Piermont Bank

?? ?? ?? Congratulations to Team Kicking Assets, the champion of Piermont Bank's 1% Challenge, winning the grand prize of $24,000! ? This challenge was about making tiny changes for remarkable results. Many from our team answered the call to action to drive process efficiency, growth in revenue, strengthen risk management, and enhance cross-department collaboration, 1% at a time! Our winning team is a team of ladies from loan operations and credit underwriting, and they delivered outstanding results to improve our reporting, loan monitoring process and property inspections. ? A big thank you to all the participants for all your creativity and commitment to continuous improvement. Every effort made help us push boundaries and elevate our standards! The 1% challenge helps us as a team to see how small changes compounded value and made material impact. Stay tuned for more innovation and operation excellence at Piermont Bank! ? #1PercentBetter #EfficiencyinAction #innovationinbanking #operationexcellence

We are thrilled to share insights from our CEO, Wendy Cai-Lee, featured in Forbes. In her latest article, Wendy emphasizes that while optimism fuels small and medium-sized business (SMB) owners, it's the strength of their networks and interactions that truly drive success. Wendy highlights that #SMB owners who operate with a linear vision often miss out on opportunities to network or leverage resources around them. At Piermont Bank, we are committed to fostering these vital connections, ensuring our clients thrive in today's dynamic #business landscape. Read the full article here: https://lnkd.in/ejMBSmEK

This Fast Company feature highlights something unique about Piermont Bank—our board is 78% female. It’s about assembling the best minds to drive innovation, challenge the status quo, and build a bank for today’s high-growth businesses. As we celebrate Women’s History Month, this moment reminds us that real change happens when diversity is embedded in how we do business, not just as an initiative. At Piermont, we’re proud to be redefining leadership in banking—one decision at a time. Read the full feature here: https://lnkd.in/e7b9NTsV #Leadership #WomensHistoryMonth #DiversityInBanking #BankingInnovation #FastCompany #Inc

?? Fuel your business growth with an owner-occupied loan ? We are actively financing and supporting businesses that own the property from which they operate their business. We can help business owners secure financing with: ?? 5-year term for stability ? Up to 70% Loan-to-Value (LTV)* for smart leverage ?? Competitive rates to keep costs low ? If you are looking to expand, refinance, or purchase property for your business, let's talk! We specialize in tailored financing solutions to help you succeed. ? Email us at [email protected] to see how we can support your business goals.? *Subject to the Bank's loan approval and underwriting standards.

Our team will be heading to the 14th Annual Global Fund Finance Symposium in Miami Beach next week! If you are attending and interested in exploring partnership opportunities or exchanging ideas, feel free to reach out to set up a time to connect. https://lnkd.in/e7z_hkgf #fundfinance #fund

?? ?? ?? We are excited to announce the addition of two women leaders to our Board of Directors: Carla Brooks and Cyndie Chang. Their extensive experiences in law, banking and regulatory oversight will strengthen the bank’s leadership as it continues to serve entrepreneurs and businesses with innovative financial solutions! “It’s our pleasure to announce the appointments of two trailblazing financial industry leaders like Ms. Brooks and Ms. Chang to join our Board,” said Julia Gouw, Chairwoman of Piermont Bank, "Their extraordinary expertise, leadership, and shared commitment to empowering businesses will be invaluable as we continue to innovate and serve the diverse needs of our clients.” Read more ?? https://lnkd.in/dNvHjyfh

2025 is a critical year for small and medium-sized businesses (SMBs) to take an even bigger role in the U.S. economy. However, a?recent report by IBM's Institute for Business Value and BIAN highlights a pressing issue: fewer than 6% of bank executives rate their SMB services with an "A." The gap is clear, and Piermont Bank is leading the charge to close it. Read?more?about how: https://shorturl.at/VYCQ6 At Piermont Bank, we’ve built our foundation on understanding the unique needs of today’s entrepreneurs and SMBs. This report validates our unwavering commitment to becoming the?destination bank?for?businesses seeking modern banking solutions that can help them grow. Here’s how we’re making a difference: Client-Centric Innovation:?We don’t just provide banking services; we partner with entrepreneurs to craft solutions that align with their business goals. Agile and Responsive:?We stand out by delivering timely, adaptable, and scalable?banking solutions. Empowering Growth:?Our advisory-first approach equips SMBs with the tools and knowledge to thrive, ensuring sustainable growth. As a forward-thinking institution, Piermont Bank is reshaping what it means to bank entrepreneurs and their businesses.?We understand the importance of scale and the fast-changing needs of a high-growth company. Our mission is simple: help entrepreneurs scale into industry giants. Let’s continue to reimagine the future of banking for entrepreneurs and SMBs together. Share with us your thoughts on how to empower our SMBs with banking solutions. #ThoughtLeadership #SMBs #Entrepreneurship #BankingInnovation #PiermontBank

Tis the season to be jolly and reflect on a year of co-creating success & prosperity with our Piermont Bank community!

Insight by Piermont Bank CEO Wendy Cai-Lee from the PEI's #WomenInPrivateMarketsSummit: As the CRE debt market grows increasingly complex, adaptive approaches are critical to managing risks while delivering value. Piermont Bank adamantly believes a culture of collaboration, transparent communication, and innovation will be instrumental in unlocking opportunities in this dynamic market. We are thrilled to work with some of the leading funds to continue in servicing the CRE market. Read more: https://shorturl.at/w8c9N #PrivateMarketInternational #WomenInPrivateMarkets #CRE #CREFunds #BankingSolutions

It was great to join leading thought leaders and innovators at the FT Global Banking Summit last week in London to explore how AI is reshaping the financial industry at its “core.”