Northwest Bank names Sean Morrow as Interim Treasurer

Northwest Bank, a full-service financial institution offering a complete line of business and personal banking solutions, has named Sean Morrow as Interim Treasurer effective August 23. He will replace Corporate Treasurer and EVP of Finance and Accounting Jeffrey Maddigan, who is leaving to pursue an opportunity outside of the bank. In this role, Morrow will oversee the treasury function, including managing the bank’s interest rate, liquidity and capital efforts; managing the securities investment portfolio; facilitating interest rate swaps...

Lama AI and Bridge to Revolutionize Commercial Lending Distribution

Lama AI, the award-winning AI-powered origination technology provider for the financial industry is pleased to announce a new partnership with Bridge. Bridge is a cutting-edge digital platform that connects business owners seeking capital with a diverse network of lenders. This strategic partnership allows Lama AI customers to benefit from access to Bridge’s marketplace – sourcing business loan needs through various sources and partnerships. Complementing the multitude of available sources within Lama AI, this collaboration offers banks the...

EverBank Launches New Asset-Backed Finance Division

EverBank is proud to announce the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and will continue to build on the bank’s wide range of capabilities focused on alternative asset managers and the private capital industry. Structured lending solutions will be the focus of the business across a variety of...

USSFCU Appoints Ricardo Pineres as Chief Risk Officer

The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Ricardo Pineres as the new Chief Risk Officer, effective July 2024. With over 15 years of experience in the financial services industry, Ricardo brings a wealth of knowledge and expertise in legal, compliance, and regulatory matters to USSFCU. In his distinguished career, Ricardo has successfully led compliance teams at Navy Federal Credit Union, Capital One, and State Department FCU. He has also contributed his...

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