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Signature Bank Hires Private Client Team From Sterling National Bank

April 18, 2017, 07:20 AM

Signature Bank announced the appointment of a new four-person team, based out of the Bank’s private client office in White Plains, N.Y.

The team, led by Michael Maloney and Nick Mucilli, each of whom were named Group Director and Senior Vice President, all join from Sterling National Bank (White Plains and Yonkers locations). Most of the team worked together for approximately 10 years, primarily at Hudson Valley Bank, prior to its merger with Sterling. The team is also comprised of Daniel Olimpio and Lindsey Robertson, who will each serve as Associate Group Director and Vice President.

Maloney spent 30 years in the finance and banking industry, with 24 years at Sterling/Hudson Valley. At Sterling, he was Senior Managing Director/Senior Vice President, where he led a team in Westchester for two years. Prior, at Hudson Valley, he was based at the Yonkers headquarters, serving as Chief Banking Officer/Executive Vice President, managing the bank’s commercial business activities. Earlier, at the same institution, he held several roles in commercial banking.

Mucilli also brings 30 years of banking-related experience to his new position, with nearly 10 spent at Sterling/Hudson Valley Bank. Most recently, he was Senior Managing Director/Director of Cash Management, leading cash management sales and implementation for the entire Sterling footprint, based in Yonkers. He developed the Cash Management division for Hudson Valley Bank nearly nine years ago. Earlier in his career, he held roles of increasing responsibility in retail banking and business development at Bank of New York in White Plains for more than 15 years.

Olimpio was a Cash Management Sales Manager/Vice President at the Yonkers location, responsible for overseeing the cash management sales team across all specialty banking units. During his six-year tenure at Sterling/Hudson Valley Bank, he worked in various roles, all related to cash management.

Robertson spent nearly nine years with her former employer. Most recently, she served as Cash Management Implementation Manager/Vice President in Yonkers, managing the Cash Management Implementation team for commercial and specialty clients.

Concurrent with the new team appointment, Signature Bank also expanded one of its existing teams with the naming of William M. Mooney, III, Esq. to the post of Group Director and Senior Vice President. He joins the private client banking team lead by Thomas Mooney in Greenwich, Conn. Based upon his relationships and experience in New York, Mooney will be based out of Signature Bank’s White Plains office.

Mooney has an extensive business, legal and political career, with roots cultivated throughout Westchester County and the Hudson Valley region. Previously, he was Director of the Office of Economic Development for Westchester County and Executive Director of the Westchester County Industrial Development Agency (IDA) and Local Development Corporation (LDC) in White Plains. In each of these positions, he was entrenched in the vibrant Westchester business landscape, serving as liaison to the business community, encouraging businesses to stay, grow and relocate to the County and region to support continued growth through financial, economic and business incentives.

Earlier, he was a Chief Advisor for Governmental Operations in Westchester County, overseeing County budget and policy initiatives. Mooney, a lawyer by trade, was a partner at the law firm of Plunkett & Jaffe Group of McKenna Long & Aldridge LLP and corporate counsel for the City of Yonkers. He brings a plethora of key contacts and relationships throughout Westchester County and New York State to his new role with Signature Bank.

“We begin 2017 with further opportunities to attract additional veteran private client banking teams who bring extensive expertise to our network. In the case of Michael and Nick’s team, they have garnered strong reputations throughout Westchester’s business community, an important growth area for the Bank. The team has decades of experience serving the County, which we believe bodes well for the Bank’s growth in this area,” explained Joseph J. DePaolo, Co-founder, President and Chief Executive Officer at Signature Bank.

“Complementing our growth initiative in Westchester is Bill Mooney’s years of work within the County and region. He has dedicated his career to catering to the County’s economic development, and the relationships he has forged will prove beneficial to our role within the Westchester commercial banking arena. We look forward to the efforts our new colleagues will put forth in their roles within our growing franchise,” DePaolo said.

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