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Westchester and Valley complete banking merger

The merger of Valley National Bankcorp and The Westchester Bank Holding Corp. has been completed. Westchester’s wholly owned subsidiary The Westchester Bank has become...

Valley National Bancorp to acquire Westchester Bank Holding Corp.

Valley National Bancorp of New Jersey and Westchester Bank Holding Corp. announced  that they have entered into a definitive merger agreement. Westchester Bank Holding Corp....

The Westchester Bank donates $500 to Carver Center

Port Chester’s Carver Center received a $500 grant from The Westchester Bank that will support the center’s programming.    For more than 75 years, the...

Open Banking concept attractive to area banks, but wait for regulations...

Paving the way for third parties to access banks' customer data as a way to improve efficiencies in the customer experience are Open Banking initiatives in the U.K., the E.U. and Asia.

The Westchester Bank expands HQ space in White Plains

The commercial bank has leased an additional 2,600 square feet at 12 Water St. in the city, bringing its square footage up to 13,852.

The Westchester Bank receives two honors

The Westchester Bank has received a Bauer Financial 5-Star Rating for the 26th consecutive quarter and also has been selected as one of the Top 200 Safest Banks in America.

Serniak joins The Westchester Bank

Jay Serniak will be responsible for organizing and generating new commercial loan activity while strengthening an existing loan portfolio from various business sectors.

Banks ask bankruptcy court to force D’Alessio liquidation

The Westchester Bank, Greater Hudson Bank and BNB Bank claim that Michael D’Alessio owes them more than $6.3 million.

The Westchester Bank to relocate Yonkers branch

The Central Avenue storefront space is within a mile of the bank's original Yonkers headquarters and branch office.

The Westchester Bank gets high rating

Independent Banker magazine, has named The Westchester Bank as one of the top-producing commercial lenders in the U.S.

Wary borrowers avoiding reverse mortgage market

Reverse mortgages have weathered some controversy over the years, ranging from news stories regarding foreclosure cases against seniors who defaulted on the terms of their loans to a wider misperception that lenders automatically seize the property upon the death of the borrower.

Lenders view ailing retail sector with cautious confidence

“There have been a lot of headlines that retail is in free fall and some call it the next Big Short — the 2017 variety of the subprime mortgage market,” said Manus Clancy, managing director at Trepp LLC, a New York City-based provider of commercial mortgage data and analytics.

Westchester’s multifamily market thrives through commercial lending decline

A survey of 70 domestic banks released in January by the Federal Reserve found that lending standards for commercial real estate loans of all types tightened during the fourth quarter of 2016.

Region’s branch banking still thrives in the digital age

Despite rising popularity of mobile banking, more branches are being planned.

The Westchester Bank expands to 800 Westchester Ave. in Rye Brook

The Westchester Bank has opened a branch on the fourth floor of 800 Westchester Ave. in Rye Brook. The bank's sixth branch puts it in one of...