Banesco USA Expands Banking Services in Broward County
Banesco USA, a Florida-chartered bank with assets exceeding $4.4 billion, has unveiled plans to strengthen its presence in Broward County. This move is aimed at enhancing support for the burgeoning business community in the region. Following the recent establishment of a new Loan and Deposit Production Office in Plantation, the bank aims to open a full-service branch later this year, pending regulatory approval.
Leadership Team for Broward Market
The new Broward banking team is headed by Joshua Montagna, who assumes the role of Broward Market Executive. He is joined by seasoned professionals:
- Kimberly Cagiano – Senior Vice President of Corporate Banking
- Matthew Kronfeld – Senior Vice President of Corporate Banking
- Livan Ruiz – Customer Relationship Officer
Insights from Banesco Leadership
Calixto Garcia-Velez, President & CEO of Banesco USA, expressed his optimism regarding this expansion:
“Given Banesco’s successful history with clients in the Broward market, expanding our presence with a Broward-based team was the natural next step. This team’s extensive experience will allow us to cultivate deeper client relationships while broadening our banking services to better serve the local community.”
Meet the Team
Each member of the newly formed Broward banking team brings decades of invaluable experience, focused on building relationships within the local business community:
Joshua Montagna: Broward Market Executive
- Experience: Nearly 20 years in financial services
- Education: MBA in Finance from Nova Southeastern University; Bachelor of Science in Finance and Entrepreneurship from Florida State University
- Community Engagement: Active member of NSU’s Ambassadors Board
Kimberly Cagiano: Senior Vice President
- Experience: Over 30 years in banking
- Roles in Community: Board Chair of ARC Broward; Co-Chair of Junior Achievement’s Circle of Wise Women
- Education: Degrees from Broward College and Bellevue University; Leadership Broward program graduate
Matthew Kronfeld: Senior Vice President
- Experience: 18 years focusing on corporate and commercial banking
- Education: Bachelor’s in Finance from the University of Florida
- Community Role: Board member of Boys & Girls Club of Broward County
Livan Ruiz: Customer Relationship Officer
- Role: Building and maintaining client relationships
- Education: Degree from Miami Dade College
Customized Banking Solutions
Banesco USA is committed to delivering tailored banking services, catering to various sectors, including:
- Commercial Real Estate
- Commercial and Industrial Businesses
- Professional Clients
With ambitious plans to continue its growth trajectory, Banesco is focused on investments in key areas such as:
- Commercial & Industrial (C&I)
- Business and Professional (B&P)
- International
- Commercial Real Estate (CRE)
Why Choose Banesco USA
With a commitment to personalized customer service, Banesco USA stands out as a bank dedicated to understanding and supporting both domestic and international clients. The bank’s suite of financial products and services is designed to bolster the financial journeys of its clients.
For more information about Banesco USA’s offerings, visit BanescoUSA.com.
About Banesco USA
Founded in 2006 and headquartered in Miami, Banesco USA operates six branches in South Florida and Puerto Rico, alongside a Loan and Deposit Production Office in Palm Beach County, with the upcoming location in Broward County. The institution takes pride in servicing small to middle-market businesses, the commercial real estate sector, and professionals in the local community.
For details on Banesco USA’s comprehensive services and innovative banking solutions, explore BanescoUSA.com.