Meet the Savoy Team
We believe in the power of entrepreneurship and our team is ready to help bring your vision to life.
President & Chief Executive Officer
Board of Director
With over 20 years of experience as a banking leader and entrepreneur, Mac is a strong believer in small businesses and the power of local entrepreneurs to drive economic development and growth. After co-founding a community development bank in the Bronx to serve underbanked business owners in and around New York City, he has continued that mission at Savoy. The bank has originated more than $500 million in loans to both early stage and seasoned companies across many industries, including technology, real estate, construction, hospitality, healthcare, apparel, contracting, retail, jewelry and manufacturing.
Senior Vice President, Interim Chief Financial Officer
Ms. Rigo is responsible for Savoy’s internal and external financial reporting and for ensuring the bank’s good standing with federal and state regulatory agencies. She has over 22 years of professional work experience in financial industries. Ms. Rigo is a CPA and currently a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.
Senior Vice President, Chief Compliance Officer & BSA Officer
Michael joined Savoy Bank in October 2019 and is responsible for regulatory compliance and Bank Secrecy Act (BSA) functions for the Bank. Michael has over 40 years of banking experience in compliance, BSA and retail banking. Prior to joining Savoy Bank, Michael was the Chief Compliance Officer as Gold Coast Bank and previous to that, he held various compliance and management positions at a number of community banks on Long Island and NYC.
Senior Vice President, Project Manager
Elijiah is a seasoned financial professional with over 25 years of experience in banking. After 15 years in the C-suite at various banks, Elijiah co-founded a bank focused on serving businesses in the Philadelphia area with a specialty in SBA lending. Elijiah is a graduate of Northeastern University.
Vice President, Savoy Success Team Manager
Honored by Crain’s New York Business as a 2019 Notable Woman in Banking & Finance, Magda Souffront was a key member of the team responsible for the formation and capitalization of Savoy Bank. Magda, has over 48 years hands-on experience in personal and commercial banking in the New York Metro market. The first official employee of the bank when it opened in 2008. Magda currently manages the team responsible for providing our customers with the attention, personalized service, banking know-how and access to experts necessary to leverage and grow their personal and business finances.
Senior Vice President, Chief Operations Officer
Ms. Dabreau is an experienced banking professional whose purpose is maintaining the efficacy of Savoy’s lending and depositing processes and documentation. She has over 30 years of banking experience in both the retail and lending areas with an extensive knowledge of bank operations and system development. Prior to joining Savoy, she has served various small and mid-size financial institutions.
Senior Vice President, Chief Credit Officer
David is responsible for maintaining loan quality at Savoy Bank and managing the Credit Team of loan originators, underwriters and closers. David is a career banker with over 40 years of experience in retail and commercial banking with an extensive knowledge of small business lending. Before joining Savoy Bank, David was the co-founder of a bank in the Philadelphia area that specialized in SBA Lending. David is a graduate of the University of Massachusetts and the Stonier Graduate School of Banking.
Board of Directors
Jeffrey N. Bruce
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