Pictured, left to right: Patrick MacKrell, President and CEO of The 504 Company; Kim Cioch, SVP, BNB Commercial Lending Office Courtesy photo

Bridgehampton National Bank has announced that Kim Cioch, Senior Vice President, Commercial Lending Officer has been recognized as Lender of the Year by The 504 Company (formerly known as Empire State Certified Development Corporation.)

“Kim has been a long time, active partner of The 504 Company and an advocate for Long Island small businesses,” noted Pat MacKrell, President and CEO of The 504 Company. “Throughout the course of our work together, she has proactively sought opportunities to provide alternative sources of capital to her customers, and to advance 504 lending in the region. We are very appreciative of her support and applaud her efforts to support Long Island’s business community.”

The 504 Company’s Lender of the Year Award honors bankers for their creativity, perseverance and dedication in promoting access to capital to their small business customers. By partnering with The 504 Company to find creative long-term financing solutions for creditworthy businesses, award recipients champion economic development and job creation in New York State.

“We are very proud to have Kim’s hard work and dedication recognized by The 504 Company,” commented Kevin Santacroce, BNB’s Executive Vice President & Chief Lending Officer. “Kim has been an invaluable team member for over 20 years, developing long-term relationships with her customers in eastern and central Suffolk County market of Long Island. It is gratifying that The 504 Company values her as much as we do.”

The 504 Company is a leading provider of alternative financing in New Jersey, New York, and Pennsylvania. By working with their lending partners to provide small businesses ranging from start-ups in underserved markets to seasoned businesses with the capital needed to start or grow, The 504 Company promotes economic development and job creation. The 504 Company is an affiliate of NYBDC and Excelsior Growth Fund.

Established in 1910, BNB, with assets of approximately $3.8 billion, operates 40 retail branch locations serving Long Island and the greater New York metropolitan area. In addition, the bank operates two loan production offices: one in Manhattan, and one in Riverhead, New York. BNB is recognized as one of the top community banks in the country. BNB has a rich tradition of involvement in the community, supporting programs and initiatives that promote local business, the environment, education, healthcare, social services and the arts.

Source: Press release issued by Bridgehampton National Bank dated Jan.4, 2017.

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