Overview
Piermont Bank is a digital banking company headquartered in New York City at 4 Bryant Park, Third Floor[1][8]. The company offers digital banking services including business and personal banking, lending, and embedded banking APIs[2]. Piermont Bank's product suite encompasses embedded banking, API banking, fund banking, business banking, personal banking, business lending, commercial real estate lending, venture capital and private equity lending, and sponsor finance lending[4]. The company markets itself as "The Bank That Moves at Your Speed," positioning itself as "Entrepreneur-led, and tech-forward banking to enable fast growing businesses"[3]. According to the company, total assets reached half a billion in less than four years[6]. Piermont Bank is led by founder and CEO Wendy Cai-Lee, who was featured on the Forbes 50 Over 50 list[7][9]. The leadership team includes Derrick Cornelious as Chief Credit Officer, Dennis Day as Chief Payments Officer, Frank Fusco as CFO, Felicia Meaney as Head of Human Resources, Raul Oseguera as Chief Risk Officer, and Wenni Wu as Chief Growth Officer, with Julia Gouw serving as board chairwoman[7].
The company's own site places it in New York: Physical office address listed: '4 Bryant Park, Third Floor, New York, NY 10018'. [2]
Piermont Bank offers Embedded Banking, API Banking, Fund Banking, Business Banking and Personal Banking, plus business lending, commercial real estate, venture capital and private equity, and sponsor finance lending. [4]
Piermont Bank promotes a business money market account earning up to 3.75% APY. [5]
Piermont Bank's New York office is at 4 Bryant Park, Third Floor, New York, NY 10018, open Monday to Friday 8:30am to 5:00pm by appointment. [8]
Business address: 1071 Avenue of the Americas, New York, New York, 10018. [10]
Growth & traction
Piermont Bank states its "Total asset reached half a billion in less than 4 years." [6]
Piermont Bank's leadership team is Wendy Cai-Lee (Founder & CEO), Derrick Cornelious (Chief Credit Officer), Dennis Day (Chief Payments Officer), Frank Fusco (CFO), Felicia Meaney (Head of Human Resources), Raul Oseguera (Chief Risk Officer) and Wenni Wu (Chief Growth Officer), with Julia Gouw as board chairwoman. [7]
Piermont Bank notes that CEO Wendy Cai-Lee was featured on the Forbes 50 Over 50 list. [9]
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