Suffolk Federal is proud to announce the promotion of Thomas Perri of Hauppauge to Assistant Vice President, Business Services. In this position, Perri is responsible for overseeing all business services and commercial lending functions of Suffolk Federal along with building and establishing relationships with business members and prospects. He monitors and manages the commercial loan portfolio exceeding $120 million dollars which includes performing quarterly and annual reviews. He creates and implements short and long-term strategic goals and objectives, develops and updates all business lending policies and procedures, acts as a liaison with regulators, examiners and auditors and is responsible for the asset (credit) quality of both originations and the existing portfolio.
Perri joined Suffolk Federal in 2013 as a Senior Relationship Manager of Business Services. Prior to joining Suffolk Federal, he was employed at Citibank as a Business Banker in Lindenhurst. Perri is a graduate of Long Island University/C.W. Post Campus and holds a Bachelor of Science Degree in Business Administration. He is affiliated with the Long Island Real Estate Group, Institute of Management Accountants, Commercial Industrial Brokers Society, Long Island Commercial Network, New York Society of CPA’s-East End Chapter, Hauppauge Industrial Association and Northport High School Football Booster Club.