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Locality Bank Brings on Banking Veteran Gerry Litrento as Senior Vice President and Chief Revenue Officer

Locality Bank, a digital-first community bank based in Fort Lauderdale, is pleased to announce Gerry Litrento as Senior Vice President and Chief Revenue Officer.



As Locality Bank’s Senior Vice President and Chief Revenue Officer, Litrento will be responsible for driving growth by utilizing the extensive network of successful business clients he has helped throughout his 35-year banking career. Litrento’s executive-level experience and extensive network will be a great asset to Locality Bank as it continues its impressive growth. Locality, which opened in January of 2022, increased its loans and deposits by 95% from 2022 to 2023 and continues to grow in the first quarter of 2024.

 

“Gerry offers an extensive background in banking, following his impressive career with more than three decades in executive leadership in banking and finance,” said Keith Costello, CEO & Co-Founder of Locality Bank. “We understand the importance of strategizing our future and are confident that Gerry’s insight will take us to new heights.”

 

Over the past 35 years, Litrento has built his career working with some of banking’s biggest players while serving in leadership positions overseeing teams of 160 to 350 associates. Litrento served as BankUnited’s Senior Executive of Retail & Business Banking for over 12 years and Executive Vice President and Business Banking Director with the bank for one year prior. Before his career at BankUnited, he worked with Regions Bank, Union Planters Bank, and Bank of America. He graduated from Florida Southern College, earning his Bachelor of Science in Finance and Marketing.

 

As a leader in the fintech industry, Locality Bank combines digital accessibility with personalized, local decision-making, offering a concierge service that understands and meets the specific needs of each client. Locality's technology-centric platform allows clients to manage their finances anywhere, complemented by the bank's headquarters at 1400 South Andrews Avenue, Fort Lauderdale. Locality Bank manages over $212 million in assets.

To stay up to date on Locality Bank visit https://www.localitybank.com.


About Locality Bank


Locality Bank is a digital-first community bank based in Fort Lauderdale, Florida. The bank serves local businesses by offering the traditional services of a community bank as well as user-friendly, cutting-edge technology. The digital-first community bank is located at 1400 South Andrews Avenue, Fort Lauderdale. To learn more, contact Locality Bank by calling 954-799-0900, visiting https://www.localitybank.com or via email at info@localitybank.com. You can also follow Locality Bank on Facebook, X, LinkedIn, Instagram, and YouTube.


By ML Staff. Images courtesy of Locality Bank

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