From the Wires
Community National Bank Celebrates Record Year at Annual VIP Celebration
Market Score Board Report Host Ron Insana Provides Keynote Address
By: PR Newswire
Dec. 15, 2012 01:24 AM
GREAT NECK, N.Y., Dec. 15, 2012 /PRNewswire/ -- To celebrate record growth and earnings, Community National Bank (CBNY.OB), the fastest-growing commercial community bank in the New York tri-state area, hosted their annual dinner meeting for Directors and VIP Clients December 6, 2012 at the Engineers Country Club in Roslyn Harbor. Bank chairman, president and CEO, Stuart H. Lubow, presided over the affair, led the festivities and welcomed important guests to this special celebration.
With more than 155 people in attendance, this was a momentous occasion for the bank and a way to say thank you to those who have contributed to its success.
Before introducing the keynote speaker, Mr. Lubow noted that Community National Bank has enjoyed record 29% growth in 2012, and 31% deposit growth, pushing the bank past $700 million in assets.
In the first quarter of 2013, the bank will open its eleventh branch, Mr. Lubow proudly announced. Like all CNB branches, the new one in Hewlett Harbor will include lending officers authorized to make quick, independent loan decisions without having to go through out-of-state loan committees. Everybody at CNB is accessible, including the President, he added.
Mr. Insana spoke about the economy and what lies ahead in 2013. He predicted three to four percent growth, and that Congress will reach a deal to avoid "the fiscal cliff" before year-end.
SOURCE Community National Bank
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