Gold Coast Bank | Long Island's Community Bank http://gcbny.com Tue, 27 Sep 2016 13:36:31 +0000 en-US hourly 1 Long Island Business New “Business & Finance Awards” 2016 Honoree – Gold Coast Bank’s Chairman/CEO John C. Tsunis! http://gcbny.com/long-island-business-new-business-finance-awards-2016-honoree-gold-coast-banks-chairmanceo-john-c-tsunis/ Fri, 23 Sep 2016 19:43:09 +0000 http://gcbny.com/?p=1561 The Long Island Business News hosted their annual “Business and Finance Awards” Dinner at Crest Hollow CC in Woodbury on Thursday, September 22nd! Among the honorees, GCB’s very own Chairman/CEO John C. Tsunis! Congratulations to this year’s honorees, notably, our friend, Nassau County Comptroller George Maragos!  Thank you to everyone who came out! Special thanks to our friends at Todd Shapiro Associates, the Holiday Inn Express Stony Brook and the law firm of Tsunis, Gasparis, Lustig, Ring and Kenny for their continued support!

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Congratulations to GCB Chairman / CEO John C. Tsunis! Long Island Business News’ ” 2016 Business & Finance Awards Honoree!” http://gcbny.com/congratulations-to-gcb-chairman-ceo-john-c-tsunis-long-island-business-news-2016-business-finance-awards-honoree/ Wed, 21 Sep 2016 14:51:27 +0000 http://gcbny.com/?p=1552 This event, being held on Thursday, September 22nd, 6:00pm at Crest Hollow CC in Woodbury will recognize financial professionals for their outstanding performance as stewards of Long Island’s corporations, government and nonprofit organizations. We will highlight accountants, financial advisors, controllers, chief financial officers, and other financial professionals.

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“Gold Coast Bank Profit Rises” … As Seen in Today’s Long Island Business News http://gcbny.com/gold-coast-bank-profit-rises-as-seen-in-todays-long-island-business-news/ Mon, 18 Jul 2016 20:07:13 +0000 http://gcbny.com/?p=1412 By: Claude Solnik

Islandia-based Gold Coast Bank reported $573,000 second quarter net income, up 178 percent from $206,000, and $991,000 for the year to date up 114 percent from $463,000.

Assets for the quarter ended June 30 increased $70 million to $395 million from a year ago and $46 million from the end of the prior year.

Gold Coast’s deposits rose $57 million to $352 million from a year ago and grew by $45 million from the end of the prior year.

The bank’s loan portfolio grew by $63 million to $297 million year over year and by $21 million from the end of the prior year.

CEO John Tsunis said the bank is intent on continuing “our financial progress” and expanding, fueled by funds it obtained recently through a public offering.

Gold Coast on June 28 completed a public offering of nearly 1 million shares that raised about $9.5 million as its stock began trading on the OTC Pink Markets under the “GLDT” symbol.

Sourse: http://libn.com/2016/07/18/gold-coast-bank-profit-rises/

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Gold Coast Bank Earnings Press Release – As of June 30, 2016 http://gcbny.com/gold-coast-bank-earnings-press-release-as-of-june-30-2016/ Mon, 18 Jul 2016 20:00:07 +0000 http://gcbny.com/?p=1405 GCB 06 30 16 press release FINAL

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GCB and Islip Town Supervisor Angie Carpenter Welcome the Bank’s Newest Board Member Alan “Buddy” Simmons … http://gcbny.com/gcb-and-islip-town-supervisor-angie-carpenter-welcome-the-banks-newest-board-member-alan-buddy-simmons/ Fri, 15 Jul 2016 19:33:22 +0000 http://gcbny.com/?p=1380 So much to celebrate! On Wednesday, July 13th GCB hosted a welcome/networking event in honor of one of our newest board members, Alan “Buddy” Simmons !

Buddy is a founding shareholder and director of Gold Coast Bank. He is also a New York City licensed Master Rigger, a founding member and Managing Director of the New York City Master Riggers Association, and President of Budco Enterprises, Inc. in Hauppauge!  Also in-house to welcome and congratulate Buddy was Islip Town Supervisor Angie Carpenter!

Special thanks to everyone who came out to celebrate with us! We appreciate your continued support!

This event was sponsored by the Long Island Business News! Photo credits to Clifford Mason of Masefx Photography!

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