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Fieldpoint Private announced on July 23 2026 that Roni Gannon and Nelson Kercado join its Private Commercial Banking unit, bringing 24 years and 20 years of
Fieldpoint Private disclosed on July 23 2026 that it has expanded its Private Commercial Banking division with a new senior team headed by Roni Gannon, Senior Managing Director, and supported by Managing Director Nelson Kercado — both arriving from senior roles at major banks [1].
| At a glance | |
|---|---|
| Announcement date | July 23 2026 |
| New team lead | Roni Gannon (24 yrs banking experience) |
| Key hire | Nelson Kercado (20 yrs specialized experience) |
| Focus areas | Escrow deposits, loan agency deposits, captive‑insurance deposits |
Roni Gannon joins after more than 24 years in corporate banking, including a 13‑year tenure at Deutsche Bank where he rose to director and head of U.S. and Latin America sales in the investment bank’s global transaction‑banking group, followed by senior positions at Citizens Bank, UMB Bank and most recently as U.S. head of escrow, captive‑insurance and securitizations at Barclays [1]. Nelson Kercado arrives from Citibank, where he served as senior vice president and senior escrow specialist handling end‑to‑end escrow and paying‑agent services for complex M&A, private‑equity and law‑firm transactions. He previously managed a loan‑agency and project‑finance portfolio exceeding $1 billion at Wilmington Trust [1].
Fieldpoint Private’s Chief Banking Officer David Bagatelle said the hires underscore the firm’s “continued investment in expanding the firm’s banking capabilities to more deeply serve our clients,” signaling a push to broaden its service footprint across the United States, particularly in escrow‑related products that are in demand among private‑equity and M&A participants [1].
The announcement arrives as the private commercial banking sector sees heightened interest in specialized deposit services, driven by volatile credit markets and increasing regulatory scrutiny of traditional loan products. While no immediate market reaction (e.g., equity price moves or bond yields) was reported, the addition of seasoned professionals with deep escrow and loan‑agency expertise positions Fieldpoint Private to capture a larger share of the niche deposit market that many larger banks are scaling back.
The new team’s combined experience and focus on escrow‑related deposits suggest Fieldpoint Private is positioning itself to meet growing client demand for specialized banking solutions, though the impact on its market share will depend on how quickly it can convert that expertise into new business.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jul 23, 2026 · How we report
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