Peoples Security Bank & Trust Company (PSBT) of Scranton, PA has announced executive level appointments to its first business center in the state of New Jersey, which is slated for a public grand opening in October 2021 in Piscataway.
John J. Pagano, senior vice president, New Jersey market manager
Pagano joins the team with over 27 years of banking experience specifically within the commercial real estate market, including the multifamily sector, MHPs, grocer-anchored retail, credit-anchored retail, self storage, industrial and medical office assets. Along with his proficient management capabilities in leading high-performing teams, Pagano holds designated concentrated experience in portfolio management and client retention. Within his management role, Pagano will be instrumental in cultivating the brand’s outward visible presence in the market. As the designated primary leader, his position will also entail proactively building long-term relationships with business owners and clients throughout the region.
Prior to his hiring at Peoples Security Bank & Trust, Pagano served as vice president/relationship manager at Lakeland Bank in Waldwick, in which he was responsible for originating, structuring, and negotiating commercial real estate loans throughout South Jersey, Southeastern Pennsylvania, and Northern Delaware. Previously, he was appointed as vice president at Oritani Bank in Cherry Hill, where during his tenure he structured and negotiated commercial real estate loans within the same geographic territory. Prior to that, as vice president of Columbia Bank in Voorhees, Pagano was tasked with developing commercial real estate and construction loans while simultaneously establishing and overseeing relationships in South Jersey, as well as the Philadelphia Metro region. Pagano also held senior positions related to commercial lending activities at Amboy National Bank in Old Bridge, as well as the former United Jersey Bank (Summit Bank) in Princeton.
Pagano earned an Associate of Science degree in Law Enforcement from Mercer County Community College, as well as a Bachelor of Science in Finance from Rider University. He also received a Certificate in Banking from the American Institute of Banking. A dedicated civic leader and passionate community volunteer, Pagano is a good standing member of the Mortgage Bankers Association. vice chairman & Class IV Member of the Florence Township Planning Board, he also holds active memberships with the Florence Township Environmental Commission and Florence Township Mayor’s Task Force on Affordable Housing. He is involved as a subcommittee member for the Former Roebling Steel Site Rezoning Committee, an assistant cubmaster and den leader for Roebling/Florence Pack 3, an assistant scoutmaster for Roebling/Florence Troop 3, and a fundraising chair for the Roebling Pack 3 Committee. Additionally, he is also a BSA-certified Merit Badge Counselor for the Garden State Council. Pagano is a resident of Florence.
Thomas G. Guinan, senior vice president, senior commercial lender
Guinan joins the team with over three decades of experience in managing complex portfolios within the commercial mortgage space, construction sector, and residential loan arena. Throughout the duration of his career, Guinan has excelled in creating precise financial solutions to stimulate substantial portfolio management growth to a wide variety of clientele throughout the Tri-State area, as well as Eastern Pennsylvania and Delaware. In his new executive management role, Guinan will be responsible for developing new commercial business activity in the form of lending, advisory, and treasury services for the regional market.
Prior to his recruitment to Peoples Security Bank & Trust, Guinan was most recently named as vice president, relationship manager at Lakeland Bank in Waldwick. Previously, he was a Senior Vice President, Commercial Lending Office at ConnectOneBank in Englewood Cliffs. His work experience has also included serving as executive president, chief lending officer at Oritani Bank in the Township of Washington, and senior vice president – commercial lending officer at Columbia Bank in Fair Lawn.
Guinan earned a Bachelor of Science degree in Finance from Fairleigh Dickinson University. In his spare time, he enjoys serving as a public member of the Bergen County Bar Ethics Committee, a trustee of the Bergen County Bar Foundation, and a trustee of the Hackensack Golf Club. Guinan is a resident of Wyckoff.
“The extraordinary talent and experience of these two professionals will provide depth and added value to our new and existing customers of Peoples Security Bank & Trust in the New Jersey market,” remarked Neal Koplin, senior executive vice president – chief banking officer. “With the support of a strong leadership team in John and Tom, we look forward to welcoming new customers and providing enhanced services to existing customers across this region in the near future.”
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