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Article: Thrift exec recruits bankers to monitor realty loans. (Stuart Weiner of American Savings Bank of White Plains, New York)(People in the News)
- Article from:
- American Banker
- Article date:
- September 20, 1991
- Author:
CopyrightCOPYRIGHT 1991 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Thrift Exec Recruits Bankers To Monitor Realty Loans
While many bankers are cutting back their real estate departments, Stuart Weiner expects to beckon about 10 officers to a new real estate division at American Savings Bank.
Mr. Weiner, 49, said the recruits will probably come from commerical banking, where monitoring loans is more of a way of life than it has been in the thrift industry.
A $1 Billion Realty Portfolio
Mr. Weiner joined White Plains, N.Y.-based American Savings last month. This month he was named executive vice president of the division created to oversee a $1 billion portfolio of commercial real estate loans. The ...