CIBM Bank Hires CRA Lender

NAPERVILLE, Ill., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Eddie R. Williams, III, has joined CIBM Bank as a CRA Mortgage Sales Manager in the Chicago market. In this position, Mr. Williams will be tasked with building a team of CRA-focused lenders to support increased community lending activity within the bank’s Avenue Mortgage division.

“Eddie has been a passionate advocate for CRA and affordable lending for more than 11 years,” said Mr. Gary Maughan, Mortgage Banking Director for the bank’s Avenue Mortgage division. He added, “His expertise in down payment assistance and other first time homebuyer programs will make him a valuable asset to our organization, our customers, and the communities we serve.”

Mr. Williams said, “I am honored to be joining the CIBM Bank team and am excited to lead the charge for the growth and development of CRA lending in all communities. I look forward to working with such a passionate group of people who care about making a positive impact in the lives of others.”

Mr. Williams can be contacted at: (716) 397-4247 (mobile) or

CIBM Bank is a wholly owned subsidiary of CIB Marine Bancshares, Inc. (OTCQB:CIBH) that operates as “Marine Bank” in its Indiana and Wisconsin markets, “Central Illinois Bank” in its central Illinois market, and “Avenue Bank” in its Chicagoland market. The Avenue Mortgage division, located in Naperville, Illinois, serves all CIBM Bank markets. Equal Housing Lender, Member FDIC.

Gary Maughan: (630) 369-7227

Source:CIBM Bank