By Joshua Burd
Spencer Savings Bank has appointed longtime commercial real estate industry executive Michael Fasano to its board of directors.
The Elmwood Park-based lender said Fasano, a managing partner with RIPCO Real Estate, comes to the post with more than two decades of commercial real estate experience and a wealth of expertise. With RIPCO, he oversees the company’s investment sales and capital markets platform as well as leasing in Long Island, Queens and New Jersey.
“We are excited to welcome Michael Fasano to the board,” said Jose B. Guerrero, chairman and CEO of Spencer Savings Bank. “Michael has strong leadership experience and extensive industry expertise. He shares our passion for community banking and has seen the impact that community banks can make. Together we’re committed to the bank’s growth and success, as well as that of the communities we serve across New Jersey. We look forward to his partnership.”
Prior to joining RIPCO, Fasano held leadership positions at Marcus & Millichap in both Atlanta and Elmwood Park. The Seton Hall University alumnus and Bergen County resident is a member of ICSC and the New Jersey Apartment Association.