Michael Claisse
By Joshua Burd
Spencer Savings Bank has tapped Michael Claisse as its executive vice president and chief lending officer, elevating him from his post as director of commercial real estate lending.
The Elmwood Park-based bank said Claisse, who joined its team in 2018, has managed its commercial real estate department and was responsible for growing the portfolio while maintaining credit quality. In his new role, he will assume leadership responsibilities across all residential, consumer and commercial lending areas as well as oversee the loan portfolio management and loan operation functions.
“Michael has been an essential member of the Spencer Savings Bank team since he joined the bank in 2018,” said Jose Guerrero, chairman and CEO. “His proven leadership, expertise in lending and commitment to customer excellence will continue to drive our company’s future success. His promotion reflects the significant contributions he has made to the growth of the bank. We look forward to his partnership with the executive team as we all work together to find the very best financing solutions for our customers.”
Claisse, who has more than 30 years of industry experience, has a strong background in real estate equity and finance products, according to a news release. He has held several prior senior positions and real estate finance roles at both public and mutual banks and is frequently a speaker and panelist at national lending conferences and seminars.