HomeFinanceFla. bank expands corporate banking into N.J.

Fla. bank expands corporate banking into N.J.

BankUnited, a Florida-based bank, has expanded its corporate banking division into New Jersey, it announced recently.

The bank, based in Miami Lakes, said in a news release it has hired Arlene Pedovitch and Nancy McIver as senior vice presidents. They will serve middle-market corporate customers in the Garden State, working out of an office in Iselin.

“I am thrilled to welcome Arlene and Nancy, two leaders in corporate lending who are well-known and -respected in New Jersey business circles, to our BankUnited team,” Jeffrey Fliegel, executive vice president, corporate banking, New York, said in a prepared statement. “Their expertise and knowledge of the market will be an asset as BankUnited continues to grow its footprint.

“With this expansion into New Jersey, BankUnited will now have corporate banking offices in New York City, Long Island, Rye Brook (New York) and New Jersey to better serve the needs of clients throughout the Northeast.”

Pedovitch and McIver will report to Fliegel, the bank said.

Pedovitch, who has more than 25 years of industry experience, will lead the new commercial lending team serving corporate customers in New Jersey. She had been a senior vice president and the New Jersey and Pennsylvania market manager for Capital One Bank in Edison.

McIver, who also has more than 25 years of industry experience, will originate commercial loans and manage a loan portfolio of New Jersey corporate customres. She had been a senior vice president and relationship manager, also with Capital One Bank in Edison.

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