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Ridgewood Savings Bank
names chief banking offi cer
BY JULIA MORO
EDITORIAL@QNS.COM
@QNS
Ridgewood Savings Bank recently
appointed Mark Sanchioni as
its new chief banking officer,
overseeing digital banking, branch
operations and many other departments
within the company.
Sanchioni previously served as the
head of consumer banking operations
and administration at Atlantic Union
Bank in Richmond, Virginia. He also
worked for the Hartford-based United
Bank and spent 19 years at Webster
Bank in senior executive roles.
Leonard Stekol, president and CEO
of Ridgewood Savings Bank, said he
is happy to welcome Sanchioni to the
team.
“His experience in banking and
operations, and his desire to deliver
exceptional customer service, refl ect
our business model, which is to ensure
excellence on every level,” Stekol said.
Sanchioni said he wanted to come
to Ridgewood because of the bank’s
long history of charitable work in the
community.
“That’s a philosophy that’s near and
dear to my heart,” Sanchioni said.
He also noted Ridgewood’s Forbes
ranking as the “No. 1 Bank in New
York.”
“Ridgewood Savings Bank takes that
honor very seriously and works hard
to re-earn it every day,” Sanchioni
observed.
Ridgewood Savings Bank was
founded in 1921 and serves as the
largest savings bank in New York state,
with $6 billion in assets. Ridgewood
has 35 branches across New York City
as well as Yonkers, Westchester and
Long Island.
The bank has donated over $29 million
in Paycheck Protection Program
loans for local businesses, helping
to protect almost 5,000 jobs last year.
They also sponsor local events as well
as teach fi nancial literacy all over the
city.
Sanchioni said he is excited to start
his new job with the Ridgewood Savings
Bank and laid out his goals for the
company.
“Our goal is to help customers gain
better access to their accounts via
various digital platforms that off er
ever-increasing functionality, as well
as through our traditional branch
network that customers enjoy and
frequent in their local communities,”
Sanchioni said. “One of our top priorities
is to help anyone considering
banking with us to better appreciate
that Ridgewood delivers nearly all of
the products and services of any larger
commercial bank without sacrifi cing
the truly personal connection.”
The position was previously held
by Carlos R. Sanchez, who is retiring
in February of 2022 aft er 40 years in
the banking industry. Sanchez started
with Ridgewood Savings Bank in 2016.
Stekol thanked Sanchez for his service
to the company.
“Carlos has played an important
role in delivering a positive banking
experience to our customers, which
is why they continue to rank us at the
highest level,” Stekol said. “We wish
him and his family many happy and
healthy years ahead.”
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