Gold Coast Bank making house calls to make home loans

Islandia-based Gold Coast Bank's headquarters are pictured on Feb. 14, 2011. Credit: Kevin P. Coughlin
Islandia-based Gold Coast Bank has entered the residential mortgage business -- and it's making house calls. The bank said it will take applications in customers' homes or offices, if they wish.
Chief financial officer Catherine Califano said the five-branch, privately held bank began accepting applications for mortgages over the summer.
John Tsunis, the bank's chairman and chief executive, said in a statement, "Our approach in this area focuses on the personal touch."
The six-year-old bank has more than $261 million in assets.
Power bills may increase ... What's up on LI ... Plays of the week ... Get the latest news and more great videos at NewsdayTV
Power bills may increase ... What's up on LI ... Plays of the week ... Get the latest news and more great videos at NewsdayTV




