The National Bank of Coxsackie (OTC:NCXS) Stock On Radar After Latest Development

The National Bank of Coxsackie (OTC:NCXS) together with the Colonie Chamber of Commerce and Capital Region hosted a ribbon cutting for the administrative offices and new commercial loan production on August 9th,2023.

The new location is based at 1003 New Loudon Road, Cohoes, and the office space has NBC’s Senior Commercial Credit and Lending. Some key officials include Business Development Officers, Commercial Loan Officers, and commercial underwriters.

Attended by dignitaries and local business owners, the event had Town of Colonie Deputy Supervisor Rick Field, State Senator Jake Ashby, Capital Region Chamber of Commerce Senior Vice President Peter Bardunias as well as Colonie Chamber of Commerce President Thomas Nolte.

National Bank of Coxsackie President and CEO John Balli said that it is not just an office space but demonstrates much more. Balli added that it is a clear commitment to serving individuals and communities. Balli added that it not only augments market exposure, and employment opportunities but business lending has a significant impact on small and mid-market employers.

Since 1852, The National Bank of Coxsackie is the bank of choice for customers. The company has eight branch locations ranging from Coxsackie to Glenmont. These include new commercial loan production as well as an administrative office in Latham. The Bank, which is a wholly-owned subsidiary of NBC Bancorp, Inc, is committed to providing customers with services and products.

The National Bank of Coxsackie had earlier announced on Charlene Slemp was the new Chief Lending Officer. An employee with the bank since 2019, Slemp was until recently the Chief Credit Officer.

Slemp expressed excitement in accepting the role at NBC and is looking on working with a team of talented professionals. She further stated that the bank continues to develop relationships in the market and is excited about leading the commercial lending team and contributing to its market growth.

The bank had opened a commercial local production as well as an administrative office in Latham, NY, which would be serving businesses in the greater Capital District.

National Bank of Coxsackie President and CEO, John A. Balli said that he is proud of working with Charlene, who is a leader at the bank. Balli added that Charlene will advocate for business customers and make sure that their lending needs are met.

Operating since 1852, the National Bank of Coxsackie has been the preferred choice for thousands of customers. The bank has eight branch locations and had also recently opened an administrative and commercial loan production office in Latham for serving the greater Capital Region. The bank is committed to giving customers products and services akin to larger banks, with a more personal touch.

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