STATEN ISLAND, N.Y. — Empire State Bank will open and operate a new branch office in one of Staten Island’s newest office buildings, Corporate Commons Three in Bloomfield.
Empire State Bank expects to open the new South Avenue Branch for retail operations before spring, said Linda A. Lacewell, superintendent of the state Department of Financial Services (DFS).
“Empire State Bank’s approval reaffirms DFS’s commitment to expanding banking services to every person in New York State,” said Lacewell. “Not only will the people of Staten Island have more banking options, but also the opportunity for the community to access financial services and products to grow and prosper financially.”
Said Philip Guarnieri, the company’s chief executive officer: “We are so pleased to have been offered the opportunity to be the bank to establish a banking center at Corporate Commons Three. We will be the only bank to service 530,000 square feet of office space. Our relationship style of service will allow us to establish banking relationships with the tenants of this location and surrounding buildings on the South Avenue business corridor.”
Corporate Commons Three — the latest addition to Richard and Lois Nicotra’s unique Bloomfield-based Corporate Park of 1.5 million square feet amid a 415-acre preserve — is a new state-of-the art, eight-story building.
Empire State Bank has two other banking locations on Staten Island — in New Dorp and Castleton Corners — and a business loan center in Meiers Corners. With the new branch office, Empire State Bank will operate a total of six branch offices and two representative offices located in the New York City boroughs of Staten Island, Brooklyn, and Queens.
As of Sept. 30, 2020, Empire State Bank had total assets of $495.4 million, according to DFS.
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