ISELIN, NEW JERSEY (July 12, 2021): Provident Bank, a leading New Jersey-based financial institution has announced that Marco Sardeira has joined the Bank as Senior Vice President, Team Leader with the bank’s North Jersey commercial lending team.
Mr. Sardeira is based in the bank’s West Orange office, and is responsible for managing a team of relationship managers and lending specialists who work with small to mid-sized companies in Northern New Jersey to grow the bank’s commercial loan portfolio by offering a variety of deposit and lending solutions. In addition, he will be actively involved with coaching and supporting his team to help structure new and existing commercial loans, meeting with customers, reviewing term sheets, and supporting loan approvals. Mr. Sardeira will also manage a loan portfolio and service the lending needs of clients in Northern New Jersey.
“I am pleased to welcome Marco to our leadership team. He possesses exceptional people skills, extensive knowledge of the market, expertise in lending, and a keen understanding of the credit needs of businesses. Marco will continue to support our efforts to grow the loan portfolio and strengthen our presence in the North Jersey market,” said Ed Galan, Senior Vice President, Regional Director.
Mr. Sardeira has more than 28 years’ experience in commercial lending and relationship management, and has closed more than $500 million in commercial lending transactions in the Northern New Jersey market. Prior to joining Provident, he was SVP, Market Director with the Business Banking group at Santander Bank
Marco Sardeira, Senior Vice President, Team Leader
About Provident Bank
Provident Bank, a community-oriented financial institution offering “Commitment you can count on” since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $13.13 billion as of March 31, 2021. With $10.30 billion in deposits, Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey, as well as Bucks, Lehigh and Northampton counties in Pennsylvania and Queens County in New York. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company and insurance services through its wholly owned subsidiary, SB One Insurance Agency, Inc. For more information about Provident Bank, visit www.provident.bank or join the conversations on Facebook (ProvidentBank) and Twitter (@ProvidentBank).