NYLIB Congratulates Mac Wilcox on His Appointment as President of Hanover Community Bank
/NYLIB would like to congratulate Mac Wilcox on his appointment as President of Hanover Community Bank!
As President, Mac will be responsible for residential and commercial lending and business development, including strategic partnerships and new expansion opportunities. Prior to joining Hanover, Mac was President & CEO of Savoy Bank through its merger with Hanover in May 2021. At Savoy, Mac oversaw the bank's transition into a leading SBA lender and growth from roughly $80 million to nearly $700 million in assets through the origination of more than $1 billion in commercial loans across many industries, including technology, real estate, construction, hospitality, healthcare, apparel, contracting, retail, jewelry, and manufacturing. Previously, Mac co-founded a community development bank to serve underbanked communities in the South Bronx and across New York City. Mac earned a BA from Vanderbilt University and an MBA from ASU, Thunderbird School of Global Management.
Mac has long been an active and valued contributor to the NYLIB community. He currently serves on NYLIB’s Advisory Board, which advises the organization on programming and strategic direction.
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NYLIB President Ed Lutz commented: “NYLIB is proud to call Mac Wilcox a friend and Hanover Bank a member of the organization. Mac is a thought leader in community banking, and his appointment as President is well deserved. Hanover Bank is in capable hands.”