Blue Foundry Bank has brought on industry expert, Elizabeth Ranalli, to manage the bank’s commercial loan closing practices as AVP/Commercial Loan Closing Supervisor. In her position, Ranalli’s focus will be streamlining the loan administration process which will, in turn, fast track the department’s goals to better assist loan officers and further improve the customer loan experience.
"We are delighted that Liz has joined Blue Foundry Bank,” said Jim McKiernan, FVP Lending. “Her comprehensive lending experience, extensive industry background and proven leadership skills make her superbly qualified for her role on our lending team.”
With 27 years in commercial lending under her belt, Ranalli understands the unique needs of both the customer and lender. She joins Blue Foundry Bank following impactful positions at Greater Community Bank, Freedom Bank and Bank of New Jersey. Ranalli’s perspective and acumen proved especially invaluable when Freedom Bank, a De Novo Bank, prepared to open for business - ultimately helping the institution achieve sustainable success. She plans to bring the same keen eye to the commercial lending process at Blue Foundry.
“With the recent pivotal move of rebranding the bank’s identity, after a rich 80-year history, Blue Foundry’s new vision and philosophy resonated with me. I felt it was a perfect opportunity for me to put my experience and skill sets to use building a foundation for Blue Foundry’s next generation,” said Ranalli. “My mission is to provide the necessary strength and stability to support the bank’s continued success as an industry leader in forging positive customer relationships.
Outside of work, Ranalli enjoys spending time with her family in Passaic County. She is a devoted philanthropist and can frequently be found exploring new cuisines, ice skating, and taking long walks on the beach.