Islandia, NY — Gold Coast Bank, known as Long Island’s Community Bank, proudly announces that it has named Thomas P. Ryan as Chief Credit Officer / Chief Loan Officer. Mr. Ryan is an experienced banking executive who has worked with large corporate clients and high net-worth individuals throughout a distinguished career.
Mr. Ryan joined Gold Coast Bank Monday, Nov. 24. He reports to James P. Johnis, Gold Coast’s President and Chief Operating Officer.

“Tom brings a wealth of experience, a sound background and solid credentials to Gold Coast Bank,” said Johnis. “He will be a valuable member of a team of highly-dedicated professionals working with clients who are seeking to expand their businesses on Long Island. We are extremely proud to welcome Tom to our Bank, which has been growing rapidly since it was established six years ago. We look forward to increased growth in the years ahead, and Tom will play a major role in that effort.”

Mr. Ryan was most recently Vice President Senior Relationship Manager for Wells Fargo Bank NA in Melville, N.Y. Mr. Ryan earned a Master of Business Arts (Finance), Summa Cum Laude, from Hofstra University, a Bachelor of Arts in American History from Iona College and holds a Graduate Banking Certificate from Adelphi University.

Mr. Ryan is a member of the Board of Directors of the Boy Scouts of Nassau County, a member of the Three Village Historical Society and is former Treasurer of the Nature Conservancy of Long Island.

Gold Coast Bank launches new Commercial Online Banking

On November 3rd, Gold Coast Bank launched a new Commercial Online Banking experience that will make managing your business easier than ever.

A fresh, new look and seamless functionality make Commercial Online Banking easier to use, with convenient access to the most commonly used services.

Important Update: Older web browsers such as Internet Explorer® 8 and Opera™, and operating systems such as Windows® XP and Mac OS® 10.6, are not supported with the new system. Be sure to update your browser or operating system if needed.

To learn more about the new Commercial Online Banking experience, check out our video tutorial.

Joseph G. Farrell Joins Gold Coast Bank Board of Directors

Islandia, NY- On Wednesday, October 22nd 2014, Mr. Joseph G. Farrell, founder of Farrell Building Company, was elected to the Board of Directors of Gold Coast Bank.

Prior to forming his east end company in 1995, Farrell was a lucrative member of the New York Mercantile Exchange.

Today, Farrell Building Company exists as one of the finest of its kind in the Hamptons market. Rooting his business’s success in exceptional customer value, pioneering design and superior construction, Farrell’s once childhood dream is now a living example of true achievement. Nearly two decades since its inception, Farrell Building Company maintains an impeccable reputation with an extensive track record of experience and success. Farrell has been recognized both locally and on a national level for his custom luxury homes. In addition to his New York building network, Mr. Farrell has also commenced building high-end residences in Florida.

Farrell is married with three children. He resides and maintains his offices in Bridgehampton.

Gold Coast Bank Reports Third Quarter 2014 Results

Gold Coast Bank reports 36% profit increase in the third quarter.  This marks the 17th consecutive quarter of profitability for the bank.  The full press release is available by clicking the link below.

Gold Coast Bank 3Q 2014 Press Release

Gold Coast Bank Introduces Concierge Mortgage Service

Gold Coast Bank Chairman and Chief Executive Officer John Tsunis announced that the bank is entering the residential mortgage market with a service-focused approach that will transform the home buying and refinancing process for Long Island consumers.

To read the full press release, click GCB Mortgage Press Release.