National Bank of Coxsackie Opens Loan Production and Administrative Office in Latham, New York

Rhea-AI Summary

NBC - National Bank of Coxsackie Hosts Ribbon Cutting for New Commercial Loan Production and Administrative Offices in Latham, NY

LATHAM, N.Y.--(BUSINESS WIRE)-- In conjunction with the Capital Region and Colonie Chambers of Commerce, The National Bank of Coxsackie (“NBC”) hosted a ribbon cutting for their new commercial loan production and administrative offices on August 9^th, 2023.

Pictured here from left to right is Ambassador for the Colonie Chamber of Commerce Garry Packer, Capital Region Chamber of Commerce Senior Vice President Peter Bardunias, Town of Colonie Deputy Supervisor Rick Field, State Senator Jake Ashby, National Bank of Coxsackie President and CEO John Balli, National Bank of Coxsackie Chairman for the Board of Directors Donald Persico, and Colonie Chamber of Commerce President Thomas Nolte. (Photo: Business Wire)

Located at 1003 New Loudon Road, Cohoes, the office space houses NBC’s Senior Commercial Credit and Lending, along with Commercial Loan Officers, Business Development Officers, and the commercial underwriters.

The event was attended by local business owners and dignitaries including State Senator Jake Ashby, Town of Colonie Deputy Supervisor Rick Field, Capital Region Chamber of Commerce Senior Vice President Peter Bardunias, Colonie Chamber of Commerce President Thomas Nolte, along with ambassadors from both Chambers.

“You see an office space before you but to us at NBC, it represents much more,” remarked National Bank of Coxsackie President and CEO John Balli. “It is a clear commitment to our communities and serving individual and business customers in these communities. Being here increases our market exposure, opportunities for employment, and most importantly, the business lending that has such a profound impact on small and mid-market employers and helps them expand and hire more folks.”

Since 1852, The National Bank of Coxsackie has been the premier bank of choice for thousands of customers. With eight branch locations ranging from Coxsackie to Glenmont, including their new commercial loan production and administrative office in Latham, the bank serves the greater Capital Region. National Bank of Coxsackie is committed to providing customers with the same products and services as larger banks, while delivering them with a personal touch. The bank is a wholly-owned subsidiary of NBC Bancorp, Inc. (OTCPK:NCXS).

View source version on businesswire.com: https://www.businesswire.com/news/home/20230814348202/en/

Nicole M. Bliss, 518-731-6161

nbliss@nbcoxsackie.com

Source: National Bank of Coxsackie

FAQ

What is the event announced in the press release?

The press release announces the ribbon cutting event hosted by National Bank of Coxsackie for their new commercial loan production and administrative offices in Latham, NY.

Who attended the event?

The event was attended by local business owners, dignitaries, ambassadors from both Chambers, State Senator Jake Ashby, Town of Colonie Deputy Supervisor Rick Field, and Capital Region Chamber of Commerce Senior Vice President Peter Bardunias.

What is the significance of the new office space?

The new office space represents a commitment to the communities served by NBC, increases market exposure, provides employment opportunities, and supports business lending for small and mid-market employers.

What is the mission of National Bank of Coxsackie?

The bank is committed to providing customers with the same products and services as larger banks while delivering them with a personal touch.