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Piermont Bank leans on its flexibility amid COVID-19 resurgence

August 18, 2021

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The resurgent caseload of COVID-19 is forcing some large, long-standing banks to revise their office-return timelines and improvise fresh policy.

But Piermont Bank, which opened two years ago, has been molded by the pandemic.

Like many financial institutions, Piermont went fully remote when the pandemic struck in March 2020. The bank has always maintained a flexible approach to remote work — permitting it on an as-needed basis, CEO Wendy Cai-Lee said. However, COVID-19 accelerated the habituation of remote work among bank employees and clients.

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