand their companies and pursue new business opportunities.” Giordano added, “To that end, we are fortunate to have Andrew Glatz, Senior Vice President of SBA Lending, lead our SBA team with a great deal of experience, professionalism and SBA lending success.”
Just a few examples of the SBA loans Colonial American Bank closed in 2013 for small businesses in the tri-state area include; restaurants, a title company, a document shredding company, computer software company, contractors, a car wash, motorcycle repair shop, dental practice and industrial/office buildings. For information on how you can obtain a SBA loan, please call 732-933-4600 or click here.
January 7, 2014 - Shrewsbury, NJ – Anthony Giordano, III, President & CEO, Colonial American Bank, will participate on the Financial Services Industry Outlook panel during the New Jersey Economic Leadership Forum on January 10, 2014, at The Palace at Somerset Park in Somerset, NJ. The Forum brings together the State’s most influential business organizations and leaders for an in-depth look at the region’s financial future. Giordano has over 25 years of experience in the banking industry with specific expertise in community banking.
“It is an honor to serve on the panel with such well respected and seasoned banking professionals,” said Giordano. “The Forum is sure to be an informative event for business owners and associates from around the State of New Jersey.”
The Forum, which also includes panel discussions on healthcare and real estate, features experts in their fields who will share their insights on the issues affecting the Garden State. More information about the event can be found at www.njeconomicforum.com.
November 7, 2013 – Shrewsbury, NJ – Colonial American Bank is pleased to announce that William C. “Bill” Johnson, III, of Atlantic Highlands, has joined the Bank’s Loan Department.
Johnson, Vice President, Commercial Lending, is responsible for the growth of the commercial loan portfolio of the bank. A veteran banking executive, Johnson has spent 30+ years in the industry helping a diverse group of clients to achieve their financial goals.
"We are pleased to welcome this seasoned professional to the Bank’s lending team,” said Anthony Giordano, III, President and CEO of Colonial American Bank. "Bill joins a highly successful team of experienced, local bankers who understand the business banking needs in Monmouth County and beyond.”
Colonial American Bank Presents iPad Mini to “Guess the Pennies”
October 8, 2013 – Shrewsbury, NJ – Colonial American Bank presented Robert Solomon, Colts Neck, with an iPad Mini for being the winner of the “Guess the Pennies” contest at the new Shrewsbury branch office. Robert’s entry of 8,875 pennies was the closest guess to the actual amount in the jar of 8,897 pennies. The contest ran from May 29 through September 3, whereby members of the community who visited the branch were entitled to one entry per day to win the iPad Mini.
"We would like to thank all of the participants for visiting our new Shrewsbury branch office," said Anthony Giordano, III, President and CEO. “A visit to one of our branch offices will clearly demonstrate that they have been designed with both the community and our valued customers in mind. To that end, we invite you to use one of our leading edge conference rooms, free of charge, for your next business or community meeting.”
For more information, please call 732- 389-9500, visit the Shrewsbury branch at 490-B Shrewsbury Plaza or click here.
Colonial American Bank Opens Shrewsbury Branch Office,
Grand Opening Celebration on June 1
May 29, 2013, Shrewsbury, NJ – Colonial American Bank announced today the opening of a new branch office located in Shrewsbury, New Jersey, at 490B Shrewsbury Plaza. The public is invited to the grand opening celebration on Saturday, June 1, 2013, from 10:00 a.m. – 1:00 p.m.
Leading the Shrewsbury branch office is Sharon Franklin, of West Long Branch, as vice president and branch manager. Franklin, who has over 30 years of banking experience, will facilitate all branch sales, service, business-development strategies and ensuring 100% customer satisfaction by delivering a high level of personalized customer service. She is joined by Karen Willis of Tinton Falls and Adam Pecoraro of East Brunswick, who combined bring 36 years of banking experience. As Assistant Branch Manager, Willis is responsible for customer service, sales and operational performance, training, and community involvement. As Head Teller, Pecoraro will oversee the daily operations of the branch including managing cash flow and office security, customer service interactions, new accounts, and team member training.
“Our continued expansion in Monmouth County demonstrates Colonial American Bank’s commitment to serving our community,” said Anthony Giordano, III, President & CEO. “With customer service oriented branch locations in Middletown and Shrewsbury, we strive to build lifelong banking relationships by helping people and their businesses achieve their financial goals,” said Giordano.
The Shrewsbury branch office has a similar design to the Middletown location with a focus on the customer experience, including; a modern, customer-friendly setting featuring a public WiFi area; cookie and coffee bar; customer friendly banquettes for all service needs; LCD information screens; state of the art coin counter; and state of the art conference room with flat screen TV for presentation needs.
To celebrate its new presence in Shrewsbury, the branch is sponsoring an iPad mini giveaway. Enter to win by visiting the Shrewsbury branch office for a free entry. No purchase is necessary, and only one entry, per day, per bank visit. The drawing will take place at the conclusion of the grand opening celebration on June 1, 2013.
April 10, 2013, Shrewsbury, NJ –– Colonial American Bank (“the Bank”) is pleased to announce that the New Jersey Department of Banking and Insurance has approved the conversion of the Bank from a Pennsylvania state chartered commercial bank to a New Jersey state chartered commercial bank. The conversion was effective as of the close of business on Thursday, March 28, 2013, and the Bank reopened on March 29, 2013 as a New Jersey state chartered commercial bank. In conjunction with the charter conversion, the Bank closed its Horsham, Pennsylvania branch on March 28, 2013. The Bank’s main office is now located at 1405 Route 35 North, Middletown, NJ 07748.
"We are very pleased and excited to have been approved for the bank charter conversion by the New Jersey Department of Banking and Insurance,” said Anthony Giordano, III, President & CEO. “We look forward to growing our customer base in New Jersey by providing outstanding loan and deposit products and the highest level of personalized customer service. We would like to thank all of our loyal Horsham, Pennsylvania customers for allowing us to serve them these past seven years,” said Giordano.
April 5, 2013, Shrewsbury, NJ – Colonial American Bank is pleased to announce that Deby Findley has joined its Small Business Administration (SBA) loan department as Vice President, SBA and Commercial Loan Officer. She brings over 30 years of successful SBA lending and banking industry experience to the growing institution.
"We are very excited to have Deby join our outstanding group of commercial and SBA loan officers,” said Anthony Giordano, III, President & CEO. “Deby’s primary lending experience has been focused on assisting small businesses, which are the economic engine of the U.S. economy, grow and expand by providing accessible funding in a prudent manner. At Colonial American Bank, we make all of our lending decisions at the local level, and through professional loan officers such as Deby, have the flexibility to customize loans and provide sound financial solutions for our business customers,” said Giordano.
Jim Brown Joins Colonial American Bank as Senior Vice President for Residential Mortgage
February 26, 2013, Shrewsbury, NJ – Colonial American Bank (“CAB”) is pleased to announce that Jim Brown, of Neptune Township, has joined the Bank as Senior Vice President, Residential Mortgage.
Jim’s responsibilities include overseeing the residential mortgage department and its loan officers as well as expanding the Bank’s visibility and reach in the marketplace. He brings more than 30 years of industry experience in mortgage banking and a wealth of local knowledge of the real estate community. Prior to joining the CAB team, Jim has worked with various financial institutions over the years and has been recognized as a top performer throughout his career.
"We are delighted that Jim has become a part of the Bank’s senior management team and will utilize his expertise in growing our residential mortgage department and product offerings,” said Anthony Giordano, III, President and CEO of Colonial American Bank. "We know the mortgage process can be confusing and frustrating for consumers, and with Jim’s leadership, we strive to simplify the process by providing transparency, flexibility, and the personalized customer service that only a local community bank can offer.”
To learn more about our residential mortgages, please contact Jim Brown at 732-245-5121, email@example.com.