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Citizens Bank wants to grow its security lending

August 10, 2015Martha Entwistle

BOSTON—Citizens Bank wants to do more security alarm deals and “expand around the edges” to adjacent businesses, Greg Buscone, SVP and market manager of Specialized Banking at Citizens Commercial, told Security Systems News.As part of this effort, Citizens has hired Christopher E. Needham and Kenneth J. Mooney as managing directors of Citizens' Security Alarm Industry Banking team. Citizens is looking to expand its “traditional EBITDA lending and RMR lending,” as well...

Chris Needham, Citizens Bank, Greg Buscone, Ken Moody, Security Alarm Banking Group