Metropolitan Commercial Bank, a New York City-based full-service commercial bank, announced the further expansion of its Title and Escrow Deposit Vertical with the appointment of two veteran Title and Escrow banking professionals from Fifth Third Bank.
Rob Larger joins the Bank as Senior Vice President and Head of Title and Escrow. He has two decades of banking experience, with the last four years at Fifth Third Bank focused on Treasury Management, Large Corporate Deposit Vertical for Title and Escrow as a Vice President, Senior Commercial Relationship Manager and National Product Specialist. Robert’s previous banking experience includes time well spent at Huntington National Bank, Old National Bank and Charter One Bank.
Nowanna Ward joins the Bank as First Vice President, Title and Escrow Program Manager. She has 16 years of banking experience, with the last four years focused on Treasury Management, Large Corporate Deposit Vertical for Title and Escrow as a Vice President and Program Manager. Nowanna has spent most of her banking career at Fifth Third Bank.
“Rob and Nowanna are a great fit to assist in expanding our Title and Escrow group,” said Mark R. DeFazio, President and CEO of Metropolitan Commercial Bank. “Title and Escrow and 1031 Exchange business are a natural expansion of one of the Bank’s core competencies allowing us to deepen our deposit relationships with accounting and law firms, title companies, and real estate managers, owners and investors. This new team will report to Laura Capra, Executive Vice President and Head of Retail Banking for Metropolitan Commercial Bank.”
“Metropolitan Commercial Bank continues to identify the right teams as well as the right business lines on which to focus. Rob and Nowanna’s strong expertise in the Deposit Vertical for the Title and Escrow banking arena will complement and expand the Bank’s efforts to increase deposits. This is a key market opportunity for us. We heartily welcome this team of experienced professionals to the Metropolitan Commercial Bank family,” said Capra.