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The Pennsylvania Department of Banking and Securities closed the $483 million-asset NOVA Bank in Berwyn on Friday, but the FDIC was unable to find a buyer for the failed bank's operations.
October 26 -
First Niagara Financial Group in Buffalo, N.Y., has promoted Tom Faughnan to become senior director of its residential mortgage business.
September 24 -
First Niagara Financial (FNFG) in Buffalo, N.Y., surpassed Wall Street's expectations for the third quarter as loan growth compensated for sliding mortgage banking fees.
October 18
First Niagara Financial Group (FNFG) in Buffalo, N.Y., has promoted executive John Golding to senior director of small-business banking.
Golding will lead a team of 50 small-business bankers in the newly reinstated role at First Niagara, according to a Monday press release. He joined the $37 billion-asset company in December 2012 as retail banking director for its tri-state region.
First Niagara's Eastern New York regional banking director, Nina Tyzik, will assume responsibility for the tri-state region.
Before joining First Niagara, Golding was chief operating officer at the
Golding's leadership as the head of small-business banking will be informed by his own entrepreneurial experience. He owned and operated a group of restaurants in North Carolina before he went into banking.
"John's diverse background makes him an ideal leader for our important small-business focus," said Scott Fisher, First Niagara's managing director of retail channels.
First Niagara has approximately 420 branches in New York, Pennsylvania, Connecticut and Massachusetts.