"The new headquarters marks the next evolutionary step in PCSB Bank’s strategic expansion plans," says Joseph D. Roberto, chairman, president and chief executive officer of PCSB Bank. "It is located in the center of our expanded footprint — reflecting our commitment to remaining a community-focused, customer-driven bank as we grow."
The move follows the bank’s recent acquisition of CMS Bancorp, which served as a platform for PCSB’s deeper expansion into the Westchester market. PCSB Bank now operates 15 banking centers, with 8 branches in Westchester County and others located in Putnam, Dutchess, and Rockland counties. The bank also changed its name from Putnam County Savings Bank after more than 140 years, while also introducing a new logo.
In planning the CMS merger, Mr. Roberto sought ways to expand PCSB’s scope while retaining the personalized customer relationships that foster loyalty. According to Mr. Roberto, PCSB’s size and structure allows for a high level of flexibility, especially as it relates to consumer and commercial lending options. The bank also focuses on providing a banking environment that directly addresses the needs of underserved, yet hard-working middle class families in Westchester.
The Yorktown Heights headquarters will house all non-branch personnel including the following departments: Operations, Finance, Purchasing, Information Technology, Compliance, Human Resources, Commercial and Residential Lending, Credit and Marketing.
"Having all PCSB Bank departments situated together in one location will also provide an improvement in the bank’s overall operating efficiency," concludes Mr. Roberto.
