Saying No to TARP: Charles Antonucci Sr., CEO, Park Avenue Bank

Published: March 17, 2009, 4:03 p.m.

b'"I don\'t need TARP money." That\'s the message to depositors from Charles Antonucci Sr., CEO of Park Avenue Bank, which recently withdrew its application for federal Troubled Asset Relief Plan (TARP) funds.\\n\\n

In an exclusive interview, Antonucci discusses:\\n\\n

Why his bank withdrew its application;
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The message to his depositors;
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What the banking industry truly needs to recover in the months ahead.
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Charles Antonucci, Sr. is The Park Avenue Bank\'s President and Chief Executive Officer, who brings more than 30 years of banking experience to his position. He is responsible for significantly expanding the bank\'s asset base and branch network throughout the New York marketplace.'