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Bruce Cleveland is President, CEO and founder of Presidential Bank. At the time of Presidential's organization in 1985, Mr. Cleveland was also the founder, principal owner and CEO of GIT Investment Funds, a group of 13 no-load mutual funds and its affiliated companies, which had been established in 1975 and was acquired by Madison Investment Advisers in 1996 where it was subsequently merged into the Madison Funds. Prior to founding the GIT funds and their related investment activities, Mr. Cleveland was a member of the Corporate Finance Department of Drexel Burnham Lambert in New York City and worked briefly at the Small Business Administration in Washington, DC, with responsibility for industry development in the SBIC industry.
During 1990 and 1991 Mr. Cleveland served as a pro bono consultant to the European Bank for Reconstruction and Development, a multinational development bank based in London, England, of which the United States government is a member. In this role he became a part time adviser to the Privatization Ministry of the Republic of Poland, in support of its mass privatization program to transform substantial numbers of larger state-owned enterprises into privately held companies.
Bruce Cleveland is a graduate of Philips Academy in Andover, Massachusetts, and has a bachelor’s degree in Modern European History, with a minor in Physics, from Harvard College. He also holds a Master’s degree in Business Administration from Harvard Business School, with a concentration in Finance. He served as a junior officer in the U.S. Army Quartermaster Corps from 1967 to 1969, during most of which time he was assigned to the Republic of Vietnam.
Robert R. Giraldi is Executive Vice President and Senior Lending Officer of Presidential Bank, where he leads the Bank’s commercial lending activities. He also serves on the Bank’s Loan Committee. He has had more than 26 years of commercial banking experience, and has held leadership roles in commercial lending at a number of prominent banks in the Greater Washington area.
Prior to joining Presidential, Mr. Giraldi was a Market Executive for a local multi-billion dollar community bank and led the business development efforts of a team of lenders, business development officers, and branch managers, with a focus on expanding the former bank’s market share in Maryland and the District of Columbia.
Mr. Giraldi is a life-long resident of the Washington, DC area, and holds a Bachelor of Science and a Master of Business Administration degrees from the University of Maryland, College Park.
John Schoemer is Executive Vice President of Presidential Bank, where he leads the Bank’s mortgage banking operations. John also serves on the Bank’s Loan Committee. John began his career with Presidential in 1987 and has held numerous managerial and operational positions in the Bank.
Prior to joining the Bank, John gained extensive knowledge of secondary marketing and mortgage banking operations serving in positions of increasing responsibility with Washington Federal Savings and Loan, PMI Mortgage Insurance Company, as Vice President of Developers Mortgage Corporation, and as Executive Vice President of Seneca Mortgage.
John is a graduate of West Virginia Wesleyan College. John currently shares his knowledge and experience as a volunteer with the FHLB Atlanta’s Mortgage Banking Advisory Board and as Chairman of the American Bankers Association’s ABA Community Bank Mortgage, LLC.
Douglas C. Haskett II is Executive Vice President and Chief Financial Officer of Presidential Bank. Mr. Haskett has been in banking and public accounting industries since the year 2000. He brings a broad background of financial and leadership experience to Presidential.
Prior to joining Presidential, Mr. Haskett served as Executive Vice President and CFO of a $1 billion commercial bank. In this position, he managed most aspects of the company’s financial operations including finance, accounting, strategic planning, budgeting, asset liability management, bank relations, legal, and personnel. Previously, Mr. Haskett spent six years in several positions of increasing responsibility, serving in mortgage and banking positions from Audit Director to Chief Operating Officer and CFO. During this time, he was directly involved in all aspects of operational, strategic and financial management.
A certified public accountant, Douglas Haskett’s career included 9 years in public accounting, most of which was focused on providing auditing, internal control and corporate governance assurance services to financial institutions. Mr. Haskett holds a bachelor’s degree in Management from Virginia Wesleyan College and a Master’s of Science in Accounting from Old Dominion University.
*APY = Annual Percentage Yield
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