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Signature Bank Expands Private Client Banking Network, Appoints Veteran Bankers

Date: Dec 07, 2016 @ 07:13 AM
Filed Under: Banking News

Signature Bank, a New York-based full-service commercial bank, announced today the appointment of several new private client banking professionals, who joined existing banking teams.

Pasquale (Pat) Loporcaro was named Group Director and Vice President at the Bank’s Staten Island (Hylan Blvd.) private client banking office. He assumes this role from Theresa Marks, who will be retiring at the end of this year, after serving as Group Director and Senior Vice President for eight years. In this role, he will help to grow the portfolio of the business managed by this four-person team.

Loporcaro is the former Vice President and Branch Manager for TD Bank on Page Avenue in Staten Island, a position he held for several years, during which time he handled business development, managed client relationships and oversaw office operations. Earlier in his career, Loporcaro was a commodities trader and president of Pasco Trading Corp., a commodities brokerage firm specializing in sugar futures.

Richard V. Imprescia, who was named Associate Group Director and Vice President, joined Tom Kasulka’s team, based in midtown Manhattan. Kasulka has been a Group Director and Senior Vice President at the Bank since 2004. In his new role, Imprescia will be responsible for business development across commercial clients in the areas of manufacturing, construction, food and beverage and public and private finance. Imprescia brings nearly 20 years of finance experience to his position. Most recently, he spent 13 years at New York City-based Anchin Block & Anchin, LLP, an accounting and advisory services firm catering to privately held businesses and providing private client wealth services. During this time, he served in a range of executive positions, primarily focused on identifying new business opportunities.

Earlier, Imprescia served on the New York State Department of Economic Development for The Empire State Development Corp. (ESDC), a public benefit corporation leading New York State’s economic development efforts. He was appointed Deputy Executive Director by then New York State Governor George E. Pataki.

Michael Benenfeld, who was also named Associate Group Director and Vice President, joined Meyer Eichler’s private client banking team in Borough Park, Brooklyn, N.Y. Eichler has led the now seven-person team since 2010. Benenfeld had served as Branch Manager and Vice President at Apple Bank for Savings in Brooklyn for 19 years. In this capacity, Benenfeld managed a portfolio of clients and oversaw branch operations. Over the years, he became recognized as one of the local community’s most notable banking professionals. Earlier, he was a Senior Account Officer at Bank Leumi in Borough Park.

“The appointment of these talented professionals is indicative of the many market opportunities that remain prevalent in the financial services landscape across metro-NY. We continue to seize these opportunities as we expand our network, whether it is by appointing veteran professionals to existing teams or attracting new teams. These appointments are reflective of the type of continued entrepreneurial culture and spirit of our Bank. We welcome Pat, Richard and Michael to our growing franchise and look forward to their contributions in the key markets we serve,” explained Joseph J. DePaolo, President and Chief Executive Officer at Signature Bank.

Signature Bank, member FDIC, is a New York-based full-service commercial bank with 30 private client offices throughout the New York metropolitan area, including those in Manhattan, Brooklyn, Westchester, Long Island, Queens, the Bronx, Staten Island and Connecticut. The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services. Its specialty finance subsidiary, Signature Financial, LLC, provides equipment finance and leasing.

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