Frank Sorrentino III is Chairman and CEO of ConnectOne Bank (CNOB), with eight branches throughout NJ. The bank was founded by Mr. Sorrentino and other Bergen County civic and business leaders to serve local residents and businesses by providing the highest level of personalized community banking services.
As Chairman and CEO of ConnectOne, Mr. Sorrentino is responsible for its business development plan, serves as the community liaison, sits on the loan committee and serves as the bank's spokesperson. Mr. Sorrentino has been instrumental in developing the bank's branch and expansion strategy and oversees all marketing activities. In 2013, he led the rebrand of the company to ConnectOne Bank as well as the company's initial public offering, which raised over $50 million in capital. In 2014, ConnectOne announced a merger agreement with Union Center National Bank, led by Mr. Sorrenitno which positioned the company to become NJ's Premier Community Bank.
CNOB's board of directors, shareholders, employees and loyal customer base have all contributed to its unprecedented growth. Since opening its first branch in January 2005, ConnectOne has grown to more than $1 billion in assets.
In 2011, 2012 and 2013, CNOB was named a best performing community bank in the country with assets between $500 million and $5 billion by SNL Financial. Additionally, ConnectOne has been named to the Top 10 on NJBIZ's "50 Fastest Growing Companies" list, was named the publication's Business of the Year, and a recipient of the ForbesĀ® "Enterprise Awards" - one of the most esteemed and sought-after small business awards in the U.S.
Mr. Sorrentino is a frequent commentator on CNBC, Bloomberg TV & Radio, and Fox Business News discussing community banking issues, and his views have been published in prominent business publications including The Wall Street Journal and American Banker, along with being a contributor for Forbes.com. In 2013, Mr. Sorrentino, was elected to the Board of Directors of the American Bankers Association.
Previously, Mr. Sorrentino was president of FSS Construction, Inc., a family-owned third generation construction business that specializes in custom-built luxury residential homes. FSS was founded in 1979 and is based in Englewood Cliffs, NJ. Mr. Sorrentino received his B.S. in Construction Engineering Technology from Farleigh Dickinson University in 1987. He was named "Builder of the Year" in 1995 by the Builders Association of Northern New Jersey and was also awarded the Founders Medal from Bergen Catholic High School in 2005.