ProfileJim is a Senior Relationship Manager in the Global Banking and Markets line charged with managing and growing a portfolio of Commercial Banking relationships throughout the Hudson Valley ad Capital Region in New York. Prior to this, Jim was a Senior Credit Products Officer at Bank of America charged with structuring, underwriting, approving ,and closing complex credit transactions.
Jim has been an active member of the local market leadership team in the Hudson Valley / Capital Region since joining the Bank and promotes One-Bank solutions across business lines. Jim was past President of the Board of Directors the Community Loan Fund of the Capital Region and an MBA student-coach for University of Albany’s full-time MBA program. Jim currently sits on the MBA Advisory Group for the University of Albany's MBA program. there were a number of past board positions in the region for local not-for-profits including Junior Achievement, Living Resources and McAuley Living Services.
Jim and his wife Ann have two post college age children and five grandchildren. Jim earned a B.S. in Economics from Niagara University, an MBA in Finance from University at Albany (SUNY) along with a Management Supervisory Studies Certificate from the Cornell ILR school. Ann has an education background and taught early childhood and primary grade levels. Jim and Ann are proud supporters of the West Point Parent’s Club Association.
- General industries
Meet the Team
With access to the global resources of Bank of America, our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.
Treasury Sales Officer
Senior Vice President
Commercial Credit Specialist
Assistant Vice President
Sales Support Associate
James C. McDermott
Treasury Sales Officer
Insights and Solutions
Bank of America Business Banking
As you work to take your business to the next level in an environment where business and technology sophistication are critical to having a competitive edge, you need a local banking partner who has your long-term interests at heart.
Bank of America is that local advocate. We work closely with you to understand your business goals. We then draw on our Bank wide resources, technology and experience to generate ideas and solutions that will propel your business further.
With Bank of America Business Banking by your side, you can be assured your business has the power to grow and thrive.
You can benefit from:
Comprehensive commercial banking platform with full range of products and technology, backed by Bank of America’s strength and stability
Access to bank-wide services beyond business banking, to manage both your business and personal wealth
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There is no substitute for a one-on-one relationship with a Bank of America relationship manager who is committed to your needs. Request an appointment today.