Signature Bank announced it was named the Gold Stevie® Award winner in two categories of The 15th Annual American Business Awards: Company of the Year - Banking – Large, and Company of the Year - Financial Services - Large categories.
The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
Nicknamed the Stevies for the Greek word meaning “crowned,” the awards were presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Tuesday, June 20.
More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, and 190+ professionals worldwide participated in the judging process to select this year’s Stevie Award winners.
“Each year the judges find the quality and variety of the nominations to be greater than the year before. The 2017 competition was intense and every organization that has won should be proud,” said Michael Gallagher, president and founder of the Stevie Awards.
“Signature Bank is honored to be recognized by the prestigious Stevie Awards program and to earn Gold awards in two company categories. Since our founding and startup, we have built an institution that prides itself on the client relationships we cultivate and sustain, and the veteran banking teams who serve as their single point of contact. It was rewarding to read the judges’ comments recognizing our growth from an entrepreneurial startup to a $40 billion institution. Judges noted the Bank was a ‘great story of a from-scratch company on an extended upward trajectory,’ and that our submission offered ‘entrepreneurial insight into a tradition-heavy industry and growth to prove its worth,’” stated Joseph J. DePaolo, co-founder, president and chief executive office at Signature Bank.
“We built Signature Bank with a mission to provide privately owned businesses an unparalleled, relationship-based banking experience. Since our inception 16 years ago, we have certainly demonstrated our commitment to client care. To this end, the judges said the Bank has a ‘very strong track record and clear differentiation within the market,’ and that our ‘nine consecutive years of growth is very hard to beat.’ We are gratified the judges noticed our growth, and as a result, our fast-growing enterprise was bestowed with two Gold awards,” DePaolo added.
Details about The American Business Awards and the list of 2017 Stevie winners are available at www.StevieAwards.com/ABA.