Michael Psyllos

Overview

Michael Psyllos has served as President & Chief Executive Officer of Alma Bank since August 2015, and is also a board member. He leads a community bank, overseeing a New York State-chartered financial institution with over $1.3 billion in assets and multiple branches across the New York metropolitan area.

Psyllos is known for his integrated approach to banking leadership, combining expertise in capital markets, real estate, and legal affairs. He holds three advanced degrees, which he uses as a competitive advantage in his leadership. His experience spans both institutional finance and community banking operations.

Education

Psyllos holds an MBA in Finance and Accounting from NYU Stern School of Business, a JD from Touro University Jacob D. Fuchsberg Law Center, and a Bachelor of Business Administration in Public Accounting from Hofstra University. He earned his undergraduate degree in public accounting with a minor in computer science in 1989, completed law school in 1993, and finished his MBA at NYU in 2000, working days while attending school at night.

Career History

• Managing Principal at Breakwater Capital Partners (August 2015–July 2017)
• Managing Director at Millstein and Co. (August 2013–August 2015)
• Managing Partner at CapRok Real Estate (September 2011–August 2013)
• Director at Citigroup Global Markets/Salomon Smith Barney (2000–2011)

What Psyllos could bring to Alma Bank: With an 11-year tenure at Citigroup in global capital markets followed by senior roles at leading investment and real estate advisory firms, Psyllos brings institutional-scale financial expertise and relationship-building skills to community banking. His legal background and accounting foundation complement his capital markets experience, enabling him to navigate complex regulatory environments and lending structures while building Alma Bank's strategic advisory capabilities. His emphasis on mentoring and relationship development aligns with community bank values of personalized service and stakeholder trust.