Signature Bank will expand in the greater Los Angeles market to complement its San Francisco operations.
The bank appointed Judi Prejean, who will oversee the bank’s West Coast growth and ongoing operations, to the post of executive director of West Coast banking operations. The bank also appointed 45 professionals, spanning 15 private client banking teams. Signature Bank’s West Coast banking operations are now composed of 19 teams, including 61 banking professionals.
The new teams will be based in both Northern and Southern California, and as a result, Signature Bank will open four new private client banking offices in the Southern California areas of Warner Center (Woodland Hills), Newport Beach, Beverly Hills and Ontario. Concurrently, the bank will expand its presence in San Francisco with the appointment of five additional teams to its Mission Street office.
Prejean, based in Warner Center, has more than four decades of banking experience. Most recently, she was senior vice president and business banking group manager at Bank of the West in Los Angeles, where she spent nearly 30 years in roles of increasing responsibility. In her last position, she led business banking throughout California, working with small- to mid-size businesses statewide, and managing nine banking teams. Colleagues she worked with there for more than 10 years also joined Signature Bank.
The bank named Emilie McMurray and James Canepa managing group director and senior vice president, respectively. McMurray and Canepa are responsible for business development and for the oversight of six and four teams, respectively.
McMurray, with more than two decades of banking experience, joined from JPMorgan Chase in Irvine, CA, and will be based in the Newport Beach, CA, office. Previously, as senior vice president and market manager for business banking in Orange County, CA, McMurray and the more than 80-person team she managed oversaw the banking and finance needs of the institution’s commercial client base.
The teams under McMurray’s direction throughout both Northern and Southern California, include mainly professionals with whom she previously worked at JPMorgan Chase, including:
Several teams will call the new Beverly Hills, CA, office home.
Canepa will oversee private client banking teams throughout Southern California, including those in Warner Center (Woodland Hills), Ontario and Beverly Hills. He spent the past decade of his 22-year banking career at Bank of the West in Sherman Oaks, CA, where he was a regional manager and senior vice president, managing the Southern California region.
Canepa worked with Prejean for five years. The teams he will oversee predominantly joined from Bank of the West. Canepa and the following teams will be based at the new Warner Center office in Los Angeles’ San Fernando Valley:
Furthermore, two additional teams will add to Signature Bank’s Los Angeles-area expansion, including:
Additionally, Signature Bank appointed three teams to its existing San Francisco private client banking office, including:
“While our roots date back 20 years to our New York City inception as an entrepreneurial start-up commercial bank, Signature Bank has quickly grown from our initial beginnings in Manhattan and Brooklyn,” Joseph J. DePaolo, president and CEO at Signature Bank. “First, we expanded into the greater metropolitan New York area, and then, 16 years later, we established operations on the West Coast in 2017. With our proven single-point-of-contact banking model at our core, we realized the vast opportunity for bankers and clients alike on the West Coast. Our San Francisco clients are also significantly benefiting from the type of dedicated, exceptional service the bank delivers to the commercial market, which has continually distinguished this institution since our formation.
“In keeping with our founding philosophy, we add offices in geographic areas only once we identify veteran bankers in those markets. The West Coast presented many opportunities for attracting seasoned banking professionals, all of whom have long-standing careers and significant relationships, which is why this latest expansion is so sizeable and extensive. We welcome Judi and all the teams to the Signature Bank network and are ready to introduce our distinctive single-point-of-contact banking model to Southern California while simultaneously deepening our Northern California presence. We look forward to the contributions this remarkable group of professionals will bring to the Signature Bank franchise.”
“Signature Bank is just the right combination of traditional banking and modern technology,” Prejean said. “The institution and its principles initially reminded me of the way banking relationships were conducted in the past, when common sense, financial care and stellar service were considered key components of the decision-making equation, and the client was central to a bank’s operations and success. Here at Signature Bank, the client-banker relationship is clearly understood and highly valued in that same regard. In addition, commercial clients are afforded state-of-the-art technologies, giving them today’s necessary tools for advancing their businesses. Our clients perceive their bankers and teams as trusted and committed advisors, and know we stand ready to meet all their needs. I am privileged to have found Signature Bank after dedicating my entire career to the financial services space, and now see how its unparalleled model and single-point-of-contact focus influence the industry and the delivery of client care.”
Signature Bank expects to open its Warner Center, Ontario and Newport Beach private client banking offices during the summer of 2020, with Beverly Hills following in the fall.
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