Business November 9, 2011 THE VILLADOM TIMES I • Page 17 Provident Bank, a subsidiary of Provident New York Bancorp, recently announced that it has plans to enter New York City in its first expansion since 2007. The bank also announced that Mahwah resident David Bagatelle will serve as an executive vice president of Provident Bank and will be president of the New York City Bagatelle takes leadership role at Provident Bank market. In this role, he will spearhead the expansion into New York City by focusing on serving middle market commercial clients and the personal banking needs of the owners, senior managers, and employees of those businesses. “This new market entry follows through on our strategic objective of expanding our reach into the greater New York City marketplace,” said Jack Kopnisky, president and CEO of Provident Bank. “With his experience in the market and track record of success, David is the perfect choice for us to lead this effort.” Bagatelle added, “I am looking forward to building a world-class banking operation here in New York City for Provident Bank that provides superior service to our clients and superior results for the bank.” Bagatelle has already begun recruiting efforts to build strong commercial teams for Provident Bank in New York City. The company plans to add a significant number of commercial teams in the greater New York area over the next few years. Bagatelle has spent his entire career in the New York City market, most recently as president and CEO of Herald National Bank, a bank he founded. Bagatelle grew the bank to $500 million in assets and successfully attracted $430 million in predominantly core deposits. Prior to founding Herald National, Bagatelle was one of the founders of Signature Bank, where he served as executive vice president, president of Signature Securities, and a member of its Management Executive Committee. During his tenure, the bank grew to 18 offices, $3.7 billion in deposits, $4.7 billion in assets, and 43 banking teams. He worked closely with the banking teams to assist in bringing in some of the largest client relationships and helping attract many successful bankers to join the organization. Atlantic Stewardship Bank recently announced the appointment of Christine M. Buchanan of Allendale as Compliance Analyst. Buchanan will serve at the Bank’s Midland Park office located at 630 Godwin Avenue. Ms. Buchanan has 20 years of progressive experience within the financial services industry. Buchanan’s experience includes retail and private banking, consumer risk and compliance. She holds a B.A. in Economics from Suffolk University, Boston, MA. “We are pleased to welcome Christine Buchanan to Atlantic Stewardship Bank’s Management Team,” said Atlantic Stewardship Bank President and Chief Executive Officer, Paul Van Ostenbridge. “Christine brings a wealth of consumer risk and compliance experience to our team, having worked in banking throughout her career.” ASB appointments Christine M. Buchanan as compliance analyst David Bagatelle Christine M. Buchanan Bagatelle also held leadership positions at Republic National Bank and was the primary executive responsible for 82 locations and 1,000 employees in the New York metropolitan area. He began his banking career at M&T Bank. Headquartered in Montebello, New York, Provident Bank, with $3 billion in assets, is the largest independent fullservice community bank in the lower Hudson Valley. Provident Bank operates 36 branches that serve the Hudson Valley region including three commercial banking centers in Westchester County, and two in Bergen County, New Jersey. The bank offers a complete line of commercial, retail, and investment management services. Visit www.providentbanking.com.