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May 03, 2015 10:34 PM ET


Company Overview of Bank Leumi USA

Company Overview

Bank Leumi USA operates as a commercial bank that provides financial services to middle market firms and international businesses in the United States. The company offers commercial banking services, including middle market lending, syndicated loans, equipment lease financing, cash management, trade finance, and wealth management; individual and corporate private banking services; and advisory services, brokerage services, cash management, corporate services, deposit products, and a range of securities and insurance products. It serves importers and exporters, manufacturers, distributors, and retailers in various industries, such as textiles and apparel, food and wine, entertainment, real es...

579 Fifth Avenue

New York, NY 10017-1917

United States

Founded in 1954





Key Executives for Bank Leumi USA

Chief Executive Officer and President
Chief Operating Officer and Executive Vice President
Senior Vice President of Private Banking & International Services
First Vice President and Head of Trade Finance Group
Head of Diamond & Jewelry Leading Team
Compensation as of Fiscal Year 2014.

Bank Leumi USA Key Developments

Bank Leumi USA Launches LeumiTech in the US

The Leumi Group's Deputy CEO and LeumiTech Chairman, Prof. Daniel Tsiddon, LeumiTech CEO, Ms. Yifat Oron and CEO of Bank Leumi USA, Mr. Avner Mendelson, Bank Leumi announced the launch of LeumiTech, a suite of financial products and services tailored to the needs of high-tech companies in the United States. Ms. Oron announced the launch at the Israel Dealmakers Summit in New York. LeumiTech offerings will be focused on New York, which comprises a growing volume of the high-tech industry in the US as well as Silicon Valley. LeumiTech, through Bank Leumi USA, will offer financial products and services to Israeli high-tech companies operating in the US or those with an Israeli connection. LeumiTech services will support Israeli high-tech companies operating in the US from the growth stage onwards and provide them with personalized service in both English and Hebrew. LeumiTech also provides Israeli companies with a strong connection to the technology ecosystem in major high-tech areas in the US and serves as a one-stop-shop for their daily financial operations, money transfers to Israel, currency conversions, hedging, cash management products and liquidity management. LeumiTech is tailored specifically to high-tech companies, providing high-tech firms with a comprehensive package of services, including credit, financing, investments, partnerships, unique products and services and an international platform. Since inaugurating LeumiTech in Israel more than a year ago, the company's unique positioning has enabled Leumi to fund dozens of financing transactions in the industry that combine financing for high-tech companies whose center of activity is in the United States, provide a series of specialized products and services for high-tech companies and create many strategic partnerships.

Bank Leumi USA Appoints Andrew W Coward as Vice President and Relationship Manager in Middle Market Lending

Bank Leumi USA has announced that it has expanded its middle market lending team. The firm appointed Andrew W Coward as vice president and relationship manager in Middle Market Lending. He is to be responsible for introducing middle market companies and their owners to Bank Leumi USA's boutique approach. Andrew will also advise existing clients. He has more than 15 years of experience.

Bank Leumi USA Opens New Commercial and Private Banking Office in Los Angeles, California

Bank Leumi USA announced the opening of its new branch office in downtown Los Angeles on June 2, 2014 at 555 West Fifth Street, 33rd floor. Bringing the bank's three LA area branches into a single location will provide more efficient, client-focused service to ensure that client needs are met. The new branch office will benefit clients through expanded commercial business services in key areas, such as Healthcare, Commercial Real Estate, Apparel, Technology and more. Similarly, private banking clients will benefit from innovative solutions and broker-dealer services through Leumi Investment Services Inc. (LISI).

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