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Commercial lending officer joins Bank of New Canaan

Published 1:32 pm, Saturday, March 9, 2013
  • Michael Yao Photo: Contributed
    Michael Yao Photo: Contributed

 

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Michael Yao has joined the Bank of New Canaan as vice president of commercial lending.

Yao is a financial professional with more than 25 years of bank lending experience, primarily in the area of commercial and industrial lending. In his new capacity, he will be responsible for developing new lending relationships, managing existing customers and developing new commercial real estate and C&I loans throughout Fairfield and New Haven counties.

Yao was most recently responsible for commercial originations as vice president of commercial lending at Naugatuck Valley Savings and Loan in Shelton. Prior to that, he was in commercial lending at Patriot National Bank and Newtown Savings Bank.

Yao received a bachelor's degree from Central Connecticut State University and an MBA from the University of New Haven. He resides in Trumbull.