You are reading

First Central Savings Bank celebrates momentous $1 billion milestone in loan originations

Posted by

Oct. 24, 2023 By Ethan Marshall

First Central Savings Bank (FCSB) announced that Michelle Socias, executive vice president and director of Residential Mortgage Originations and Capital Markets, and her residential lending team surpassed the extraordinary milestone of $1 billion in residential loan originations in September 2023.

First Central Savings Bank

Executive Leadership Team Members at First Central Savings Bank. Photo courtesy of First Central Savings Bank

First Central Savings Bank views this accomplishment as a great way of exemplifying their commitment to delivering unparalleled financial lending services. Additionally, it underscores the Bank’s position as a trusted partner in the communities they serve. The residential lending team’s diligence and passion for providing tailored solutions have not only enriched the lives of countless individuals and families but have also supported the overall economic development of the community.

First Central Savings Bank

Photo courtesy of First Central Savings Bank

Ken Sapanski, SEVP Chief Credit Officer and Director of Mortgage Banking expressed his deep praise to the residential team. “Since joining FCSB in November 2019 and assembling the residential team, we have had great success in developing lending products for our customers and partners. We look forward to building additional relationships in the mortgage banking industry and continuing our success in growing FCSB. The remarkable milestone of $1 billion in loan originations speaks volumes about FCSB’s robust loan growth and its steadfast position in the market.”

Chairman Joseph Pistilli expressed his admiration and congratulations on behalf of First Central Savings Bank’s Board of Directors to Michelle Socias and her team, stating, “We congratulate Michelle Socias and the entire residential lending team for their unwavering dedication and exceptional performance that led to this momentous achievement. Their expertise and relentless commitment to excellence have been critical to our continued success.”

The management team at First Central Savings Bank is dedicated to delivering exceptional results to their customers and shareholders. With a focus on community-oriented banking, First Central Savings Bank works to foster economic growth and ensure the prosperity of the local community.

Recent News
Alleged squatter indicted for illegally occupying Howard Beach home: DA

A Hollis woman was indicted by a Queens grand jury on charges of burglary, criminal trespass and other related crimes for illegally occupying a single-family home in Howard Beach.

Laurel Bay, 49, of 198th Street, was arraigned Thursday in Queens Supreme Court on a five-count indictment for allegedly squatting in a house on 99th Street that had been vacant since 2012, with the homeowner managing the property from out of state.

Read More
0
E train rider beaten with a skateboard during attempted robbery, suspect remains at large a month later: NYPD

Police from the 112th Precinct in Forest Hills and Transit District 20 are looking for a suspect who weaponized a skateboard to bludgeon an E train rider last month.

The attack went down during the early morning hours of Monday, Sept. 16, as the 36-year-old victim was sitting on a southbound E approaching the Forest Hills–71st Avenue station at around 3 a.m. when a stranger approached. The intruder attempted to remove property from the victim’s pocket. The targeted rider began to record the older man with his cell phone. The stranger grabbed a skateboard from another rider and smashed the victim in his head, police said Tuesday.

Read More
0
Load More Articles