Savings bank

Ridgewood Savings Bank welcomes new Bank Director –

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Ridgewood Savings Bank recently appointed Mark Sanchioni as the new Banking Director, overseeing digital banking, branch operations and many other departments of the company.

Sanchioni previously served as the Head of Operations and Administration of Consumer Banking Services at Atlantic Union Bank in Richmond, Virginia. He also worked for United Bank based in Hartford and spent 19 years at Webster Bank in senior management roles.

Leonard Stekol, President and CEO of Ridgewood Savings Bank, said he was happy to welcome Sanchioni to the team.

“His background in banking and operations, and his desire to provide exceptional customer service, reflects our business model of delivering excellence at all levels,” said Stekol.

Sanchioni said he wanted to come to Ridgewood because of the bank’s long history of charitable work in the community.

“It’s a philosophy that is close to my heart,” said Sanchioni.

He also noted that Ridgewood’s Forbes ranking was the “No. 1 bank in New York.”

“Ridgewood Savings Bank takes this honor very seriously and works hard to win it back every day,” observed Sanchioni.

Ridgewood Savings Bank was founded in 1921 and is the largest savings bank in New York State, with $ 6 billion in assets. Ridgewood has 35 branches in New York City as well as Yonkers, Westchester and Long Island.

The bank donated more than $ 29 million in Paycheck Protection Program loans to local businesses, helping protect nearly 5,000 jobs last year. They also sponsor local events and teach financial literacy across town.

Sanchioni said he was excited to start his new job with Ridgewood Savings Bank and outlined his goals for the company.

“Our goal is to help customers gain better access to their accounts through a variety of digital platforms that offer more and more functionality, as well as through our traditional branch network that customers love and frequent in their local communities,” Sanchioni said. “One of our top priorities is to help anyone considering doing business with us better understand that Ridgewood provides nearly all the products and services of any major commercial bank without sacrificing the truly personal connection.”

The position was previously held by Carlos R. Sanchez, who is retiring in February 2022 after 40 years in the banking industry. Sanchez started with Ridgewood Savings Bank in 2016.

Stekol thanked Sanchez for his service to the company.

“Carlos has played an important role in providing a positive banking experience for our customers, which is why they continue to rank us at the highest level,” said Stekol. “We wish him and his family many happy and healthy years to come. “

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