David Ritacco Email & Phone Number

Providence, Rhode Island, United States

I am responsible for Commercial Real Estate and Commercial and Industrial (C&I) Lending, Deposit and Relationship growth throughout Rhode Island, Connecticut and Massachusetts. The asset classes include, but are not limited to, Multi-Family, Industrial, Retail, Hospitality and Investment. BankNewport is a forward-thinking community bank that's focused on helping Rhode Islanders achieve their financial goals. Founded in 1819, we are a mutual company with over $2.3 billion in assets. Having no stockholders, earnings are reinvested to serve our customers and communities. We are growing and serving more customers than ever with 18 branches in Rhode Island. With a full complement of personal and business banking products, BankNewport is proud to serve the financial needs of customers from conveniently located banking offices throughout Rhode Island. We are proud to have been named one of Rhode Island's Best Places to Work and Fastest Growing Companies by Providence Business News.

Westchester County, New York, United States

-Responsible for Commercial Loan, Deposit and Relationship growth through out Westchester County, Mid-Hudson Valley and Fairfield County.

Westchester, New York

•Initiated first ever Commercial and Small Business Banking Sales Plan for the retail branch network.•Develop and source new business through cultivation of existing clients, prospecting, internal resources, out of office networking and third party referral sources including CPA’s and Attorney’s. •Leverage relationships with internal partners to familiarize clients, up to and including new strategies to enrich the relationships and source new opportunities. •Analyze P&L, balance sheets, AR, Tax Returns for financing deals ranging from $500K-$30M.•Prepare loan proposals, credit memos and compile pre-screened financial information for loan committee review.

Stamford, Ct

•Managed $60,000,000 loan portfolio consisting of Real Estate and C&I loans.•Analyzed P&L, balance sheets, AR, Tax Returns for deals ranging from $250K-$10M•Initiated first ever Commercial and Small Business Relationship Building Sales Plan.•Regularly train Branch Managers on how to prospect and identify new business opportunities by networking at community events and by hosting one on one and group training sessions.•Analyzed and underwrote Loan files for Bank acquisition. •RMA (Risk Management Association) Credit Trained.•A direct report for all Commercial and Small Business deals sourced by the Retail Branch Group.

New York, Ny

•Generated over $2 million in business/consumer deposit accounts by identifying new revenue streams and strategies, such as client referrals, cold calling, out of office networking and client prospecting. •Initiated first-ever branch marketing plans to gain share among Gen X target market. Developed a sales proposition and presentation that fully optimized product offering and incentives to attract this audience. •Selected to coach and train employees in effective selling practices in order to help them reach their goals.

Hoboken, Nj

•Managed staff of 20 employees and $300 million deposit base.•Responsible for all branch operations including vault and head teller monthly audits, safe deposit safekeeping, cash items, store budgeting, facilities review, and daily overdraft reporting.•Cultivate relationships with key internal and external customers. Established a process for setting goals and selling for staff such that current client business was fully leveraged.•Trained all platform CSR’s on how to cross sell products, services and how build and maintain relationships as a means of both retaining the current client base and acquiring referral business.

Greater New York City Area

•Only recipient of Top Performing Rookie Financial Specialist Award in 2004 and 2005.•Consistently met sales targets of $1 million in consumer/small business loans and deposits per month via client referrals, weekly cold calling sessions, client prospection, research and analysis

Westchester County, New York, United States

Bachelors, Sports Studies

Education record