Coleman Movers & Shakers – Kyle DeCicco, David Keleher, and Peapack-Gladstone Bank SBA Team

January 13, 2021

Delaney Sexton
Contributing Editor

Coleman Movers & Shakers – Kyle DeCicco, David Keleher, and Peapack-Gladstone Bank SBA Team

Sanibel Captiva Community Bank Promotes Kyle DeCicco to President

“This key promotion gives SanCap Bank a highly energized leader who is committed to driving responsible growth through our second decade of business,” says Craig Albert, founding president and CEO, in the statement. “It is my privilege to serve alongside Kyle and our entire SanCap Bank team to continue to meet the needs of our customers, employees and community.”

DeCicco joined the bank in 2016 as vice president and commercial loan officer, focusing on commercial real estate lending and relationship development with local businesses and investors. He was instrumental in leading the bank’s efforts in administering the SBA Paycheck Protection Program in 2020 and 2021. Under his direction, the bank successfully secured over 1,100 loans totaling nearly $106 million, the release states, helping save nearly 10,000 Southwest Florida jobs in the wake of the pandemic.

With over 15 years of banking experience, DeCicco has worked in commercial real estate and lending, credit analysis, performing and nonperforming loan portfolio management and management of FDIC insured loss-share assets. His efforts have resulted in the bank closing nearly $300 million in commercial loans in six years, the release states, the majority of which support local individuals and businesses seeking to launch a business, grow operations or purchase real estate.

David Keleher is Promoted to President of Badger Bank

“We look forward to David’s continued long-term contributions,” states Steve Dehnert, CEO. David Keleher previously held the position of Executive Vice President, Senior Loan Officer and currently sits on the Board of Directors for Badger Bank. David will continue to set the pace of “Working Together, Achieving Success” that Dehnert had set in place.

Keleher began his career with Badger Bank in April of 2010 as Vice President. With 40 years of experience in the banking industry, Keleher offers a depth of knowledge in lending, compliance regulations, deposits and operations. His knowledge and understanding not only of the Badger Bank product offerings, but of how to develop, grow and operate a successful financial institution led to this much-deserved promotion.

Peapack-Gladstone Bank Expands SBA Team with Sanjay Patel, Bhavesh Sheth, and Parth Thakor

Sanjay Patel joins Peapack-Gladstone Bank’s SBA team as a managing director, SBA banker. Previously, as first senior vice president at Noah Bank, he was responsible for the origination and processing of commercial, SBA 7(a) and 504 loans.

With over 18 years in the financial services industry, Bhavesh Sheth also joins the team as managing director, SBA banker. With a concentrated focus on SBA lending, Sheth has a proven track record of increasing sales, market share and growth in profits in a competitive financial arena. Most recently, Bhavesh served as senior vice president, Noah Bank, and as an independent consultant for Creative Funding Inc., where combined he originated over $30 million in SBA 7(a) loans.

Parth Thakor, a graduate of Rutgers University with a bachelor’s degree in economics, joins Peapack-Gladstone Bank as assistant vice president, SBA underwriter. Parth will support the SBA team through his extensive background in underwriting and credit analysis. Formerly serving as a credit analyst at Noah Bank, his expertise was invaluable through the evaluation and analysis of prospective lender applications. Prior to that, he served as SBA loan packager at Creative Funding Inc.; loan assistant at Poppy Bank; and SBA loan packager at Freedom Small Business Lending, BIDCO Inc.