Mortgage Veteran Saitta Joins Ridgewood Savings Bank

Ridgewood Savings Bank has announced the appointment of Arthur P. Saitta as assistant vice president and residential business development officer. Saitta comes to Ridgewood with more than 20 years of experience in residential mortgage lending, where he has worked on both the retail and wholesale sides of the business. Previously, Saitta was the director of sales and operations for Trump Mortgage, LLC. He has also worked for Astoria Federal Savings Bank as an officer and manager of mortgage originations; European American Bank (EAB) as vice president; and Great Western Mortgage Bank as regional manager and bank officer.

Saitta will be responsible for new product development and implementation. He will also oversee Ridgewood's residential mortgage account team and the operations of the bank's mortgage centers in Hicksville, Garden City Park, and Glendale.

"We are pleased to welcome Arthur Saitta to the Ridgewood Savings Bank family," Ridgewood Savings Bank Chairman, President, and Chief Executive Officer William C. McGarry said, "Art brings a proven expertise in real estate financing that will certainly assist prospective and current homeowners in realizing their dreams. Investing and reinvesting in the neighborhoods we serve is one of the core missions of our community focused bank."

"I am truly excited to have joined Ridgewood Savings Bank and am looking forward to continuing its history of providing customers with personalized mortgage services tailored precisely to meet their needs. I am proud to be a part of that tradition," Saitta responded.

Ridgewood Savings Bank also announced that Vice President Stephen Matvya has retired after 14 years of distinguished service to the bank. His retirement capped a 45-year career in the mortgage industry. "We would like to extend our best wishes to Stephen Matvya in his retirement," McGarry said. "Steve held a number of key roles in our lending division, most notably playing an integral role in the expansion of the Bank's residential loan portfolio. He certainly will be missed."

Ridgewood offers a wide variety of products and services for home mortgages and home equity as well as consumer and commercial loans, all with flexible terms and affordable rates. The bank's lending territories include Manhattan, Queens and The Bronx in New York City; Westchester, Nassau, Suffolk, Orange, Dutchess, and Rockland Counties in New York State; Bergen County in New Jersey, and Fairfield and Litchfield Counties in Connecticut.

Chartered in 1921, Ridgewood Savings Bank (www.ridgewoodbank.com) is the largest mutual savings bank in New York state with $4.1 billion dollars in assets, serving customers throughout the New York metropolitan area.